Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Artificial intelligence can do a lot of things. Getting us on an exercise bike doesn’t appear to be one of them.
Wall Street’s smart money is starting to take out some short positions on the AI trade, albeit mostly around the industry’s fringes.
Amazon is seeking to patent AI that refreshes itself, knows what topics you care about and tailors responses to your queries accordingly.
Nvidia faced “the tough task of meeting high earnings expectations and high skepticism around AI capex,” per analysts at Bank of America.
Executives are touting Gemini 3, which comes eight months after the chatbot’s 2.5 model, as a “massive jump” for AI.
Bezos, the third-richest person in the world, will serve as co-chief executive and co-founder alongside physicist and chemist Vik Bajaj.
Sam Altman has begun floating the idea that the company could hit $100 billion in revenue by 2027, ahead of previous projections.
AI-assisted code editing startup Cursor became one of the most valuable firms in the booming sector overnight with a $29 billion valuation.
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.
CFO Yoshimitsu Goto said on an earnings call that SoftBank’s divestment had “nothing to do with Nvidia itself.”
As startups choose to stay private even as their valuations reach eye-popping levels, investors want a peek behind the private-market curtain.
The $38 billion deal with Amazon is somehow small potatoes compared to some of OpenAI’s other gigantic agreements.
The White House hinted early Wednesday morning that Nvidia may regain greater access to the massive Chinese market.
After long deliberations, OpenAI is finally transforming from a non-profit entity into a for-profit company — with Microsoft still involved.