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OpenAI’s applications chief Fidji Simo told staff in a meeting last week that the company needed to refocus on business customers and cut down on side quests that were becoming a distraction, according to a person with knowledge of the comments. Simo made the comments as archrival Anthropic has ...
OpenAI’s applications chief Fidji Simo warned the startup’s staff that they shouldn’t be distracted by “side quests” as the company looks to sharpen its focus on its business customers, The Wall Street Journal reported. Fidji, in an employee meeting last week, said CEO Sam Altman and Mark Chen, ...
If you’ve got a ticket on the AI gravy train, times are good. That could be because you’re a supplier to Nvidia—and therefore enjoying booming business, as Nvidia CEO Jensen Huang pointed out in his speech on Monday at the company’s GTC convention. Or it could be because you’re a small data center operator picking up business from a big tech giant looking for extra computing capacity. Take Nebius...
Nvidia CEO Jensen Huang said Monday the company will offer new software tools that allow customers to build their own open-source AI agents for business use. Launch of the software, NemoClaw, follows the popularity of OpenClaw, open-source software to create personal agents that can write ...
Intuit’s founder and executive leadership team have canceled plans for future stock sales, the company said in a regulatory filing on Monday. At the same time, Intuit said it planned to “substantially accelerate” its remaining $3.5 billion worth of planned stock buybacks, having repurchased $1.8 ...
Nscale has agreed to buy the developer of one of the largest U.S. AI data center sites, confirming a report in The Information last week. Nscale is acquiring American Intelligence & Power Corporation, a firm set up earlier this year to help develop a more than 2,000-acre site in Mason ...
Nvidia CEO Jensen Huang said the company now expects $1 trillion in revenue from its Blackwell and Rubin AI chips between 2025 and 2027, a huge amount for a company that in the year through January reported $216 billion in revenue. In making the projection, Huang was updating a projection from ...
Nvidia CEO Jensen Huang announced a new AI server system based on technology the company licensed last year from chip startup Groq, designed to make its AI servers more energy- and cost-efficient for tasks such as AI coding. This is the first time Nvidia has integrated another company’s AI ...
OpenAI is in talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to form a joint venture that would sell OpenAI’s tech to companies funded by the investment firms, according to a person with knowledge of the deal. OpenAI CEO of ...
War focuses attention on the present. That was very clear from a week’s worth of conversations in Washington with leaders at defense tech startups, traditional military contractors and people close to the Pentagon.
Until the U.S. and Israel attacked Iran, buzz was building around startups such as Anduril and Saronic that promised to deliver AI-infused autonomous weapons quickly and economically...