The New York Times first reported on the investigation. As startups like OpenAI and Anthropic — the companies behind the ChatGPT and Claude chatbots — gain steam in the generative AI market, tech giants like Google, Microsoft, Amazon and Meta have been part of an AI arms race of sorts, racing to integrate the technology …
“Earlier today we announced a restructuring of the Microsoft’s Mixed Reality organization,” the spokesperson said in an email. “We remain fully committed to the Department of Defense’s IVAS program and will continue to deliver cutting edge technology to support our soldiers. In addition, we will continue to invest in W365 to reach the broader Mixed …
The spat began days earlier, on May 27, after Musk took to X to encourage people to apply for roles at his AI startup, xAI. The company, which last week announced it had raised $6 billion, is in a battle for AI engineers with high-profile startups, such as OpenAI and Anthropic, as well as top …
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters But emails written by Nvidia senior staff and widely shared inside the company suggest that Musk presented …
Fund managers’ love for artificial intelligence-related stocks has grown as many of these tech companies have become their essential holdings in the portfolio, according to Bank of America’s analysis. The Wall Street firm looked at the holdings of U.S. large-cap equity mutual funds that are actively managed. It screened the S & P 500 for …
If Nvidia’s chips can provide a strong and sustainable return on investment, that suggests the AI boom may have room to run as it moves past the early stages of development, and as companies plan for longer-term projects. Nvidia’s most important clients for its graphics processing units are the big cloud providers — Amazon Web …
“Strengthening our sales and marketing function remains a top priority for the business,” CEO Ryan Kolln wrote in the memo that was shared with CNBC. “There is no change to our strategy to grow revenue from existing and new customers.” The departures follow Alphabet’s announcement in January that it was cutting all contractual ties with Appen, …
Scale AI has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation. Amazon and Meta are among new investors. Its latest funding round was led by Accel, and includes Nvidia, Cisco, Intel, ServiceNow, and AMD, among others. Scale AI …
It’s all about to happen. But until it happens, then no money should be made waiting for it. We have to see its success to invest in it. Otherwise, the heck with it. There. That had been the bear case against artificial intelligence, generative AI, accelerated computing and large language models (LLMs), all the essential …
“All-in, we are hearing about more AI server momentum at Dell than at any other OEM,” Woodring wrote, saying that he expected about $10 billion of AI server revenue in the company’s fiscal 2025 — ending next February. Wednesday’s move was the largest since March 1, when the stock surged after earnings showed the computer …