OpenAI and Google (GOOGL) confirms that they have been supplying AI services to blacklisted Chinese tech giants Alibaba (9988 HK/BABA), Baidu (9888 HK/BIDU) and Tencent (0700 HK), the FT reports
Newsquawk Staff ·
OpenAI and Google (GOOGL) confirms that they have been supplying AI services to blacklisted Chinese tech giants Alibaba (9988 HK/BABA), Baidu (9888 HK/BIDU) and Tencent (0700 HK), the FT reports.
Sources
- OpenAI trims valuation target to USD 1.25tln after previously pitching a higher price, according to FT
- OpenAI is raising up to USD 30bln in funding round at a USD 1.25tln valuation, led by UAE investors, according to CNBC, citing sources; OpenAI is negotiating a commercial deal that would secure more computing capacity from the UAE
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile
- Google (GOOGL) is launching an agent compute engine
- US PREMARKET MOVERS: META, TSLA, IBM, LRCX, BX, PG, CMCSA, SAP, BABA
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