Amidst founder exits, OpenAI secures $6.6 Billion for global AI domination

OpenAI has recently raised an impressive $6.6 billion, elevating its valuation to a staggering $157 billion. This significant funding round, led by Thrive Capital and backed by investments from industry…

Continue ReadingAmidst founder exits, OpenAI secures $6.6 Billion for global AI domination
Read more about the article US government to vet reports from AI developers, cloud providers
Secretary of Defense Lloyd J. Austin III, Secretary of State Antony J. Blinken and Secretary of Commerce Gina M. Raimondo in provide testimony at the Senate Appropriations Committee hearing on "A Review of the President's Fiscal Year 24 Budget Request: Investing in US Security, Competitiveness, and the Path Ahead for the U.S.-China Relationship," Dirksen Senate Office Building, Washington, D.C., May 16, 2023. (DoD photo by Chad J. McNeeley)

US government to vet reports from AI developers, cloud providers

The US Department of Commerce has unveiled new proposed regulations aimed at increasing oversight of cloud providers and artificial intelligence (AI) developers. The rule mandates that entities engaged in developing…

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OpenAI valuation could exceed $100 billion, thanks to new investments from Apple, and others.

Apple and Microsoft are reportedly considering a significant investment in OpenAI, the company that took the world by storm with its advanced generative AI platforms, including ChatGPT. According to reports…

Continue ReadingOpenAI valuation could exceed $100 billion, thanks to new investments from Apple, and others.

Cassava Technologies launches AI solution to drive digital innovation in MEA, LATAM countries

Infrastructure and digital services provider Cassava Technologies has unveiled Cassava AI, a new business unit focused on artificial intelligence. This expansion builds on the company’s existing partnerships with major tech…

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Microsoft innovates on direct-to-chip cooling, reduces data center water intensity by over 80%

Microsoft is pushing the envelope in data center efficiency with its latest innovations in cooling technology. The tech giant is adopting direct-to-chip liquid cooling and investigating the potential of microfluidics…

Continue ReadingMicrosoft innovates on direct-to-chip cooling, reduces data center water intensity by over 80%