Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate, HSBC Innovation Banking said Monday (Dec. 16). The scale of capital invested in AI companies by U.S. venture investors is approaching that allocated to the rest of the venture...
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 in those investments, Jay Jacobs, BlackRock’s U.S. head of thematic and active ETFs, told CNBC in a report published Saturday...
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 that blocks Microsoft from accessing OpenAI’s AGI, or AI that can think and perform tasks at or above the level...
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 that business’s search engine and now focuses on cloud-computing services for artificial intelligence (AI) operations, Bloomberg News reported Monday (Dec....
November 15, 2024
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 to a PYMNTS Intelligence report, “Most CFOs See Limited ROI From GenAI, but Boost Its Investment,” despite the growing reliance on GenAI for medium-impact tasks like financial reporting and data […]
December 16, 2024
Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate, HSBC Innovation Banking said Monday (Dec. 16). The scale of capital invested in AI companies by U.S. venture investors is approaching that allocated to the rest of the venture market, the firm said in a Monday press release outlining […]
December 08, 2024
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 in those investments, Jay Jacobs,...
December 08, 2024
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 that blocks Microsoft from accessing...
December 02, 2024
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 that business’s search engine and...
