Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. That’s according to a report Sunday (May 12) by Seeking...
In a move that underscores the growing global interest in artificial intelligence (AI), Microsoft has announced an investment of $1.7 billion over the next four years...
The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE,...
The head of Microsoft’s Bing search engine and ad business is reportedly leaving that role. Mikhail Parakhin’s departure — the subject of a Monday (March...
Investors are reportedly lining up to purchase FTX’s stake in artificial intelligence (AI) company Anthropic. But as CNBC reported Friday (March 22), sources say that while the company...
Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space. In an interview with the Financial Times Monday (March 11), CEO Steve...
Singapore’s state-owned investment group Temasek is reportedly in talks to back OpenAI. Assuming a deal went forward, it would mark the first time the artificial intelligence (AI) company...
For Mamoon Hamid and Ilya Fushman, hearing investment pitches means hearing about AI. The two venture capital (VC) veterans talked about the funding landscape and their firm Kleiner Perkins in a...
Artificial intelligence startup Anthropic has reportedly forecast revenues of more than $850 million next year. That’s according to a report Tuesday (Dec. 26) by The Information, citing...