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Tech News
Coreweave CEO defends AI circular deals as ‘working together’
It’s been quite the year for Coreweave. In March, the AI cloud infrastructure provider went public in one of the…
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Amazon challenges competitors with on-premises Nvidia ‘AI Factories’
Amazon announced a new product Tuesday called “AI Factories” that allows big corporations and governments to run its AI systems…
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Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor
The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor…
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AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal
AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively…
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Leaked documents shed light into how much OpenAI pays Microsoft
After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked…
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People Inc forges AI licensing deal with Microsoft as Google traffic drops
People Inc., one of the largest media publishers in the U.S., has signed an AI licensing deal with Microsoft. The…
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Microsoft inks $9.7B deal with Australia’s IREN for AI cloud capacity
Microsoft is leaving no stone unturned in its quest to secure more compute capacity for meeting its customers’ heavy demand…
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Sam Altman says ‘enough’ to questions about OpenAI’s revenue
OpenAI CEO Sam Altman recently said that the company is doing “well more” than $13 billion in annual revenue —…
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Apple and Microsoft are now both worth more than $4T
Apple and Microsoft are now both worth more than $4 trillion each. This is the first time Apple’s market capitalization…
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