Big Tech AI spending spree tops $1tn
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
Auto Added by WPeMatico
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
After a sharp sell-off, South Korea’s stock market rallied as concerns about overspending on artificial intelligence eased, sending the country’s chip shares higher.
In Another Wild Day for South Korean Stocks, Market Surges 15 Percent Read More »
AI hasn’t resulted in widespread productivity gains. Business leaders say that’s changing
Will AI solve the productivity puzzle? With Nick Bloom Read More »
Anthropic said three versions of its Claude AI model gained unauthorised access to external organisations during safety tests after a configuration error exposed them to the internet, days after OpenAI disclosed similar security failures. The incident is likely to intensify concerns over increasingly autonomous AI systems and calls for stronger safeguards around the industry’s most
AI safety scare: Anthropic says Claude models accessed outside systems during testing Read More »
avatarin uses OpenAI’s GPT-Realtime to give Yamada Denki shoppers 24/7 multilingual support. In two weeks, 30,000 people used the agent and 92% of survey responses were positive.
How avatarin built a 24/7 retail agent with GPT-Realtime Read More »
The $20bn hedge fund manager’s wild ride ended with a call to Ken Griffin
How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low Read More »
The disclosure followed OpenAI’s report last week that its own artificial intelligence had hacked into the network of an online library.
Anthropic Says Its A.I. Systems Broke Into Computers at 3 Organizations Read More »
As fears spread over a possible artificial intelligence bubble, some tech investors say: Bring it on.
Sweetened terms reflect shifting power dynamics as lenders grow cautious on AI risks
CoreWeave bows to investor pushback on debt linked to Anthropic contracts Read More »
Amazon joined a procession of tech giants that ramped up their spending on artificial intelligence, as its capital expenditures soared 69 percent. Concerns over the industry’s spending are mounting.
Big Tech’s A.I. Spending Keeps Rising. So Do the Jitters. Read More »