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Here's your morning TNB Tech Minute for Tuesday, November 18th.

I'm Zoe Colkin for the Wall Street Journal.

Sites like X, chat GPT, and Spotify were knocked offline for tens of thousands of users this morning due to a global outage affecting

the web security service, Cloudflare. Many major sites and companies rely on Cloudflare for security

tools that protect from cyber attacks and traffic surges.

The company said they're investigating the issue.

Shears of Cloudflare were down 4.7% in pre-market trading.

We are exclusively reporting OpenAI and Intuit agreed to a multi-year partnership in which

Intuit will deepen its use of OpenAI models

and make its applications available on ChatGPT. The companies said they expect the deal to generate

more than $100 million in revenue for OpenAI over an unspecified number of years.

Intuit will gain extensive access to OpenAI's APIs, and the partnership will allow it to leverage

OpenAI frontier models for cutting-edge use cases across the business, according to the companies.

And we're ending on another WSJ exclusive. Lambda, a startup that rents out access to advanced AI chips,

said it raised over $1.5 billion in its latest funding round.

The series E round was led by TWG Global, a holding company led by Thomas Toll and Mark Walter,

with participation from Toll's U.S. Innovative Technology Fund and other investors.

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