CoreWeave has hired Jon Jones, the former head of Amazon Web Services’ global startups and venture capital business, as its first chief revenue officer, the company confirmed Thursday. The Information first reported Jones’ departure from AWS last month. He had been in the role for just one year ... Read more ›
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Ron Conway, the venture capitalist and major Democratic party donor, has left the board of the Salesforce Foundation and criticized Salesforce CEO Marc Benioff’s recent cheerleading of President Donald Trump. A week ago, Benioff told The New York Times that he supports Trump sending troops into ... Read more ›
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Welcome back!Salesforce is shifting its artificial intelligence strategy to boost flagging growth as even CEO Marc Benioff this week acknowledged a gap between the technology’s capabilities and corporate customers’ willingness to buy it, Erin and I reported Wednesday. At its annual Dreamforce event for customers in San Francisco, we were surprised to see Salesforce announce it would allow ChatGPT customers to control Salesforce apps and AI directly from the chatbot.... Read more ›
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Elon Musk’s xAI is aiming to build and control the world’s most powerful data center and a massive natural gas plant to power it. The scale of the project and xAI’s precarious finances are forcing the company into unusual financial arrangements that rely on outsiders to raise funding and shoulder much of the risk. XAI wants to have as much control as possible over Colossus 2, its second supersize data... Read more ›
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Human resources and payroll startup Deel has raised $300 million at a $17.3 billion valuation, bringing in a new investor that led the fundraising round, Ribbit Capital. The startup, which is battling a high-profile lawsuit from arch-rival Rippling over allegations Deel’s top brass recruited and ... Read more ›
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Microsoft is adding new AI features to its forthcoming Windows 11 operating system that will let users speak to their computer to automate tasks like locating and editing files, organizing tabs, or managing calendar events, the company announced on Thursday. The new push comes as Microsoft aims ... Read more ›
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OpenAI CEO Sam Altman said on a podcast last week that he wanted ChatGPT to become “people’s personal AI subscription.” The company last week made moves toward that goal with “apps in ChatGPT,” which lets people use the chatbot to search for homes on Zillow or make Spotify playlists, for instance.In another example, OpenAI has pitched companies on allowing visitors to sign into their websites using their ChatGPT credentials, just... Read more ›
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DoorDash unveiled a partnership with Alphabet’s Waymo, under which the restaurant-delivery firm will use Waymo autonomous vehicles for deliveries, starting with the Phoenix area. The arrangement is the latest step by Waymo to expand its business, following a partnership it has with Uber to ... Read more ›
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Over the past three years, as OpenAI swelled from a tiny research lab into the world’s most valuable startup, one company has captured nearly all of its billions of dollars in annual spending on the servers needed to power OpenAI’s artificial intelligence: Microsoft. In recent months, though, OpenAI announced megadeals with several Microsoft rivals that show just how much the ChatGPT creator has outgrown the amount of computing capacity its... Read more ›
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Taiwan Semiconductor Manufacturing Co. said it is preparing for a faster upgrade of its Arizona plant’s technology to the advanced 2-nanometer process, and the chip maker is close to securing a second large plot of land near the current site in order to expand the U.S. plant’s capacity. “We ... Read more ›
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Microsoft aims to produce the majority of its new products including laptops and servers outside China as early as next year, Nikkei Asia reported. The move is part of the U.S. tech giant’s ongoing effort to reduce its dependence on China’s domestic supply chain amid geopolitical tensions ... Read more ›
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Walmart’s announcement this week that it would become the first major retailer to start selling products through ChatGPT’s Instant Checkout shows that big retailers are being forced to take new forms of artificial intelligence–related online shopping seriously. It’s not shocking that Walmart, as a megaretailer that wants to sell more stuff online, would partner with OpenAI. Letting people buy stuff from Walmart within ChatGPT may mean fewer of them visit... Read more ›
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In recent weeks, Anthropic has told investment bankers it seeks to do more acquisitions, The Information reported Wednesday. The Claude developer is interested in potential M&A opportunities that could enhance its artificial intelligence models and products as well as the technology ... Read more ›
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Anthropic has projected generating between $20 billion to $26 billion in annualized revenue by the end of 2026, according to Reuters. The company also plans to hit $9 billion in annualized revenue by the end of this year, according to Reuters. Anthropic is nearing $7 billion in annualized ... Read more ›
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Poolside, a two-year-old startup that had been developing artificial intelligence coding assistants, is in talks to raise money from Magnetar, a hedge fund that is a major backer of CoreWeave, for the first time, according to a person with direct knowledge of the fundraising discussions. ... Read more ›
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At Salesforce’s annual Dreamforce event for customers last year, CEO Marc Benioff told roughly 45,000 attendees that using artificial intelligence to automate everything from customer service to sales functions was an easy and quick process. At this year’s event, now underway in San Francisco, Benioff toned down the rhetoric. He said Tuesday at the event that it “takes time” for companies to make good use of available AI, whose capabilities... Read more ›
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For every enterprise artificial intelligence success story, there are several cautionary tales—pilots that falter due to poor adoption, privacy headaches or bad-fit use cases. Recent studies point to a majority of AI pilots failing. While some dispute the figure, what’s clear is that many projects never make it past the pilot stage, making experimentation a costly gamble for chief information officers and chief financial officers under pressure to show return... Read more ›
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Analysts worried about an artificial intelligence bubble often point to the staggering costs of computing power needed to power the latest models. Even the most powerful graphics processing units—like Nvidia’s 300GB Blackwell Ultra—can’t keep up with inference demands for models like Meta Llama, which can process nearly 500GB for every instance of use. While training consumes vast amounts of compute, inference—the work of actually serving users—runs up against memory limitations.... Read more ›
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Meta Platforms and semiconductor company Arm on Wednesday announced a partnership where Meta will use Arm’s data center platforms to power the ranking and recommendation systems for its social media apps, according to a blog post. The announcement comes after Meta CEO Mark Zuckerberg last month ... Read more ›
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A group of investors including BlackRock and Abu Dhabi’s MGX acquired Aligned Data Centers in a roughly $40 billion deal, the latest big investment in companies building data centers for the tech giants. The acquisition, which is expected to be finalized by the first half of next year, would be ... Read more ›
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23.10.2025 20:53
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