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AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports
1+ day, 9+ hour ago (147+ words) Sept 11 (Reuters) – AI startup Discovery Loop is seeking to raise funds again at a valuation of $50 billion, the Business Insider reported on Friday, citing people familiar with the matter. • Terms of the deal could change, and there is no guarantee…...
Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports
2+ day, 10+ hour ago (206+ words) Sept 10 (Reuters) – Microsoft plans to build out its data-center capacity to about 38 gigawatts by 2032, more than triple its current footprint, Bloomberg News reported on Thursday, citing people familiar with the matter. • According to the report only about 2 gigawatts of the…...
AI Has Created 1 Million New Jobs In The US - Lunch Alert!
2+ day, 15+ hour ago (49+ words) Trump Considers Giving Married Couples With Stay-at-Home Moms Child Care Subsidies – Lunch Alert! ACLU Stole Prosecution Agency From 9/11 Mastermind – Lunch Alert! Europe’s Heat Wave Is Killing Without Air Conditioning – Lunch Alert! Chief Justice Roberts Is In Ethical Trouble – Lunch Alert!...
NEW WARNING FROM OPEN AI RESEARCHERS.
2+ day, 19+ hour ago (11+ words) The Greatest News Site On The Internet. Home of CFP Nation....
Clay valued at $7.1 billion in latest funding round as AI agent startups run hot
3+ day, 16+ hour ago (205+ words) Sept 9 (Reuters) – Software startup Clay, whose AI tools help automate sales and marketing tasks, said on Wednesday it raised $115 million at a $7.1 billion valuation, more than twice as much as it was valued a year ago, as investors pile into…...
One Million Jobs, Zero Apocalypse: How AI Is Outpacing Layoffs and Rewriting the Labor Market
4+ day, 4+ hour ago (198+ words) The panicans, thus far, have been proven wrong once again. Despite mass bipartisan fears of an unemployment crisis thanks to the technological advancements made in artificial intelligence, advancements in AI have created about one million American jobs, according to The…...
Global AI infrastructure spending could top $31T, PwC estimates
4+ day, 6+ hour ago (151+ words) AI infrastructure spending could exceed $31 trillion through 2050, as firms forge ahead with a flurry of data center deals. Global AI infrastructure spending could top $31T, PwC estimates Global AI infrastructure spending could exceed $31 trillion through 2050, PwC analysts projected, as firms forge…...
New Open AI version tells the truth about itself.
4+ day, 18+ hour ago (11+ words) The Greatest News Site On The Internet. Home of CFP Nation....
Huawei heads to trial in US over its business dealings in Iran
4+ day, 23+ hour ago (647+ words) NEW YORK, Sept 8 (Reuters) – Eight years after U.S. prosecutors secretly charged China’s Huawei Technologies with defrauding HSBC and other banks over its business with Iran, the case is finally heading for trial. Huawei also faces charges for conspiring to steal…...
AI is not yet driving US job losses
5+ day, 5+ hour ago (152+ words) The latest US employment figures have failed to show an AI-driven surge in job losses, suggesting theories of a “jobpocalypse” are premature. AI is not yet driving US job losses The latest US employment figures have failed to show an…...