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5 days ago · She noted the EC is also monitoring ‘acqui-hires’ where a company takes over another mainly for its employees, citing Microsoft and Inflection AI as a primary example. “The commercialisation of AI and its powerful tools is going to be lead by a few companies that already have a lot of market power,” Vestager said. “So we remain ...
4 days ago · Tuesday’s analyst calls: Amazon near AI ‘inflection point’, software stock to pop more than 25%. A software stock and an e-commerce giant were among the stocks being talked about by analysts ...
5 days ago · Anduril. Funding: $2.2B. Anduril Industries is a defense product company that builds technology for military agencies and border surveillance. Provider of AI-based surveillance and reconnaissance solutions for the defense sector. It offers an autonomous operational platform based on sensor fusion, machine learning, and mesh networking to ...
2 days ago · Artificial intelligence (AI), the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems with the ability to reason, discover meaning, generalize, or learn from past experiences.
1 day ago · “It’s the biggest tech inflection point since the internet and, while AI experiments have been ongoing, the rise of generative AI is pushing digitization to the forefront. Boards recognize that the ability to digitize and embrace AI will be the difference between prosperity and decline over the next decade.
2 days ago · Other similar corporations have completed similar actions in recent months, with Microsoft for example having hired plenty of Inflection AI and OpenAI staff over the past year. Companies like Google, Facebook and Yahoo have also engaged in what is known as ‘acqui-hiring’, recruiting employees rather than acquiring a company to gain control ...
3 days ago · Alongside former Inflection AI colleagues, Suleyman’s mission seemed to be about continuing Microsoft’s current obsession with AI. A few months later, with his feet firmly under the table at Microsoft Towers, Suleyman has hit the headlines for all the wrong reasons.
