AI Investment

AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says

AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says
AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says
December 08, 2024  |  Artificial Intelligence

Investment giant BlackRock expects 2025 to be a big year for infrastructure and cybersecurity. And the artificial intelligence (AI) boom will play a major role...

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OpenAI Aiming to Eliminate Microsoft AGI Rule to Boost Future Investment
OpenAI Aiming to Eliminate Microsoft AGI Rule to Boost Future Investment
December 08, 2024  |  Artificial Intelligence

OpenAI could reportedly give Microsoft access to its as-yet-unrealized artificial general intelligence (AGI). As it stands now, the artificial intelligence (AI) startup has a provision...

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Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
December 02, 2024  |  Investments

Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. The company, which rebranded from Russian internet company Yandex, has sold...

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Banks and Private Finance Seek Slices of $1 Trillion AI Pie
Banks and Private Finance Seek Slices of $1 Trillion AI Pie
November 18, 2024  |  Artificial Intelligence

Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants...

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Tech Investor Niel: EU Risks Being ‘Abandoned’ in AI Race
Tech Investor Niel: EU Risks Being ‘Abandoned’ in AI Race
November 17, 2024  |  Artificial Intelligence

Can Europe create leading artificial intelligence (AI) firms without spending as much as companies in America? Telecom billionaire Xavier Niel thinks it’s possible, provided that...

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78% of CFOs Plan to Increase GenAI Investments Despite Limited ROI
78% of CFOs Plan to Increase GenAI Investments Despite Limited ROI
November 15, 2024  |  Artificial Intelligence

Generative artificial intelligence (GenAI) has become an important tool for CFOs, who view the technology as critical to their organization’s strategic and operational planning. According...

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Nvidia Reportedly Weighing Investment in Musk’s xAI
Nvidia Reportedly Weighing Investment in Musk’s xAI
November 03, 2024  |  Artificial Intelligence

Nvidia is in discussions to invest in Elon Musk’s artificial intelligence (AI) startup, according to published reports. Musk’s AI firm xAI is hoping to raise...

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OpenAI Forecast Suggests Five Years Until Profit
OpenAI Forecast Suggests Five Years Until Profit
October 10, 2024  |  Artificial Intelligence

OpenAI is reportedly not anticipating to reap yearly profits for another five years. That’s according to a report Wednesday (Oct. 9) by The Information, citing...

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