Oracle Ties a Billion-Dollar Bet to the People Who Sell Its AI
On the exhibition floor at AI World in Las Vegas, the booths that drew the longest lines belonged to the model builders. The ones doing the actual work sat further…
Tesla’s Optimus Leaves the Line, With Buyers Waiting Until 2027
Tesla’s quarterly filing contained a sentence the company had been promising for four years. Optimus, the humanoid robot, has come off the production line at the Fremont factory in California.…
Microsoft’s Diagnostic AI Beats Generalists in a Science Study
The cases were chosen to be hard. In a study published in Science, a Microsoft system called MAI-DxO reached the correct diagnosis in 83% of the complex cases it was…
Nvidia Backs a Video Startup as Huang Makes a First Trip to Central Asia
The B round at Higgsfield was already closed. On Friday it got bigger, with Nvidia and TCV joining as new investors in an extension whose size none of the companies…
Anthropic Buys a Delivery Channel, With a Private-Equity Partner
Anthropic and Hg, the London-based private-equity firm, have agreed to fund an independent AI consulting company together, with London and Berlin as the first two hubs and a launch planned…
Meta Pushes Its New Commercial Terms to Nov. 20
Meta confirmed on Oct. 23 that commercial terms originally scheduled to take effect Oct. 30 will now begin on Nov. 20. The delay gives publishers and digital advertisers three more…
OpenAI Nears a $30 Billion Raise at a $1.25 Trillion Valuation
OpenAI is close to finishing a funding round of as much as $30 billion at a pre-money valuation of $1.25 trillion, according to people familiar with the matter, with investors…
SK Hynix Drops a $10 Billion Listing for Solidigm
SK Hynix’s board decided on Oct. 22 to abandon a US listing of its Solidigm subsidiary that could have raised about $10 billion, and halted the pre-IPO financing that was…
Google Cloud Adds OpenAI’s Frontier Models to Its Model Garden
Enterprise customers who opened the Google Cloud console on Oct. 21 found a name in the model picker that had no business being there a week earlier. Alongside Gemini sat…
TS Lombard Puts a Date on the End of the AI Build-Out
Wall Street has spent two years arguing about whether the spending on artificial intelligence is a bubble. Dario Perkins skipped that argument and wrote down a date. In a research…
