ComputerWorld AI·
In the space of one week, OpenAI has pulled out of two European Stargate data center deals, one in the UK and the second in Norway. Observers attribute the move to the company taking a more disciplined approach to its massive expenses, with OpenAI executives trying to make their books look better in a common move among companies preparing to go public with an imminent IPO. In Norway, OpenAI had been in talks with neocloud provider Nscale, but pulled out of those talks and the data center was instead leased by sometime-OpenAI partner Microsoft, according to sources involved in the discussions. Nscale and Microsoft on Wednesday confirmed the Norway deal, with a source familiar with the negotiations saying that Microsoft will rent the facility in Narvik, Norway, and will then provide compute power to OpenAI through an unspecified agreement. OpenAI did not respond to a request for comments. The UK data center pullout also seemed to reflect some financial belt tightening. Jeremy Roberts
Read full articleLabour's internal crisis risks destabilizing UK politics, impacting fiscal policy and international commitments amid leadership uncertainty. The post UK Labour turmoil intensifies as MPs call for Starmer’s resignation appeared first on Crypto Briefing.
The post UK PM Starmer says that he is not quitting in a cabinet meeting on Tuesday appeared on BitcoinEthereumNews.com. During a cabinet meeting on Tuesday, British Prime Minister (PM) Keir Starmer said that he was not stepping down. Key quotes The Labour Party has a process for challenging a leader and that has not been triggered. The country expects us to get on with governing. That is what I am doing and what we must do as a Cabinet. The past 48 hours have been destabilising for the government and that has a real economic cost for our country and for families. Market reaction GBP/USD holds its recovery momentum from near the 1.3500 area, with these conciliatory remarks helping the British Pound trim losses. As of writing, the pair is trading around 1.3535, still down 0.30% on the day. Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the US Dollar. USD EUR GBP JP
Cerebras' strategic alignment with OpenAI could reshape AI chip market dynamics, challenging Nvidia's dominance amid geopolitical tensions. The post Cerebras partners with OpenAI, targets $50B market cap on IPO day appeared first on Crypto Briefing.
Reform UK's gains highlight potential shifts in UK political dynamics, challenging Starmer's leadership and Labour's EU strategy. The post Reform UK’s election gains pressure Starmer’s leadership amid EU push appeared first on Crypto Briefing.
Launching into the magic of the Altman-osphere could prove to be quite a windfall
The latest artificial intelligence models from Anthropic and OpenAI are extending the United States’ lead over China and intensifying the rivalry between the countries.
The cases seek to use consumer product safety laws to rein in chatbot companies.
OpenAI's EU collaboration could set a precedent for AI regulation, influencing global cybersecurity standards and competitive dynamics. The post OpenAI offers European Union access to advanced cybersecurity AI model appeared first on Crypto Briefing.
