Tuesday, August 6, 2024

Xerox pencils $355 million as tech spends for 7-year TCS deal

Xerox disclosed in a filing in the US that it has a commitment with Microsoft for $125 million and with SAP for $45 million for the same duration under this multi-party agreement.

from Tech-Economic Times https://ift.tt/OX0RnWH

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...