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AI models are becoming ever more capable, but exactly what enterprise adoption will look like remains a big question. In a bid to shape that future, labs like Anthropic and OpenAI have spun up separate businesses dedicated to deploying AI engineers to their customers’ offices — a bet that assisting businesses in figuring out how…
Physical badges used to be all you needed for identity management at a company. But with humans now working alongside machines and AI agents in digital environments, even the identity tools built for the cloud era are proving inadequate. That’s the gap Israeli startup Oak is stepping out of stealth to fill, it says. Co-founded…
Reflection AI, a U.S. startup vying to develop open models, has signed a $1 billion compute deal with European AI infrastructure company, Nebius. Nebius, formerly the international arm of Russian tech giant Yandex, will provide Reflection access to Nvidia’s latest chips. The deal comes just a few weeks after the startup signed a similar deal…
Of all the debates raging about the potential downsides of AI, there is one worry causing the most hand-wringing among AI enthusiasts in Silicon Valley. Their fear is that the giant AI labs that sell proprietary models are somehow acting like Trojan horses. The concern is that, as startups and enterprises use AI models from…
The AI chip boom just produced its biggest Wall Street moment yet. SK Hynix, a South Korean memory chip giant, said Friday it has raised $26.5 billion (KRW 40 trillion) in its U.S. market debut. SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so U.S. investors can buy in at…
On Monday, Decagon CEO Jesse Zhang published a provocative new theory, posted under the title “Everyone is wrong about open source AI in the enterprise.” The post grapples with one of the most interesting contradictions of today’s AI economy: More mature AI deployments are switching to lighter models, he says, even at his own company….
Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears that AI will replace people at companies. The layoffs will hit Xbox and commercial sales the hardest, with Xbox losing 1,600 staffers today, according to memos shared with Microsoft’s staff. Here’s…
Indian serial entrepreneur Bhavin Turakhia is making a $30 million personal bet that there is still room for another enterprise AI company. His new venture, Neo, is built on a simple premise: workplace software designed before the AI era cannot simply be upgraded with chatbots — it has to be redesigned from the ground up….
Chamath Palihapitiya, best known for his venture capital firm Social Capital and the All-In podcast, announced Monday that the AI coding startup he founded raised a sizable Series A. The company, 8090 Labs, closed a $135 million round led by Salesforce Ventures with participation from Jeffrey Katzenberg’s WndrCo; David Sacks’ Craft Ventures; fellow All-In hosts…
Amazon on Thursday said it would invest an additional $13 billion to expand its AI and cloud footprint in India through 2030. The fresh investment, announced after Amazon CEO Andy Jassy met India’s Prime Minister Narendra Modi in New Delhi, will fund the expansion of Amazon Web Services’ data center capacity in Mumbai and Hyderabad….