Enterprise
OpenAI co-founder John Schulman says he will leave and join rival Anthropic
The ChatGPT chat screen on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, March 9, 2023. ChatGPT has made writing computer code and cheating on homework easier. Soon, it could make email scams a cinch. That’s the warning from Darktrace Plc, the British cybersecurity firm. Gabby Jones | Bloomberg | […]
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Britain cancels $1.7 billion of computing projects in setback for global AI ambitions
LONDON, UK – JUNE 12: The 9th edition of the Artificial Intelligence Summit kicks off with the participation of international technology companies, in London, United Kingdom on June 12, 2024. (Photo by Rasid Necati Aslim/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The U.K. government has canceled £1.3 billion ($1.7 billion) worth of […]
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Microsoft’s cloud is ‘no-brainer’ for some AI startups, helping Azure gain ground on AWS
EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in Palo Alto, California, in August 2023. EzDubs, a developer of language-translation technology, got started the way many tech startups get off the ground. It launched on public clouds from Amazon and Google. However, after EzDubs went through the Y Combinator […]
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DoorDash shares pop 13% on second-quarter revenue beat
A DoorDash driver on an electric bicycle wearing a cooler backpack with the skyline of San Francisco in the background. Smith Collection | Gado | Getty Images Shares of DoorDash popped 13% in extended trading on Thursday after the company reported second-quarter results that beat analysts’ expectations for revenue. Here is how the company did, […]
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Amazon’s cloud unit reports 19% revenue growth, topping estimates
Amazon Web Services CEO Matt Garman speaks during CNBC Power Lunch on July 1, 2024. CNBC Amazon said Thursday that revenue in its cloud division increased 19% in the second quarter, beating analysts’ estimates. The company reported revenue for Amazon Web Services of $26.28 billion. Analysts surveyed by StreetAccount had expected $26.02 billion. AWS is […]
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Intel to cut 15% of headcount, reports quarterly guidance miss
Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares slid 12% in extended trading on Thursday after the chipmaker said Thursday it would lay off over 15% of its employees as […]
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Meta shares pop 6% on earnings beat, rosy revenue forecast
Jaques Silva | Lightrocket | Getty Images Meta shares jumped 6% on Thursday after the company reported second-quarter earnings that beat Wall Street’s expectations and offered a rosy revenue forecast. Revenue in the period increased 22% to $39.07 billion from $32 billion a year earlier, Meta said late Wednesday. Analysts were expecting revenue of $38.31 […]
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Your health records are coming to new apps. Here’s why
The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC It’s about to get a lot easier for patients in the U.S. to access their own medical records. Health-care software vendor Epic Systems on Thursday announced that individuals will be able to securely release their health data to different apps they […]
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EU approves Hewlett Packard Enterprise’s $14 billion Juniper deal
The logo of the IT company Hewlett Packard Enterprise (HPE) can be seen in the company’s technology center at the door of a server cabinet. Picture Alliance | Getty Images The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise. The commission […]
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Microsoft says OpenAI is now a competitor in AI and search
Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Microsoft‘s relationship with OpenAI has officially become more complicated. On Tuesday, Microsoft added the artificial intelligence startup to the list of competitors in the […]
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