Nadella urges AI industry to prioritize shared value

Microsoft CEO Satya Nadella urged the technology industry on November 15 to move away from zero-sum thinking in artificial intelligence development, calling for platforms that generate value for users rather than extract it. In a post on X, he emphasized that companies must build their own AI capabilities instead of inadvertently transferring core value to tech giants, invoking a principle articulated by Microsoft co-founder Bill Gates: "A platform is when the economic value of everybody that uses it exceeds the value of the company that creates it". #Microsoft #SatyaNadella #AISuperfactory #AIInfrastructure #TechLeadership #BillGates #AIPlatforms https://www.perplexity.ai/...

Galaxy Digital reports record $28.4B revenue, doubling estimates Galaxy Digital reported exceptional third-quarter results on October 21, posting revenue of $28.4 billion that nearly doubled Wall Street expectations and marking the company's strongest quarter in its eight-year history #GalaxyDigital #AIInfrastructure
#DataCenters #DigitalAssets #CryptoFinance #Q3Results
#Fintech #AI https://www.perplexity.ai/...

Microsoft nears $4 trillion market cap on AI boom Microsoft stock closed at $513.58 on October 17, positioning the tech giant within striking distance of a historic $4 trillion market valuation as massive artificial intelligence investments drive unprecedented growth. The company's market capitalization currently stands at approximately $3.82 trillion, making it one of only two companies to approach this milestone alongside Nvidia. #Microsoft #AI #artificialintelligence #MarketCap #TechNews #CloudComputing #Azure #AIInfrastructure #OpenAI https://www.perplexity.ai/...

Nvidia partners with Firmus on $2.9B AI data centers Nvidia has partnered with Australian startup Firmus Technologies on a $2.9 billion initiative to build renewable energy-powered artificial intelligence data centers across Australia, marking one of the largest AI infrastructure investments in the Asia-Pacific region #NVIDIA #FirmusTechnologies #DataCenters #artificialintelligence #AIInfrastructure #RenewableEnergy #AustraliaTech #GreenTech
https://www.perplexity.ai/...

OpenAI to build $25B AI data center in Argentina. OpenAI, the creator of ChatGPT, signed a letter of intent with Argentine firm Sur Energy to build a massive $25 billion artificial intelligence data center in Argentina's Patagonia region, marking the company's first Stargate project in Latin America. The announcement came Friday following a meeting between President Javier Milei and senior executives from OpenAI. #OpenAI #artificialintelligence #AIDataCenter #ArgentinaTech #StargateProject #SurEnergy
#AIInfrastructure https://www.perplexity.ai/...

AI chipmaker Cerebras Systems has withdrawn its IPO plans shortly after raising $1.1B at an $8.1B valuation. The company cites an outdated prospectus amid rapid AI advancements but remains committed to going public soon. The move reflects strategic and regulatory challenges in the AI chip market. #Cerebras #IPO #AIChips #artificialintelligence #TechNews #Funding #NvidiaCompetitor #AIInfrastructure #StartupNews #TechFunding #innovation #AIHardware https://www.perplexity.ai/...

BlackRock Nears $40 Billion Data Center Deal in Bet on AI largest deals, as major investors race to capitalize on the artificial intelligence infrastructure boom. #AIInfrastructure #DataCenters #Cloudmputing #AIInvestment https://finance.yahoo.com/...

South Korean tech giants Samsung and SK Hynix partner with OpenAI to supply memory chips and build AI data centers, fueling a surge in Korea's stock market and strengthening its role as a global AI hub amid Fed rate cut optimism #OpenAI #Samsung #SKHynix #AIBoom #StargateProject #AIInfrastructure #SouthKorea #KoreanTech #Semiconductors #DataCenters #AsianMarkets #FedRateCut #MarketRally #GlobalEconom https://www.perplexity.ai/...