Lambda, Microsoft agree multibillion-dollar AI infrastructure deal

Lambda, Microsoft agree multibillion-dollar AI infrastructure deal

Cloud computing startup Lambda announced on Monday a multibillion-dollar deal with Microsoft for artificial intelligence infrastructure powered by tens of thousands of Nvidia chips. The agreement comes as Lambda benefits from surging consumer demand for AI-powered services, including AI chatbots and assistants, CEO Stephen Balaban told CNBC’s “Money Movers” on Monday. “We’re in the middle…

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Trump says he doesn’t know Binance founder CZ after pardoning him

Trump says he doesn’t know Binance founder CZ after pardoning him

Changpeng Zhao, founder of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. Benoit Tessier | Reuters President Donald Trump said he knows nothing about Binance founder Changpeng Zhao — or that company’s recent involvement in a cryptocurrency venture linked to…

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