In an interview at the Aspen Ideas Festival on Tuesday, Mustafa Suleyman, CEO of Microsoft AI, made it very clear that he admires OpenAI CEO Sam Altman. CNBC’s […]
FTC Chair Lina Khan on startups, scaling, and ”innovations in potential law breaking”
FTC Chair Lina Khan was the youngest person appointed to her position when she assumed the job in 2021. But once her term ends in September – after […]
FTC Chair Lina Khan says the agency is going after the ‘mob bosses’ in Big Tech
The U.S. Federal Trade Commission is focusing its efforts on going after Big Tech, according to FTC Chair Lina Khan, who spoke at TechCrunch’s Strictly VC event in […]
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation […]
AI giants Microsoft, OpenAI, and Nvidia investigated for possible antitrust violations
Some of the biggest players in the AI space may be breaking antitrust laws. The DOJ and FTC will investigate.
Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns
Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 […]
In Seoul summit, heads of states and companies commit to AI safety
Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field, and establish an international safety research network. Nearly six months […]
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake
Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment in French AI startup, Mistral AI, with the country’s Competition and Markets Authority (CMA) on […]
Matt Garman taking over as CEO with AWS at crossroads
It’s tough to say that a $100 billion business finds itself at a critical juncture, but that’s the case with Amazon Web Services, the cloud arm of Amazon, […]
UK probes Amazon and Microsoft over AI partnerships with Mistral, Anthropic, and Inflection
The U.K.’s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startup […]