OpenAI has appointed an executive at investment firm BlackRock to its board of directors. Adebayo “Bayo” Ogunlesi, a senior managing director at BlackRock and CEO of Global Infrastructure Partners, an infrastructure investing platform, has joined OpenAI’s board, OpenAI announced on Tuesday. In a statement, OpenAI board chairman Bret Taylor said that Ogunlesi has “an exceptional […]
OpenAI appoints BlackRock exec to its board Read More »
With less than a week left in office, President Joe Biden is not done leaving his mark on the AI industry. President Biden issued an executive order on Tuesday that will allow private sector AI companies to lease federal sites owned by the Department of Defense and Department of Energy in order to build AI
Biden administration opens up federal land to AI data centers Read More »
Apple has joined a consortium creating next-gen technology to link together chips in AI data centers. The consortium, the Ultra Accelerator Link Consortium, is developing a standard called UALink, which connects the AI accelerator chips found within a growing number of server farms. As of Tuesday, Apple is a member of the consortium’s board, along
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For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting
Thoras helps companies reach reliability without overspending on cloud costs Read More »
Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella, and oversee groups including the company’s AI platform and developer teams.
Microsoft forms new internal dev-focused AI org Read More »
OpenAI on Monday published what it’s calling an “economic blueprint” for AI: a living document that lays out policies the company thinks it can build on with the U.S. government and its allies. The blueprint, which includes a forward from Chris Lehane, OpenAI’s VP of global affairs, asserts that the U.S. must act to attract
OpenAI presents its preferred version of AI regulation in a new ‘blueprint’ Read More »
Financial services firm Moody’s announced on Monday that it has agreed to acquire Cape Analytics, a geospatial AI startup, for an undisclosed sum. The deal, which is expected to close in Q1, subject to customary closing conditions, will give Moody’s access to Cape’s geospatial AI analytics technology for insurance underwriting. With the tech, Moody’s plans
So-called reasoning AI models are becoming easier — and cheaper — to develop. On Friday, NovaSky, a team of researchers based out of UC Berkeley’s Sky Computing Lab, released Sky-T1-32B-Preview, a reasoning model that’s competitive with an earlier version of OpenAI’s o1 on a number of key benchmarks. Sky-T1 appears to be the first truly
AI companies across the globe raised more than $100 billion in venture capital dollars in 2024, according to Crunchbase data, an increase of more than 80% compared to 2023. It encompasses nearly a third of the total VC dollars invested in 2024. That’s a lot of money funneling into a lot of AI companies. The
VCs say AI companies need proprietary data to stand out from the pack Read More »
Hugging Face, the AI developer platform, has settled a lawsuit against Korean AI startup FriendliAI, which had accused Hugging Face of infringing on one of its patents. Per a filing on Friday in the U.S. District Court for the Northern District of Delaware, FriendliAI reached a “confidential agreement” with Hugging Face on January 8 and
