Nvidia agreed to purchase $6.3 billion of cloud computing capacity from CoreWeave, the latest example of the chip company striking a deal to rent its own chips from a third-party cloud business. Under the agreement, Nvidia will purchase cloud capacity that CoreWeave isnât able to sell to other ... Read more âș
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On paper, Informatica, a Redwood City-based cloud software firm with 5,000 white collar employees, is exactly the type of company that should be gung-ho to pay up and buy Office 365 Copilot, the version of Microsoftâs flagship software that comes with artificial intelligence features. And more than a year ago, Informatica did test out Office 365 Copilot for a handful of its employees, according to CIO Graeme Thompson. But Thompson... Read more âș
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These days, artificial intelligence developers, investors and founders are all obsessed with âreinforcement learning,â a method for improving AI by rewarding it for accomplishing certain goals and penalizing it for other behaviors.Investors tell me that theyâre getting pitched on dozens of RL-related startups per week, ranging from those building simulations of real apps for models to learn how to use to those aiming to help businesses specialize models on their... Read more âș
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Elon Musk has purchased 2.57 million Tesla shares valued at about $1 billion, the electric automaker said in a regulatory filing on Monday. Muskâs buying, which is his first significant purchase of Tesla shares since February 2020, brings his total stake in Tesla to about 413 million shares. The ... Read more âș
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The U.S. and China have reached a deal on TikTok, allowing it to continue operating in the U.S., President Donald Trump hinted in a Truth Social post on Monday morning, as trade talks between the two countries progress. Trump said the meeting âwill be concluding shortly. A deal was also reached ... Read more âș
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Salesforce CEO Marc Benioff was upset. Last fall, one of his technical teams told large Salesforce customers that using Agentforce, the software firmâs new artificial intelligence for automating customer service and other functions, would require extensive planning. The product information the Salesforce team shared with those customers acknowledged the complexity of making the AI perform well. That message contradicted Benioff, a charismatic salesman who had been telling customers that using... Read more âș
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U.S. Treasury Secretary Scott Bessent said Monday that the U.S. and China are âvery closeâ to reaching an agreement on a deal for TikTok, according to Bloomberg and other media outlets. Bessent made the comment in Madrid, Spain, where he is leading the U.S. delegationâs trade negotiations with a ... Read more âș
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Chinese regulators announced Monday that Nvidia violated anti-monopoly law in its $7 billion acquisition of Israelâs Mellanox Technologies. Beijingâs attack on Nvidia comes at a time when senior officials from the U.S. and China are entering the second day of trade negotiations in Spain. The ... Read more âș
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OpenAI expects to further reduce the revenue it shares with partners, namely Microsoft, over the next half decade, even as it forecasts revenue will climb toward $200 billion. The ChatGPT maker projects sharing about 8% of its revenue with its partners in 2030, down from just under 20% this ... Read more âș
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Perplexity has drawn plenty of its headlines for its relentless fundraisingâwhich recently valued the artificial intelligence search firm at $20 billionâand its penchant for declaring big-ticket acquisition targets like TikTok. But its efforts to build businesses in online shopping and advertising, which would put Perplexityâs revenue growth on more sustainable footing, have moved much more slowly. Nearly a year after the company began selling ad space and letting users buy... Read more âș
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Penske Media Corp., owner of a wide range of entertainment publications include Rolling Stone, Variety and Billboard, sued Google on Friday, alleging its introduction of AI overviews to search results had reduced traffic to Penskeâs websites and its revenue. Penske alleged that Googleâs AI ... Read more âș
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Elon Muskâs xAI has laid off about 500 workers on its data annotation team, representing about a third of the group, Business Insider reported Friday. The employees, which xAI calls âAI tutors,â had been performing tasks similar to those done by companies like Scale AI and Surge AI, such as ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Anthropicâs different approach to Trump ⹠The Arena: Steve Ballmer may be too rich for the NBAâą Artificial Intelligence: AI boom complicates how schools recruit, retain doctoral students ⹠Plus, our Recommendations: âFiasco: Benghazi,â âMake Me Commissionerâ and âAnd So It GoesâElizabeth Holmes, the Theranos founder convicted of defrauding investors in 2022, seems intent on winning back the hearts and minds of... Read more âș
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On the eve of U.S.-China trade talks, tensions increased on Friday after the U.S. added a number of Chinese chip firms to the list of companies deemed a threat to national security and which are restricted from buying U.S. technology. That prompted China to retaliate, by announcing a ... Read more âș
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Earlier this week, a handful of the richest people in the world convened at a five-star hotel in midtown Manhattan to discuss typical titans-of-industry fodder: overseas expansion, the future of media, yadda yadda. But there was an elephant in the room: Did a billionaire in their ranks secretly siphon millions of dollars to an NBA star through a now-bankrupt tree-planting startup? The billionaire on the minds of NBA team owners... Read more âș
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Even though applications arenât due until December, an avalanche of emails have already hit Naomi Saphra, a soon-to-be assistant professor of computer science at Boston University whoâs currently finishing up research across town at Harvard University. The messages are from people eager to join Saphra as BU doctoral students and contribute to her work on natural language processing, part of the bedrock of the AI revolution. Her decision is more... Read more âș
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As OpenAI irons out new terms of a partnership with Microsoft, it has told some shareholders that the percentage of revenue it will hand over to Microsoft will drop considerably in the coming years. As part of their original partnership agreement, Microsoft is entitled to 20% of the startupâs revenue through 2030. But OpenAI has projected to share roughly 8% of its revenue with commercial partnersânamely, Microsoftâby the end of... Read more âș
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As we wrap up what has been a busy week in artificial intelligence-cloud landâone dominated by Oracleâwe want to circle back to the striking announcement on Thursday night from Microsoft and OpenAI. Anytime two companies, worth at least $4.5 trillion combined, issue a three-sentence press release with no concrete information about a highly important subject, it makes you think.Their 49-word joint statement said they had a ânon-binding memorandum of understanding... Read more âș
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Amazon Web Services vice president Jon Jones, who led its global startups and venture capital business, has left the company, a spokesperson confirmed on Friday. Jones, a seven-year AWS veteran, had been in the role for just one year after his predecessor, Howard Wright, left for a job at ... Read more âș
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Appleâs former Siri head Robby Walker is leaving the company, Bloomberg reported. Walker had been in charge of the voice assistant since 2022. But earlier this year, he was taken off the project following a delay in a revamped version of Siri. During his tenure as the Siri head, Walker became a ... Read more âș
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19.12.2025 18:51
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