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OpenAI is taking an ownership stake inThrive Holdings, whose parent company is one of the AI giant’s major investors, Thrive Capital.  Thrive Holdings operates like a private equity firm for AI, rolling up companies that it believes could benefit from the tech in sectors like accounting and IT services.  Neither company disclosed the terms of […]

Nvidiais investing $2 billion into Synopsys, which makes software and components for designing semiconductor chips. The deal deepens their existing partnership at a time when analysts have started to scrutinize increasingly common circular AI-industry deals and warn of a potential bubble. Nvidia said it boughtSynopsysshares at $414.79 each as part of a multi-year partnership to

Amazon’sAI chatbot,Rufus, saw a surge of adoption on Black Friday, according to new data published over the weekend by market intelligence firmSensor Tower. In the U.S., Amazon sessions that resulted in a purchase surged 100% on Black Friday compared with the trailing 30 days, while sessions that resulted in a purchase and didn’t include Rufus

German AI labBlack Forest Labssaid on Monday that it has raised $300 million in a Series B funding round that values the company at $3.25 billion. The round was co-led by Salesforce Ventures and Anjney Midha (AMP), and saw participation from a16z, NVIDIA, Northzone, Creandum, Earlybird VC, BroadLight Capital, General Catalyst, Temasek, Bain Capital Ventures,

A stealth artificial intelligence startup founded by an MIT researcher emerged this morning with an ambitious claim: its new AI model can control computers better than systems built by OpenAI and Anthropic — at a fraction of the cost. OpenAGI, led by chief executive Zengyi Qin, released Lux, a foundation model designed to operate computers

With some needed infrastructure now being developed for agentic commerce, enterprises will want to figure out how to participate in this new form of buying and selling. But it remains a fragmented Wild West with competing payment protocols, and it's unclear what enterprises need to do to prepare.  More cloud providers and AI model companies

As AI, cloud, and other technology investments soar, organizations have to make investment decisions with increased speed and clarity. Practices like FinOps, IT financial management (ITFM), and strategic portfolio management (SPM) help stakeholders evaluate opportunities and trade-offs for maximum value. But they depend on unified, reliable data. And that’s often where the challenge begins. AI

James Cameron’s movies are often at the cutting edge of visual effects technology — especially the “Avatar” films, with their heroic blue Na’vi characters brought to life through performance capture. But that doesn’t make Cameron a fan of generative AI. Ina CBS Sunday Morning interviewtied to the upcoming release of “Avatar: Fire and Ash,” the

David Sacks’ role as President Donald Trump’s artificial intelligence and crypto czar could work out very well for his investments, as well as his friends,according to a new report The New York Times. However, Sacksfired back in a post on X, in which he described a five-month reporting process in which accusations were “debunked in

On November 30, 2022, OpenAI introduced a new product to the world, innocuouslydescribing itas “a model called ChatGPT which interacts in a conversational way.” It’s no hyperbole to suggest that ChatGPT subsequently transformed the worlds of business and tech, becoming enormously popular — it’s still in the number one spot on Apple’s free app rankings