microsoft

Amazon to invest in 3 nuclear power plants as it tries to power AI programs

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Amazon to invest in 3 nuclear power plants as it tries to power AI programs

Amazon is the latest tech giant to embrace nuclear power as it tries to power electricity-hungry artificial intelligence programs. Amazon Web Services, the cloud computing unit of the Seattle-based electronics retailer, said Wednesday it will invest more than half a billion dollars in three projects — one in Washington state, one in Virginia and another … Read more

OpenAI, Microsoft in $14 billion battle as AI giant turns into profitable company: report

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OpenAI, Microsoft in $14 billion battle as AI giant turns into profitable company: report

Microsoft is reportedly in a tussle with OpenAI over the size of the share it will take from the artificial intelligence con artist as the latter prepares to transform from a non-profit to a for-profit company. Both firms have turned to investment banks for advice in the high-stakes negotiations, as Microsoft seeks a large amount … Read more