Tag: AI investments
Why Wall Street is questioning big tech’s AI spending ahead of Microsoft and Meta earnings
Wall Street is becoming less convinced that Big Tech’s huge AI spending will pay off soon. Investors now want proof that billions of dollars being…
Groww grants Esops worth around Rs 51 crore after strong Q4 results
Fintech firm Groww has issued a fresh lot of 24.32 lakh employee stock options (Esops) on April 20, according to a stock exchange filing. The…
Canada’s Cohere, Germany’s Aleph Alpha in merger talks: Report
Artificial intelligence companies Cohere of Canada and Aleph Alpha of Germany are in talks to merge and have Berlin’s support for a potential deal, newspaper…
OpenAI doesn’t want a US bailout, Sam Altman says amid fears of an AI bubble| Business News
Sam Altman has pushed back at the idea that OpenAI Inc. would seek federal guarantees to reduce the risk of its AI infrastructure spending spree,…
OpenAI wants US government loans to fund its AI investments of over $1 trillion| Business News
ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually…