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Microsoft's Azure OpenAI service, which provides access to OpenAI's language models, is experiencing significant growth and diversification of its customer base, as reported by The Verge. While TikTok had previously been the dominant customer, Microsoft has successfully expanded its clientele to include major corporations spending over
AI cloud platform operator CoreWeave has closed a $650 million secondary share sale to investors, more than tripling the company's valuation to $23 billion over the past year, reports Reuters.
The investors were led by Jane Street, Magnetar, Fidelity Management, and Macquarie Capital. This significant valuation increase highlights
Two European search engines, Ecosia and Qwant, are joining forces to build a European search index and reduce their dependence on US tech giants like Google, reports CNBC.
The companies have formed a joint venture, called the European Search Perspective (EUSP), with equal ownership. The venture, set to launch in
Amazon is making significant strides in its quest to challenge Nvidia's dominance in the AI chip market, reports the Financial Times. The tech giant's cloud computing division is investing heavily in custom chips, spearheaded by Annapurna Labs, a chip start-up acquired by Amazon in 2015.
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