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OpenAI Partners with Anduril to Enhance AI in National Security Missions
OpenAI has partnered with defense contractor Anduril to enhance counter-unmanned aircraft systems, focusing on real-time detection and response to aerial threats. This collaboration follows OpenAI's recent policy shift allowing military use of its AI tools, despite ongoing concerns from tech workers about ethical implications in military applications.
justice department seeks to break up google's dominance in tech industry
The Justice Department's push to break up Google could significantly impact its vast empire, particularly its ad-driven search engine, which generated $175 billion in 2023. Proposed limitations may affect Google's connections with YouTube and its digital ads business, potentially altering the tech landscape. Legal experts suggest that while the DOJ's requests are ambitious, the likelihood of the court ordering divestitures remains slim.
wflake shares surge 19 percent on strong earnings and revenue growth
Snowflake shares surged 19% in after-hours trading following a strong fiscal third-quarter report, with earnings per share of 20 cents and revenue of $942 million, both surpassing expectations. The company reported a net loss of $324.3 million but projected a 29% growth in product revenue for fiscal 2025, alongside a focus on cost-saving measures. Snowflake also announced a partnership with AI startup Anthropic and the acquisition of Datavolo.
google anthropic ai partnership cleared by uk antitrust agency
Google"s partnership with AI firm Anthropic has been cleared by the UK antitrust agency, which determined that the deal does not warrant a full investigation under merger rules. The Competition and Markets Authority concluded that Google has not gained "material influence" over Anthropic following its $2 billion investment and a significant cloud agreement.
greg brockman returns to openai after sabbatical amid executive departures
OpenAI co-founder Greg Brockman has returned as president after a three-month sabbatical, announcing his comeback on X. His return follows a turbulent period for the company, marked by executive departures and controversies over its shift to a for-profit model. Notably, several key figures, including CTO Mira Murati and research chief Bob McGrew, have left OpenAI amid these changes.
Alibaba launches Qwen2.5-Coder a game-changing open-source AI coding assistant
Alibaba Cloud has launched Qwen2.5-Coder, a free AI coding assistant that has quickly gained popularity, rivaling GPT-4o in performance. With six model variants supporting 92 programming languages, it excels in complex tasks like repository-level code completion and debugging, potentially reshaping enterprise software development through its open-source model. This release highlights China's innovation in AI despite U.S. semiconductor export restrictions, intensifying the global AI competition.
devrev secures 100.8 million funding to enhance ai-driven customer engagement
DevRev has raised $100.8 million in Series A funding, achieving a valuation of $1.15 billion, to enhance its mission of transforming customer support and product development through AI-native solutions. The company’s AgentOS platform integrates seamlessly with existing systems, enabling organizations to leverage Knowledge Graphs for improved operational efficiency and customer experience. Founded in 2020 by Dheeraj Pandey and Manoj Agarwal, DevRev aims to connect developers directly with customers, breaking down traditional silos in enterprise software.
microsoft expects significant profit hit from openai investment this quarter
Microsoft's CFO Amy Hood announced a projected $1.5 billion hit to income this quarter due to losses from its significant investment in OpenAI, which totals nearly $14 billion. Despite OpenAI's expected $5 billion loss this year, Microsoft remains committed to the partnership, integrating its models into various products while exploring alternatives for some features. CEO Satya Nadella expressed confidence in the collaboration, emphasizing its mutual benefits.
data center diplomacy emerges as us and china compete in ai race
The Goldman Institute advocates for "data center diplomacy" as the U.S. competes in the global AI race, emphasizing the geopolitical significance of data center locations. With China investing heavily in AI infrastructure, the U.S. must enhance its data center capabilities, particularly in partnership with oil-rich Gulf nations like the UAE, Qatar, and Saudi Arabia, which are poised to rapidly expand their AI capacities.
google anthropic ai partnership faces formal uk merger investigation
Google's partnership with AI firm Anthropic faces scrutiny in the UK as the Competition and Markets Authority has initiated a formal phase one merger probe. This investigation highlights increasing regulatory attention on investments in startup AI companies.
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