AI & ML

April 17 (Reuters) – Chinese artificial intelligence startup DeepSeek is in talks with investors to raise at least $300 million at ‌a valuation of $10 billion, The Information reported on Friday, citing two people familiar with the matter. The company, whose low-cost models took the AI industry by storm and rattled stock markets last year, […]

WASHINGTON, April 17 (Reuters) – The Trump administration and Anthropic’s CEO on Friday discussed working together for the ‌first time since a dispute earlier this year between the Pentagon and the AI firm over how that company’s models should be used. The meeting between CEO Dario Amodei and White House staff, which took place amid growing

April 9 (Reuters) – Meta Platforms (META.O) is deepening its CoreWeave (CRWV.O) partnership ‌with a fresh $21 billion deal for additional cloud computing capacity, as it rushes to catch up with rivals in the high-stakes artificial intelligence race after an underwhelming AI model release last year. The latest deal, which extends through December 2032, is in addition to a

April 9 (Reuters) – Amazon’s AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time the company has reported numbers on a business it has backed with billions of ‌dollars in investment. The figure, based on first-quarter performance, represents roughly 10% of Amazon