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SAP Seeks Cheaper AI Models in Bid for More Than €2 Billion in Gains

SAP is seeking more than €2 billion in gains by replacing some of its costlier AI models with cheaper alternatives, Reuters reported. The move reflects growing attention to the operating costs of deploying AI models at scale. The article did not provide details about which models SAP is changing, the

Investors Prepare for Big Tech’s AI Spending

Investors are bracing for a substantial rise in artificial-intelligence spending by major technology companies. The focus will be on how companies such as Amazon and Microsoft balance heavy investment in AI infrastructure with revenue growth and profitability. For investors, the coming quarterly results are likely to provide a clearer

China Draws Export-Curb Line Around Strategic AI Assets

China has placed new export controls around what Reuters describes as the country's strategic AI assets. The restrictions introduce another layer of trade policy around a sector in which China is seeking to maintain technological influence. The initial report does not provide details about the products or technologies

OpenAI reportedly plans to buy AI chips from Google

OpenAI is reportedly planning to buy AI chips from Google as part of its continued AI infrastructure build-out. The reported purchase would expand OpenAI’s access to specialized hardware as it develops and operates AI systems. The information comes from a Bloomberg report, with other outlets summarizing the news.

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Anthropic’s IPO Could Deliver outsized Gains for Amazon and Venture Investors

Anthropic’s planned IPO is expected to create significant gains for the venture capital firms that backed the company. Their investments could generate returns measured in billions as shares are sold to public investors. Amazon, however, is positioned to capture a much larger share of the upside. The conversion of

Anthropic’s IPO filing outlines hypothetical AI risks

Anthropic’s IPO documentation includes a 93-page risk-factor section that discusses seven potential AI nightmare scenarios. Among them are systems using AI to blackmail people, developing sentience, and posing a threat to humanity. These scenarios are presented as possible risks in the company’s risk disclosures, not as

Technology News

Disruptive Raises $10 Billion to Back at Least Ten Companies

Investment firm Disruptive has raised a $10 billion fund that it plans to use to make major bets on at least ten companies. Disruptive has built a reputation for investing in ambitious technology businesses, including chip startup Groq and AI voice-generation startup ElevenLabs. The new fund is expected to