Public semiconductor company Arm will start making its own chips this year after landing a high-profile enterprise customer. Arm, which is majorly owned by SoftBank, will start making its own chips now that Meta has signed on as a customer, according to the Financial Times. The chip is expected to be a CPU for servers […]
Arm is launching its own chip this year with Meta as a customer Read More »
A consortium of investors led by Elon Musk’s x.AI offered to buy OpenAI for $97.4 billion last week. OpenAI CEO Sam Altman has dismissed the proposal, which would gum up OpenAI’s planned conversion from a non-profit, something Musk is attempting to block in a lawsuit. Altman’s lawyers argued in a Wednesday filing that Musk can’t
Elon Musk’s full offer letter to buy OpenAI reveals five key details Read More »
When EJ Cho started his first company in 2018, he was exposed to what it takes to market a product. He was surprised to find a market filled with different single-use tools. “It was a very frustrating experience,” Cho told TechCrunch. “I had to learn and juggle all these different tools. It felt like a
Tofu is building an omni-channel marketing platform for enterprises Read More »
More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has shown an interest, as well, with one survey suggesting that
SpotDraft taps AI to help streamline contract management Read More »
In this episode of the StrictlyVC Download, Nextdoor CEO Nirav Tolia joins Connie and Alex to talk about the challenges of running a public company and his decision to step back into leadership after over five years away from the role. He also discusses why now is the right time for a product overhaul and
Nirav Tolia is turning to AI to keep things neighborly on Nextdoor Read More »
ChatGPT, OpenAI’s chatbot platform, may not be as power-hungry as once assumed. But its appetite largely depends on how ChatGPT is being used, and the AI models that are answering the queries, according to a new study. A recent analysis by Epoch AI, a nonprofit AI research institute, attempted to calculate how much energy a
ChatGPT may not be as power-hungry as once assumed Read More »
Microsoft has added another 389 megawatts of renewable power to its portfolio as the tech giant scrambles to meet the power demands required to match its AI ambitions. The additional renewable power spans three solar projects developed by EDP Renewables North America — two in southern Illinois and one outside Austin, Texas. Microsoft is buying
Microsoft powers AI ambitions with 400 MW solar purchase Read More »
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid,
How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion Read More »
In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of money for [his AI company] xAI, and they’re trying to
OpenAI CEO Sam Altman calls Musk’s bid an attempt to ‘slow us down’ Read More »
BuzzFeed, the media site known for its celebrity news and quizzes, announced on Tuesday that it’s developing its own social media platform, in a move to counter the current negativity on the internet. Semafor first reported BuzzFeed’s plan for the platform this past week. Details on the new platform are not yet public. However, the
