Nvidia is working on a version of its Groq AI chips that can be sold in China, according to Reuters, citing two people familiar with the matter, as the company works to regain ground in a market where U.S. export controls have restricted its presence. Nvidia expects these new chips to ship in ... Read more ›
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Amazon CEO Andy Jassy, in an all-hands meeting with employees, said he believes customer demand for AI could propel Amazon Web Services to a $600 billion annualized sales pace within the next decade, up from around $130 billion in total sales in 2025, Reuters reported. While Jassy ... Read more ›
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OpenAI has decided the “everything everywhere all at once” strategy isn’t ideal, after all. As we and others reported on Monday night, senior OpenAI executive Fidji Simo told staffers last week that the company needed to “refocus on business customers and cut down on side quests that were becoming a distraction.” (Is that the understatement of the year?) That refocusing has already begun. A couple of weeks ago, we broke... Read more ›
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It’s no surprise that if you bring hundreds of venture capitalists and limited partners together in 2026, most will have bought into AI—literally. So it was interesting to hear what investors gathered in Santa Monica, Calif., last week for March Capital’s annual The Montgomery Summit thought were the AI boom’s weak links. Take Matt McIlwain, a managing director at Madrona. On a panel, he said that the Seattle-based venture capital... Read more ›
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AI startup You.com, valued at $1.5 billion after a funding round in September, is changing its senior leadership as it focuses on helping businesses adopt AI. Bryan McCann, You.com’s CTO and co-founder, recently left to join Anthropic as a member of technical staff, according to his LinkedIn ... Read more ›
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Nvidia is in the process of restarting manufacturing for the H200 chips that it plans to sell to Chinese customers, Nvidia CEO Jensen Huang said at a press conference Tuesday. Huang said Nvidia had received purchase orders from customers in China, implying that the Chinese government has given ... Read more ›
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Anthropic and OpenAI have leaned heavily into serving businesses with AI agents that automate white collar tasks and software that helps businesses manage these agents. The two AI developers are even competing to sign up private equity firms to create joint ventures that would sell AI to the PE firms’ portfolio companies, my colleagues scooped last week. But Palantir, a 22-year-old software firm, is arguably in a better position to... Read more ›
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Nvidia CEO Jensen Huang said his firm has invested billions of dollars lately in upstart cloud providers that buy and rent out Nvidia chips because traditional cloud providers won’t be able to satisfy rising demand from large AI developers. “The reason why we know they’re going to be home runs ... Read more ›
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Microsoft is overhauling its executive ranks to give CEO Satya Nadella more direct oversight of engineering teams working on its Copilot chatbots, Nadella said in a memo to staff Tuesday. The reorganization will bring together engineering divisions working on the consumer version of Copilot and ... Read more ›
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Mastercard said it agreed to buy BVNK, a stablecoin payment startup, for up to $1.8 billion, including $300 million in contingent payments, in its biggest bet that more companies will use the cryptocurrency to move money globally. With the acquisition, Mastercard is defending against the threat ... Read more ›
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Greetings from the San Jose Convention Center, where Nvidia is throwing its annual AI conference. The AI craze is palpable here. Humanoid robots offer fist-bumps to conferencegoers, and attendees are buying sweaters with Nvidia CEO Jensen Huang’s face on them. Nebius, a cloud provider that rents out Nvidia graphics processing units, took over a bar and served guests server-themed cocktails, such as a GPU Spritz and Ryes of the Machines.... Read more ›
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OpenAI on Friday signed a new contract with Amazon Web Services to sell its AI to U.S. government employees for both classified and unclassified work, according to two people with direct knowledge of the agreement. The contract will allow OpenAI to support the Pentagon through a deal it hastily won late last month after the agency ditched its current AI provider, Anthropic. AWS is already a large cloud provider to... Read more ›
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Alibaba Group has moved all of its major AI businesses under one new division managed directly by the company’s CEO, in a drastic reorganization aimed at facilitating more cooperation among teams that work on AI models, apps and services. The new division, Alibaba Token Hub, comprises Tongyi ... Read more ›
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OpenAI’s applications chief Fidji Simo told staff in a meeting last week that the company needed to refocus on business customers and cut down on side quests that were becoming a distraction, according to a person with knowledge of the comments. Simo made the comments as archrival Anthropic has ... Read more ›
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OpenAI’s applications chief Fidji Simo warned the startup’s staff that they shouldn’t be distracted by “side quests” as the company looks to sharpen its focus on its business customers, The Wall Street Journal reported. Fidji, in an employee meeting last week, said CEO Sam Altman and Mark Chen, ... Read more ›
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If you’ve got a ticket on the AI gravy train, times are good. That could be because you’re a supplier to Nvidia—and therefore enjoying booming business, as Nvidia CEO Jensen Huang pointed out in his speech on Monday at the company’s GTC convention. Or it could be because you’re a small data center operator picking up business from a big tech giant looking for extra computing capacity. Take Nebius, a... Read more ›
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Nvidia CEO Jensen Huang said Monday the company will offer new software tools that allow customers to build their own open-source AI agents for business use. Launch of the software, NemoClaw, follows the popularity of OpenClaw, open-source software to create personal agents that can write ... Read more ›
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Intuit’s founder and executive leadership team have canceled plans for future stock sales, the company said in a regulatory filing on Monday. At the same time, Intuit said it planned to “substantially accelerate” its remaining $3.5 billion worth of planned stock buybacks, having repurchased $1.8 ... Read more ›
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Nscale has agreed to buy the developer of one of the largest U.S. AI data center sites, confirming a report in The Information last week. Nscale is acquiring American Intelligence & Power Corporation, a firm set up earlier this year to help develop a more than 2,000-acre site in Mason ... Read more ›
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Nvidia CEO Jensen Huang said the company now expects $1 trillion in revenue from its Blackwell and Rubin AI chips between 2025 and 2027, a huge amount for a company that in the year through January reported $216 billion in revenue. In making the projection, Huang was updating a projection from ... Read more ›
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28.04.2026 15:56
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