Maria Deutscher
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Amazon hires founders of AI robotics startup Covariant
Amazon.com Inc. is hiring the three founders of Covariant, a well-funded startup that develops artificial intelligence software for warehouse robots. The company announced the move late Friday. Pieter Abbeel, Peter Chen and Rocky Duan, who worked at OpenAI before launching Covariant, are moving to Amazon’s Fulfillment Technologies & Robotics Team. They will be joined by ...
HPE to pursue Autonomy damages claim against estate of Mike Lynch
Hewlett Packard Enterprise Co. plans to proceed with its civil lawsuit against the estate of British technology entrepreneur Mike Lynch, multiple U.K. publications reported today. Lynch perished last month when the Bayesian, a superyacht on which he was staying, sank off Sicily during a storm. Six other people including his daughter Hannah also lost their ...
OpenAI could reportedly change its corporate structure
OpenAI is weighing the possibility of changing its corporate structure, multiple sources familiar with the matter told the Financial Times today. The move would reportedly be intended to help the company draw more investor interest. Earlier this week, multiple publications reported that OpenAI is in the process of raising a new funding round worth several ...
Report: Amazon will use Anthropic’s Claude LLM series to power upcoming Alexa upgrade
Amazon.com Inc. will reportedly use technology from Anthropic PBC to power an upcoming paid edition of Alexa. Reuters today cited sources as saying that the subscription-based voice assistant could make its debut in October. Amazon is expected to preview Remarkable Alexa, as the offering will reportedly be called, at a product event in September. San ...
Intel reportedly weighing sale of its foundry division
Intel Corp. is weighing a sale of its foundry business in a bid to shore up its financial performance, multiple publications reported today. CNBC cited sources as saying that such a deal is one of several options the chipmaker is considering to address the headwinds facing its business. Bloomberg, meanwhile, reported that Intel may also weigh ...
Report: Nvidia, Apple could join OpenAI’s multibillion-dollar funding round
Two more tech giants may join the new funding round that OpenAI is rumored to be raising. Citing sources familiar with the matter, Bloomberg reported today that Nvidia Corp. and Apple Inc. may participate in the investment. OpenAI is expected to raise several billion dollars at a valuation that could exceed $100 billion. That’s up ...
AI coding assistant startup Magic closes $320M round as rival Codeium nabs $150M
Magic AI Inc. and Codeium, two startups using artificial intelligence to make developers more productive, have both closed nine-figure funding rounds to support their growth efforts. Magic disclosed today that it recently raised $320 million from a group of prominent investors. Codeium, officially Exafunction Inc., announced in conjunction that it has closed a $150 million ...
IBM to make Intel’s Gaudi 3 AI chip available in its public cloud
IBM Corp. today announced plans to make Intel Corp.’s Gaudi 3 artificial intelligence processor available in its public cloud platform. Gaudi 3 is positioned as an alternative to Nvidia Corp.’s bestselling H100 graphics processing unit. The H100 was the chipmaker’s flagship AI accelerator before the March debut of its newest GPU, the Blackwell B200, which ...
OpenAI could reportedly raise billions of dollars at $100B+ valuation
OpenAI is negotiating a new funding round that could boost its valuation to more than $100 billion, multiple publications reported today. The Wall Street Journal cited sources as saying that the ChatGPT developer is seeking to raise several billion dollars. Thrive Capital is expected to lead the raise with a $1 billion contribution. Microsoft Corp., ...
Google updates Gemini with new image generation model, custom Gem chatbots
Google LLC is updating its Gemini artificial intelligence assistant with a set of new image generation and customization features. The company first previewed the enhancements at its Google I/O product event in May. They are set to become available in both the consumer and business versions of Gemini. Originally introduced last year as Bard, Gemini ...