While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.
Category: Tech Crunch
OpenAI warns against SPVs and other ‘unauthorized’ investments
OpenAI isn’t the only AI company looking to crack down on SPVs.
Amazon AGI Labs chief defends his reverse acquihire
The former Adept CEO said he hopes to be “remembered more as “an AI research innovator” than a “a deal structure innovator.”
Meta partners with Midjourney on AI image and video models
Meta’s chief AI officer said that the company is partnering with Midjourney to license its AI image and video model technology.
Coinbase CEO explains why he fired engineers who didn’t try AI immediately
After getting licenses to cover every engineer, some at the cryptocurrency exchange warned Armstrong that adoption would be slow, predicting it would take months to get even half the engineers using AI.
Bluesky blocks service in Mississippi over age assurance law
In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this type of law would require, and it raised concerns about the law’s broad scope and privacy implications.
Apple gets ready for AI in the enterprise with new ChatGPT configuration options
Apple will let businesses configure ChatGPT enterprise access in the fall.
US government plans to take a 10% stake in Intel
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
OpenAI announces New Delhi office as it expands footprint in India
OpenAI has started hiring in India as it looks to expand its presence in the fast-growing South Asian tech market.
OpenAI lawyers question Meta’s role in Elon Musk’s $97B takeover bid
OpenAI says that Elon Musk met with Meta CEO Mark Zuckerberg to discuss a $97 billion takeover bid of the ChatGPT-maker.