Tag: investment

  • Hacker News: AI Data Centers May Consume More Electricity Than Entire Cities

    Source URL: https://www.cnbc.com/2024/11/23/data-centers-powering-ai-could-use-more-electricity-than-entire-cities.html Source: Hacker News Title: AI Data Centers May Consume More Electricity Than Entire Cities Feedly Summary: Comments AI Summary and Description: Yes **Summary:** The text discusses the significant increase in power demand from data centers, particularly driven by the growing requirements of artificial intelligence and cloud computing. As these facilities expand, they…

  • Newsroom \ Anthropic: Powering the next generation of AI development with AWS

    Source URL: https://www.anthropic.com/news/anthropic-amazon-trainium Source: Newsroom \ Anthropic Title: Powering the next generation of AI development with AWS Feedly Summary: AI Summary and Description: Yes Summary: This text discusses an expanded collaboration between Anthropic and Amazon Web Services (AWS) to develop advanced AI systems. The partnership is marked by a significant financial investment aimed at enhancing…

  • The Register: Amazon bets another $4 billion on Anthropic

    Source URL: https://www.theregister.com/2024/11/22/anthropic_amazon_funds/ Source: The Register Title: Amazon bets another $4 billion on Anthropic Feedly Summary: You just gonna stand there, Google, let AWS take the ‘primary training partner’ title? Not gonna do nothing? Amid concerns about the return of AI winter, when funding and advancements slow down, neural-network golden child Anthropic reports the doubling…

  • Hacker News: Amazon to invest another $4B in Anthropic, OpenAI’s biggest rival

    Source URL: https://www.cnbc.com/2024/11/22/amazon-to-invest-another-4-billion-in-anthropic-openais-biggest-rival.html Source: Hacker News Title: Amazon to invest another $4B in Anthropic, OpenAI’s biggest rival Feedly Summary: Comments AI Summary and Description: Yes Summary: Amazon’s substantial $4 billion investment in Anthropic underscores the escalating competition in the generative AI space, as major tech firms vie for leadership in an industry poised for significant…

  • The Register: Datacenters could blow up your electric bill thanks to AI

    Source URL: https://www.theregister.com/2024/11/22/ai_hike_energy_bills/ Source: The Register Title: Datacenters could blow up your electric bill thanks to AI Feedly Summary: Operators may have to pay more for energy if capacity cannot meet demand Americans could face a 70 percent hike in their electricity bills by 2030 unless action is taken to boost generation and transmission capacity…

  • Slashdot: Amazon Doubles Investment in AI Startup Anthropic To $8 Billion

    Source URL: https://slashdot.org/story/24/11/22/1552251/amazon-doubles-investment-in-ai-startup-anthropic-to-8-billion Source: Slashdot Title: Amazon Doubles Investment in AI Startup Anthropic To $8 Billion Feedly Summary: AI Summary and Description: Yes Summary: Amazon is doubling down on its investment in AI startup Anthropic with an additional $4 billion, positioning Amazon Web Services as the primary training partner. This partnership highlights the growing significance…

  • Slashdot: DOJ Antitrust Case Aims To Undo Google-Anthropic Partnership

    Source URL: https://tech.slashdot.org/story/24/11/22/0351253/doj-antitrust-case-aims-to-undo-google-anthropic-partnership?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: DOJ Antitrust Case Aims To Undo Google-Anthropic Partnership Feedly Summary: AI Summary and Description: Yes Summary: The Justice Department has proposed significant changes to Google’s partnerships, particularly its investment in the AI company Anthropic, in the wake of its antitrust case against the tech giant. This proposal aims to…

  • Cloud Blog: How Commerzbank is transforming financial advisory workflows with gen AI

    Source URL: https://cloud.google.com/blog/products/ai-machine-learning/how-commerzbank-is-transforming-financial-advisory-workflows-with-gen-ai/ Source: Cloud Blog Title: How Commerzbank is transforming financial advisory workflows with gen AI Feedly Summary: In today’s fast-paced financial landscape, staying competitive requires embracing innovation and efficiency. Commerzbank, a leading German bank, recognized the potential to streamline its internal workflows, particularly within its financial advisory division for corporate clients.  Given regulatory…

  • Hacker News: DOJ proposal would require Google to divest from AI partnerships with Anthropic

    Source URL: https://www.bloomberg.com/news/articles/2024-11-21/us-justice-department-seeks-to-unwind-google-s-anthropic-deal Source: Hacker News Title: DOJ proposal would require Google to divest from AI partnerships with Anthropic Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses a potential legal development concerning Google’s partnership with AI startup Anthropic in the context of a federal antitrust case. This situation highlights regulatory scrutiny…

  • The Register: Eviden seals €60M deal for Finnish supercomputer amid Atos turmoil

    Source URL: https://www.theregister.com/2024/11/21/eviden_finland_supercomputer/ Source: The Register Title: Eviden seals €60M deal for Finnish supercomputer amid Atos turmoil Feedly Summary: Despite parent’s financial turbulence, subsidiary continues to secure major contracts Eviden continues to win supercomputer contracts despite the struggles of parent company Atos, announcing a €60 million ($63 million) signing for a Finnish national supercomputer that…