Friday, June 27, 2025

Sources: Mark Zuckerberg and his lieutenants have discussed "de-investing" in Llama in favor of AI models from competitors like OpenAI and Anthropic (New York Times)

New York Times:
Sources: Mark Zuckerberg and his lieutenants have discussed “de-investing” in Llama in favor of AI models from competitors like OpenAI and Anthropic  —  Unhappy with his company's artificial intelligence efforts, Meta's C.E.O. is on a spending spree as he reconsiders his strategy …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...