Alphabet raised its estimate for 2025 capital expenditures to $85 billion, from its initial estimate of $75 billion, amid what CEO Sundar Pichai called āstrong and growing demand for our Cloud products and services.ā Pichai revealed the higher capex estimate as the Google parent reported second ... Read more āŗ
2
As OpenAI tries to raise a record-breaking $40 billion in equity funding this year, itās getting help from more of its existing investors. Peter Thielās Founders Fund and Dragoneer Investment Group have committed to investing more than $1 billion each in the second, $30 billion installment of the round, according to a person who spoke to OpenAI executives. SV Angel, known for its investments in nascent startups, has committed to... Read more āŗ
33
Amazon Web Servicesā cybersecurity practices are getting scrutiny after a hacker recently added malicious code to its AI coding assistant that ordered the software to delete data from customersā computers, according to a report from 404 Media. The hacker, who reportedly carried out the attack to ... Read more āŗ
0
The White House released the administrationās long-awaited āAI Action Planā Wednesday, laying out a blueprintĀ which, if followed, would give AI companies more room to expand with fewer restrictions. TheĀ document, which was developed by the Office of Science and Technology Policy and ... Read more āŗ
0
Slack is the glue that holds OpenAI together: Everyone at the 3,000-person company constantly uses the messaging app to discuss their work, former employees have said.So perhaps itās no surprise that as OpenAI tried to turn ChatGPT into a core enterprise productivity app that connects to all the other apps people use for work, it wanted customersāand OpenAI employees!āto be able to access their Slack messages and files directly from... Read more āŗ
51
Sonosā interim chief executive officer is dropping the interim from his title. In a post on X, Conrad said that Sonosā board of directors had invited him to become the permanent CEO of the maker of internet-connected speakers. Conrad, a longtime Sonos board member, stepped into the interim role ... Read more āŗ
0
Crusoe, the startup developing a giant data center for OpenAIās $500 billion Stargate effort, is raising around $1 billion in a bid to join the race to provide computing power for artificial intelligence. The company burst into AI by promising quick access to electricity for power-hungry data centers. Its new effort will leverage that position to build its own data centers and manufacturing equipment and to rent out AI chips.... Read more āŗ
0
Amazon is closing its artificial intelligence lab in Shanghai due to rising U.S.-China tensions, according to the Financial Times. Wang Minjie, a scientist at the lab, said on the WeChat social networking app that the team was ābeing dissolved due to strategic adjustments amid US-China tensionsā ... Read more āŗ
0
Chinese tech giant Alibaba Group has launched an open-source artificial intelligence coding model, in a challenge to Anthropic and other U.S. competitors. In a statement released Wednesday, Alibaba touted the new model, Qwen3-Coder, as its most advanced AI coding model to date. The company also ... Read more āŗ
0
Amazon is acquiring Bee, a startup that develops a wearable AI device for listening to usersā conversations, Bee co-founder and CEO Maria de Lourdes Zollo announced. Bee makes a $50 watch that transcribes daily conversations and summarizes them in a smartphone app. All Bee employees have ... Read more āŗ
0
If youāre a renter whoās worried youāll never be able to afford to buy a home, consider looking for ways to get rich quick in the stock market! For instance, investing in an unprofitable, shrinking home-flipping company can be a surprising moneymaker. Iām talking specifically about Opendoor, whose shares are up more than 400% this month.Ā Opendoor, which went public through a Chamath Palihapitiyaābacked special purpose acquisition company deal in... Read more āŗ
0
Darshan Kantak, senior vice president of revenue product at Snap, the maker of Snapchat, is leaving the company, a Snap spokesperson confirmed. His departure comes two weeks before Snap is scheduled to report second quarter earnings, when its ad sales performance will be in the spotlight. In ... Read more āŗ
0
Earlier this year, uncertainty stemming from the Trump administrationās tariffs seemed poised to hurt advertising demand. But those worries seem to have faded during the second quarter as President Trump postponed tariff deadlines.Ā In fact, ad spending growth accelerated for Meta Platforms, YouTube, Googleās paid search advertising and sponsored products on Amazon during the three month period ending in June, according to estimates from a new report from Tinuiti. The... Read more āŗ
0
Weāve written a lot lately about the hefty stock packages companies like Meta Platforms, OpenAI and others are dishing out to recruit artificial intelligence researchers. Outside AI, many private company CEOs are also recalibrating how they use shares to keep and reward people.Ā Take, for instance, Armis. The nine-year-old cybersecurity startup has recently completed a $100 million buyback of shares held by current employees, funded by new and existing investors,... Read more āŗ
18
Meta Platforms has hired three more artificial intelligence researchers from Google DeepMind as Meta CEO Mark Zuckerberg continues his aggressive efforts to recover from stumbles earlier this year with an unprecedented AI recruiting push. The latest hiresāTianhe Yu, Cosmo Du and Weiyue Wangāworked on a version of Googleās Gemini model that the search giant this week said had solved problems in this yearās International Math Olympiad at a level that... Read more āŗ
22
Salesforce, Figma and other enterprise app firms have responded to a potential threat from artificial intelligence startups by limiting the startupsā access to customer data or files, even if the customers themselves give permission.Ā But Aaron Levie, CEO of file storage firm Box, which turns 20 this year, says his company has no intention of following Salesforceās move.āFundamentally, itās our customersā data, and we are the platform for helping them... Read more āŗ
4
Elon Muskās xAI is turning to loyal backer Valor Equity Partners to raise $12 billion for purchasing artificial-intelligence chips it would then lease to the AI company, the Wall Street Journal reported. The Valor deal would help xAI expand its access to high-powered chips as it competes with ... Read more āŗ
1
The Trump administration is trying to look for alternatives to Elon Muskās SpaceX for its āGolden Domeā missile defense project, Reuters reported Wednesday. U.S. officials have spoken with other companies including Amazon, which is launching satellites for its Project Kuiper satellite internet ... Read more āŗ
0
Ever since researchers began noticing a slowdown in improvements to large language models using traditional training methods, theyāve shifted to reinforcement learning, a technique that rewards a model for accomplishing certain goals and penalizes it for other behaviors, as we covered last week.That typically means human experts giving feedback on model outputs or showing a model examples of tough questions and answers in fields like software engineering, biology and medicineāessentially,... Read more āŗ
5
Earlier this year, the Apple team working on the companyās artificial intelligence models wanted to release several of them as open-source software. Doing so would have shown Appleās technical progress in AI while also harnessing the help of outside researchers to improve the models. Still, it also would have revealed to the public how dramatically the performance of the models dropped when Apple shrunk them to fit on iPhones, compared... Read more āŗ
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14.05.2026 06:51
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