Tag: Artificial Intelligence

Wall Street has turned bullish on Meta Platforms, betting that its new AI agent Muse could open a new revenue stream for the social media giant and reshape the company’s ​AI monetization prospects.

Alibaba Group said on Tuesday it was developing an AI model up to ​four times larger than the company’s flagship model and unveiled a next-generation AI chip it called China’s ‌most powerful, sending shares up 5%.

Anthropic and OpenAI are hunting for smaller AI data center deals, sources told CNBC, as the race to access the infrastructure needed to deploy workloads ramps up.

Cybersecurity researchers have hacked into OpenAI with the help of Anthropic’s Claude chatbot, in the latest example of security issues at the company.

Nvidia’s chief executive Jensen Huang has said no new US laws or regulations are needed to control AI development, as he rejected a united push by leading labs to co-ordinate a slowdown in research in the name of safety.

With Nvidia CEO Jensen Huang speaking on stage at the All-in Summit in Los Angeles, Trump called the tech exec, and was then put on speaker.

Oracle shares declined Monday following a disclosure that co-founder and Chief Technology Officer Larry Ellison had canceled a pre-arranged plan to sell company shares.

Microsoft has posted a provisional code of conduct that would impose restrictions on its artificial intelligence models, days after Anthropic and OpenAI leaders agreed to slow development speed.

OpenAI chief Sam Altman has made his most detailed comments yet on how artificial intelligence safety frameworks could work, after he joined Anthropic’s Dario Amodei and Elon Musk in calling for an industry slowdown over the weekend.

Oracle Corp.’s shares rose over 4% in overnight trading late Thursday after the cloud company reported fiscal first-quarter results above expectations and raised its full-year forecasts.

 OpenAI is deepening ​cooperation with Samsung Electronics as the ChatGPT maker develops its own chips, expanding ties with the ‌South Korean technology giant across semiconductors and enterprise AI services.

Mistral on Tuesday said it raised 3 billion euros ($3.5 billion) in fresh funding led by memory chip giant Samsung, as the French startup looks to position itself as a European alternative to rivals like OpenAI and Anthropic.

Berkshire took a $10 billion stake in Google 15 months ago at a 6.5% discount, CEO Greg Abel said to CNBC’s Becky Quick.

OpenAI has rolled out ads on ChatGPT for select plans in India, one of its largest and most active markets, as the artificial intelligence company looks to maximize its revenue ahead of its planned listing next year.

Anthropic has signed a deal to rent about $45 billion in AI compute from Nscale, a British AI infrastructure company, a source familiar with the deal told TechCrunch.

Alphabet’s Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal ‌sector demand for AI.

OpenAI told investors its revenue grew by 18% from the first to the second quarter, while its losses deepened, results that disappointed some shareholders who had hoped the startup would show more progress catching up to rival Anthropic.

Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio ​being developed by SoftBank-owned SB Energy, in one of the chipmaker’s largest infrastructure financing commitments.

Anthropic PBC is on track to generate annualized revenue of more than $65 billion based on its current performance, according to people familiar with the matter, up more than sevenfold from its pace at the end of last year.

Meta wants to lead in open-source AI. China’s Alibaba just reminded the U.S. tech giant how competitive the market is.