AI Business·
The tech giant continues to roll out sovereign AI investments worldwide.
Read full articleTrump's visit could ease economic tensions but risks remain in tech, Taiwan, and Iran, impacting global markets and geopolitical stability. The post Trump to visit China for summit with Xi on May 14-15 amid global tensions appeared first on Crypto Briefing.
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months.…
OpenAI CEO Sam Altman and Microsoft CTO Kevin Scott. | Image: Getty Images When OpenAI was busy experimenting with AI-powered gaming bots, Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman were in the early days of forming an AI partnership. Court documents from the ongoing Musk v. Altman trial have provided a rare look at the communications between Microsoft's top executives about investing in OpenAI and fears the AI startup could "storm off to Amazon" and "shit-talk" Microsoft. Just days after OpenAI showed a bot beating a Dota 2 professional in the summer of 2017, Altman responded to Nadella's congratulations email with a proposal for a much bigger partnership with OpenAI to fund its next phase of AI resear … Read the full story at The Verge.
TCI has cut its position in tech giant from 10% to 1%
Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value
Leaders at the tech giant were skeptical of OpenAI—but wary of pushing it into the arms of Amazon, according to emails dating back to 2018.
Kalshi has another billion dollars to play with as the U.S. prediction market leader continues to grow at a rapid pace.
