Private-equity giant Blackstone is embedding AI engineers inside companies it owns to help grow revenue, increase productivity and raise efficiency. Blackstone and Hellman & Friedman have formed a roughly160-person team of AI experts with Anthropic…
Posts published in “AI Newswire”
The latest developments in AI and machine learning.
Wall Street is worried that technology companies once known for their strong balance sheets are overspending on AI and may not see enough return on their investments – with consequences for the capital markets. At…
Amazon is expanding its Prime Air drone delivery service to nearly 500 U.S. cities by the end of the year, according to a company announcement. Prime Air currently operates in 11 locations across 10 metro…
Software companies are taking increasingly aggressive steps to reassure Wall Street as investors question whether AI will strengthen their businesses or undermine the lucrative subscription models that made them some of the biggest winners of…
OpenAI has slowed development of its most advanced AI models as increasingly capable systems are forcing it to strengthen the safeguards surrounding their development. In a blog post, the company said it temporarily paused reinforcement-learning…
Google has won an auction to buy the internal data of Spirit Airlines in bankruptcy court for $10 million, according to a notice from the U.S. Bankruptcy Court in the Southern District of New York.…