The move will put the cloud-computing giant in closer competition with OpenAI and Anthropic.

A bitter rift between two Silicon Valley billionaires could shape the future of the fast-growing artificial intelligence industry.

On Nov. 30, 2022, a then-unknown start-up called OpenAI sent shockwaves around the world. OpenAI is the developer of ChatGPT, a model that uses generative AI to answer queries, write software code, generate images, and much more.

Amazon is building an AI model that includes advanced reasoning capabilities, which is expected to compete with OpenAI’s and Anthropic’s models.

Amazon reportedly wants to get in on the AI 'reasoning' model game, according to a report in Business Insider.

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.

Amazon is aiming to catch up in generative artificial intelligence and to reboot its virtual assistant, which has been leapfrogged by powerful chatbots.

CoreWeave is one of the tech companies that has capitalized on the AI boom by leveraging an early investment in Nvidia and shifting towards artificial

With Microsoft and OpenAI playing each other openly in the AI cloud space now, 'OpenAI' has entered into a five-year, $11.9 billion agreement with CoreWeave - a cloud service provider specialized in GPU-intensive workloads.

Meta is developing its first AI training chip to reduce reliance on external suppliers like Nvidia. Partnering with TSMC, Meta is testing the chip for content recommendation systems on Facebook and Instagram.

CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year cloud-computing contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday.

Almost instantly, big tech companies began plowing billions into alternative AI model developers to compete with OpenAI. ChatGPT and competing platforms such as Amazon's Claude are known as large ...