SoftBank could steal Microsoft's title as the exclusive cloud provider and largest investor to OpenAI as $500B "Stargate" projects a $20B loss by 2027
A report suggests a rift between Microsoft and OpenAI, further indicating that the latter may be drifting away from Microsoft ...
Datacenter Dynamics22h
OpenAI looking to shift compute needs from Microsoft to SoftBank by 2030 – report
According to a report from The Information, OpenAI recently told investors that it expects SoftBank-backed Stargate to ...
The Shib Daily2h
Microsoft Cancels Data Leases, Fueling OpenAI Stargate Pullout Rumors
The latest TD Cowen report shows that Microsoft has been canceling data center leases, hinting the tech giant faces an ...
Alibaba commits US$53 billion for AI infrastructure in largest private computing project
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Current and Former Scale AI Contractors Allege ‘Wage Theft’ in Letter to U.S. Senators
Scale’s former managing director will appear this week in a Senate confirmation hearing for the White House’s top science ...
Microsoft reiterates plan to invest $80 billion in AI, but may ‘adjust our infrastructure in some areas'
Microsoft hasn’t backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure ...
The Register on MSN10h
Despite Wall Street jitters, AI hopefuls keep spending billions on AI infrastructure
Sunk cost fallacy? No, I just need a little more cash for this AGI thing I’ve been working on Comment Despite persistent ...
MoneyWeek19h
No need to run from the robots: Nobel laureate Daron Acemoglu talks to MoneyWeek
Daron Acemoglu, Nobel Prize winner and professor at MIT tells Matthew Partridge why the gains from AI have been overhyped ...
americanbazaaronline.com18h
Apple invests $500 billion in US economy, creating 20,000 new jobs
The iPhone-maker aims to hire 20,000 new employees focused on research and development, silicon engineering, artificial ...