Lambda is borrowing $917m to buy chips from the company that invests in it
Lambda is selling a $917 million leveraged loan to finance a chip purchase, Bloomberg reported on Monday. Jeannine Amodeo, Paula Seligson and Gowri G…
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OpenAI just bought a slide deck startup. It is assembling an office suite one acqui-hire at a time.
OpenAI has acquired NextSlide, a startup that turned prompts, notes, documents, and research into finished editable presentations. Financial terms we…
Hidden code in ChatGPT’s Android app suggests OpenAI is building a direct WhatsApp sticker export
Hidden code in ChatGPT’s latest Android app suggests OpenAI is building a feature that would let users generate stickers and export them directly to …
Harvey is raising at $15.5bn, up 40% in five months
The legal-AI startup is in talks to raise at least $500m at a $15.5bn valuation, including the new money, The Information reported. That is a 40% jum…
The man who wrote the AI-boom bible just got margin-called out of it
The man who wrote the defining case for the AI boom just got wiped out betting on it. Situational Awareness, the hedge fund founded by former OpenAI …
The Verification Imperative in Recruitment’s Trust Crisis
Recruiters used to open a resume to look for a reason to say yes. Now they open it to look for a reason to doubt it. Nearly two-thirds of job candida…
Coforge says AI is expanding its margins. Its rivals call it ‘AI deflation’
Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. …