Tag: revenue

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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.…

The Register: Nvidia challenger Cerebras says it’s leaped Mid-East funding hurdle on way to IPO

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Source URL: https://www.theregister.com/2025/03/31/cerebras_ipo_roadblock/ Source: The Register Title: Nvidia challenger Cerebras says it’s leaped Mid-East funding hurdle on way to IPO Feedly Summary: Wafer-scale AI chip startup apparently smoothed over American concerns around UAE’s G42 planned stake AI chip startup Cerebras Systems says it has cleared a key hurdle ahead of its planned initial public offering…

Hacker News: France fines Apple €150M for "excessive" pop-ups that let users reject tracking

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Source URL: https://arstechnica.com/tech-policy/2025/03/france-fines-apple-e150m-for-excessive-pop-ups-that-let-users-reject-tracking/ Source: Hacker News Title: France fines Apple €150M for "excessive" pop-ups that let users reject tracking Feedly Summary: Comments AI Summary and Description: Yes Summary: The French competition regulator has fined Apple €150 million due to its App Tracking Transparency (ATT) framework being overly complicated for users, which adversely affects small publishers…

The Register: LLM providers on the cusp of an ‘extinction’ phase as capex realities bite

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Source URL: https://www.theregister.com/2025/03/31/llm_providers_extinction/ Source: The Register Title: LLM providers on the cusp of an ‘extinction’ phase as capex realities bite Feedly Summary: Only the strong will survive, but analyst says cull will not be as rapid as during dotcom era Gartner says the market for large language model (LLM) providers is on the cusp of…

New York Times – Artificial Intelligence : Elon Musk Says He Has Sold X to xAI

Mar 28, 2025

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Source URL: https://www.nytimes.com/2025/03/28/technology/musk-x-xai.html Source: New York Times – Artificial Intelligence Title: Elon Musk Says He Has Sold X to xAI Feedly Summary: Mr. Musk said the deal valued xAI, his artificial intelligence start-up, at $80 billion, and X at $30 billion. AI Summary and Description: Yes Summary: Elon Musk’s sale of his social media company…

The Register: CoreWeave cools its jets, downsizing IPO as investor heat fades

Mar 28, 2025

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Source URL: https://www.theregister.com/2025/03/28/coreweave_downsizes_ipo/ Source: The Register Title: CoreWeave cools its jets, downsizing IPO as investor heat fades Feedly Summary: That stands for I Probably Overestimated? CoreWeave has pared back the scope of its initial public offering amid growing investor uncertainty in an overheating AI marketplace and risks posed by the GPU cloud specialist’s exposure to…

The Register: Alibaba exec warns of overheating AI infrastructure market

Mar 25, 2025

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Source URL: https://www.theregister.com/2025/03/25/alibaba_ai_infrastructure/ Source: The Register Title: Alibaba exec warns of overheating AI infrastructure market Feedly Summary: Joe Tsai says speculative datacenter builds could exceed actual demand Alibaba is warning of a datacenter spending “bubble" amid the rush to build infrastructure in anticipation of an AI feeding frenzy.… AI Summary and Description: Yes Summary: Alibaba’s…

The Register: VanHelsing ransomware emerges to put a stake through your Windows heart

Mar 25, 2025

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Source URL: https://www.theregister.com/2025/03/25/vanhelsing_ransomware_russia/ Source: The Register Title: VanHelsing ransomware emerges to put a stake through your Windows heart Feedly Summary: There’s only one rule – don’t attack Russia, duh Check Point has spotted a fresh ransomware-as-a-service crew in town: VanHelsing, touting a cross-platform locker targeting Microsoft Windows, Linux, and VMware ESXi systems, among others. But…

Cloud Blog: Google Cloud Next 25 Partner Summit: Session guide for partners

Mar 20, 2025

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