Elon Musk's AI company xAI is reportedly in advanced talks to secure $15 billion in new funding, according to the Wall Street Journal.The deal would value the company at $230 billion, a sharp increase from the $113 billion valuation it reported in March following its merger ...

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Former U.S. Treasury Secretary and Harvard professor Larry Summers has stepped down from OpenAI's board following the publication of his email exchanges with Jeffrey Epstein.Summers had already announced on Monday that he would withdraw from all public roles, though it was i...

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Microsoft has introduced Agent 365, a new platform designed to help organizations manage their AI agents as if they were part of the workforce.

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Microsoft, Nvidia, and Anthropic have unveiled a set of new strategic partnerships valued at 45 billion dollars.Anthropic plans to scale its Claude models on Microsoft Azure and has agreed to purchase 30 billion dollars in Azure compute capacity, plus up to one gigawatt of additi...

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Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, is looking to raise up to five billion dollars in new funding, according to The Information.That would at least triple the nine-month-old company's existing capital. A second source says the startup is aiming f...

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Arm and Nvidia plan closer collaboration.Arm says its CPUs will be able to connect directly to Nvidia's AI chips usingNVLink Fusion, making it easier for customers to pair Neoverse CPUs with Nvidia GPUs. The move also opens Nvidia's NVLink platform to processors beyond ...

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