Training the AI robots that can interact in the physical world requires a gargantuan set of relevant training data that doesn’t yet exist.
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As the AI bull run threatens formerly high-growth sectors like software, investors seek safety in HALO companies out of the tech’s reach.
The plan is to bring the infamous power plant back online sometime next year to service a nearby glut of power-hungry Microsoft data centers.
In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.
40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.
Running AI agents around the clock can consume hundreds of millions, or even billions, of tokens (units of data) a week.
The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.
Last month, Coreweave, the largest independent neocloud company, reported its first-quarter revenue doubled to $2.1 billion.
Salesforce points to record revenue of $11.1 billion and its own embrace of artificial intelligence to dispel SaaSpocalypse worries.
High-bandwidth memory now accounts for roughly two-thirds of the total AI chip component cost, up from about 50% in early 2024.
SoftBank is one of OpenAI’s top shareholders, having built up a $64.6 billion, 13% stake in the ChatGPT maker.
Anthropic recently told investors it solved the seemingly equally-intractable arithmetic problem of running an AI company that makes money.
Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.
Blackstone, already the world’s largest private owner of data centers, will provide an initial $5 billion investment.
The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.
Amazon put Rufus to work in 2024 and said more than 300 million shoppers were consulting the AI bot on their buys in 2025.