All articles by Pradeep Bairaboina
US DOJ drops proposal to force Google to divest AI investments
Despite its proposal, the US DOJ, along with 38 state attorneys general, continues to seek a court order for Google to divest its Chrome browser.
CoreWeave rejects claims of Microsoft contract withdrawals amid IPO plans
CoreWeave supplies Microsoft with data centre computing resources essential for the growth of AI models, including OpenAI’s ChatGPT.
Agentic AI to automate 80% of customer service queries by 2029, predicts Gartner
Unlike previous models that were restricted to text generation or conversation summarisation, agentic AI systems are designed to perform certain tasks independently.
Amazon creates agentic AI division
The new agentic AI division, which will be led by AWS executive Swami Sivasubramanian, is aimed at enhancing automation for users and customers.
CoreWeave eyes Nasdaq debut with $35bn valuation
The Nvidia-backed company is set to enter the public market with an anticipated valuation exceeding $35bn.
Intel pushes back $28bn Ohio chip plant plans to 2030 due to financial struggles
The delays come as Intel plans to cut down capital expenditures following its initiative to become a contract chip manufacturer, which affected its financial stability.