Nvidia and OpenAI deepen partnership as chipmaker bets up to $100 billion on AI infrastructure

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Dario Amodei cites distrust in Sam Altman for leaving OpenAI

The trust issues between AI leaders highlight the critical impact of leadership dynamics on corporate strategies and investor confidence. The post Dario Amodei cites distrust in Sam Altman for leaving OpenAI appeared first on Crypto Briefing.

Jun 11, 5:45 AM

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OpenAI considers price cuts to compete with Anthropic, WSJ reports

OpenAI's potential price cuts highlight the intense competition in AI, raising questions about long-term financial sustainability and market strategy. The post OpenAI considers price cuts to compete with Anthropic, WSJ reports appeared first on Crypto Briefing.

Jun 11, 5:29 AM

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European companies’ margins set to expand for first time since 2022

European firms' margin expansion signals a shift, driven by AI and energy, yet revenue growth lags, posing challenges for sustained gains. The post European companies’ margins set to expand for first time since 2022 appeared first on Crypto Briefing.

Jun 11, 4:46 AM

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Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom

Assistant minister agrees concerns over resource usage are legitimate but argues Australia cannot ignore ‘consequential’ economic wave Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Australia should learn from the mistakes of the resources boom and set the terms for the AI and datacentres boom, the assistant minister for the digital economy, Andrew Charlton says. Growth in datacentres has exploded in the past two years, Charlton told the Sydney Institute on Wednesday night, with 44 projects in the pipeline in New South Wales alone seeking 11GW of capacity on the electricity grid. Continue reading...

Jun 11, 4:27 AM

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Opendoor’s India exit is fueling a bigger conversation about AI and outsourcing

The decision comes as India emerges as the world’s largest GCC market.

Jun 11, 4:02 AM

FT AIuk technology governance boards

Four in five UK boards discussing which decisions should be led by AI

Business experts worry governance processes are failing to keep pace with the technology

Jun 11, 4:00 AM

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OpenAI links ChatGPT accounts tied to China to efforts undermining US AI competitiveness

The incident highlights the intensifying US-China tech rivalry, emphasizing the need for vigilance against foreign influence in AI discourse. The post OpenAI links ChatGPT accounts tied to China to efforts undermining US AI competitiveness appeared first on Crypto Briefing.

Jun 11, 2:43 AM

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Kuwait intercepts hostile aerial targets as Gulf tensions escalate, and crypto markets are watching

Escalating Gulf tensions could destabilize energy markets, impacting global supply chains and investor sentiment, including in crypto sectors. The post Kuwait intercepts hostile aerial targets as Gulf tensions escalate, and crypto markets are watching appeared first on Crypto Briefing.

Jun 11, 2:24 AM