Melinda French Gates announced today she is stepping down from the Bill and Melinda Gates Foundation, three years after announcing her separation from Microsoft co-founder Bill Gates. With her departure as co-chair, the foundation will change its name to Gates Foundation and Bill Gates will be its sole chairperson, said CEO Mark Suzman. NBC News reports: In a statement posted on her Instagram account, she said that as part of her agreement to step down from the foundation, she will retain $12.5 billion that she plans to put toward her ongoing work supporting women and families. "This is not a decision I came to lightly," French Gates wrote. "I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world." In a separate statement, Bill Gates said, "I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work."

Now worth $75.2 billion, the Gates Foundation has over the course of its three-decade lifespan made $77.6 billion worth of grant payments, making it one of the largest donor organizations in the world, with a focus on health and developmental goals. It is one of the largest contributors to the World Health Organization, and played a key role in efforts to address the Covid pandemic. "After a difficult few years watching women's rights rolled back in the U.S. and around the world, she wants to use this next chapter to focus specifically on altering that trajectory," Suzman said of French Gates.

"I want to reassure you that the millions of people our work serves and the thousands of partners we work alongside can continue to count on the foundation. The foundation today is stronger than it has ever been."

"I know we all wish Melinda the best in her next chapter," he added, noting that French Gates "will not be bringing any of the foundation's work with her when she leaves."

An anonymous reader shares a report: Microsoft is attempting to solve the hassle of coordinating with colleagues on when everyone will be in the office. It's a problem that emerged with the increase in hybrid and flexible work after the recent covid-19 pandemic, with workers spending less time in the office. Microsoft Places is an AI-powered app that goes into preview today and should help businesses that rely on Outlook and Microsoft Teams to better coordinate in-office time together.

"When employees get to the office, they don't want to be greeted by a sea of empty desks -- they want face-time with their manager and the coworkers they collaborate with most frequently," says Microsoft's corporate vice president of AI at work, Jared Spataro, in a blog post. "With Places, you can more easily coordinate across coworkers and spaces in the office."

An anonymous reader shares a report: The default pasting behavior of Microsoft Word is a nightmare, and has been forever. If you want to add a text or image using the standard option, you can easily mess up the entire formatting in the text if a completely different font suddenly appears. After many years of complaints, Microsoft is finally listening to user feedback and changing the default behavior when pasting in Word.

From now on, the source's formatting will no longer be automatically retained. Instead, "Merge formatting" will be the new default for everyone, as Microsoft explained in a blog post this week. This means that after the update, newly pasted text will take on the font size, font type, and color of the text written in Word. However, special features such as lists or italicized elements will be retained. If you want these elements to be automatically adapted to the Word text, you must select the option "Keep text only."

The European Commission is set to issue new antitrust charges [non-paywalled link] against Microsoft over concerns that the tech giant is undermining competitors to its videoconferencing app Teams, according to FT. The move comes after Microsoft offered concessions last month, including a global plan to unbundle Teams from other software such as Office, in an attempt to avoid regulatory action.

The EU officials remain concerned that the company's efforts do not sufficiently ensure fairness in the market, the newspaper said. Rivals worry that Microsoft will make Teams run more compatibly with its own software compared to competitor apps, and that the lack of data portability makes it difficult for existing Teams users to switch to alternatives. The case, which originated from a formal complaint submitted by Slack (now owned by Salesforce) in 2020, is now escalating with the Commission's impending formal charge sheet against Microsoft.

The non-profit environmental site Grist reports on "an internal, employee-led effort to raise ethical concerns about Microsoft's work helping oil and gas producers boost their profits by providing them with cloud computing resources and AI software tools." There's been some disappointments — but also some successes, starting with the founding of an internal sustainability group within Microsoft that grew to nearly 10,000 employees: Former Microsoft employees and sources familiar with tech industry advocacy say that, broadly speaking, employee pressure has had an enormous impact on sustainability at Microsoft, encouraging it to announce industry-leading climate goals in 2020 and support key federal climate policies.

