Meet the boss: Liz Reid of Google
Who needs search engines when chatbots can scour the internet for you? When Google launched its AI Overviews last year, the new top-of-page summaries could have cannibalised clicks on the links that appeared below. The company's head of search describes how the process unfolded.
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Reuters
2 hours ago
- Reuters
CoreWeave to offer compute capacity in Google's new cloud deal with OpenAI, sources say
June 11 (Reuters) - CoreWeave (CRWV.O), opens new tab has emerged as a winner in Google's newly signed partnership with OpenAI, sources familiar with the matter told Reuters, in the latest example of the voracious appetite for computing resources in the artificial-intelligence industry and the formation of new alliances to meet them. The so-called neocloud company, which sells cloud computing services built on Nvidia's (NVDA.O), opens new tab graphics processing units, is slated to provide computing capacity to Google's cloud unit, and Alphabet's (GOOGL.O), opens new tab Google will then sell that computing capacity to OpenAI to meet the growing demand for services like ChatGPT, the sources said. Google will also provide some of its own computing resources to OpenAI, added the sources, who requested anonymity to discuss private matters. The details of the arrangement, first reported by Reuters on Tuesday, highlight the evolving dynamics between hyperscalers like (AMZN.O), opens new tab, Microsoft (MSFT.O), opens new tab and Google and so-called neocloud companies like Coreweave. Hyperscalers are large cloud service providers that offer massive-scale data centers and cloud infrastructure. The insatiable hunger for computing resources has generated major investment commitments and turned rivals into partners. Backed by OpenAI and Nvidia, Coreweave signed up Google as a customer in the first quarter. CoreWeave, Google and OpenAI declined to comment. CoreWeave, a specialized cloud provider that went public in March, has already been a major supplier of OpenAI's infrastructure. It has signed a five-year contract worth $11.9 billion with OpenAI to provide dedicated computing capacity for OpenAI's model training and inference. OpenAI also took a $350 million equity stake in CoreWeave in March. This partnership was further expanded last month through an additional agreement worth up to $4 billion, extending through April 2029, underscoring OpenAI's escalating demand for high-performance computing resources. Industry insiders say adding Google Cloud as a new customer could help CoreWeave diversify its revenue sources, and having a credible partner with deep pockets like Google enables the startup to secure more favorable financing terms to support ambitious data center buildouts across the country. This could also boost Google's cloud unit, which generated $43 billion in sales last year, allowing it to capitalize on the growth of OpenAI, which is also one of its largest competitors in areas like search and chatbots. It positions Google as a neutral provider of computing resources in competition with peers such as Amazon and Microsoft. CoreWeave's deal with Google coincides with Microsoft's re-evaluation of its data center strategy, including withdrawing from certain data center leases. Microsoft, once Coreweave's largest customer, accounting for about 62% of its 2024 revenue, is also renegotiating with OpenAI to revise the terms of their multibillion-dollar investment, including the future equity stake it will hold in OpenAI. CoreWeave, backed by Nvidia, has established itself as a fast-rising provider of GPU-based cloud infrastructure in the AI wave. While its public debut in March was met with a lukewarm response due to concerns over its highly leveraged capital structure and shifting GPU demand, the company's stock has surged since its IPO price of $40 per share, gaining over 270% and reaching a record high of $166.63 in June.
Auto Blog
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Check any cables and reboot any routers, modems, or other network devices you may be using. Allow Chrome to access the network in your firewall or antivirus settings. If it is already listed as a program allowed to access the network, try removing it from the list and adding it again.
Scottish Sun
6 hours ago
- Scottish Sun
Major broadband provider with 1.5million customers is AXING free service and introducing £15 charge
It's not the only service Plusnet has axed in recent months FEE HIKE Major broadband provider with 1.5million customers is AXING free service and introducing £15 charge PLUSNET is scrapping a free in-house service used by thousands of customers and replacing it with a paid subscription model. All Plusnet email customers are being progressively moved to a new provider called Greenby, but the company insists it's not cutting the service. 1 Plusnet will contact those affected with instructions when it's their turn to switch Credit: Alamy The move, which began last month, will see existing Plusnet email addresses and inboxes migrated to Greenby's platform by the end of November. The broadband provider said it's making the change to ensure its customers inboxes remain safe and secure. A spokesperson added: "We're ensuring our customers get the best possible experience." Plusnet will contact those affected with instructions when it's their turn to switch. After the switch, customers with Plusnet broadband at the time of migration will get two years of free email service with Greenby. However, customers without Plusnet broadband at the time of migration will only get 30 days of free service, after which they'll need to pay £15 per year to Greenby. Plusnet won't add any charges to customer bills. If a customer chooses to opt out, they'll lose access to their Plusnet email account. Greenby said: "We understand that many people rely on email addresses they've used for years, and it's important that those who want to keep using the service can do so with confidence in its reliability." We recommend using a free standalone email provider to avoid the hassle of changing email services if you switch broadband providers in the future. CHECK YOUR SPEED: Broadband Free email providers WORRIED about your email being tied to your internet provider? There are plenty of excellent free email services you can use instead. Here are a few popular choices: Examples include: Gmail: Google's offering is feature-rich, with plenty of storage and excellent spam filtering. Integrates seamlessly with other Google services. Google's offering is feature-rich, with plenty of storage and excellent spam filtering. Integrates seamlessly with other Google services. Microsoft's webmail service offers a clean interface and integrates with Microsoft Office apps. Good storage options are available. Microsoft's webmail service offers a clean interface and integrates with Microsoft Office apps. Good storage options are available. Yahoo! Mail: A long-standing provider with a large storage capacity. It includes a built-in news feed. A long-standing provider with a large storage capacity. It includes a built-in news feed. Proton Mail: For those prioritising privacy, Proton Mail offers end-to-end encryption. Based in Switzerland, it has strong data protection laws (free but limited storage). For those prioritising privacy, Proton Mail offers end-to-end encryption. Based in Switzerland, it has strong data protection laws (free but limited storage). GMX Mail: Offers a good balance of features and storage space. Includes a spam filter and virus protection. Last year, Plusnet told The Sun that it will no longer offer home phone services to existing customers once analogue services are switched off. This means that customers who still want landline phone service in the future will be forced to move to a different telephone company that offers a digital service. It comes as all copper-based phone lines will be switched off by the end of 2027. The telecom firm previously previously shut its TV service and has begun winding down its Plusnet Mobile operations. Plusnet Mobile stopped selling its own-brand sim-only mobile plans to new customers at the end of March 2023. At the beginning of May 2023, existing Plusnet Mobile customers received emails confirming that the network would close for good in June 2024.
