Krystal Hu

OpenAI is continuing to attack Anthropic's home turf by trying to capture the most valuable use case in AI: coding.

Data startup Snorkel AI has raised $350 million in fresh funding at a $3.5 billion ​valuation, its CEO Alex Ratner told Reuters, as booming demand from frontier AI labs for increasingly complex training data ‌and simulated environments fuels rapid growth.

Nvidia is considering investing up to $10 billion in what could the largest IPO in history.

At Goldman Sachs’ annual tech investor gathering, Communacopia + Technology Conference, in San Francisco this week, who wasn’t in the room mattered almost as much as who was.

OpenAI is pushing its AI into specialized industries and undercutting open-source rivals on cost, Chief Financial Officer Sarah Friar ​said on Monday, as the ChatGPT maker sees accelerating enterprise growth.

ChatGPT maker OpenAI is offering private-equity firms a sweeter deal than rival Anthropic as both artificial ​intelligence companies court buyout firms to form joint ventures aimed at raising fresh capital and accelerating adoption of enterprise AI products, according to people familiar with the ‌talks.

AI startup Thinking Machines Lab said on Tuesday it has struck a multi-year partnership with Nvidia that will see it receive a ​significant investment and procure at least one gigawatt of the chipmaker's ‌next-generation processors.

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CoreWeave expects capital expenditure to double this year, it said on Thursday, as it spends heavily to scale up its AI cloud platform to handle the massive computing power its customers demand for training and deploying advanced AI models.

OpenAI is expanding its push into the enterprise market by teaming up with four of the world’s largest consulting firms, betting that a more hands-on approach will help corporate clients move beyond pilot projects to full-scale AI deployments.