But convincing the world's most valuable company to forgo lucrative oil industry contracts proved far more difficult... Over the past seven years, Microsoft has announced dozens of new deals with oil and gas producers and oil field services companies, many explicitly aimed at unlocking new reserves, increasing production, and driving up oil industry profits...

As concerns over the company's fossil fuel work mounted, Microsoft was gearing up to make a big sustainability announcement. In January 2020, the company pledged to become "carbon negative" by 2030, meaning that in 10 years, the tech giant would pull more carbon out of the air than it emitted on an annual basis... For nearly two years, employees watched and waited. Following its carbon negative announcement, Microsoft quickly expanded its internal carbon tax, which charges the company's business groups a fee for the carbon they emit via electricity use, employee travel, and more. It also invested in new technologies like direct air capture and purchased carbon removal contracts from dozens of projects worldwide.

But Microsoft's work with the oil industry continued unabated, with the company announcing a slew of new partnerships in 2020 and 2021 aimed at cutting fossil fuel producers' costs and boosting production.
The last straw for one technical account manager was a 2023 LinkedIn post by a Microsoft technical architect about the company's work on oil and gas industry automation. The post said Microsoft's cloud service was "unlocking previously inaccessible reserves" for the fossil fuel industry, promising that with Microsoft's Azure service, "the future of oil and gas exploration and production is brighter than ever."

The technical account manager resigned from the position they'd held for nearly a decade, citing the blog post in a resignation letter which accused Microsoft of "extending the age of fossil fuels, and enabling untold emissions."

Thanks to Slashdot reader joshuark for sharing the news.

The Dillo browser dates back to 1999, writes the Register, with its own rendering engine. And now Dillo "has returned with a new release, version 3.1.

"It's nearly nine years after version 3.05 appeared on the last day of June 2015." Version 3.1 incorporates dozens of fixes and improvements, as the official announcement describes.

Project lead Rodrigo Arias Mallo announced his resurrection attempt on Hacker News early this year. He has taken the last available code from the project's Mercurial repository, incorporated about 25 outstanding fixes, and added as many again of his own.

Dillo is a super-lightweight graphical web browser for Unix-like OSes, written using the Fast Light Toolkit. The latest version has a number of new features, although one of the most significant is support for Transport Layer Security. TLS is the successor to SSL, with a Microsoft-approved name. Dillo 3.1 supports it thanks to the Mbed-TLS library.
It doesn't support frames, embedded media playback, or JavaSccript — but it can run on very low-end hardware...

Thanks to Lproven (Slashdot reader #6,030) for sharing the news.

What happened when OpenAI ran out of English-language training data in 2021?

They just created a speech recognition tool that could transcribe the audio from YouTube videos, reports The New York Times, as part of an investigation arguing that tech companies "including OpenAI, Google and Meta have cut corners, ignored corporate policies and debated bending the law" in their search for AI training data. [Alternate URL here.] Some OpenAI employees discussed how such a move might go against YouTube's rules, three people with knowledge of the conversations said. YouTube, which is owned by Google, prohibits use of its videos for applications that are "independent" of the video platform. Ultimately, an OpenAI team transcribed more than 1 million hours of YouTube videos, the people said. The team included Greg Brockman, OpenAI's president, who personally helped collect the videos, two of the people said. The texts were then fed into a system called GPT-4...

At Meta, which owns Facebook and Instagram, managers, lawyers and engineers last year discussed buying the publishing house Simon & Schuster to procure long works, according to recordings of internal meetings obtained by the Times. They also conferred on gathering copyrighted data from across the internet, even if that meant facing lawsuits. Negotiating licenses with publishers, artists, musicians and the news industry would take too long, they said.

Like OpenAI, Google transcribed YouTube videos to harvest text for its AI models, five people with knowledge of the company's practices said. That potentially violated the copyrights to the videos, which belong to their creators. Last year, Google also broadened its terms of service. One motivation for the change, according to members of the company's privacy team and an internal message viewed by the Times, was to allow Google to be able to tap publicly available Google Docs, restaurant reviews on Google Maps and other online material for more of its AI products...

