Chris Lehane is one of the best in the business at making bad news disappear. Al Gore’s press secretary during the Clinton years, Airbnb’s chief crisis manager through every regulatory nightmare from here to Brussels – Lehane knows how to spin. Now he’s two years into what might be his most impossible gig yet: as […]
The fixer’s dilemma: Chris Lehane and OpenAI’s impossible mission Read More »
AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s rolling out Anthropic’s Claude to all 500,000 employees. On the very same day, the Australian government forced Deloitte to refund a contract because their AI-generated report was riddled with fake citations. It’s a perfect snapshot
Why Deloitte is betting big on AI despite a $10M refund Read More »
It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4
The billion-dollar infrastructure deals powering the AI boom Read More »
Prezent, a startup that offers an AI-powered presentation builder to enterprises, said today that it has raised $30 million in funding led by Multiplier Capital, Greycroft, and Nomura Strategic Ventures, with participation from existing investors like Emergent Ventures, West Wave Capital, and Alumni Ventures. The Los Altos, California, startup, which is now valued at $400
Instagram head Adam Mosseri said AI will change who can be creative, as the new tools and technology will give people who couldn’t be creators before the ability to produce content at a certain quality and scale. However, he also admitted that bad actors will use the technology for “nefarious purposes” and that kids growing
Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be deployed across Microsoft Azure’s global data centers to run OpenAI workloads. Each system
Reflection, a startup founded just last year by two former Google DeepMind researchers, has raised $2 billion at an $8 billion valuation, a whopping 15x leap from its $545 million valuation just seven months ago. The company, which originally focused on autonomous coding agents, is now positioning itself as both an open-source alternative to closed
Reflection raises $2B to be America’s open frontier AI lab, challenging DeepSeek Read More »
Six months after Lip-Bu Tan’s began his quest to turn around struggling Intel, the semiconductor giant has announced a major hardware upgrade. On Thursday, Intel unveiled a new processor, codenamed Panther Lake. This marks the next generation of the company’s Intel Core Ultra processor family and is the first chip built using Intel’s 18A semiconductor
Intel unveils new processor powered by its 18A semiconductor tech Read More »
As AI companies mature, the fight for high-quality data has become one of the most competitive areas in the industry, launching companies like Mercor, Surge, and, most prominently, Alexandr Wang’s ScaleAI. But now that Wang has moved to run AI at Meta, many funders see an opening — and are willing to fund companies with
Datacurve raises $15 million to take on ScaleAI Read More »
At nearly the same moment as Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multibillion-dollar deal with competitor AMD — shortly after his company agreed to invest up to $100 billion into the AI model maker — Sam Altman was saying that more such deals are in the works. Huang appeared on CNBC’s Squawk
