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CoreWeave, an Nvidia-backed AI startup, has announced a five-year, $11.9 billion contract with OpenAI. This deal comes as CoreWeave prepares for an upcoming IPO and provides a significant boost to the company. Image note: Image generated by AI, image licensing provider Midjourney, based on CoreWeave's announcement. The company will provide AI infrastructure for OpenAI.

Recently, Indian IT giant Infosys has been actively engaging in talks with German automobile manufacturer Daimler to seek an early renewal of a $3 billion contract, aiming to extend their collaboration beyond 2028 based on the existing agreement. A highlight of this renewal is that Infosys plans to incorporate Artificial Intelligence (AI) technology into the new agreement, adding a new revenue stream to its existing service offerings. Image source note: Image generated by AI, image licensed from service provider Midjour.

Recently, Tencent's electronic signature public account announced the launch of a new AI contract drafting feature. This feature is strongly supported by two AI models, Hunyuan and DeepSeek, and aims to help users generate contracts with a single click, greatly facilitating the contract needs in daily life. For example, Xiaowang, who has just entered the workforce, and his friends decided to rent a house together, but they have little understanding of the contract terms. To protect his rights, Xiaowang thought of using the power of AI to generate a co-rental contract. He only needs to input to the AI, 'Please help me write a contract.'

Recently, Tencent E-signature's official account announced the upcoming launch of an AI contract drafting feature. This innovative function will leverage Tencent's Hunyuan and DeepSeek large model technologies to provide users with a convenient one-click contract generation service.

Recently, OpenAI announced a partnership with defense contractor Anduril, which has sparked strong reactions from employees within the company. Many employees expressed their concerns about the military applications of OpenAI technology on the internal discussion platform and demanded more transparency from the company. Source note: Image generated by AI, image licensed by Midjourney. According to a report from The Washington Post, employees questioned whether AI technology could be limited to defensive drone attacks and even raised concerns like

Recently, US defense contractor Anduril Industries announced the launch of two new autonomous aircraft, Bolt and Bolt-M. These drones are equipped with advanced artificial intelligence technology and are touted as easy to operate and highly precise, aiming to change the traditional use of drones. The Bolt is a reconnaissance drone with a maximum flight range of over 20 kilometers, a flight time of over 45 minutes, and weighs approximately 5.4 kilograms. Anduril states that this drone is not only suitable for reconnaissance but can also

Highwire has launched an AI-powered safety risk management tool that provides contractors with deep insights through automated document reviews and risk identification, reducing thousands of man-hours spent on traditional manual reviews. The tool offers more accurate contractor assessments, helping managers implement mitigation strategies before work begins, categorizing safety protocols as general, detailed, or comprehensive, and going beyond simple pass/fail analysis to support more informed decision-making. This AI technology was developed at Harvard University and aims to serve large companies with mature safety programs as well as small contractors, with the goal of enhancing safety.

At least 200 employees from DeepMind, Google's artificial intelligence research division, signed an internal letter on May 16, expressing concerns over Google's collaboration with military organizations, particularly in relation to reports of Google providing artificial intelligence and cloud computing services to the Israeli military. The employees believe this collaboration contradicts Google's mission statement and AI principles, undermining its image as a 'leader in ethical and responsible AI.' While these employees represent a small percentage of the total workforce at DeepMind, their actions reflect potential conflicts with Google's culture.

Reddit has reached a cooperation agreement with Google to donate $60 million annually for training artificial intelligence models. Reddit plans to submit an IPO application and will disclose financial information to potential investors. This marks the first public transaction between Reddit and a major AI company. Many AI companies are striking deals with content owners to diversify training data, raising copyright issues.

The United States Patent and Trademark Office has signed a $70 million contract with Accenture for the AI Patent Search Tool, which encompasses comprehensive system development and maintenance of existing capabilities, as well as new features. The USPTO aims to enhance the modernization of patent examination.

Google has announced the termination of its contract with Australian data company Appen, which provided training for large language model AI for Google products such as Bard and Search. The termination of the contract poses a significant revenue impact on Appen, and concerns about low wages for human workers have come to the forefront. A Google spokesperson stated that they will work with Appen to ensure a smooth transition. The concerns about wages and working conditions for human workers in the AI industry have become a hot topic of discussion.

UK-based company Robin AI has successfully completed a Series B funding round, raising nearly $430 million in total funding. Powered by Claude 2.1 technology, the Robin Copilot assistant enhances the efficiency of drafting and reviewing legal contracts. The new funds will be used to expand operations in the US and Asia-Pacific regions. Robin AI's unique solutions have garnered investor confidence, with Temasek Holdings leading the round. This reflects a growing interest in the application of artificial intelligence in the legal field, transforming the way the legal industry operates.

UK legal giant Allen & Overy has launched ContractMatrix to help lawyers draft standard legal contracts. Over 1,000 lawyers are already using it, and five companies plan to trial it in January next year. Developed in collaboration with Microsoft and AI startup Harvey, the tool aims to improve lawyers' efficiency and reduce costs. It can draft non-disclosure agreements and merger contracts, and has even been used to generate the world's first 100% AI-generated contract.

Contractors have joined the Alphabet Workers Union (AWU) to protest against retaliatory layoffs. The NLRB has determined that Google and Accenture are joint employers within the Google Content Creation Operations team in the U.S., prompting the protests. Google stated that it should not be involved in the union formation petition, but the NLRB concluded that 'Accenture and Google are joint employers of the petitioners.'

Oracle's Q1 revenue fell short of expectations, leading to a 9% drop in stock price. The company is accelerating the transition of Cerner to the cloud, which has slowed its revenue growth. Oracle is heavily promoting AI cloud contracts, having signed contracts worth over $4 billion.