Nvidia and Thinking Machines Lab, the model developer co-founded by former OpenAI Chief Technology Officer Mira Murati, announced a strategic partnership on Tuesday to deploy at least one gigawatt of servers powered by Nvidia’s forthcoming Vera Rubin chips, according to a blog post. The ... Read more ›
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OpenAI and Anthropic have raised tens of billions of dollars on the promise of artificial intelligence that can make new discoveries in fields like medicine, biology and physics. And yet, we’re nowhere close to that. (You might recall this awkward moment from last fall when a ChatGPT-generated math “discovery” was debunked.) The reason, according to Markus Buehler, a Massachusetts Institute of Technology engineering professor, is simple: large language models underpinning... Read more ›
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Amazon began a corporate bond sale aimed at raising as much as $42 billion, Bloomberg reported, the latest sign of how tech giants are borrowing money to fund their AI expansion. Amazon had filed paperwork a few weeks ago allowing it to quickly sell bonds. The new bond offering follows one last ... Read more ›
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Meta Platforms’ oversight board criticized the company’s handling of AI-generated content, saying it was “neither robust nor comprehensive enough”. The independent body, which reviews Meta’s content decisions, made its comments after an investigation into an AI-generated video that circulated on ... Read more ›
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Tencent Holdings is secretly building a new AI agent for its hugely popular WeChat messaging app, in hopes of leapfrogging rivals like Alibaba Group and ByteDance in the race to dominate China’s domestic AI market, according to four people familiar with the project. The project could dramatically widen how AI agents, which take actions on behalf of people, are used in China, where WeChat is ubiquitous in people’s daily lives.... Read more ›
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Scout Ventures, an Austin-based VC firm focused on startups developing technology to support national security, closed a $125 million fund, its fifth, the company said Tuesday. The firm’s fourth fund was a little under $100 million. The fund will write $3 million to $6 million checks into ... Read more ›
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Former Meta Platforms chief AI scientist Yann LeCun has raised more than $1 billion for his new AI startup, Advanced Machine Intelligence Labs, from investors that included Nvidia, Greycroft, former Google CEO Eric Schmidt and Jeff Bezos. LeCun said it was valued at more than $4.5 billion. The ... Read more ›
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Nvidia is planning to launch a platform for AI agents aimed at enterprise customers called NemoClaw, Wired reported Monday. The platform will be open-source, it said, meaning the software code of these AI agents will be publicly available and modifiable. Nvidia already has reached out to ... Read more ›
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Anthropic said that the Defense Department’s designation of the company as a supply chain risk could jeopardize billions of dollars of revenue this year, and it cited business contracts it’s already lost because of the agency’s moves. In filings made with its suit against the government, ... Read more ›
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Spark Capital, the first venture firm to back Anthropic, is in the process of raising about $3 billion in new funds, 50% more than the size of funds it raised two years ago, The Information reported late Monday. In early 2023, the firm led a $450 million investment in Anthropic at around a $4 ... Read more ›
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Spark Capital, the first venture firm to back Anthropic, is in the process of raising about $3 billion in new funds, 50% more than the size of funds it raised two years ago, according to a person with direct knowledge of the fundraise. The fundraising target will test investor demand in a venture firm that made early bets on one of the initial winners of the AI boom. It comes... Read more ›
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It’s a good thing SpaceX is thinking of June for its upcoming IPO. There has to be a decent chance the current Iran war has ended by then, restoring some stability to the market. Then again, these hostilities could easily spread. Not only is the IPO market not necessarily safe, but there’s a cloud of uncertainty now hanging over the economy and business generally.It certainly felt that way on Monday... Read more ›
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Archer Aviation escalated a tit-for-tat legal war at the top of the nascent flying electric taxi business, suing rival Joby Aviation for allegedly defrauding regulators and investors by concealing a heavy reliance on Chinese technology. In a federal civil suit in California, Archer claimed that ... Read more ›
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Nasdaq is partnering up with crypto exchange Kraken to distribute tokens representing U.S. equities to crypto users globally, a service planned for the first half of next year, pending regulatory approval. The move will “enhance global accessibility to U.S. equity markets,” said Tal Cohen, ... Read more ›
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Nearly 40 employees at OpenAI and Google, including Google DeepMind chief scientist Jeff Dean, have signed on to an amicus brief they submitted in court Monday in defense of Anthropic in its lawsuit against the Department of Defense for branding the company a “supply chain risk.” The employees ... Read more ›
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A senior Tesla finance executive, vice president of finance Sendil Palani, is leaving the company. He announced his departure in a X post on Monday. Palani started at Tesla in 2009 and worked on finance for vehicle manufacturing and autopilot software development, among other areas, according to ... Read more ›
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Meta Platforms temporarily closed its 900-person Tel Aviv office over the weekend following missile attacks on Israel from Iran. Meta also offered staff without bomb shelters up to five nights in a hotel. “We understand that not everyone has access to a shelter or safe room at home during these ... Read more ›
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Finance and data center executives have been buzzing about a Friday Bloomberg report that Oracle and OpenAI won’t expand a data center for the ChatGPT maker in Abilene, Texas, where the companies launched their first Stargate-branded facilities. As I have since learned, OpenAI several weeks ago declined to expand its data center usage there. Oracle still planned to move forward with an expansion of the site for a different AI... Read more ›
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Anthropic sued the U.S. Defense Department, challenging the department’s designation of the AI firm as a supply chain risk by focusing on the company’s free speech rights. The suit said the federal government had “retaliated” against Anthropic for expressing the principle that “the. most ... Read more ›
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Microsoft will start selling a new subscription bundle for businesses that combines its Office 365 software with its Copilot AI chatbot for the first time starting in May, the company said Monday. The launch reflects Microsoft’s effort to use AI products to wring more revenue out of its existing ... Read more ›
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28.04.2026 21:03
Last update: 20:50 EDT.
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