Alphabet's Google and global asset management firm Blackstone are launching a new joint venture dedicated to artificial intelligence cloud services, marking the pace of change in the artificial intelligence sector, a field that is increasingly transforming the way infrastructure is invested in. Formed on Monday, the alliance aims to address one of today's biggest technology …
The artificial intelligence arms race between the United States and China is moving into a crucial phase as a few Chinese technology firms are granted permission to buy Nvidia's latest H200 AI chips—and no deliveries have been made yet. It illustrates the ongoing political fraughtness between the world's two great powers even in the business …
A courtroom in Milan is now the latest theatre involved in the global hothouse controversy concerning the responsibilities of social media giants towards children's wellbeing. On Thursday, an Italian parents' association and several Italian families went before the city's business court for the first hearing of a class action lawsuit against Meta and TikTok. MOIGE, …
A trial that may shape the future of OpenAI, the maker of ChatGPT, is now in its final stage, with a lawyer for Elon Musk asking a federal jury to hold the company's leadership responsible for “betraying the mission of the organization” to create open-source AI tools. The case has garnered a lot of attention …
May 13 was a normal morning for employees at LinkedIn until midday, when they were inundated with meeting invites announcing news no one wanted to hear. The professional social network owned by Microsoft quietly bided its time to tell employees that some five per cent of its worldwide employees will be sacked. Many inside the …
The market listens when a company such as Alibaba is telling it that the returns from AI are already beginning to be realised. And listen it did. Alibaba's U.S.-listed stock rose seven percent after its executives announced that its plans to invest in artificial intelligence would no longer be a hedge against declining opportunities, but …
In a decisive move that reinforces France’s long-standing commitment to protecting its literary culture, the country’s highest administrative court, the Conseil d’État, has rejected an appeal by Amazon challenging the legality of a mandatory minimum delivery fee for books. The ruling, delivered on Wednesday, marks another chapter in France’s ongoing effort to balance the dominance …
It seemed like a sci-fi dream when the concept of constructing data centres in orbit was brought up, in space. Now, however, some of the world's largest technology companies seem poised to make that a reality. Google is reportedly in talks with SpaceX CEO Elon Musk to launch rockets, as part of a “new, ambitious …
Billionaire entrepreneur Elon Musk is embroiled in a legal battle with OpenAI CEO Sam Altman.Billionaire Elon Musk and tech chief Sam Altman are locked in a legal battle. The heart of the courtroom drama is whether OpenAI has reneged on its initial mission to make the best tools for humanity, or has shifted its focus …
In California, a significant legal fight is taking place between officials in Santa Clara County and Meta, alleging that the company is continuing to reap the benefits of fraudulent ads on Facebook and Instagram. The case has raised new questions about social media platforms' policies on scams online and if there is enough being done …
OpenAI is also making a significant move to bolster its efforts in the business tech segment with its new business arm and a whopping $4 billion investment. The new business will be dedicated to the creation, integration, and scaling of AI systems for organizations. OpenAI also announced its intention to buy AI consulting firm Tomoro, …
But as SpaceX nears its much-anticipated public debut, the company has attracted more attention than ever, not only because of its size, but because of the structure of power it will be establishing. Elon Musk is at the center of the discussion and will soon have the power in the company it has never had …
The United States government is assuming a more proactive role in learning about the risks of powerful artificial intelligence as the leading technology companies including Microsoft, Google and xAI agreed to provide early access to their newest AI models to evaluate their security. This action occurs against a backdrop where there is a growing worry …
Elon Musk having confidence in the future of Full Self-Driving technology in Tesla vehicles in Europe is running into a more muted, more apprehensive reality of the situation behind the scenes. Even as the company hopes to gain consent across the European Union, in-house communication among the regulators is much more cautious. Those debates show …
