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Intel establishes R&D lab at CtrlS Datacenters in Bengaluru, India
The new lab will focus on developing new microprocessor architectures.
Meta disbands Responsible AI team to focus more on generative AI
The majority of Responsible AI members will move to Meta’s generative AI team, while some will go to AI infrastructure unit.
Amazon to lay off hundreds of employees in Alexa unit
The move is part of the company’s plan to shift focus primarily towards generative AI.
Google looking to invest in AI chatbot company Character.AI
The startup is seeking capital to train its AI models and to address the increasing user demands.
UK’s Stability AI gets financial boost from Intel
The AI startup has been undergoing tough times.
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Cisco signs $28bn deal for Splunk
The acquisition is expected to complete by the end of the third quarter of calendar year 2024.
Microsoft launches Copilot for Windows 11, Microsoft 365, Edge and Bing
Copilot for enterprises will be available from 1 November, while for Windows 11 it will start rolling out from 26 September.
IBM to sell The Weather Company assets to Francisco Partners
The transaction is expected to complete by the end of first quarter of 2024.
Ramp secures $300m funding to spur growth
The company secured this funding at a $5.8bn post-money valuation.
SK Telecom invests $100m in Anthropic to develop multilingual LLM for telcos
The companies will work together to customise Anthropic’s AI model ‘Claude’ to address the needs of the telcos industry.