Tag: Enterprise
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AMD to invest up to $5 billion in Anthropic as part of computing power deal
Anthropic’s agreement with AMD is the latest in a string of infrastructure deals the company has announced this year to increase its computing capacity.
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OpenAI appoints two new members to board of directors
OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.
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Super Micro surges 15% on new order and margin disclosure after SpaceX announcement
Many server makers are seeing faster growth as companies race to deploy artificial intelligence servers.
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Google expands Gemini lineup with cheaper models and new Mythos rival
Google is expanding Gemini with cheaper, more efficient models and a new cybersecurity offering as it tries to close product gaps and compete on cost.
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Bessent says U.S. could sanction China over AI model ‘theft’
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
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Microsoft’s Nadella criticizes Anthropic’s Fable for being ‘editorially controlled’
Microsoft enjoys close ties to Anthropic, but it’s also working to help companies refine models that keep their data private.
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Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models
Fireworks once relied heavily on revenue from coding startup Cursor, but has diversified in the past year as more companies reach for lower-cost AI models.
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Amazon senior cloud executive departs after 18 years
Brown helped launch one of AWS’ oldest services and also oversaw its compute and machine learning units.
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Chamath Palihapitiya says soaring AI token spend will hit companies’ earnings
Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.
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Elon Musk and Sam Altman spar on X after Apple files OpenAI lawsuit
Sam Altman insisted that Elon Musk was again obsessed with him because of an OpenAI model release earlier this week.
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