US DFC Targets AI, Minerals in Expansion
A US development-finance agency that’s on track for a tripling in funding aims to invest in data centers for artificial intelligence, as well as critical minerals and energy, according to a top official.
A US development-finance agency that’s on track for a tripling in funding aims to invest in data centers for artificial intelligence, as well as critical minerals and energy, according to a top official.
Sam Altman’s decision to declare a “code red” at OpenAI earlier this month may have caught the industry’s attention, but it wasn’t a first for the artificial intelligence company.
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI following a contentious hearing.
LG Electronics Inc. will let owners of its televisions delete Microsoft Corp.’s artificial intelligence software amid a consumer backlash.
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said.
The Sony-owned gamemakers have been racing to hit a December deadline
OpenAI has sold more than 700,000 ChatGPT licenses to about 35 public universities for use by students and faculty. OpenAI has hired education-focused salespeople and is offering discounts to universities, with schools willing to purchase bulk access to ChatGPT. Liam Knox reports on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)
Italy’s digital payment company Nexi SpA rejected an offer by TPG for its digital banking solutions unit, marking a new failed attempt to sell it.
Developers of a data center linked to Alphabet Inc.’s Google are tapping the junk-bond market to finance the project in a deal led by Morgan Stanley, extending a borrowing spree powering the artificial-intelligence boom.
Apple Inc. is making changes to its iOS software in Japan to comply with a new local law aimed at fostering competition, part of broader efforts by the iPhone maker to adapt to regulations around the world.