Artificial Intelligence

Artificial Intelligence

Trillion-Dollar Questions Bubble to the Top for OpenAI

Photo via Florian Gaertner/picture alliance / BMF/photothek.de/Newscom

Sam Altman has begun floating the idea that the company could hit $100 billion in revenue by 2027, ahead of previous projections.

2 min read

Photo via AndreyPopov/Newscom

Artificial Intelligence

Startup Cursor Rides AI Coding Vibes to $29B Valuation

AI-assisted code editing startup Cursor became one of the most valuable firms in the booming sector overnight with a $29 billion valuation.

2 min read
Photo via U.S. Patent and Trademark Office

CIO Upside

Nvidia Wants to Balance Workloads Between GPUs

The system Nvidia wants to patent would spread out and balancing GPUs’ capacity to help avoid problems as demand ramps up in AI data centers.

1 min read
Photo via Koichi Mitsui/AFLO/Newscom

Artificial Intelligence

SoftBank Dumps $5.8B Nvidia Stake to Subsidize Other AI Bets

CFO Yoshimitsu Goto said on an earnings call that SoftBank’s divestment had “nothing to do with Nvidia itself.”

2 min read

Artificial Intelligence

ChatGPT to Help PitchBook Subscribers Delve into Startups’ Financial Data

Photo via imageBROKER/Timon Schneider/Newscom

As startups choose to stay private even as their valuations reach eye-popping levels, investors want a peek behind the private-market curtain.

1 min read

Artificial Intelligence

Microsoft, OpenAI (Finally) Finalize Terms of Not-Quite Divorce

Photo via Mattie Neretin/Sipa USA/Newscom

After long deliberations, OpenAI is finally transforming from a non-profit entity into a for-profit company — with Microsoft still involved.

2 min read

Finance

Good Omen, or Bad? Tesla Opens Mag 7 Earnings Season to Mixed Reviews

Photo by Bram van Oost via Unsplash

The all-powerful cohort continues to define the broader market, which has officially been placed on the “bubble watchlist.”

2 min read

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