Some Google employees were aware that OpenAI had harvested YouTube videos for data, two people with knowledge of the companies said. But they didn't stop OpenAI because Google had also used transcripts of YouTube videos to train its AI models, the people said. That practice may have violated the copyrights of YouTube creators. So if Google made a fuss about OpenAI, there might be a public outcry against its own methods, the people said.
The article adds that some tech companies are now even developing "synthetic" information to train AI.

"This is not organic data created by humans, but text, images and code that AI models produce — in other words, the systems learn from what they themselves generate."

SiliconANGLE looks at how starting in 2021, Microsoft and Red Hat have formed "an unlikely partnership set to reshape the landscape of cloud computing..." First, their collective open-source capabilities will lead to co-developed solutions to simplify the modernization and migration of Red Hat technologies to the cloud, seamlessly integrating them with Microsoft's Azure platform, according to João Couto, EMEA VP and COO of cloud commercial solutions at Microsoft. "We have acquired GitHub, which is also one of the largest repositories of open source worldwide," he said. "In that context, it makes a lot of sense to work together with Red Hat."
Transcribed from their interview: What we have been doing so far is making sure that we are co-developing solutions together with Red Hat. And making these solutions available to our customers — making it easy for customers to transform, to modernize [their] Red Hat technology running on-prem, and moving them into cloud using our own Microsoft cloud technology, but Red Hat solutions, in a very, very seamless, integrated way. And also leveraging all the entire portfolio of Red Hat automation tools, so that they can make it easier for customers not just to do the migration, but also to do management, run the operation, and all the troubleshooting also from the customer-care perspective. So that's basically an end-to-end partnership approach that we are taking...

"[Customers] get an integrated support experience from Red Hat technical teams and Microsoft technical teams. And this means that these two technical teams are often colocated, so whenever a customer has a challenge, they are being answered by Microsoft and Red Hat technical teams, all working together to solve this challenge from the customer. So this brings also an increased level of confidence to customers to move to cloud...

"We have both engineering teams from both sides working together to achieve this level of integration between the two solutions. So when you talk about Red Hat Enterprise Linux or when you have the Azure Red Hat OpenShift, which is a new solution that we have recently launched — these are solutions that using open source, are bringing in an additional level of integration, flexibility, automation to customers. So that they can migrate, and manage, their solutions in a more seamless way, and in a more easy way. So we are embedding this kind of overlying partnership from an open source perspective to bring these innovations live to customers."

The head of the world's biggest advertising group was the target of an elaborate deepfake scam that involved an AI voice clone. From a report: The CEO of WPP, Mark Read, detailed the attempted fraud in a recent email to leadership, warning others at the company to look out for calls claiming to be from top executives. Fraudsters created a WhatsApp account with a publicly available image of Read and used it to set up a Microsoft Teams meeting that appeared to be with him and another senior WPP executive, according to the email obtained by the Guardian.

During the meeting, the impostors deployed a voice clone of the executive as well as YouTube footage of them. The scammers impersonated Read off-camera using the meeting's chat window. The scam, which was unsuccessful, targeted an "agency leader," asking them to set up a new business in an attempt to solicit money and personal details. "Fortunately the attackers were not successful," Read wrote in the email. "We all need to be vigilant to the techniques that go beyond emails to take advantage of virtual meetings, AI and deepfakes."

During a Bloomberg event today, Xbox president Sarah Bond said the company plans to launch a mobile gaming store to rival Apple and Google. "According to Bond, the as-yet-unnamed store will launch in July on web browsers, rather than a designated app, with Microsoft's recently-acquired Candy Crush Saga serving as a day-one tentpole franchise," reports GeekWire. From the report: Microsoft's entry into the mobile gaming market -- the most lucrative arm of the games industry -- has been anticipated, particularly since the company's recent $69 billion acquisition of California-based mega-developer Activision Blizzard King. In November, Xbox head Phil Spencer that the company was "talking to other partners" to potentially launch a mobile store.

