Cisco Sytems offered more than $20 billion to purchase Splunk Inc in what would have been Cisco’s largest deal ever, the Wall Street Journal reported . The offered was made recently, but the two are not currently in active talks, the Journal reported. The move matters because Cisco, the biggest seller of networking gear for data centers, last year set a goal to derive half of its sales from...
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How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI, the startup Microsoft funded in exchange for the right to use its cutting-edge technology. But as the costs of running advanced AI models rise, Microsoft researchers and product teams are working on a plan B. In recent weeks, Peter Lee, who oversees Microsoft’s 1,500 AI...
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