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Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share, to expand in Latin American, closing in Q2 2025 (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg : Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share,...

31 July 2024

Source: TikTok was paying Microsoft ~$20M/mo. to use OpenAI's models in Azure OpenAI Service as of March, ~25% of the total revenue that service was generating (Aaron Holmes/The Information)

Aaron Holmes / The Information:
Source: TikTok was paying Microsoft ~$20M/mo. to use OpenAI's models in Azure OpenAI Service as of March, ~25% of the total revenue that service was generating  —  Microsoft has had success reselling OpenAI's artificial intelligence to its cloud customers, a core part of its plan to build a new multibillion-dollar profit machine.

Posted from: this blog via Microsoft Power Automate.

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