After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials — specifically its revenue and compute costs over the past couple of years. Zitron reported this week that in 2024, […]
Leaked documents shed light into how much OpenAI pays Microsoft Read More »
For the last two years, LinkedIn has tried to infuse AI into different parts of its platforms, including ad copies, content creation, personalized digests, hiring assistance, job hunting advice, and learning. The company is now finally adding AI to one of the most-used parts of the site: search. Earlier this year, the company released a
LinkedIn adds AI-powered search to help users find people Read More »
A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced his sweeping tariff plan in April. Tech companies that have otherwise performed well this year
Is Wall Street losing faith in AI? Read More »
On Wednesday, researchers at Microsoft released a new simulation environment designed to test AI agents, along with new research showing that current agentic models may be vulnerable to manipulation. Conducted in collaboration with Arizona State University, the research raises new questions about how well AI agents will perform when working unsupervised — and how quickly
Microsoft built a fake marketplace to test AI agents — they failed in surprising ways Read More »
People Inc., one of the largest media publishers in the U.S., has signed an AI licensing deal with Microsoft. The media giant (formerly known as Dotdash Meredith) made the announcement Tuesday as a part of parent company IAC’s third-quarter earnings. Under the deal, People Inc. will become a launch partner in Microsoft’s publisher content marketplace.
People Inc forges AI licensing deal with Microsoft as Google traffic drops Read More »
How much power is enough for AI? Nobody knows, not even OpenAI CEO Sam Altman or Microsoft CEO Satya Nadella. That has put software-first businesses like OpenAI and Microsoft in a bind. Much of the tech world has been focused on compute as a major barrier to AI deployment. And while tech companies have been
Altman and Nadella need more power for AI, but they’re not sure how much Read More »
Cloud-computing company Lambda deepened its relationship with Microsoft through a sizable AI infrastructure deal. Nvidia-backed Lambda announced it struck a multi-billion-dollar deal with Microsoft on Monday to deploy tens of thousands of Nvidia GPUs, according to a press release. The exact size of the deal was not disclosed. Some of these GPUs will be Nvidia
Lambda inks multi-billion-dollar AI infrastructure deal with Microsoft Read More »
Microsoft will invest $15.2 billion in the United Arab Emirates over the next four years, the company announced Monday at the first annual Abu Dhabi Global AI Summit. The investment will include the first-ever shipments of the most advanced Nvidia GPUs to the UAE. As part of the deal, the U.S. has granted Microsoft a license
Microsoft’s $15.2B UAE investment turns Gulf State into test case for US AI diplomacy Read More »
Microsoft is leaving no stone unturned in its quest to secure more compute capacity for meeting its customers’ heavy demand for AI services. On Monday, the Redmond-based tech giant signed a $9.7 billion, five-year contract with Australia’s IREN to secure further AI cloud capacity. The deal will give Microsoft access to compute infrastructure built with
Microsoft inks $9.7B deal with Australia’s IREN for AI cloud capacity Read More »
OpenAI CEO Sam Altman recently said that the company is doing “well more” than $13 billion in annual revenue — and he sounded a little testy when pressed on how it will pay for its massive spending commitments. His comments came up during a joint interview on the Bg2 podcast between Altman and Microsoft CEO
Sam Altman says ‘enough’ to questions about OpenAI’s revenue Read More »
