AI investments

AI Firms Rake in Billions Without Having Products
AI Firms Rake in Billions Without Having Products
April 29, 2024  |  artificial intelligence

AI may represent a “field of dreams,” but investors are reportedly seeing a potential nightmare. As The Wall Street Journal (WSJ) reported Monday (April 29),...

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Meta’s $35 Billion Bet on AI Fuels the Tech Arms Race
Meta’s $35 Billion Bet on AI Fuels the Tech Arms Race
April 26, 2024  |  artificial intelligence

Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling an aggressive push in the escalating tech arms race. This colossal...

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Big Tech Taps AI Agents to Drive Revenue Growth
Big Tech Taps AI Agents to Drive Revenue Growth
April 18, 2024  |  artificial intelligence

Big tech companies are reportedly in a race to unveil software to fuel AI spending. For example, Microsoft is at work trying to automate tasks such as invoicing or the ability...

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Microsoft’s ‘iPhone Moment’ Could Come From AI
Microsoft’s ‘iPhone Moment’ Could Come From AI
April 07, 2024  |  artificial intelligence

Will artificial intelligence (AI) give Microsoft its “iPhone moment?” A recent note by Wedbush Securities’ Dan Ives — the subject of a Seeking Alpha report on Sunday (April 7)...

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How AI Investments Could Change the Middle East
How AI Investments Could Change the Middle East
March 25, 2024  |  artificial intelligence

Saudi Arabia’s reported $40 billion artificial intelligence (AI) investment fund represents a leap to redefine the Middle East’s role in the global technology landscape.  The...

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Report: Softbank Considers Investing in Mistral AI
Report: Softbank Considers Investing in Mistral AI
March 14, 2024  |  Investments

Japan’s SoftBank is reportedly weighing an investment in French artificial intelligence (AI) startup Mistral AI. The tech giant has shown interest in backing Mistral the next time it...

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Paddle Restarts Launchpad Program for AI Founders
Paddle Restarts Launchpad Program for AI Founders
March 12, 2024  |  artificial intelligence

British payments infrastructure provider Paddle has restarted its funding program for artificial intelligence (AI) startups. The company announced the 2024 installment of its AI Launchpad in a news release...

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Big Tech AI Spending Outweighs VC Investments
Big Tech AI Spending Outweighs VC Investments
December 27, 2023  |  artificial intelligence

New data shows that much of 2023’s artificial intelligence (AI) investing came from Big Tech. The mega deals by Amazon, Google and Microsoft this year...

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