Tag: investment
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Hacker News: AI chipmaker Cerebras files for IPO to take on Nvidia
Source URL: https://www.cnbc.com/2024/09/30/cerebras-files-for-ipo.html Source: Hacker News Title: AI chipmaker Cerebras files for IPO to take on Nvidia Feedly Summary: Comments AI Summary and Description: Yes Summary: Cerebras Systems has filed for an initial public offering (IPO), aiming to provide competition to established players like Nvidia in the AI chip market. The company’s WSE-3 chip offers…
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Hacker News: Apple No Longer in Talks to Invest in ChatGPT Maker OpenAI
Source URL: https://www.macrumors.com/2024/09/30/apple-no-longer-investing-openai-chatgpt/ Source: Hacker News Title: Apple No Longer in Talks to Invest in ChatGPT Maker OpenAI Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses Apple’s recent decision to back out of investment talks with OpenAI, despite ongoing initiatives to integrate OpenAI’s ChatGPT into its devices. It highlights the competitive…
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The Register: Cloud threats have execs the most freaked out because they’re not prepared
Source URL: https://www.theregister.com/2024/09/30/pwc_security_survey/ Source: The Register Title: Cloud threats have execs the most freaked out because they’re not prepared Feedly Summary: Ransomware? More like ‘we don’t care’ for everyone but CISOs Efficiency and scalability are key benefits of enterprise cloud computing, but they come at a cost. Security threats specific to cloud environments are the…
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The Register: Blackstone invests £10B to build Europe’s ‘biggest AI datacenter’ in UK
Source URL: https://www.theregister.com/2024/09/26/backstone_ai_datacenter/ Source: The Register Title: Blackstone invests £10B to build Europe’s ‘biggest AI datacenter’ in UK Feedly Summary: Construction slated to begin next year at site of failed BritishVolt plant US investment giant Blackstone is plowing £10 billion ($13.4 billion) into a massive AI datacenter project located in northeast England, British Prime Minister…
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Hacker News: BlackRock, Microsoft to Raise $30B for AI Investments
Source URL: https://finance.yahoo.com/news/blackrock-microsoft-aim-raise-30-202200420.html Source: Hacker News Title: BlackRock, Microsoft to Raise $30B for AI Investments Feedly Summary: Comments AI Summary and Description: Yes Summary: This text discusses the partnership between BlackRock and Microsoft aimed at financing the development of data infrastructure and energy projects to support the expanding needs of artificial intelligence. It highlights the…
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The Register: GenAI hype meets harsh reality as enterprises wrestle with business case
Source URL: https://www.theregister.com/2024/09/09/equinix_ai_business_case/ Source: The Register Title: GenAI hype meets harsh reality as enterprises wrestle with business case Feedly Summary: Nvidia, Equinix clearly making a killing over costs, confusion, and cold feet Enterprises are still struggling with the business case for generative AI projects more than a year after the craze started, and we may…
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New York Times – Artificial Intelligence : OpenAI, Maker of ChatGPT, Is Trying to Grow Up
Source URL: https://www.nytimes.com/2024/09/03/technology/openai-chatgpt-revenue.html Source: New York Times – Artificial Intelligence Title: OpenAI, Maker of ChatGPT, Is Trying to Grow Up Feedly Summary: The maker of ChatGPT is struggling to transform itself into a profit-driven company while satisfying worries about the safety of artificial intelligence. AI Summary and Description: Yes Summary: OpenAI is undergoing significant management…
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Hacker News: AI is growing faster than companies can secure it, warn industry leaders
Source URL: https://venturebeat.com/ai/ai-is-growing-faster-than-companies-can-secure-it-warn-industry-leaders/ Source: Hacker News Title: AI is growing faster than companies can secure it, warn industry leaders Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses urgent security concerns related to the rapid advancements in artificial intelligence, particularly through insights shared at the DataGrail Summit 2024. Key industry leaders emphasize…
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New York Times – Artificial Intelligence : Apple and Nvidia in Talks to Invest in OpenAI
Source URL: https://www.nytimes.com/2024/08/29/technology/apple-nvidia-openai.html Source: New York Times – Artificial Intelligence Title: Apple and Nvidia in Talks to Invest in OpenAI Feedly Summary: Led by the investment firm Thrive Capital, the new deal would value the artificial intelligence start-up at over $100 billion. AI Summary and Description: Yes Summary: Apple and Nvidia are negotiating an investment…