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What OpenAI’s New Deals Mean for Amazon, Microsoft and Nvidia

What OpenAI’s New Deals Mean for Amazon, Microsoft and Nvidia

OpenAI’s wide-ranging partnership with Amazon, announced on Friday as part of a bigger series of funding agreements valuing the company at $730 billion before the investment, means the ChatGPT creator will soon have two of the three biggest cloud firms pitching its services. But can both Amazon and Microsoft get a big boost without encroaching on each other’s territory? Then there’s the impact on Nvidia, which is putting in $30 billion as part of an expanded chip deal. OpenAI is discussing...

OpenAI to Raise an Additional $10 Billion in Funding From Financial Investors

The additional funding will bring OpenAI's valuation, including the investment, to $850 billion.

OpenAI Branches Out from Microsoft with New Products For Amazon’s Cloud

Amazon will serve some new OpenAI applications on its cloud, but the AI models that power those applications will still run on Microsoft Azure.

OpenAI Lines Up $110 Billion in Funding From Amazon, Nvidia, SoftBank

OpenAI says more financial investors will likely join the round.

xAI’s ‘Macrohard’ Chief Third Co-Founder to Leave This Month

Toby Pohlen is the latest high level staffer to leave xAI in recent weeks, coinciding with its acquisition by SpaceX.

Amazon and OpenAI Reach $50 Billion Investment Agreement

OpenAI committed to using Amazon's Trainium AI chips and to making Amazon's cloud unit the exclusive "third party" cloud provider of OpenAI's AI management tool Frontier.

Anthropic CEO Says Company Won’t Agree to Pentagon Demands

On Friday, Anthropic faces a deadline to agree to the Pentagon’s demands or potentially be forced to do so by law.

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Exclusive: Anthropic Says Daily Signups to Claude Chatbot Tripled Since November

Paid subscribers of Anthropic's Claude chatbot have more than doubled since October while free users have grown by 60% in the last month, the company said.

Block Cuts Workforce by 40% in AI Bet

Block plans to cut its 10,000-strong workforce to under 6,000 employees.

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The proposal would likely draw pushback from crypto companies.

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Netflix Drops Out of Bidding for WBD

WBD's decision gives Netflix four days to raise its offer or walk away.

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