House Minority Leader Kevin McCarthy is working with Treasury Secretary Steven Mnuchin to get further guidance on the Paycheck Protection Program loans administered through the Small Business Administration, a spokesman told The Information Monday. Rep. McCarthy is hoping for expanded guidance tied to the agency’s “affiliation” rules within a day or two, the spokesman said. While a few...
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Oracle’s Answer to the Microsoft-OpenAI Alliance: Cozying Up to Cohere
Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access...
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