Tag: investment trends
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New York Times – Artificial Intelligence : OpenAI Closes Deal That Values Company at $300 billion
Source URL: https://www.nytimes.com/2025/03/31/technology/openai-valuation-300-billion.html Source: New York Times – Artificial Intelligence Title: OpenAI Closes Deal That Values Company at $300 billion Feedly Summary: The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors. AI Summary and Description: Yes Summary: OpenAI has successfully completed a $40 billion fundraising round, raising…
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Hacker News: SoftBank Group to Acquire Ampere Computing for 6.5B
Source URL: https://group.softbank/en/news/press/20250320 Source: Hacker News Title: SoftBank Group to Acquire Ampere Computing for 6.5B Feedly Summary: Comments AI Summary and Description: Yes Summary: SoftBank Group’s acquisition of Ampere Computing is a strategic move to enhance its AI infrastructure and semiconductor capabilities, critical for developing Artificial Super Intelligence. The transaction, valued at $6.5 billion, emphasizes…
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The Register: Tencent slows pace of GPU rollout as it wrings more performance from fewer accelerators
Source URL: https://www.theregister.com/2025/03/20/tencent_q4_fy2024_gpu_slowdown/ Source: The Register Title: Tencent slows pace of GPU rollout as it wrings more performance from fewer accelerators Feedly Summary: Chinese giant says locals are more efficient than Western hyperscalers, and has tiny capex to prove it Chinese tech giant Tencent has slowed the pace of its GPU rollout since implementing DeepSeek.……
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The Register: Despite Wall Street jitters, AI hopefuls keep spending billions on AI infrastructure
Source URL: https://www.theregister.com/2025/02/25/shaking_off_wall_street_jitters/ Source: The Register Title: Despite Wall Street jitters, AI hopefuls keep spending billions on AI infrastructure Feedly Summary: Sunk cost fallacy? No, I just need a little more cash for this AGI thing I’ve been working on Comment Despite persistent worries that vast spending on AI infrastructure may not pay for itself,…
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Slashdot: DeepSeek Expands Business Scope in Potential Shift Towards Monetization
Source URL: https://slashdot.org/story/25/02/18/1634218/deepseek-expands-business-scope-in-potential-shift-towards-monetization Source: Slashdot Title: DeepSeek Expands Business Scope in Potential Shift Towards Monetization Feedly Summary: AI Summary and Description: Yes Summary: DeepSeek, a Chinese AI startup, has updated its business registry to reflect significant personnel and operational changes aimed at monetizing its large language models (LLMs). This marks a strategic shift from a…
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Slashdot: Europe ‘Not in the AI Race Today,’ French President Macron Says
Source URL: https://slashdot.org/story/25/02/10/1859242/europe-not-in-the-ai-race-today-french-president-macron-says?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Europe ‘Not in the AI Race Today,’ French President Macron Says Feedly Summary: AI Summary and Description: Yes Summary: The text discusses French President Emmanuel Macron’s concerns regarding Europe’s competitiveness in the AI sector relative to the United States and China. He emphasizes the need for an AI agenda…
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The Register: OpenAI and pals form biz to spend $500B on its own AI infrastructure
Source URL: https://www.theregister.com/2025/01/22/openai_stargate_ai_datacenter_company/ Source: The Register Title: OpenAI and pals form biz to spend $500B on its own AI infrastructure Feedly Summary: With help from SoftBank, Oracle, and MGX, Stargate Project plans to outspend Microsoft this year OpenAI, Oracle, SoftBank, and investment firm MGX on Tuesday announced plans to spend $500 billion on AI infrastructure…
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The Register: Demand for AI servers sees Foxconn fly and suppliers come along for the ride
Source URL: https://www.theregister.com/2025/01/07/foxconn_q4_2024/ Source: The Register Title: Demand for AI servers sees Foxconn fly and suppliers come along for the ride Feedly Summary: Record quarterly revenue at contract manufacturing giant suggests strong demand for hardware of all sorts Foxconn has singled out AI servers as a reason for its record revenue, and its suppliers’ share…