The move sets the stage for a new competition between Microsoft and both Google and Apple, since most mobile games are sold and downloaded through their respective app stores. Bond told Bloomberg that the new Microsoft mobile store "goes truly across devices -- where who you are, your library, your identity, your rewards travel with you versus being locked to a single ecosystem."

An anonymous reader quotes a report from CNBC: In 2022, at the height of the "great resignation," a record 4.5 million workers each month -- about 3% of the U.S. workforce -- were quitting their jobs. While some economists have said this pandemic-era trend is over, new research from Microsoft and LinkedIn forecasts that even more people plan to leave their jobs in 2024. Nearly half (46%) of professionals say they're considering quitting in the year ahead -- higher than the 40% who said the same ahead of 2021s great resignation, according to new research from Microsoft and LinkedIn, which surveyed more than 30,000 people in 31 countries between February and March 2024.

In the U.S., LinkedIn has seen a 14% increase in job applications per opening since last fall, with 85% of workers saying they plan to look for a new role in 2024, a survey of 1,013 U.S. professionals conducted between November and December 2023 found. And Americans' confidence in their job-hunting prospects has reached its highest point in two years, a February 2024 ZipRecruiter survey of more than 2,000 jobseekers shows. This renewed sense of optimism is aided by the fact that the U.S. economy avoided the recession forecast for 2023, ZipRecruiter chief economist Julia Pollak tells CNBC Make It. [...]

It's not just better labor market conditions driving more U.S. workers to consider a career change in 2024. Inflation is still squeezing Americans' budgets; nearly half (45%) of workers planning to switch jobs this year say they need a higher income, according to Monster's 2024 Work Watch Report. Job switchers tend to increase their salaries more quickly than those who stay put, per data from the Federal Reserve Bank of Atlanta. Changing jobs is coming with greater pay gains: New data from ADP shows the median year-over-year pay increase for job switchers was 10% in March, up from 2.9% six months prior. With salaries finally keeping up with inflation, Pollak adds, the return on investment of switching jobs feels "much higher" than it did six months ago.

The sudden closure of several video-game studios at Microsoft's Xbox division was the result of a widespread cost-cutting initiative that still isn't finished. From a report: This week, Xbox began offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax, which it purchased in 2020 for $7.5 billion, according to people familiar with the company's plans. Others across the Xbox organization have been told that more cuts are on the way. Employees were shocked by the unexpected shuttering Tuesday of three Xbox subsidiaries and the absorption of a fourth. The closures included Tokyo-based Tango Gameworks, which last year released the critically acclaimed action game Hi-Fi Rush. Tango was in the process of pitching a sequel, said the people, who asked not to be identified discussing nonpublic information.

During a town hall with ZeniMax staff on Wednesday morning, Xbox president Matt Booty praised Hi-Fi Rush but did not specify why the company had shut down the development studio behind it, according to three people who were in attendance. Speaking about the closures more broadly, Booty said that the company's studios had been spread too thin -- like "peanut butter on bread" -- and that leaders across the division had felt understaffed. They decided to close these studios to free up resources elsewhere, he said. Booty added that the shutdown of subsidiary Arkane Austin, the longtime developer of games such as Prey, was not connected to the performance of its new multiplayer game, Redfall, a critical and commercial flop.

The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans to place guardrails around the most advanced AI models, the core software of artificial intelligence systems like ChatGPT, Reuters reported Wednesday. From the report: The Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models, whose software and the data it is trained on are kept under wraps, three people familiar with the matter said. Any action would complement a series of measures put in place over the last two years to block the export of sophisticated AI chips to China in an effort to slow Beijing's development of the cutting edge technology for military purposes. Even so, it will be hard for regulators to keep pace with the industry's fast-moving developments.

Currently, nothing is stopping U.S. AI giants like Microsoft-backed OpenAI, Alphabet's Google DeepMind and rival Anthropic, which have developed some of the most powerful closed source AI models, from selling them to almost anyone in the world without government oversight. Government and private sector researchers worry U.S. adversaries could use the models, which mine vast amounts of text and images to summarize information and generate content, to wage aggressive cyber attacks or even create potent biological weapons. To develop an export control on AI models, the sources said the U.S. may turn to a threshold contained in an AI executive order issued last October that is based on the amount of computing power it takes to train a model. When that level is reached, a developer must report its AI model development plans and provide test results to the Commerce Department.

