OpenAI wins $200 mn contract with US military
The US Department of Defense on Monday awarded OpenAI a $200 million contract to put generative artificial intelligence (AI) to work for the military.
Jun 17, 2025
0
51
Business
Page 17: Research news on AI infrastructure investment
AI infrastructure investment concerns large-scale capital allocation to the hardware and facilities required to train and deploy artificial intelligence systems. It encompasses construction and expansion of AI-optimized data centers, procurement and development of high-performance GPUs and accelerators, and formation of strategic partnerships across semiconductor, cloud, and robotics firms. The domain also includes financial instruments and public market activity used to fund supercomputing clusters and AI factories, reflecting expectations of AI-driven revenue growth and national competitiveness in advanced computing capacity.
Business
Meta makes major investment in Scale AI, takes in CEO
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
Jun 13, 2025
0
49
Business
Anthropic says looking to power European tech with hiring push
American AI giant Anthropic aims to boost the European tech ecosystem as it expands on the continent, product chief Mike Krieger told AFP Thursday at the Vivatech trade fair in Paris.
Jun 13, 2025
1
42
Business
Nairobi startup's bid to be 'operating system for global South'
Away from the heady rush to build ultra-capable, sci-fi style artificial intelligence in Silicon Valley, ambitious Nairobi-based startup Amini AI is betting on the technology addressing emerging countries' prosaic problems ...
Jun 12, 2025
0
22
Machine learning & AI
Nvidia marks Paris tech fair with Europe AI push
Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe.
Jun 11, 2025
0
34
Business
The AI hype is just like the blockchain frenzy—here's what happens when the hype dies
In recent years, artificial intelligence (AI) has taken center stage across various industries. From AI-generated art to chatbots in customer service, every sector is seemingly poised for disruption.
Jun 11, 2025
0
37
Machine learning & AI
UK to boost 'homegrown talent' in new AI skills drive
UK Prime Minister Keir Starmer on Monday pledged to boost "homegrown talent for the AI age" by teaming up with tech giants to train 7.5 million workers in artificial intelligence skills.
Jun 9, 2025
0
37
Business
Apple heads into annual showcase reeling from AI missteps, tech upheaval and Trump's trade war
After stumbling out of the starting gate in Big Tech's pivotal race to capitalize on artificial intelligence, Apple will try to regain its footing Monday at its annual Worldwide Developers Conference.
Jun 9, 2025
0
22
Business
Amazon planning $10B investment in North Carolina for data center and AI campus
Amazon plans to invest $10 billion toward building a campus in North Carolina to expand its cloud computing and artificial intelligence infrastructure, bringing a massive shot in the arm to a region where many textile and ...
Jun 5, 2025
0
30
Energy & Green Tech
Meta becomes the latest big tech company turning to nuclear power for AI needs
Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook's parent company.
Jun 3, 2025
0
28
