Meta backs Databricks as the data analytics startup inches toward IPO
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.
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Google Steps Up AI Race With Fresh $1 Billion Investment in OpenAI Rival Anthropic
The AI contender to the apparent market leader finished a $2 million funding round and now has a $60 billion valuation.
No Silver Bullet: Governance Under Spotlight as AI Shapes Payments Innovation - PYMNTS.com
No Silver Bullet: Governance Under Spotlight as AI Shapes Payments Innovation PYMNTS.com
What companies can learn from the gold rush for the AI boom - TechRadar
What companies can learn from the gold rush for the AI boom TechRadar
Vertice raises $50M for its AI-powered SaaS spend platform - TechCrunch
Vertice raises $50M for its AI-powered SaaS spend platform TechCrunch
Trump unveils multi billion dollar plan to fund AI infrastructure - Euronews
Trump unveils multi billion dollar plan to fund AI infrastructure Euronews
US tech giants announce AI plan worth up to $500bn - BBC.com
US tech giants announce AI plan worth up to $500bn BBC.com
Microsoft Relaxes Grip on OpenAI as $500 Billion AI Joint Venture Emerges
Microsoft has adjusted its deal with OpenAI, the creator of ChatGPT, to accommodate a new $500 billion AI data center joint venture announced by OpenAI with Oracle and SoftBank Group, according to Reuters.The deal, dubbed "Stargate" and announced by President Donald Trump at the White House, aims
ByteDance Launches AI Code Editor as TikTok Ban Delays Continue
ByteDance, the Chinese technology giant behind TikTok, has released an AI-powered code editor in what appears to be a strategic move following the recent delay of the US TikTok ban, the South China Morning Post reports. The new tool, named Trae, is specifically targeting overseas markets and utilizes advanced AI
SoftBank and OpenAI back sweeping AI infrastructure project in US - Financial Times
SoftBank and OpenAI back sweeping AI infrastructure project in US Financial Times
Trump announces private-sector $500 billion investment in AI infrastructure - Reuters
Trump announces private-sector $500 billion investment in AI infrastructure Reuters
‘Big Money and High Quality People’: Stargate Joint Venture to Invest in U.S. AI Infrastructure
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.
Huawei Takes Aim at Nvidia's Dominance in China's AI Chip Market
Huawei is making a significant push to expand its market share in China's artificial intelligence chip market, targeting the "inference" segment currently dominated by Nvidia, the Financial Times reports. While Nvidia dominates the "training" segment of AI development, Huawei is positioning its Ascend AI
$100 Billion AI Investment Unveiled by Trump, SoftBank, OpenAI and Oracle
President Donald Trump unveiled a massive $100 billion joint venture aimed at accelerating AI development, partnering with SoftBank Group Corp., OpenAI, and Oracle Corp. The initiative, as reported by Bloomberg, was described as an "immediate" investment that will ultimately reach at least $500 billion, aiming to establish AI
TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports - Reuters
TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports Reuters
Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture - PYMNTS.com
Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture PYMNTS.com
Microsoft loses status as OpenAI's exclusive cloud provider
Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the company with capacity or allow another party to fill the need.
OpenAI has upped its lobbying efforts nearly sevenfold
OpenAI spent $1.76 million on government lobbying in 2024 and $510,000 in the last three months of the year alone, according to a new disclosure filed on Tuesday—a significant jump from 2023, when the company spent just $260,000 on Capitol Hill. The company also disclosed a new in-house lobbyist, Meghan Dorn, who worked for five…
Microsoft is no longer OpenAI’s exclusive cloud provider - TechCrunch
Microsoft is no longer OpenAI’s exclusive cloud provider TechCrunch
Trump Announces Project Stargate, a Massive New Investment in AI - Inc.
Trump Announces Project Stargate, a Massive New Investment in AI Inc.
OpenAI teams up with SoftBank and Oracle on $500B data center project - TechCrunch
OpenAI teams up with SoftBank and Oracle on $500B data center project TechCrunch
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says - Reuters
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says Reuters
OpenAI and Softbank are starting a $500 billion AI data center company - The Verge
OpenAI and Softbank are starting a $500 billion AI data center company The Verge
Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank - Quartz
Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank Quartz
Microsoft secures deal to restore Amazon rainforest and offset AI emissions
Tech giant acquires carbon credits worth around $200mn, as energy usage surges due to generative artificial intelligence ...
AI, drones and sensors: How technology could help battle future fires
Researchers and startup founders are rushing to develop and deploy drones, sensors and satellite imagery analysis that they believe could have reduced the amount of damage from the Los Angeles fires.
Google invests $1 bln in OpenAI rival Anthropic, FT reports
Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic, the Financial Times reported on Wednesday.
Why OpenAI’s Agent Tool May be the First AI Gizmo to Improve Your Workplace - Inc.
Why OpenAI’s Agent Tool May be the First AI Gizmo to Improve Your Workplace Inc.