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Tag: financial commitment

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

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    Kurt Seifried
    in

    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…

  • Slashdot: Amazon CEO Urges ‘Startup’ Mentality in Shareholder Letter

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    Kurt Seifried
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    Source URL: https://slashdot.org/story/25/04/10/1141224/amazon-ceo-urges-startup-mentality-in-shareholder-letter?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Amazon CEO Urges ‘Startup’ Mentality in Shareholder Letter Feedly Summary: AI Summary and Description: Yes Summary: The text highlights Amazon’s strategic focus on artificial intelligence (AI) as a critical component of its operations, emphasizing an urgent need for competitive customer experiences that leverage intelligent models. CEO Andy Jassy’s remarks…