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Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10GW data center project that SoftBank is developing in Ohio (Wall Street Journal)

Wall Street Journal : Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10GW data center project that SoftBank is developing in Ohio   —  Project would be one of the largest AI computing hubs and involve power controlled by the U.S. government  —  Nvidia is in talks to provide … from Techmeme https://ift.tt/cyDLEqQ via IFTTT
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How AI companies are targeting the education market, including making free or cut-price tailored learning tools in partnership with schools and edtech startups (Jamie John/Financial Times)

Jamie John / Financial Times : How AI companies are targeting the education market, including making free or cut-price tailored learning tools in partnership with schools and edtech startups   —  Anthropic and OpenAI are among groups providing free and cut-price tailored solutions for educators and students from Techmeme https://ift.tt/kzgFTDV via IFTTT
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India eases foreign investment rules for e-commerce companies, a win for Amazon, which lobbied to buy goods directly from Indian sellers and sell them overseas (Aditya Kalra/Reuters)

Aditya Kalra / Reuters : India eases foreign investment rules for e-commerce companies, a win for Amazon, which lobbied to buy goods directly from Indian sellers and sell them overseas   —  India's government on Thursday eased foreign investment rules to allow e-commerce companies to buy products directly from Indian sellers … from Techmeme https://ift.tt/vo9mFrl via IFTTT
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Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers (Ashley Stewart/Business Insider)

Ashley Stewart / Business Insider : Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers   —  Microsoft went all in on AI.  Is its North Star now a noose?  —  Three years ago, Satya Nadella catapulted Microsoft to the front … from Techmeme https://ift.tt/oKsT8Bq via IFTTT
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CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO (Bloomberg)

Bloomberg : CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO   —  Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp. … from Techmeme https://ift.tt/Hn4xJrc via IFTTT
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Elio, which is developing a new type of image sensor designed for AI rather than human vision, raised a $21M Series A led by Innovation Endeavors and Xora (Meir Orbach/CTech)

Meir Orbach / CTech : Elio, which is developing a new type of image sensor designed for AI rather than human vision, raised a $21M Series A led by Innovation Endeavors and Xora   —  Elio's founders, Nadav Grossinger and Nitay Romano, spent seven years developing physical sensing systems at Meta. from Techmeme https://ift.tt/pW6AyZ3 via IFTTT
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A look at China's bid to build an alternative global order in AI by making open models widely available and training people in developing countries to use them (Financial Times)

Financial Times : A look at China's bid to build an alternative global order in AI by making open models widely available and training people in developing countries to use them   —  Beijing makes most ambitious offer yet to build alternative global order  —  China's President Xi Jinping has set … from Techmeme https://ift.tt/xm3YeNX via IFTTT
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