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Anthropic Snags Another $1B From Amazon; OpenAI Joins Data Center Push

Crunchbase News

Anthropic, a ChatGPT rival with its AI assistant Claude, is reportedly taking in a fresh $1 billion investment from previous investor Google. Billions of dollars have been earmarked to build out new data centers for AI initiatives. In October 2023, Google invested $2 billion in the OpenAI rival.

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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

Saudi Arabia has announced a 100 billion USD initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. These include data center expansion, tech startups, workforce development, and partnerships with leading technology firms.

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Gartner: 13 AI insights for enterprise IT

CIO

Artificial intelligence is an early stage technology and the hype around it is palpable, but IT leaders need to take many challenges into consideration before making major commitments for their enterprises. Analysts at this week’s Gartner IT Symposium/Xpo spent tons of time talking about the impact of AI on IT systems and teams.

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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

OpenAI , $6.6B, artificial intelligence: OpenAI announced its long-awaited raise of $6.6 The new round makes the ChatGPT creator one of the most valuable private companies in the world and also included investment from the likes of Altimeter Capital , Fidelity , Khosla Ventures , Microsoft , Nvidia , SoftBank and Abu Dhabi-based MGX.

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AI and automation will play an increasing role in technology

CIO

It is clear that artificial intelligence, machine learning, and automation have been growing exponentially in use—across almost everything from smart consumer devices to robotics to cybersecurity to semiconductors. In 2023, there is no doubt that artificial intelligence and automation will permeate every aspect of our lives.

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The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month

Crunchbase News

Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. tied) Anthropic , $1B, artificial intelligence: Anthropic, a ChatGPT rival with its AI assistant Claude, is reportedly taking in a fresh $1 billion investment from previous investor Google.

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10 top priorities for CIOs in 2025

CIO

owner and operator of grocery-anchored neighborhood shopping centers. Since the introduction of ChatGPT, technology leaders have been searching for ways to leverage AI in their organizations, he notes. Finding value-added agentic AI use cases should be a top priority for CIOs in 2025, Bailey says.