The Federal Trade Commission (FTC) said in a staff report issued Friday that there are potential competitive issues in partnerships between Big Tech
OpenAI has hired Meta's head of AI compute and storage supply chain as part of its infrastructure strategy and leadership team. Keith Heyde joined the generative artificial intelligence startup in November, but the move has not been previously reported.
Shares of Google parent Alphabet ( GOOG -1.14%) ( GOOGL -0.98%) surged 35.5% in 2024, according to data from S&P Global Market Intelligence . Alphabet entered 2024 under a cloud of skepticism regarding its competitiveness in the artificial intelligence (AI) races and amid pressure from antitrust authorities.
Microsoft (NASDAQ:MSFT)-backed OpenAI is planning to launch a new ChatGPT feature this week that will automate complex tasks usually done via a web browser, such as undertaking restaurant reservations or planning trips,
The commission noted that the investment may extend Microsoft's dominance in cloud computing into the emerging AI market.
The new o3 and o3 mini models would be more powerful than the previously launched o1 models, the company had said previously
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.
HydroX AI CEO warns about LLM vulnerabilities, new Open Weight Definition for AI, U.S. and EU go opposite directions on hate speech.
Three former engineering leaders from Alphabet Inc.’s Google, Meta Platforms Inc. and Samsung Electronics Co. have raised $10 million for a new startup focused on making artificial intelligence-powered customer sales agents more emotionally attuned.
SoftBank and OpenAI will invest $19 billion each, while the other joint venture members, Oracle and MGX, will invest $7 billion, totalling $45 billion. For the remaining $55 billion, Stargate intends to seek external investors OpenAI calls “Limited Partners,” as well as “several types of debt financing.”
The Google stock price has soared to the highest level on record, continuing a trend that started when it went public. GOOG has jumped by 35% in the last 12 months, underperforming other companies in the Magnificent 7 group.