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Reid Hoffman: It’s time to change Silicon Valley culture — Technology Review
Find LinkedIn cofounder and venture capitalist Reid Hoffman in a conversation with MIT Media Lab director Joi Ito. A story in Technology Review by...
Microsoft appoints LinkedIn cofounder Reid Hoffman to board
Microsoft has appointed Reid Hoffman, co-founder of LinkedIn, to its board of directors. Mr. Hoffman will be appointed to the Regulatory and Public Policy Committee.
Mr....
Inflection AI raises $1.3B
Inflection AI has raised $1.3 billion from Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor Nvidia.
Microsoft just invested $1 billion in OpenAI to work on large-scale AI systems
Microsoft is investing $1 billion in artificial intelligence research company OpenAI, as part of a multiyear partnership, to extend Azure’s capabilities in large-scale AI systems.
Microsoft appoints PepsiCo CFO Hugh Johnston to board
Microsoft has appointed Hugh Johnston, vice chairman and chief financial officer of PepsiCo, to its board of directors and to the board’s audit committee.
Mr....
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Industry
Amazon announces $1.31B investment in France
Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web
Amazon Web Services CEO Adam Selipsky to step down — CNBC
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer.Â
AI
Palo Alto Networks, Accenture expand alliance to offer generative AI services
Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.Â
Industry
Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services
Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.
Industry
Squarespace to be acquired by Permira for $6.9B
Squarespace will be acquired by global private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion.