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fromTechzine Global
6 days ago

Nvidia nears $30 billion investment in OpenAI

Nvidia is in talks about a possible investment of up to $30 billion in OpenAI. The negotiations are part of a new financing round that could value the AI developer at around $730 billion before new investments. This would make it one of the largest private capital rounds ever in the technology sector. This is according to CNBC. According to insiders, this potential investment is separate from the previously announced collaboration between Nvidia and OpenAI in the field of infrastructure.
Artificial intelligence
Artificial intelligence
fromComputerworld
3 months ago

The revised Microsoft-OpenAI deal teases far more than it delivers

Microsoft secured nearly all concessions in the revised OpenAI deal—ownership dilution and massive Azure service commitments—leaving AGI control as the concession Microsoft does not prioritize.
fromsfist.com
4 months ago

Friday Morning Constitutional: Apple Pulls ICE-Tracking App From App Store

There was a huge explosion and fireball visible from miles away at a Chevron refinery in El Segundo Thursday night. The cause of the explosion is under investigation, and Chevron has confirmed that no one was injured; residents of El Segundo were being told to stay indoors and that air quality would likely be affected. [CBS News / LA Times] Apple has removed the app ICEBlock, which let users anonymously report and monitor ICE activity in their area, from the App Store, citing 'objectionable content.'
US news
Business
from24/7 Wall St.
4 months ago

OpenAI Is Worth More Than Exxon

Growth expectations drive massive valuations for OpenAI and Tesla despite lower current revenues and large projected losses compared with legacy Exxon and Ford.
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