OpenAI’s newly appointed revenue chief, Denise Dresser, sent a memo to staffers on Sunday, touting the company’s alliance with Amazon as a key growth driver for its enterprise business, while noting the constraints of its long-standing tie-up with Microsoft. Dresser’s memo lands less than two months after Amazon announced plans to invest up to $50…
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images With Anthropic gaining momentum in the booming AI market, OpenAI sent a memo to investors this week slamming its chief…
Arda Kucukkaya | Anadolu | Getty Images Meta has committed to spending an additional $21 billion on AI cloud infrastructure from CoreWeave, which comes on top of a prior arrangement of $14.2 billion, as the social media company continues to ramp up its investments in artificial intelligence. CoreWeave also said Thursday it would raise $3…
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy on Thursday released his annual shareholder letter and once again made the case…
New York Times columnist Andrew Ross Sorkin and CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center in New York, Dec. 3, 2025. Michael M. Santiago | Getty Images A federal appeals court in Washington, D.C., on Wednesday denied Anthropic’s request for…
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI’s Alexandr Wang nine months ago, as the Facebook parent…
Samuel Boivin | Nurphoto | Getty Images Alibaba and China Telecom are launching a data center in southern China powered by the e-commerce giant’s own chips, as the country ramps up its focus on homegrown AI infrastructure. The facility, announced on Tuesday, will feature 10,000 of Alibaba’s Zhenwu semiconductors which are designed for AI training…
Shares of Apple fell Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones. “Apple and the supply chain are working under a pressured timeline and the current solutions are not enough to completely solve the engineering challenges. … More time is needed,” a person familiar with the situation…
Anthropic CEO and co-founder Dario Amodei speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic on Tuesday announced an advanced artificial intelligence model that will roll out to a select group of companies as part of a new cybersecurity initiative called Project Glasswing. The…
onathan Raa | Nurphoto | Getty Images ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant’s already fragile sales to the country. Shares of ASML in the Netherlands were down around 2.6% at around 6:11 a.m….
