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Tag: financial commitment

  • Gemini: CEO Sundar Pichai’s remarks at the White House AI Education Taskforce event

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    Kurt Seifried
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    Source URL: https://blog.google/outreach-initiatives/education/ai-education-efforts/ Source: Gemini Title: CEO Sundar Pichai’s remarks at the White House AI Education Taskforce event Feedly Summary: Google is offering Gemini for Education to American high schools, and committing $150 million in grants to support AI education and digital wellbeing. AI Summary and Description: Yes Summary: Google’s initiative to offer Gemini for…

  • Slashdot: Meta Signs $10 Billion Cloud Deal With Google

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    Kurt Seifried
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    Source URL: https://meta.slashdot.org/story/25/08/22/2043255/meta-signs-10-billion-cloud-deal-with-google Source: Slashdot Title: Meta Signs $10 Billion Cloud Deal With Google Feedly Summary: AI Summary and Description: Yes Summary: Google has entered into a significant six-year cloud computing partnership with Meta, valued at over $10 billion, to support Meta’s extensive AI infrastructure. This collaboration highlights the growing intersection of cloud computing and…

  • The Register: Hungry hyperscalers boosted Cisco’s AI sales by a cool billion bucks

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/08/14/cisco_q4_2025/ Source: The Register Title: Hungry hyperscalers boosted Cisco’s AI sales by a cool billion bucks Feedly Summary: Big Tech is spending vastly more on AI infrastructure but Switchzilla thinks its piece of the pie will be fat and juicy Cisco sold twice as much AI kit as it forecast during its 2025…

  • Slashdot: Amazon’s Cloud Business Giving Federal Agencies Up To $1 Billion In Discounts

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    Kurt Seifried
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    Source URL: https://yro.slashdot.org/story/25/08/07/2137222/amazons-cloud-business-giving-federal-agencies-up-to-1-billion-in-discounts?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Amazon’s Cloud Business Giving Federal Agencies Up To $1 Billion In Discounts Feedly Summary: AI Summary and Description: Yes Summary: Amazon Web Services (AWS) has secured a partnership with the U.S. government that provides up to $1 billion in discounts for cloud services, which will accelerate the federal migration…

  • The Register: Anthropic, Google, OpenAI and xAI get $800M to hop in bed with Pentagon

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/07/14/pentagon_ai/ Source: The Register Title: Anthropic, Google, OpenAI and xAI get $800M to hop in bed with Pentagon Feedly Summary: Looks like DoD FOMO struck Silicon Valley The Pentagon’s embrace of the AI industry just put up to $800 million on the table as the Department of Defense has issued a quartet of contracts…

  • Slashdot: Microsoft Pledges $4 Billion for AI Education Training Programs

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    Kurt Seifried
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    Source URL: https://slashdot.org/story/25/07/09/176219/microsoft-pledges-4-billion-for-ai-education-training-programs Source: Slashdot Title: Microsoft Pledges $4 Billion for AI Education Training Programs Feedly Summary: AI Summary and Description: Yes Summary: Microsoft’s recent commitment of over $4 billion aims to enhance AI education, promoting widespread access to AI training through its Microsoft Elevate Academy. This initiative is part of a larger movement involving…

  • Slashdot: Meta Invests $14.3 Billion in Scale AI

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    Kurt Seifried
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    Source URL: https://tech.slashdot.org/story/25/06/13/0146238/meta-invests-143-billion-in-scale-ai?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Meta Invests $14.3 Billion in Scale AI Feedly Summary: AI Summary and Description: Yes Summary: Meta’s substantial $14.3 billion investment in Scale AI, along with the recruitment of its CEO, signifies a strategic initiative to enhance their AI capabilities, aiming specifically for advancements towards artificial general intelligence. This move…

  • Slashdot: Meta Is Creating a New AI Lab To Pursue ‘Superintelligence’

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    Kurt Seifried
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    Source URL: https://tech.slashdot.org/story/25/06/10/0738216/meta-is-creating-a-new-ai-lab-to-pursue-superintelligence?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Meta Is Creating a New AI Lab To Pursue ‘Superintelligence’ Feedly Summary: AI Summary and Description: Yes **Summary:** Meta is launching a new AI research lab focused on achieving “superintelligence,” led by industry figures including Alexandr Wang from Scale AI, as part of its effort to enhance competitive positioning…

  • The Register: Oracle’s $40B Nvidia hardware haul may be too hot for OpenAI’s Abilene, Texas DC to handle

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/05/27/oracle_openai_40b/ Source: The Register Title: Oracle’s $40B Nvidia hardware haul may be too hot for OpenAI’s Abilene, Texas DC to handle Feedly Summary: 400,000 of Nvidia’s GB200 Superchips are gonna need a bit more than 1.2GW of datacenter capacity Oracle will reportedly shell out around $40 billion on Nvidia’s most advanced GPUs to…

  • The Register: CoreWeave may have built a house of (graphics) cards

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/05/16/coreweave_graphics_cards/ Source: The Register Title: CoreWeave may have built a house of (graphics) cards Feedly Summary: An overdependence on hyperscalers and a mountain of debt could pull the rug out Comment CoreWeave this week said it would plow between $20 and $23 billion into GPU bit barns by year’s end in order to…