Wayve, a UK-based AI firm focused on developing self-driving car technology, has secured a record $1.05 billion in funding, with Microsoft and Nvidia participating in the round led by SoftBank. According to the BBC, this investment is the largest for an AI company in Europe. The BBC reports: Wayve says the funding will allow it to help build the autonomous cars of the future. [...] Wayve is developing technology intended to power future self-driving vehicles by using what it calls "embodied AI." Unlike AI models carrying out cognitive or generative tasks such as answering questions or creating pictures, this new technology interacts with and learns from real-world surroundings and environments. "[The investment] sends a crucial signal to the market of the strength of the UK's AI ecosystem, and we look forward to watching more AI companies here thrive and scale," said Wayve head Alex Kendall.

An anonymous reader quotes a report from Ars Technica: In a major shake-up of its chip roadmap, Apple has announced a new M4 processor for today's iPad Pro refresh, barely six months after releasing the first MacBook Pros with the M3 and not even two months after updating the MacBook Air with the M3. Apple says the M4 includes "up to" four high-performance CPU cores, six high-efficiency cores, and a 10-core GPU. Apple's high-level performance estimates say that the M4 has 50 percent faster CPU performance and four times as much graphics performance. Like the GPU in the M3, the M4 also supports hardware-accelerated ray-tracing to enable more advanced lighting effects in games and other apps. Due partly to its "second-generation" 3 nm manufacturing process, Apple says the M4 can match the performance of the M2 while using just half the power.

As with so much else in the tech industry right now, the M4 also has an AI focus; Apple says it's beefing up the 16-core Neural Engine (Apple's equivalent of the Neural Processing Unit that companies like Qualcomm, Intel, AMD, and Microsoft have been pushing lately). Apple says the M4 runs up to 38 trillion operations per second (TOPS), considerably ahead of Intel's Meteor Lake platform, though a bit short of the 45 TOPS that Qualcomm is promising with the Snapdragon X Elite and Plus series. The M3's Neural Engine is only capable of 18 TOPS, so that's a major step up for Apple's hardware. Apple's chips since 2017 have included some version of the Neural Engine, though to date, those have mostly been used to enhance and categorize photos, perform optical character recognition, enable offline dictation, and do other oddities. But it may be that Apple needs something faster for the kinds of on-device large language model-backed generative AI that it's expected to introduce in iOS and iPadOS 18 at WWDC next month. A separate report from the Wall Street Journal says Apple is developing a custom chip to run AI software in datacenters. "Apple's server chip will likely be focused on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant," reports Reuters.

Further reading: Apple Quietly Kills the Old-school iPad and Its Headphone Jack

Microsoft has deployed a generative AI model entirely divorced from the internet, saying US intelligence agencies can now safely harness the powerful technology to analyze top-secret information. From a report: It's the first time a major large language model has operated fully separated from the internet, a senior executive at the US company said. Most AI models including OpenAI's ChatGPT rely on cloud services to learn and infer patterns from data, but Microsoft wanted to deliver a truly secure system to the US intelligence community.

Spy agencies around the world want generative AI to help them understand and analyze the growing amounts of classified information generated daily, but must balance turning to large language models with the risk that data could leak into the open -- or get deliberately hacked. Microsoft has deployed the GPT4-based model and key elements that support it onto a cloud with an "air-gapped" environment that is isolated from the internet, said William Chappell, Microsoft's chief technology officer for strategic missions and technology.

Wesley Yin-Poole, reporting for IGN: Microsoft has closed a number of Bethesda studios, including Redfall maker Arkane Austin, Hi-Fi Rush and The Evil Within developer Tango Gameworks, and more in devastating cuts at Bethesda, IGN can confirm. Alpha Dog Studios, maker of mobile game Mighty Doom, will also close. Roundhouse Games will be absorbed by The Elder Scrolls Online developer ZeniMax Online Studios.

