The head of Microsoft’s Bing search engine and ad business is reportedly leaving that role. Mikhail Parakhin’s departure — the subject of a Monday (March 25) Bloomberg News report — comes a week after the tech giant appointed DeepMind co-founder Mustafa Suleyman to head up Microsoft’s consumer artificial intelligence (AI) efforts, with Parakhin reporting to …
Investors are reportedly lining up to purchase FTX’s stake in artificial intelligence (AI) company Anthropic. But as CNBC reported Friday (March 22), sources say that while the company has received interest from sovereign wealth funds, it ruled out taking money from Saudi Arabia due to national security concerns. The shares in Anthropic are being sold as part of FTX’s …
Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space. In an interview with the Financial Times Monday (March 11), CEO Steve Hasker said the company has “tremendous financial firepower” to expand in the realm of AI-driven professional services and information as it prepares to sell the remainder of its holding in the London Stock …