Tech

xAI hires former Morgan Stanley banker Anthony Armstrong as CFO

Elon Musk’s AI company, xAI, now has a new chief financial officer: Former Morgan Stanley banker Anthony Armstrong, the Financial Times reported, citing anonymous sources. Armstrong, who previously advised Musk during the Twitter deal, will oversee the finances of both xAI and X, which were merged in April, the report …

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Microsoft buys another 100 MW of solar, this time in Japan

Microsoft is buying 100 megawatts of solar capacity from Japanese developer Shizen Energy, the latest in a string of renewable energy deals designed to power the tech company’s growing compute needs.  The agreement, which the companies announced late last week, covers four different solar developments; one is already operating and …

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OpenAI ramps up developer push with more powerful models in its API 

OpenAI unveiled new API updates at its Dev Day on Monday, introducing GPT-5 Pro, its latest language model, its new video generation model Sora 2, and a smaller, cheaper voice model.   The updates were part of a series of announcements geared towards wooing developers to OpenAI’s ecosystem, including the launch of an agent-building tool and the ability to build apps in ChatGPT.  …

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