Amazon is paying ~16x Microsoft's price per OpenAI percentage point, while getting none of Microsoft's exclusives, showing the cost of being late in AI
My word, the torrent of news keeps coming. You have hardly had time to digest the news of the $30 billion raise by Anthropic …
Amazon will invest $15B in OpenAI initially, followed by $35B if certain conditions are met; OpenAI commits to consuming ~2 GW of Trainium capacity through AWS
eventuallyMakenzie Holland /CIO Dive:AWS gains enterprise edge with OpenAI partnershipReuters:OpenAI's $110 billion funding round draws investment from Amazon, Nvidia, SoftBankLuke...
As part of the Amazon-OpenAI deal, the companies plan a “stateful runtime environment” for AWS, letting agents carry context forward to handle ongoing projects
Ina Fried /Axios:
Amazon will invest $15B in OpenAI initially, followed by $35B if certain conditions are met; OpenAI commits to consuming ~2 GW of Trainium capacity through AWS
• OpenAI models coming to Amazon Bedrock via a new Stateful Runtime Environment …Tadahiro Kaburaki:So excited about the Amazon-OpenAI announcement after all the work. Love the gre...
Amazon is paying ~16x Microsoft's price per OpenAI percentage point, while getting none of Microsoft's exclusives, showing the cost of being late in AI
My word, the torrent of news keeps coming. You have hardly had time to digest the news of the $30 billion raise by Anthropic …
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each
OpenAI has closed a $110 billion funding round, a financing that's more than double the size of its last raise a year ago, which was a record for a private tech company.
Amazon will invest $15B in OpenAI initially, followed by $35B if certain conditions are met; OpenAI commits to consuming ~2 GW of Trainium capacity through AWS
Amazon Web Services (AWS) and OpenAI will co-create a Stateful Runtime Environment powered by OpenAI models …
Walmart hits a $1T market cap in intraday trading after a stock surge fueled in part by enthusiasm for its e-commerce growth and automation and AI investments
Retailer joins a select group of mostly tech companies with a 13-figure valuation — Retail behemoth Walmart hit a market capitalization …
Global smart glasses shipments grew 110% YoY in H1; Meta's share of the market rose to 73%; AI smart glasses accounted for 78% of shipments, up from 46% YoY
www.theverge.com/news/613292/ ... @davidinsf : 73% of a small number is an even smaller number.
A look at Big Tech's AI talent wars with massive compensation packages; sources: Meta told potential hires they would be allotted 30K GPUs for their AI research
Talked about my Windsurf scoop & Meta feature, plus tales from AI industry folks watching it all unfold on the inside. www.theverge.com/decoder-podc... @om.co : Zuck's new “Super i...
Mark Zuckerberg says “We'll need to be rigorous about mitigating” the new risks raised by superintelligence and “careful about what we choose to open source”
Meta's CEO says developing superintelligent AI is ‘now in sight.’ But it won't be open source like Llama …
Satya Nadella's memo on Microsoft's layoffs portends the harsh reality that AI could make software companies more profitable while employing fewer people
To paraphrase Sigmund Freud, sometimes a memo is not just a memo. That's why we have to read between the lines of Satya Nadella's 1,150-word memo.
Skype was an early harbinger of technology as culture, and its demise is a good lesson in how ineffective middle management can destroy good acquisitions
Microsoft is shutting down Skype. It will go offline in May 2025. … It makes me incredibly sad, but I am not surprised.
Analysis: 50%+ of the US households showing highly-distorted power readings from February to October were within 20 miles of significant data center activity
AI data centers are multiplying across the US and sucking up huge amounts of power. New evidence shows they may also be distorting …
A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more
Google's blowout earnings report in April, which sparked the biggest rally in Alphabet shares since 2015 and pushed …
Analysis: 50%+ of the US households showing highly-distorted power readings from February to October were within 20 miles of significant data center activity
AI data centers are multiplying across the US and sucking up huge amounts of power. New evidence shows they may also be distorting …
A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more
Google's blowout earnings report in April, which sparked the biggest rally in Alphabet shares since 2015 and pushed …
As the AI industry booms, non-AI startups that raised a Series A 18 months ago are likely facing challenges in raising a Series B, even with good revenue growth
om.co/2024/08/13/a...
Threads is testing collections of profiles to follow, curated by a “handful of Threads community leaders”, built around topics like fashion, food, and books
It's unclear if one day, Threads will allow any account to create starter packs — 1/2 — www.threads.net/@mosseri/pos... … Ed Zitron / @edzitron.com : Hahahahahaha wait, you can...