Kenrick Cai
Stories by Kenrick Cai
Google introduces new class of cheap AI models as cost concerns intensify
The cost to develop AI models has come under investor scrutiny in recent weeks.
Alphabet lines up $75b spend on AI this year, misses cloud revenue target
Shares of the Google parent fell 9% in extended trading.
American AI firms try to poke holes in DeepSeek’s rapid rise
AI developers remain unfazed by the development.
Databricks nears record $9.5b VC raise from GIC, others
Thrive Capital, Andreessen Horowitz, and Insight Partners may participate.
AI startup Sierra valued at $4.5b in funding round led by Greenoaks Capital
The company is also backed by Sequoia Capital and Benchmark.
OpenAI’s $150b valuation hinges on corporate restructuring, removing investors’ profit cap
The AI startup is said to be finalising a $6.5b round.
OpenAI is a bigger threat to Google than US regulators
OpenAI is also breaking into the search game with a slow launch of SearchGPT.
