Wednesday, April 24, 2024

Cognizant utilising acquisition strategy to further AI investments: CEO

US-headquartered IT and professional services firm Cognizant had last year announced that it would invest $1 billion over the next three years to augment its generative artificial intelligence (Gen AI) capabilities.

from Tech-Economic Times https://ift.tt/MAt7G6e

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...