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Top related persons:
Sam Altman - 2 Satya Nadella - 2 OpenAI - 2 Jeffrey Goldfarb - 2 Sharon Lam - 2 Optimists - 1 cynics - 1 Aditya Sriwatsav - 1
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OpenAI Silicon Valley
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Microsoft - 2 Google - 2 Thomson - 2 Financial Times - 1 Apple - 1 Nasdaq - 1 Big Tech - 1 OpenAI - 1

Search resuls for: "Anita Ramaswamy Robert Cyran"


2 mentions found


☆ AI investments carry whiff of vicious circles past
  + stars: | 2023-11-29 | by ( Anita Ramaswamy Robert Cyran | Anita Ramaswamy | Robert Cyran | ) www.reuters.com   time to read: +8 min
As technology titans jockey to back hot new startups, they are extracting explicit or implicit promises of revenue in return. loadingMicrosoft’s injection of $10 billion into OpenAI in January helped kick off the craze. As part of their deal, the ChatGPT operator agreed to exclusively use its new investor’s cloud computing services. Much of the invested capital should be returned relatively quickly as AI firms buy back-end services. Nvidia (NVDA.O) has at least 80% and as much as 95% of the AI market, according to estimates by analysts.
Persons: Sam Altman, Satya Nadella, OpenAI, Optimists, cynics, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Streisand Neto Organizations: Reuters, Microsoft, Financial Times, Apple, Nasdaq, Big Tech, OpenAI, Wall Street, Google, Reuters Graphics Reuters, Cisco Systems, Lucent Technologies, Nortel Technologies, Company, Global, Telecom, Nortel, Network, Nvidia, Thomson Locations: OpenAI, Silicon Valley
☆ Microsoft will struggle to clean up ugly AI mess
  + stars: | 2023-11-20 | by ( Anita Ramaswamy Robert Cyran | Anita Ramaswamy | Robert Cyran | ) www.reuters.com   time to read: +3 min
NEW YORK, Nov 20 (Reuters Breakingviews) - Microsoft (MSFT.O) boss Satya Nadella’s stressful weekend is probably only the beginning. A lack of corporate governance protections left Nadella with few options to salvage his company’s $13 billion investment in OpenAI. As a 49% owner of OpenAI, Microsoft could have hedged itself by getting more directly involved in oversight. Recruiting Altman is at least a better outcome for Microsoft than standing by and watching him go to Google, a rival startup or opening his own AI shop. Money and salesmanship are two essential elements of developing AI, but so are the proper controls, risk management and strategic clarity.
Persons: Satya Nadella’s, OpenAI, Sam Altman, Altman, Reid Hoffman, Elon Musk’s, Satya Nadella, Greg Brockman, OpenAI’s, Brockman, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, Microsoft, Google, Altman, Thomson Locations: OpenAI
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