Experimental News Clipping Site

Tag: investors

  • Hacker News: OpenAI closes $40B funding round, startup now valued at $300B

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    Kurt Seifried
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    Source URL: https://www.cnbc.com/2025/03/31/openai-closes-40-billion-in-funding-the-largest-private-fundraise-in-history-softbank-chatgpt.html Source: Hacker News Title: OpenAI closes $40B funding round, startup now valued at $300B Feedly Summary: Comments AI Summary and Description: Yes Summary: OpenAI has secured a record-breaking $40 billion funding round, valuing the company at $300 billion, which will be used primarily to advance AI research and scale its compute infrastructure.…

  • Slashdot: Microsoft Abandons Data Center Projects, TD Cowen Says

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    Kurt Seifried
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    Source URL: https://slashdot.org/story/25/03/26/1832216/microsoft-abandons-data-center-projects-td-cowen-says?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Microsoft Abandons Data Center Projects, TD Cowen Says Feedly Summary: AI Summary and Description: Yes Summary: Microsoft has pulled back on new data center projects in the US and Europe, largely due to excessive supply in the AI power infrastructure market. This move is closely tied to their revised…

  • Hacker News: SoftBank Group to Acquire Ampere Computing for 6.5B

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    Kurt Seifried
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    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…

  • The Register: SoftBank buys server-grade Arm silicon designer Ampere Computing

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/20/softbank_acquires_ampere/ Source: The Register Title: SoftBank buys server-grade Arm silicon designer Ampere Computing Feedly Summary: Japanese tech investor expects its own hyperscalers and e-com giants to collaborate, which could take a bite out of x86 market Japanese tech investment house SoftBank Group has announced its intention to acquire Ampere Computing, the chip design…

  • Slashdot: Google Parent Alphabet Agrees To Buy Cyber Security Group Wiz For $32 Billion

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    Kurt Seifried
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    Source URL: https://tech.slashdot.org/story/25/03/18/1117215/google-parent-alphabet-agrees-to-buy-cyber-security-group-wiz-for-32-billion?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Google Parent Alphabet Agrees To Buy Cyber Security Group Wiz For $32 Billion Feedly Summary: AI Summary and Description: Yes Summary: Google’s parent company, Alphabet, is making waves in the cyber security field with its acquisition of the start-up Wiz for $32 billion, marking a significant investment in cybersecurity…

  • Hacker News: The Model Is the Product

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    Kurt Seifried
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    Source URL: https://vintagedata.org/blog/posts/model-is-the-product Source: Hacker News Title: The Model Is the Product Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses the evolution of AI models, particularly emphasizing the shift towards viewing the model itself as the product rather than merely an application. This perspective is vital for AI professionals, as it…

  • Hacker News: Kastle (YC S24) Is Hiring Engineer #3

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    Kurt Seifried
    in

    Source URL: https://www.ycombinator.com/companies/kastle/jobs/XSq5nJT-founding-applied-ai-engineer-at-kastle Source: Hacker News Title: Kastle (YC S24) Is Hiring Engineer #3 Feedly Summary: Comments AI Summary and Description: Yes Summary: The text provides insights about the role of a Founding Applied AI Engineer at Kastle, an AI platform focused on enhancing mortgage servicing through advanced AI technologies. It emphasizes crucial responsibilities, the…

  • Hacker News: Parahelp (YC S24) Is Hiring Founding Engineers (SF)

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    Kurt Seifried
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    Source URL: https://www.ycombinator.com/companies/parahelp/jobs/PhUMEwg-founding-ai-engineer Source: Hacker News Title: Parahelp (YC S24) Is Hiring Founding Engineers (SF) Feedly Summary: Comments AI Summary and Description: Yes Summary: The text outlines the objectives, values, and operational focus of Parahelp, an AI support agent designed for software companies. It emphasizes the development of AI agents that leverage existing infrastructures to…

  • The Register: AI bubble? What AI bubble? Datacenter investors all in despite whispers of a pop

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/14/ai_datacenter_frenzy/ Source: The Register Title: AI bubble? What AI bubble? Datacenter investors all in despite whispers of a pop Feedly Summary: Billions continue to pour into bit barns across the globe Fears that AI may be a bubble about to burst have yet to dent datacenter investment, with a handful of new developments…

  • The Register: Oracle yet to sign a Stargate contract or predict revenue from AI mega-build

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/11/oracle_q3_2025/ Source: The Register Title: Oracle yet to sign a Stargate contract or predict revenue from AI mega-build Feedly Summary: Guessed tax obligations wrong which helped to disappoint Wall Street even as sales boomed Oracle on Monday announced customers committed to $48 billion of future cloud services consumption – just $5 billion less…