U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more ›
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The overarching narrative of the past two years has been that AI models are getting cheaper for customers. Just take a look at this chart, showing how the cost of purchasing access to a GPT-4 level AI model from OpenAI has dropped more than 85% since it was released in early 2023. And that’s without getting into the rise of cheap, open-source AI like DeepSeek which offers more low-cost alternatives... Read more ›
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Until recently, it seemed video streaming had a channel for every taste. Fans of the 1970s Western drama “Little House on the Prairie,” for instance, could spend time on the channel by the same name watching old episodes. The same is true for the 1980s crime drama “Murder She Wrote” and the 1950s Western “Gunsmoke”—each of these shows have free streaming channels dedicated to them. Things are changing. After a... Read more ›
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OpenAI’s Chief Research Officer Mark Chen sent a memo to staff on the weekend promising that the company was aggressively responding to poaching efforts by Meta Platforms, according to a report in Wired magazine. The memo came as The Information reported Saturday that Meta had hired four more ... Read more ›
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President Trump said “we have a buyer for TikTok” which he’ll identify in about two weeks, adding it was a “group of very wealthy people.” Trump made the comments in an interview with Fox News that aired on Sunday. He acknowledged that he needed the approval of the Chinese goernment but said he ... Read more ›
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Elon Musk called the latest Senate version of President Trump’s Big Beautiful Bill “utterly insane and destructive” that “will destroy millions of jobs in America and cause immense strategic harm to our country!.” In posts on X, Musk renewed an attack on the bill, which cuts off tax credits to ... Read more ›
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As OpenAI pitches its artificial intelligence to big companies and government agencies, it’s taking a page from the playbook of many software firms by offering in-house researchers and software engineers to customize AI for customers. OpenAI is adding staff and resources for a consulting-like service, in which its engineers guide customers through a process known as fine-tuning. To get the consulting help, OpenAI is typically requiring customers to spend at... Read more ›
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Meta Platforms is hiring four more OpenAI artificial intelligence researchers as Meta CEO Mark Zuckerberg continues an unprecedented recruiting effort to catch up to his AI rivals. The researchers, Shengjia Zhao, Jiahui Yu, Shuchao Bi and Hongyu Ren, have each agreed to join, according to a person familiar with their hiring. They follow four other OpenAI researchers whose hirings were reported a few days ago. Their hirings were made after... Read more ›
15
Hewlett Packard Enterprise has settled a Justice Department lawsuit aimed at blocking its $14 billion purchase of Juniper Networks, the companies announced, clearing the way for the deal to close. The government sued to block the deal in January, arguing that it would create a duopoly, with ... Read more ›
1
Tesla announced that one of its vehicles had driven itself to its new owner’s home, in a big step forward for Elon Musk’s ambitions to dominate the self-driving car sector. A video posted on X by Tesla shows the car driving itself from Tesla’s Texas Gigafactory to its new owner’s home, about ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The deals, free agents and egos fueling the AI talent grab • The Top 5: The most rigorous summer camps• Plus, our Recommendations: A Pablo Escobar tell-all; Netflix’s latest sleuths; and the amazing Gila monsterMamma Mia! Nintendo’s Switch 2, the latest console from the venerable videogame company, is a bona fide hit. Currently, the device is nigh ungettable: Best Buy, Target, GameStop... Read more ›
0
Summer is here, and so is the crushing pressure of what camps or programs to sign your kid up for in order to impress on college applications. Looking to help your little one become the next Bezos? There’s a camp for that. As it turns out: Play your cards right, and this time of year can be just as fruitful a period for college applications fodder as the school year... Read more ›
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Can I have a show of hands of those who plan this weekend to see the new Apple-made Brad Pitt movie, “F1,” which opened today in theaters? It is the kind of film—full of shots of cars racing at high speed—that surely looks better on the big screen. That’s definitely the view of Eddy Cue, the Apple executive with responsibility for the company’s entertainment operations: He told Bloomberg in an... Read more ›
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Meta Platforms is in advanced talks to raise $29 billion from private equity firms as it invests further in building data centers for artificial intelligence, the Financial Times reported. Apollo Global Management, KKR, Brookfield, Carlyle and Pimco are involved in the discussions. Meta hopes to ... Read more ›
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OpenAI, one of the world’s biggest customers of Nvidia artificial intelligence chips, recently began renting Google’s AI chips to power ChatGPT and other products, the first time it has used non-Nvidia chips in a meaningful way, according to a person who is involved in the arrangement. The move reflects OpenAI’s broader shift away from relying on Microsoft data centers and could boost Google’s tensor processing units as a cheaper alternative... Read more ›
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Every investor knows what’s wrong with private markets right now. Venture capital and private equity funds have delivered weak returns, few exits and little cash for investors, resulting in a brutal fundraising climate for funds and therefore companies. The bigger picture reveals a much worse problem: There is roughly $13 trillion trapped in private markets, and that could be killing the startup ecosystem. Read more ›
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Nvidia this month acquired CentML, a startup developing software to make artificial intelligence run more efficiently on specialized server chips, according to The Logic. The startup’s chief executive officer, co-founders and other employees now work at Nvidia, according to their LinkedIn ... Read more ›
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Say you’re at the top of your field. Say you’ve been promoted to be a senior researcher at OpenAI, watching the paper value of your equity swell as your company’s valuation goes from less than $20 billion to $260 billion in just four years. Say Mark Zuckerberg—yes, Zuck, personally—comes texting and calling, offering you tens of millions of dollars to help salvage his struggling AI lab. What do you do?... Read more ›
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Microsoft has spent years designing its own artificial intelligence chips, in part to reduce its dependence on Nvidia. It isn’t going so well. The software giant, which Nvidia employees say was its largest customer by revenue last year, is taking much longer than expected to design its latest-generation AI chips, raising the possibility that the new chips will be even less competitive with Nvidia’s by the time they go into... Read more ›
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Redwood Materials, a battery recycling startup run by Tesla co-founder JB Straubel, is entering the data center market as demand rises for electricity for artificial intelligence. The company said Thursday it has launched a new business to repurpose used electric-vehicle batteries so they can ... Read more ›
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Welcome back, Travis Kalanick! We’ve missed you as a generator of news. The New York Times scooped the juicy news today that Kalanick is in talks to get Uber’s backing for a buyout of Chinese autonomous vehicle developer Pony.ai’s U.S. assets. Assuming the deal gets done, it may not involve big dollars—Pony’s market capitalization of $5.2 billion mostly reflects its Chinese robotaxi and autonomous trucking business—but the strategic implications are... Read more ›
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20.03.2026 05:12
Last update: 05:06 EDT.
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