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A recording from a meeting at consulting firm Accenture has raised concerns over how much companies are spending on AI. As companies bullish on AI rush to take advantage of the technology, solutions to out of control token spend could see non-technical employees encouraged to stop using it for spurious tasks.
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Elon Musk estimated that Chinese AI firms would have an LLM with Mythos level capability by the first quarter of 2027. However, the CEO of Beijing-based Z.ai responded to the comment, saying that their company will achieve this soon, but did not give a concrete timeline. Read more ›
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Intel has appointed Seok-Hee Lee, the former chief executive of memory maker SK hynix and battery maker SK On, as executive vice president of Intel Foundry. Read more ›
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25.06.2026 13:31
Last update: 13:26 EDT.
News rating updated: 20:23.
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