French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Mistral's existing investors include Andreessen Horowitz, Lightspeed Ventures and Microsoft Corp, which has also backed AI startup OpenAI. Mistral did not immediately respond...
Microsoft has announced a new five-year deal with The Coca-Cola Company, which plans to spend a total of $1.1 billion during that time to access Microsoft's cloud and generative AI services.
The new Coca-Cola $1.1 billion deal looks to incorporate Microsoft's AI in potentially improving its beverage-making services.
The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.
HSF's board is unanimously recommending this offer to shareholders Source
Sam Altman, CEO of OpenAI, addressed an audience of over one thousand people about his vision for the future of AI and its implications on society.
Microsoft laid out $1.5 billion for a stake in UAE-based G42 in a deal that gave the tech giant a seat on the AI company’s board.
Elon Musk's AI company xAI will raise billions from tech VCs.
Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.
The activist hedge fund led by Paul Singer has exposure to almost 33.6 million Anglo American shares via derivatives, per a filing.
Sam Altman, OpenAI's CEO, Microsoft chief Satya Nadella, Alphabet CEO Sundar Pichai are joining the government's Artificial Intelligence Safety and Security Board, according to The Wall Street Journal. They're also joined by Nvidia's Jensen Huang, Northrop Grumman's Kathy Warden and Delta's Ed Bastian, along with other leaders in the tech and AI industry. The AI board will be working with and advising the Department of Homeland Security on how it can safely deploy AI within the country's...