On Redfall, the disastrous vampire co-op game will now not receive promised updates as Microsoft has ended all development on the game. Microsoft said Redfall will remain online to play, and it will provide a "make-good" offer for those who bought the Hero DLC. In an email to staff sent by Matt Booty, head of Xbox Game Studios, Microsoft blamed the cuts on a "reprioritization of titles and resources."

The Register provides a retrospective look at how Microsoft "absorbed the handset division of Nokia" ten years ago, only to kill the unit two years later and write it off as a tax loss. What went wrong? "It was a fatal combination of bad management, a market evolving in ways hidebound people didn't predict, and some really (with a few superb exceptions) terrible products," reports The Register. From the report: Like Nokia, Windows Mobile's popularity peaked in 2007, then started to drop away. The iPhone was the tech item of choice for fashionistas, Blackberry was seen as essential for serious business, and Android -- with Google as its new owner -- was gaining traction. Microsoft by that time had a new CEO in Steve Ballmer, who completely and famously failed to see the shifting sands in the mobile market. He dismissed the iPhone as a threat to what he thought was Windows Mobile's unassailable market position, and was roundly mocked for it. So the scene was set for a mobile standards war, and Steve Ballmer staked his professional pride on winning it. Microsoft recruited Nokia to help out. [...]

Under [Executive VP of Microsoft Stephen Elop's] leadership, a closer working relationship with Microsoft was a given -- but in 2013 Redmond announced it was going the whole hog and buying Nokia's handset business outright for $7.2 billion. The deal was done in April 2014, a decade ago from today. Microsoft also got a ten-year license on Nokia's patents and the option to renew in perpetuity. It also got Elop back, as executive vice president of the Microsoft Devices Group. That meant stepping down as CEO of Nokia, for which he trousered an 18.8 million bonus package -- a payoff the Finnish prime minister at the time called "outrageous." Nokia retained its networking business in Finland. It purchased Siemens' half of the Nokia Siemens Networks joint venture and renamed in Nokia Networks. The Nokia board rolled the dice again on hiring another non-Suomi manager, Rajeev Suri, and this time hit a double D20 in D&D terms.

When Ballmer stepped down from the helm at Microsoft in 2014 -- shortly before the Nokia deal completion -- he left a hot mess to deal with. His plan had been to develop the mobile operating system in conjunction with Windows 10, and Windows Mobile 10 was supposed to be a part of a unified code environment. While Windows 10 on the desktop wasn't a bad operating system, Windows Mobile 10 really was. The promised synergy just didn't happen -- it was power-hungry, clunky, and about as popular as a rattlesnake in a pinata. It was this mess that Satya Nadella faced when he took over the reins. Nadella was never very keen on the phone platform and spent more time in press conferences talking about cricket or the cloud than Microsoft's mobile ambitions. It was clear to all that this really wasn't working. Elop was laid off by Redmond a year later.

It was clear that Windows Mobile wasn't going to work. Android and iOS were drinking Microsoft's milkshake, and Redmond realized the game was up. Microsoft started shedding mobile jobs -- both in Finland and Redmond. While mobile was still publicly touted as the way forward for Microsoft with Ballmer gone, the impetus wasn't there and support for the mobile OS shriveled. In 2015 Microsoft declared it was writing off $7.6 billion on the Phone Hardware division as "goodwill and asset impairment charges" -- $400 million more than it had originally paid for the Finnish firm. Nokia bought European networking giant Alcatel-Lucent in a $16.7 billion deal in 2015. Around the same time, Suri announced a move into tablets, since it had a non-compete agreement with Microsoft on mobiles. Meanwhile a bunch of former Nokia execs who'd fled Elop and Microsoft had started a mobile biz of their own: HMD. It was Finnish, but outsourced production to Foxconn in China, and was planning to make cheapish Android devices. In 2016 Microsoft sold its mobile hardware arm to HMD for an undisclosed -- but probably not large -- sum. Nadella clearly wanted out of the whole business and the Finnish startup concentrated on selling good-enough Android smartphones to Nokia's traditional cheap markets.

