OpenAI has closed the largest funding round in the history of the tech industry, securing $122 billion for AI infrastructure development and global expansion.
The agreement includes joint research, data sharing on the economic impact of AI, and funding for scientific projects in medicine and education.
AI: Events
900 MW for AI: Crusoe Is Building a Giant Data Center in Texas for Microsoft
Infrastructure
Crusoe has announced the construction of a massive 900 MW AI campus in Abilene, Texas, to support Microsoft's infrastructure needs.
AMD Ventures has invested in World Labs, a startup developing spatial intelligence technologies for generating and understanding the 3D world.
Google is strengthening the security of open-source software by introducing new tools, investments, and AI-driven approaches to combat code vulnerabilities.
AI: Events
OpenAI and Microsoft Have Revised Their Partnership Terms: What's Changed and Why?
Business
OpenAI and Microsoft have updated the terms of their long-term collaboration. The companies have rethought their partnership structure amid industry growth and shifting goals.
OpenAI has announced it has raised $110 billion in new funding at a pre-money valuation of $730 billion. The funds were provided by SoftBank, NVIDIA, and Amazon.
OpenAI and Amazon have formed a strategic partnership to bring OpenAI models to the AWS cloud, providing businesses with new tools to leverage AI.
The company secured investment to scale world simulation technologies and develop generative AI-based products.