Tag: investors
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The Register: Baidu robocabs break even in low-fare China, company expects to cash in elsewhere
Source URL: https://www.theregister.com/2025/08/21/baidu_q2_2025/ Source: The Register Title: Baidu robocabs break even in low-fare China, company expects to cash in elsewhere Feedly Summary: Web giant reworks AI infra to improve utilization, with mix of chips from home and away Chinese web giant Baidu is already breaking even with robotaxi operations in China and is confident they…
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The Register: Hungry hyperscalers boosted Cisco’s AI sales by a cool billion bucks
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…
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Slashdot: Initiative Seeks AI Lab to Build ‘American Truly Open Models’ (ATOM)
Source URL: https://news.slashdot.org/story/25/08/09/1916243/initiative-seeks-ai-lab-to-build-american-truly-open-models-atom?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Initiative Seeks AI Lab to Build ‘American Truly Open Models’ (ATOM) Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the launch of the ATOM Project, aimed at enhancing U.S. open-source AI competitiveness, highlighting a significant gap in open-source AI development in the country compared to China.…
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New York Times – Artificial Intelligence : OpenAI Raises Another Funding Deal, From Dragoneer, Blackstone and More
Source URL: https://www.nytimes.com/2025/08/01/business/dealbook/openai-ai-mega-funding-deal.html Source: New York Times – Artificial Intelligence Title: OpenAI Raises Another Funding Deal, From Dragoneer, Blackstone and More Feedly Summary: The venture capital round values the ChatGPT maker at $300 billion, and underscores the fierceness of the A.I. money race. AI Summary and Description: Yes Summary: The text highlights a significant financial…