Swedish energy company Stockholm Exergi and Microsoft have announced a 10-year deal that will provide the tech giant with more than 3.3 million tons of carbon removal certificates through bioenergy with carbon capture and storage. While the value of the deal was not disclosed, it stands as the largest of its kind globally. Carbon Herald reports: Scheduled to commence in 2028 and span a decade, the agreement underscores a pivotal moment in combatting climate change. Anders Egelrud, CEO of Stockholm Exergi, lauded the deal as a "huge step" for the company and its BECCS project, emphasizing its profound implications for climate action. "I believe the agreement will inspire corporations with ambitious climate objectives, and we target to announce more deals with other pioneering companies over the coming months," he said. Recognizing the imperative of permanent carbon removals in limiting global warming to 1.5C or below, the deal aligns with Microsoft's ambitious goal of becoming carbon negative by 2030.

"Leveraging existing biomass power plants is a crucial first step to building worldwide carbon removal capacity," Brian Marrs, Microsoft's Senior Director of Energy & Carbon Removal, said, highlighting the importance of sustainable biomass sourcing for BECCS projects, as is the case with Stockholm Exergi. The partners will adhere to stringent quality standards, ensuring transparent reporting and adherence to sustainability criteria. The BECCS facility, once operational, will remove up to 800,000 tons of carbon dioxide (CO2) annually, contributing significantly to atmospheric carbon reduction. With environmental permits secured and construction set to commence in 2025, Stockholm Exergi plans to reach the final investment decision by the end of the year.

An anonymous reader quotes a report from TechCrunch: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors, including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $19 billion post-money and its total raised to $5 billion in debt and equity -- a remarkable figure for a company that's less than 10 years old. It's not just CoreWeave. Lambda Labs, which also offers an array of cloud-hosted GPU instances, in early April secured a "special purpose financing vehicle" of up to $500 million, months after closing a $320 million Series C round. The nonprofit Voltage Park, backed by crypto billionaire Jed McCaleb, last October announced that it's investing $500 million in GPU-backed data centers. And Together AI, a cloud GPU host that also conducts generative AI research, in March landed $106 million in a Salesforce-led round.

So why all the enthusiasm for -- and cash pouring into -- the alternative cloud space? The answer, as you might expect, is generative AI. As the generative AI boom times continue, so does the demand for the hardware to run and train generative AI models at scale. GPUs, architecturally, are the logical choice for training, fine-tuning and running models because they contain thousands of cores that can work in parallel to perform the linear algebra equations that make up generative models. But installing GPUs is expensive. So most devs and organizations turn to the cloud instead. Incumbents in the cloud computing space -- Amazon Web Services (AWS), Google Cloud and Microsoft Azure -- offer no shortage of GPU and specialty hardware instances optimized for generative AI workloads. But for at least some models and projects, alternative clouds can end up being cheaper -- and delivering better availability.

On CoreWeave, renting an Nvidia A100 40GB -- one popular choice for model training and inferencing -- costs $2.39 per hour, which works out to $1,200 per month. On Azure, the same GPU costs $3.40 per hour, or $2,482 per month; on Google Cloud, it's $3.67 per hour, or $2,682 per month. Given generative AI workloads are usually performed on clusters of GPUs, the cost deltas quickly grow. "Companies like CoreWeave participate in a market we call specialty 'GPU as a service' cloud providers," Sid Nag, VP of cloud services and technologies at Gartner, told TechCrunch. "Given the high demand for GPUs, they offers an alternate to the hyperscalers, where they've taken Nvidia GPUs and provided another route to market and access to those GPUs." Nag points out that even some Big Tech firms have begun to lean on alternative cloud providers as they run up against compute capacity challenges. Microsoft signed a multi-billion-dollar deal with CoreWeave last June to help provide enough power to train OpenAI's generative AI models.

"Nvidia, the furnisher of the bulk of CoreWeave's chips, sees this as a desirable trend, perhaps for leverage reasons; it's said to have given some alternative cloud providers preferential access to its GPUs," reports TechCrunch.