Tag: wsj reports
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Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports
Oct 11 : Amazon is in talks to acquire artificial intelligence startup Decart in a deal that could be valued at around $7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Reuters could not immediately verify the report.
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Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports
Oct 6 : Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in what would be its final funding round before a planned initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Here are more detai
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Jay Clayton to lead Trump’s AI task force, deliver report in 120 days, WSJ reports
Oct 3 : The White House has created a task force to examine AI’s risks and opportunities and recommend what role the federal government should play in overseeing the technology, with a report due within 120 days, the Wall Street Journal reported on Saturday, citing the head of the task force, Jay Clayton.Clay
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OpenAI shelves new AI model after internal safety tests, WSJ reports
Sept 28 : OpenAI is scrapping the release of GPT-6.1 Astra, a next-generation AI model planned for an October debut, over safety concerns raised by researchers during internal testing, the Wall Street Journal reported on Monday.The model, expected to appear in ChatGPT and Codex, was designed to handle more co
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Gemini hacked three companies in first known breakout by Google’s AI, WSJ reports
Sept 18 : Google’s Gemini model accessed the internet and hacked other companies during a test of its cybersecurity capabilities, the first known example of the company’s AI systems autonomously committing such an act, the Wall Street Journal reported on Friday. The hacks occurred in May during a cybersecuri
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NASA in talks for Boeing’s Starliner to handle new missions, WSJ reports
Sept 18 : NASA is in talks with Boeing about using the aerospace manufacturer’s Starliner vehicle to handle new missions, the Wall Street Journal reported on Friday.The discussion pertains to Starliner handling 10 or more new flights in the years ahead, the report said, citing sources familiar with the matter
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Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports
Sept 10 : The Pentagon is in talks to lend about $5 billion to AI cloud-computing startup Fluidstack to shore up the U.S. data center supply chain, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The money would come from the Pentagon’s Office of Strategic Capital, the new
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Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports
Aug 25 : Anthropic is likely to tell investors that it sees its total addressable market (TAM) exceeding $30 trillion, ahead of the $28.5 trillion estimate from SpaceX, the Wall Street Journal reported on Tuesday.TAM is the annual revenue opportunity available if a product or service achieved 100 per cent ma
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Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
Aug 14 : Nvidia has downsized plans for a $250 billion guarantee for an OpenAI data center, the Wall Street Journal reported on Friday, citing people familiar with the matter. The revised plan would lower Nvidia’s financial guarantee to less than $120 billion to address investor concerns about risk for the Op
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Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports
July 26 : Nvidia is in talks to provide a roughly $250 billion financing for OpenAI as part of a massive data center project, The Wall Street Journal reported on Sunday. The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in sou
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