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OpenAI Clinches AWS Deal in Bid to Win Government ContractsExclusive

OpenAI Clinches AWS Deal in Bid to Win Government Contracts

OpenAI on Friday signed a new contract with Amazon Web Services to sell its AI to U.S. government employees for both classified and unclassified work, according to two people with direct knowledge of the agreement. The contract will allow OpenAI to support the Pentagon through a deal it hastily won late last month after the agency ditched its current AI provider, Anthropic. AWS is already a large cloud provider to numerous U.S. agencies and has agreed to sell OpenAI products to other U.S....

Microsoft Overhauls AI Leadership, Nadella to Take More Direct Oversight of Copilot

Executives overseeing both consumer- and business-focused versions of Copilot will now form a “Copilot leadership team” reporting to Nadella.

Mastercard to Buy Stablecoin Startup BVNK for Up to $1.8 Billion

The deal represents Mastercard’s biggest move into stablecoins.

Alibaba Consolidates AI Businesses Under New Division Led by CEO

The Chinese tech giant’s reorganization follows the recent departure of a key researcher who led its AI model development.

As Anthropic Surges, OpenAI Exec Tells Staff to Focus on Business Customers

The comments resembled a 'code red.'

Nvidia Unveils NemoClaw Agent Software

NemoClaw is one of a growing number of OpenClaw-like agents aimed at business customers.

Intuit Leaders Cancel Stock Sales

Intuit shares have picked up 15% since the firm last month reported financial results.

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Nscale to Buy Developer of Massive West Virginia AI Data Center Campus

Nscale also signed a deal to rent out Nvidia servers to Microsoft.

Nvidia CEO Projects $1 Trillion in Chip Revenue Through 2027

Huang was updating a projection from last year when he said that Nvidia expected $500 billion in revenue from sales of its latest AI chips, the Blackwell and Rubin, between 2025 and 2026.

Nvidia Unveils Groq-Based Chip System to Speed Up AI Tasks Like Coding

It’s a tacit admission that Nvidia graphics processing units may not always be the best option for certain AI workloads.

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OpenAI In Talks With Private Equity Firms to Form Joint Venture

OpenAI and Anthropic are increasingly courting PE firms because of those firms’ influence in businesses, whom the AI makers are trying to turn into customers.

Meta to Spend $27 Billion on Nebius AI Data Centers

The deal underscores Meta’s appetite for greater compute capacity to support the development of its AI services.

China’s Second-Largest Chipmaker Develops Technology to Produce AI Chips

Hua Hong Group’s breakthrough shows U.S. export controls haven’t stopped China from making progress in advanced chip manufacturing.

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Ex-Uber CEO Kalanick Plots Self-Driving Car Firm with Uber Funding

Kalanick is also talking about potentially acquiring a self-driving tech startup run by Anthony Levandowski, Uber's former self-driving car chief.
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