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Miller New Chief of Staff, OpenAI Closes Funding at $1.25T Value
Source: Bloomberg, 4:54
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Neocloud Groq Aims to Double Value to $8 Billion Amid AI Selloff
A top executive at data center operator Groq has kicked off an audacious bid to double its valuation in about three months while slamming rivals in the space for being too reliant on debt markets.
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AI Selloff Exposes Data Center Boom Risks
The selloff in AI stocks is adding new uncertainty to the massive buildout of data centers across the US. Jolienne Halisky, CFO of AIB Data Centers, says financing for new projects could become more expensive and take longer as lenders…
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AI-Generated Movie Heading Theaters
Artificial intelligence is moving from experimental videos to the big screen. Fable Studio CEO Edward Saatchi says a team of just 30 people spent nine months creating Gods Don’t Give Gifts, an AI-generated animated feature that still…
Stocks rebound after AI selloff that pushed NASDAQ into correction territory
The stock market saw a rebound on Friday after dipping earlier this week amid AI-related concerns after Democrats won the midterms. Laura Sanicola, a senior writer at Barron's, joins CBS News to discuss.