SoftBank CEO Masayoshi Son announces plans to invest $33.2 billion in OpenAI, predicting it will become the world's most valuable company and positioning SoftBank as the leading platform provider for artificial superintelligence within a decade.
Scale AI strategy chief Jason Droege becomes CEO as founder Alexandr Wang departs for Meta in a $14 billion deal, with Meta taking a 49% stake and Wang leading a new AI research lab.
Mark Zuckerberg finalizes a $14 billion deal to invest in Scale AI and hires co-founder Alexandr Wang to lead Meta's AI push, aiming to catch up with rivals like OpenAI in the AI race.
Monte Carlo unveils 'AI-Ready' initiative offering data and AI observability, partnering with Databricks to provide visibility into data and AI quality on their platform, delivering an end-to-end solution for enterprises.
Join Monte Carlo at Snowflake Summit 2025 to learn how leading data teams leverage data observability to get AI-ready, ensuring reliable, trustworthy data across the AI Data Cloud, powering AI applications with observability into unstructured data, and accelerating AI adoption through data quality management.
In a strategic move to streamline operations and reduce management layers, Microsoft has announced a significant workforce reduction, slashing approximately 6,000 jobs, representing 3% of its global workforce of 228,000 employees as of June 2022.
Databricks, a data analytics software company, is reportedly in advanced negotiations to acquire Neon, an open-source database startup, for a staggering $1 billion, though the deal has not yet been finalized and could potentially fall through.
Alibaba's groundbreaking 'ZeroSearch' technique slashes AI training costs by a staggering 88% by simulating search results with language models, eliminating expensive API calls and reducing reliance on big tech platforms, potentially reshaping the economics of AI development.
Postgres 18 introduces asynchronous I/O (AIO) for read operations, offering potential performance gains of up to 3x, especially in cloud environments with high storage latency, through options like dedicated I/O worker processes or the Linux io_uring interface.
BreezoMeter leverages Google Cloud's scalable and sustainable infrastructure to analyze vast environmental data, delivering precise, hyperlocal insights on air pollution, pollen, wildfires, and weather for over 100 countries, processing 1.8 TB of data and calculating 10 billion pollutant concentrations hourly.