AI chipmaker Cerebras withdraws IPO
Artificial intelligence chipmaker Cerebras Systems said on Friday that it's withdrawing plans for an IPO, days after announcing that it ...
Tag: Oracle Corp
OpenAI’s historic week has redefined the AI arms race for investors: ‘I don’t see this as crazy’
OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, ...
A look at OpenAI’s tangled web of dealmaking
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. ...
Databricks commits to $100 million in OpenAI spending as high-valued startups team up in AI
Databricks co-founder and CEO Ali Ghodsi.DatabricksOpenAI and Databricks are two of the most highly valued tech startups on the planet. ...
Anthropic to triple international workforce in global AI push
Anthropic is stepping up its global enterprise ambitions.The $183 billion artificial intelligence startup has grown its business customer base from ...
Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
Muhammed Selim Korkutata | Anadolu | Getty ImagesPresident Donald Trump on Thursday signed an executive order approving a proposal that ...
Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. ...
Early Revolut backer invests in AI-focused finance software startup Light
Light uses artificial intelligence to automate companies' finance and accounting functions.LightDanish startup Light is the latest in a series of ...
Microsoft announces $30 billion investment in AI infrastructure, operations in UK
Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024.Adek Berry | AFP ...
Oracle stock gains 36% to post best day since 1992, adding $244 billion in value
Oracle stock roared 35.95% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company to a historic gain.The ...
