'AI requires huge amounts of compute, and really the only way that you're going to be able to access that compute sensibly is from Big Tech.' -Joanne Hannaford, head of technology strategy, Deutsche Bank's corporate bank, speaking at Money20/20 conference https://
reuters.com/technology/ban
ks-say-growing-reliance-big-tech-ai-carries-new-risks-2024-06-07/
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@jordannovet
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Banks’ Growing Dependence on Big Tech for AI Compute Raises Risks
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Microsoft acquires Inflection AI talent, not company
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'We didn’t want to own the company. We wanted to hire some of the people who worked at the company.' –
@BradSmi on Microsoft's Inflection deal https://
ft.com/content/97b457
59-36e0-4f5b-9c6a-ae0580f9a29b
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Microsoft announces $5.3B in data center investments globally
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Microsoft data center development announcements recently 10/24/23 Australia A$5 billion 5/8/24 Wisconsin $3.3 billion
5/22/24 Kenya $1 billion (with G42)
6/4/24 Indiana $1 billion -
Major deal signals financial stability over immediate funding needs
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well considering they just did this deal for over $1b i think they're not desperate for the money so maybe not in the next few months
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Snowflake and Confluent bid for Tabular startup
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to advance this a bit, Snowflake had wanted Tabular too. it was bidding on the startup, as was Confluent
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Databricks Acquires Tabular Apache Iceberg
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well well well, Databricks is buying Tabular, the Apache Iceberg people
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Nvidia Fact-Checks Elon’s Tesla Earnings Call Remarks
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Nvidia internally fact-checking on Elon remarks from a Tesla earnings call is just great reading https://
cnbc.com/2024/06/04/elo
n-musk-told-nvidia-to-ship-ai-chips-reserved-for-tesla-to-x-xai.html
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Managing AI Workforce: Ethical Considerations for Employee Treatment
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yeah i doubt the intent was to spawn mini-Franks. drivers/passengers is one of his bigger ideas but it's probably best not to go around talking about your employees that way
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Snowflake CEO Frank Slootman Book Launch at Summit
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Frank Slootman stepped down as Snowflake CEO in February but a store at the Snowflake Summit in SF today is selling his book Amp It Up
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Microsoft Cuts Mixed Reality Workforce in New Layoff
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new: Microsoft is laying off more employees who work on mixed reality