Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.
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OpenAI’s secret weapon against Nvidia dependence takes shape
OpenAI is entering the final stages of designing its long-rumored AI processor with the aim of decreasing the company’s dependence on Nvidia hardware, according to a Reuters report released Monday. The ChatGPT creator plans to send its chip designs to Taiwan Semiconductor Manufacturing Co. (TSMC) for fabrication within the next few months, but the chip...
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How Sam Altman Sidestepped Elon Musk to Win Over Donald Trump
After helping President Trump get elected, Elon Musk was poised to dominate the country’s A.I. policies. Then Mr. Altman sneaked into the White House.
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Microsoft and Nvidia Take a Quieter Approach to Trump
Other big technology companies have been boisterous in their courtship of the new administration. But Nvidia and Microsoft have avoided the Washington spotlight.
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Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.
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Right-Wing Crusade Against USAID Has Been Fueled by Falsehoods
As the Trump administration works to dismantle the aid agency, right-wing influencers have flooded the internet with falsehoods about its work.
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A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.
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OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.
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Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
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C. Richard Kramlich, Early Investor in Silicon Valley, Dies at 89
He was among the first backers of Apple Computer and 3Com, earning windfalls, but it was his humaneness that distinguished him from other venture capitalists.