Extreme heat in Japan and Australia. Flash floods in Texas and across Europe. Billion-dollar-damaging storms in the Caribbean and Southeast Asia. Weslynne Ashton is a professor of environmental ...
OpenAI is taking an ownership stake in Thrive Holdings, whose parent company is one of the AI giant’s major investors, Thrive Capital. Thrive Holdings operates like a private equity firm for AI, ...
Nvidia (NVDA) sent a memo to Wall Street analysts over the weekend arguing that it is not engaged in vendor financing, a controversial practice in which suppliers invest in or extend loans to their ...
Circular deals are straightforward in theory but unusually powerful in practice. An AI company receives immense investment from a tech giant and then commits to spending that money back with the same ...
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Sam Altman, the chief executive of OpenAI, says that technological revolutions are driven by more than just technology. They are also driven, he argues, by new ways of paying for them. “There is ...
Artificial intelligence is reshaping the world, but some of its most important changes are happening offstage. While models become more powerful and capabilities grow, a handful of dominant companies ...
AI firms signed major deals with chipmakers, but the agreements raised concerns that industry funding is increasingly circular — and possibly concealing a bubble. Elon Musk’s xAI raised $20 billion, a ...
Skeptics of a recent investment spree involving OpenAI and others say deals raise questions about the robustness of the artificial intelligence boom. By Andrew Ross Sorkin Bernhard Warner Sarah ...
The government’s Rs1.225 trillion syndicated financing deal with 18 banks — the largest in Pakistan’s history — is being trumpeted as a landmark move to ease the power sector’s crippling circular debt ...
Nvidia will invest as much as $100 billion in OpenAI to help the ChatGPT maker support a massive build-out of data centers equipped with Nvidia’s chips. The deal has revived fears of an AI bubble and ...
King's College London provides funding as a member of The Conversation UK. We extract more than 100 billion tonnes of raw materials from Earth each year, then throw most of them away. The “circular ...
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