On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 billion in gross profit, nearly 58% margins, and $2.2 billion in net earnings for the quarter — its results fell well short … Devamını oku
Alphabet investors have very publicly worried that the company’s massive AI spending isn’t worth the money. With the company’s latest earnings report, those investors should be able to relax a little. The takeaway: Google’s cloud business — driven largely by enterprise AI adoption — is booming. The search giant saw Google Cloud revenue spike 82% … Devamını oku
U.S. Treasury Secretary Scott Bessent doubled down on his warnings to Chinese AI companies on Wednesday, saying that sanctions remain on the table after a White House official accused Moonshot of improperly distilling Anthropic’s Fable model. Model distillation is a common AI training technique in which a smaller model learns from the outputs of a … Devamını oku
On Tuesday, OpenAI revealed that one of its models went rogue during a test and hacked the systems of AI dataset platform Hugging Face in a fully AI-enabled attack , a dramatic example of the dangers posed by advanced AI models. But, according to some cybersecurity experts, at the heart of this unprecedented AI-powered breach … Devamını oku
Travis Kalanick’s robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company’s board following the investment. Bain Capital, Fifth Wall, and others participated in the round. Perhaps most notably, Uber also joined the funding round, re-connecting Kalanick with the company he founded — and … Devamını oku
Israeli workplace software maker Monday.com is laying off hundreds of employees as part of a restructuring plan to refocus its investments around AI projects. The company said it is reducing its headcount by 20%, or about 630 staff, to “support a leaner, more focused operating model” as it concentrates on its AI Work Platform. Monday.com … Devamını oku
As social media has evolved from a place to connect with friends into large-scale entertainment platforms, a startup called Yope is quietly building what it believes will be the future of online connection: social networking with no algorithms, no ads, and no public content. Yope’s app, now backed by a $12.3 million seed round led … Devamını oku
OpenAI announced Wednesday that it will spend $750 billion on infrastructure through 2030, some 25% more than it estimated earlier this year, The Wall Street Journal reported The renewed blitz comes as its Stargate data center project appears to have stalled . The first salvo in OpenAI’s spending spree will be a $20 billion data … Devamını oku
Substack has launched a new feature that can show you which of your favorite newsletters are being written using AI. This week, the newsletter and writing platform announced an integration with the AI writing detection software Pangram that will allow users to scan posts, comments, and replies on Substack’s app to see an estimate of … Devamını oku
As Chinese open-weight AI models grow in capability and popularity , arguments about what should be done about them have once again reached a fever pitch. There’s talk that the Trump administration might try to ban them (though it hasn’t yet acted on the idea). Meanwhile, proprietary model makers, particularly OpenAI and Anthropic, appear increasingly … Devamını oku