Good morning. OK, give your ChatGPT prompt window a rest for two seconds, because it’s pop quiz time. The question: What share of U.S. executives and managers—that is, not rank-and-file employees—use unapproved AI tools at work? Make your best guess, then find the answer below in “Endstop triggered.” Today’s tech news follows. Have a wonderful…
Former British prime minister Rishi Sunak will take up senior advisory roles at US companies Microsoft and Anthropic — an artificial intelligence startup — according to a UK government document published Thursday. Sunak will be a part-time senior adviser at Microsoft, which will involve “providing high-level strategic perspectives on macro-economic and geopolitical trends”, according to…
Depending on who you ask, we’re in the midst of an AI bubble or an AI boom. OpenAI (OPAI.PVT), a company that hasn’t turned a profit, is spending billions building out data centers to power its artificial intelligence offerings. On Monday, the company inked a multiyear, multibillion-dollar deal with AMD (AMD) that will see the…
The world’s first commercial underwater data centre is now operational in China’s Hainan, as the island province pushes to attract foreign investment by expanding the blue economy in the country’s largest pilot free-trade zone. The servers manage digital services from restaurant recommendations to travel hacks, and will be installed in a 1,300-tonne underwater data cabin…
Palantir and Anduril’s upcoming services may be a concern for the US Army. A recent memo sent by the US Army (seen by the news agency Reuters) has warned about “fundamental security” problems in the new battlefield communications network being developed by Silicon Valley companies, including Palantir and Anduril. The internal Army memo stated the…
Power-hungry data centres run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing’s energy woes. On a wharf near the city, workers were finishing off the large yellow capsule – a foray into alternative tech infrastructure that faces questions over its…
(Bloomberg) — Amazon.com Inc.’s cloud-computing business has helped propel its shares for almost two decades, but increasing pressure from rivals like Microsoft Corp. and Oracle Corp. is sapping some of the stock’s appeal. Most Read from Bloomberg The proliferation of artificial intelligence has led to an explosion of demand for cloud hyperscalers, where Amazon Web…
(Reuters) –Microsoft (MSFT) Chief Commercial Officer Judson Althoff will take on an expanded role as CEO of commercial business, freeing up company chief Satya Nadella to focus more on the technical side of the business in the tech giant’s quest to dominate the AI race. Althoff will lead what Microsoft CEO Nadella called a new…
This article first appeared on GuruFocus. Microsoft (MSFT, Financials) is streamlining how companies buy and use its AI tools. The tech giant said it has merged its separate marketplaces one aimed at developers on Azure and another for AI-powered workplace apps into a single store called Microsoft Marketplace. The new platform launched in the U.S….
In Q2, billionaire investor Bill Gates executed major stock trades worth over $4 billion (£2.9 billion) in two companies. According to the latest filings with the US Securities and Exchange Commission, Bill Gates purchased 6.95 million shares of Berkshire Hathaway Class B (NYSE: BKR.B) shares for the quarter ended 30th June, increasing his stake in…