OpenAIâs applications chief Fidji Simo warned the startupâs staff that they shouldnât be distracted by âside questsâ 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 âș
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If youâve got a ticket on the AI gravy train, times are good. That could be because youâre a supplier to Nvidiaâand therefore enjoying booming business, as Nvidia CEO Jensen Huang pointed out in his speech on Monday at the companyâs GTC convention. Or it could be because youâre a small data center operator picking up business from a big tech giant looking for extra computing capacity. Take Nebius, a... Read more âș
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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 âș
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Intuitâs 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 âsubstantially accelerateâ its remaining $3.5 billion worth of planned stock buybacks, having repurchased $1.8 ... Read more âș
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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 âș
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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 âș
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Nvidia CEO Jensen Huang announced a new AI server system based on technology the company licensed last year from chip startup Groq, designed to make its AI servers more energy- and cost-efficient for tasks such as AI coding. This is the first time Nvidia has integrated another companyâs AI ... Read more âș
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OpenAI is in talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to form a joint venture that would sell OpenAIâs tech to companies funded by the investment firms, according to a person with knowledge of the deal. OpenAI CEO of ... Read more âș
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War focuses attention on the present. That was very clear from a weekâs worth of conversations in Washington with leaders at defense tech startups, traditional military contractors and people close to the Pentagon. Until the U.S. and Israel attacked Iran, buzz was building around startups such as Anduril and Saronic that promised to deliver AI-infused autonomous weapons quickly and economically. The U.S., meanwhile, has relied more in the current conflict... Read more âș
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The frantic rush to power and stand up AI data centers has spurred a range of speed hacksâfrom building AI tent cities, to firing up jet engines, to taking over abandoned industrial sites. Whatâs most surprising is all of the different ways the biggest AI data centers have improvised and scrounged to meet the staggering electricity demands of AI.Here are some of the more resourceful hacks companies are using to... Read more âș
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Yvonne Gonzalez Rogers, the judge hearing Elon Muskâs lawsuit against OpenAI, has shown herself in other high profile tech casesâsuch as Epic Gamesâ lawsuit against Appleâto be unafraid to skewer arguments or testimony from witnesses in her courtroom.That was clear on Friday, in a hearing in the OpenAI case to determine whether an economist Muskâs lawyers have hired can submit his damages report as evidence. The economist, C. Paul Wazzan,... Read more âș
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Meta Platforms struck a deal to spend $27 billion on Nebius Groupâs AI data centers over the next five years, the cloud provider announced Monday. Dutch firm Nebius will supply Meta with $12 billion of dedicated capacity starting early next year, which will include deployment of Nvidiaâs latest ... Read more âș
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OpenAI has appointed new leaders to oversee its Stargate computing initiative after deciding to rent more AI servers from major cloud providers rather than build its own data centers, according to two people familiar with the changes. As part of its reorganization, OpenAI has divided its computing effort into three groups: technical design of the data centers OpenAI uses, commercial partnerships with firms such as cloud providers and chip firms,... Read more âș
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Hua Hong Group, Chinaâs second-largest chip manufacturer, has developed 7-nanometer chip-making technology for AI chips, Reuters reported, citing four people familiar with the matter. Chips made at that level of precision are powerful enough to drive AI applications and support model training. ... Read more âș
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Itâs party time in San Jose, Calif.! Nvidia on Monday kicks off its annual GTC developer conference in the city, the biggest event on the chip giantâs calendarâwhich, given the number of public events featuring its CEO, Jensen Huang, is saying something. Huang is scheduled to deliver his keynote tomorrow morning, and it is sure to be a must-watch for people in the AI sector. One of the biggest things... Read more âș
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Leaders at enterprise app makers such as Figma, Workday and HubSpot have downplayed threats from AI that could crimp their growth, a concern that has pressured their stocks for months. But the securities filings those leaders sign every quarter are beginning to note the competitive risks the companies face from AI agents, which their customers could use to replicate their apps or draw data from them. So far this year,... Read more âș
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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 âș
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ByteDance has put on hold the global launch of its latest video-generation model, Seedance 2.0, due to a string of copyright disputes with major Hollywood studios and streaming platforms, according to two people with direct knowledge of the situation. The TikTok parent released Seedance 2.0 to consumers and businesses in China last month, and some clips generated by the model immediately racked up millions of views on X due to... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Kings League, a fast-growing, internet-savvy soccer startup, takes a lean approach to pro sportsâą Tech Culture: Can protein-obsessed techies help save Sweetgreen? ⹠Plus, Recommendationsâour weekly pop culture picks: âReal Vikings,â âKutchinskyâs Eggâ and âSiratâPatrick Collison, one of the most interesting people in Silicon Valley, made a very exasperated comment this week about the mediaâand why it seems to cover tech and... Read more âș
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For a little salvation, Sweetgreen co-founder and CEO Jonathan Neman has lately been looking beyond the piles of chopped romaine lettuce and maple-glazed squash that originally won his company a devoted following with the suit-and-salad lunch set in Washington, New York and Los Angeles. The high-earning young people who used to frequent Sweetgreen are not eating there as much anymore. So Neman has partly turned his attention to winning over... Read more âș
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06.05.2026 13:13
Last update: 13:06 EDT.
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