Welcome back! Salesforce’s annual customer conference Dreamforce is under way, so check back in the coming days for our coverage of the event and what it means for artificial intelligence in enterprises.Now on to today’s column…Last week, our report on the razor-thin gross profit margins Oracle generates from renting out Nvidia chips to AI developers raised questions about how the rest of the cloud industry is faring.The most profitable cloud... Read more ›
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Oracle said Tuesday it will be the first cloud provider to offer a large cluster of Advanced Micro Devices’ next-generation artificial intelligence server chips next fall. The deal involves 50,000 of the AMD chips, MI450 graphics processing units, the companies said. It isn’t clear how much data ... Read more ›
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If you’ve ever uploaded a picture of a receipt to an expense report or read a PDF of a book online, you’ve likely used optical character recognition, a decades-old technique that converts images of typed, handwritten or printed text into text that’s editable on a computer.OCR might not sound like the sexiest market. But it’s interesting enough for Andreessen Horowitz, one of the most prolific backers of young AI startups... Read more ›
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Walmart said Tuesday that it would soon start selling products through ChatGPT’s Instant Checkout feature, marking the first major retailer to strike an e-commerce partnership with the AI firm. Shoppers will be able to buy most Walmart and Sam’s Club products directly in ChatGPT conversations, ... Read more ›
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Demand for Nvidia’s artificial intelligence chips has spawned half a dozen multibillion-dollar cloud providers that buy the chips, install them in data centers and rent them out to OpenAI and other AI developers. Another upstart, Together AI, is now joining the race among these neoclouds, which compete against traditional cloud providers such as Amazon and Google. San Francisco–based Together, which has been leasing Nvidia chip servers from cloud providers and... Read more ›
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Coatue Management and Accel have been in talks to make major investments in Anysphere, which makes popular coding assistant Cursor, according to two people with direct knowledge of the discussions. Anysphere is planning to raise at least $1 billion in new capital at a $27 billion valuation ... Read more ›
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The hardest-working people in tech right now must be the OpenAI team responsible for writing press releases. On Monday—Columbus Day or, if you prefer, Indigenous People’s Day—when much of American business and government was closed, OpenAI put out its sixth big news announcement of the past three weeks. The company unveiled another chip-supply deal, this time with Broadcom, which is working with OpenAI to develop a custom-made artificial intelligence chip... Read more ›
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Goldman Sachs said Monday it had agreed to buy Industry Ventures, an investor in private startups and venture funds, in a transaction worth up to $965 million. The investment bank said it planned to make an upfront payment of $665 million with an additional $300 million payable over the next ... Read more ›
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More than half of a key Amazon Web Services cloud service for accessing artificial intelligence is running on the company’s custom-designed AI chips, said Julia White, AWS’s chief marketing officer, in an interview on The Information’s TITV. Amazon executives haven’t previously shared such ... Read more ›
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OpenAI’s development of its own artificial intelligence chip will benefit SoftBank, one of its biggest shareholders, which is also helping the ChatGPT maker develop and finance its ambitious data center plan. OpenAI is working with SoftBank’s Arm subsidiary to develop a central processing unit chip that is designed to work with OpenAI’s AI server chip, according to three people close to Arm. OpenAI is co-designing its AI chip with Broadcom,... Read more ›
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The flash crash that rumbled across the crypto market on Friday can be traced to an unusual token that aims to track the dollar, a fast-growing exchange that allows investors to borrow heavily and speculative tokens that traders buy using debt. That combustible mix of borrowed money was ignited Friday by President Donald Trump’s announcement of new tariffs on China. Stocks sold off modestly but crypto crashed, at least for... Read more ›
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Apple is slightly tweaking the name of its streaming media service by shedding the plus-symbol at the end of its previous name, Apple TV+. The company tucked the news away at the end of a press release announcing that its blockbuster sports movie “F1 The Movie” would arrive on the streaming ... Read more ›
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JPMorgan Chase will invest $10 billion in mostly US-based tech companies working in areas aligned with strategic government interests. The investments are part of a broader pledge by the bank to facilitate $1.5 trillion of transactions in areas including domestic manufacturing and artificial ... Read more ›
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Data startup Fivetran will merge with data management company dbt Labs in an all-stock deal, the companies announced Monday, confirming an earlier report by The Information. Fivetran CEO George Fraser will lead the combined company and dbt Labs CEO Tristan Handy will become president and ... Read more ›
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Before we get to our column, we should acknowledge OpenAI’s latest chip deal, this time with Broadcom, announced Monday morning. The Information first reported the two companies were in talks in July of last year but a lot has happened since then. Most obviously, OpenAI has also struck deals for supplies of AI chips with both Nvidia and AMD. We’ll write about the implications on this in the days and... Read more ›
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OpenAI is to design its own AI chips in collaboration with Broadcom, the two companies announced on Monday morning, the latest in a succession of announcements by OpenAI to assure itself of more computing capacity. The agreement with Broadcom follows deals announced in the past two weeks with ... Read more ›
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The murky, highly complex business of helping advertisers buy space on digital media is currently dominated by Google, Amazon and a handful of much smaller ad tech firms. But an array of other companies, including Salesforce, Microsoft and a new initiative led by AppNexus founder Brian O’Kelley, hopes to use new artificial intelligence tools to grab a piece of the market. All these challengers are pitching advertisers or publishers or... Read more ›
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In response to President Donald Trump’s threat to impose an additional 100% tariff on Chinese imports, China’s commerce ministry said that the country will retaliate if the U.S. goes ahead with such a move. “China’s position on the tariff war is consistent. We don’t want to fight, but we are not ... Read more ›
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A co-founder of Mira Murati’s Thinking Machines Labs is headed to Meta Platforms, the latest high-profile hire by Meta amid a heated frenzy for AI talent. The Thinking Machines co-founder, Andrew Tulloch, had previously worked at Meta for 13 years before departing in 2023 for OpenAI, where ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: E-commerce startups are back from the dead• The Arena: Sports braces for the new referee: AI• Artificial Intelligence: Meet the Cursor Resistance—the techies who hate AI coding tools• Plus, our Recommendations: “Our Common Nature,” “Empire of AI” and “Black Rabbit”A number of existential questions confront our present—ones such as “Can peace finally take hold in the Middle East?” and “Is Stephen Miller... Read more ›
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09.05.2026 20:03
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