Together AI raised $800 million in a Series C funding round to expand its infrastructure layer that helps companies run open-source artificial intelligence (AI) models...
The Bank for International Settlements (BIS) is warning artificial intelligence optimism could be a short-lived phenomenon. In its annual report published Sunday (June 28), BIS...
Apple plans to raise prices due to a surge in the costs of memory and storage chips, CEO Tim Cook told The Wall Street Journal...
Microsoft shareholders sued the company Friday (June 12), alleging that it defrauded them and inflated its stock price by concealing slower growth in its Azure...
Artificial intelligence (AI) chipmaker Nvidia is reportedly planning to raise $20 billion through a U.S. bond issuance. The company has not accessed the investment-grade bond...
Amazon has entered into a term loan agreement with Citibank and more than a dozen other banks that provides the company with a $17.5 billion senior unsecured delayed draw term...
Goldman Sachs and JPMorgan are considering entering the emerging compute trading market, The Information reported Monday (June 8), citing unnamed sources. The banks are exploring trading futures contracts tied to rental prices...
The cost of training AI models is driving companies like Anthropic to go public, Anthropic Co-Founder and President Daniela Amodei said Thursday (June 4). Speaking...