Meta Platforms unveiled a new line of smart glasses on Tuesday, pricing one of the devices $80 below its previous entry-level model despite adding no new major capabilities—a move that underscores the company’s desire to expand market share ahead of expected rival entries from Apple and Google. ... Read more ›
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If you’ve been on the AI side of X or Reddit recently, you’ve probably seen the phrase “agent loops” popping up more than usual. That term refers to a new way to run models and AI agents to improve their performance on longer-running or more vaguely-defined tasks, and it’s been gaining traction with developers in recent months.The basic idea boils down to this: rather than giving an AI model a... Read more ›
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Nvidia on Tuesday released new open-source software for scientists and biotech firms to develop AI agents for their research, even if they don’t have coding experience. The software, Nvidia’s BioNeMo Agent Toolkit, is part of the AI chip leader’s effort to convince companies to use its AI ... Read more ›
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As prices for Anthropic’s and OpenAI’s flagship products soar, some large customers are using cheaper AI models from those companies’ menus as well as from other providers. Ensemble Health Partners, a provider of software for hospitals that plans to spend up to $100 million on AI this year, says it’s had success switching to an OpenAI model that’s 23 times less expensive than the company’s more advanced models. Read more ›
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ByteDance on Tuesday unveiled Seedance 2.5, its new AI video generation model, at a conference in Beijing. The model upgrades its predecessor, Seedance 2.0, which was widely hailed as a major breakthrough for AI videos. The Chinese tech giant said Seedance 2.5 can generate a video up to 30 ... Read more ›
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Sakana AI, a Tokyo-based startup founded by former Google researchers, has launched Fugu, a new artificial intelligence service that coordinates multiple AI models through one interface. Fugu uses various proprietary and open-source models to perform tasks, but Sakana packages it as a single AI ... Read more ›
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Here’s a question: If you’re an investor who wants exposure to Elon Musk, is SpaceX or Tesla a better bet? Today, the answer seemed to be Tesla, with shares in the electric automaker climbing 1% to $405.05 as SpaceX shares tumbled 16% to $154.60. SpaceX shares are still above their IPO price of $135 per share, but today was their third consecutive trading day of decline. Some of the drop... Read more ›
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President Trump signed two long-awaited executive orders on Monday focused on quantum technology, a focus area for the administration that has often taken a back seat to AI. The first order, whose draft has been circulating for months, encourages different agencies to invest in research, ... Read more ›
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Meta Platforms is pausing its employee monitoring tool after a major internal security lapse last week left sensitive employee data collected through the tool broadly accessible to staff across the company. The news was earlier reported by Business Insider. According to an incident report ... Read more ›
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Two former members of Elon Musk’s Department of Government Efficiency have raised $225 million for their debut venture fund, Banner VC, according to a person close to the fund and filings with the Securities and Exchange Commission. Banner separately raised nearly $75 million to co-lead a recent round in the orbital infrastructure startup Impulse Space, according to the person and an SEC filing. Founded by the two former DOGE staffers,... Read more ›
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Open source AI startup Reflection will pay SpaceX $150 million per month for access to compute from its Colossus 2 data center, a person with direct knowledge of the deal said on Monday. The deal begins on July 1 and runs through 2029 but can be canceled by either company with 90 days’ notice, ... Read more ›
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I’ve been visiting large AI data center projects in rural and industrial communities in the Midwest, Southeast and West, and I have found that two things can be true at the same time: AI data centers have drawbacks but are better for communities than their residents think, and those communities can win a lot more financial concessions and benefits from the tech firms than they realize.Some people are coming to... Read more ›
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Meta Platforms is backing Indian fintech startup Cred with a $900 million investment and tapping its founder to lead WhatsApp. Bloomberg first reported the news, including that Cred’s founder and CEO Kunal Shah will take over running WhatsApp from Will Cathcart. According to the report, Meta’s ... Read more ›
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Some businesses that use Anthropic and OpenAI models to develop AI apps for coding, design, legal work and other white-collar tasks are getting worried that those two AI model suppliers might eat their lunch.Design app Figma seems attuned to that kind of threat, especially from Anthropic’s recently launched Claude Design app, as we reported. But Canva, a Figma rival privately valued at $42 billion, doesn’t feel the same way.“We see... Read more ›
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Few companies have gone public with books as unusual as OpenAI’s. At first glance, the company portrayed by the AI startup’s financial statements, reviewed by The Information, resembles a lean, low-debt software business. Its balance sheet, as at March 31, had zero debt and less than $750 million of lease liabilities. Its cash-flow statement, moreover, showed OpenAI—one of the most hardware-centric tech businesses—spending just $46 million on capital expenditures in... Read more ›
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Lime, the electric scooter and bike rental company, is set to receive financial backing from its long-time partner and investor, Uber. In an updated IPO prospectus filing expected Monday, Uber will be named as an anchor investor for the deal, The Information reported. Lime is targeting a $1.8 ... Read more ›
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John Jumper, the Google DeepMind Vice President who co-won the 2024 Nobel Prize in Chemistry, is leaving the company to join rival Anthropic, he said on X on Friday. Jumper’s move follows that of another high-profile Google researcher, Noam Shazeer, who earlier this week announced he had joined ... Read more ›
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The initial public offering for Lime, an electric scooter and bike rental company that was once a stalwart of the late 2010s startup scene, is getting financial support from an old friend: Uber. The ride-hailing giant is expected to invest a “meaningful” amount in the deal and be named as an anchor investor on the cover of an updated IPO prospectus that Lime plans to file Monday, a person familiar... Read more ›
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If you’ve wanted to visit the South of France, this might be the week. The annual Cannes Lion ad festival, a time for ad folks from all quarters to gather, gets underway tomorrow. The impact of AI on advertising and media is sure to be front and center. OpenAI’s chief revenue officer, Denise Dresser, is scheduled to appear onstage twice, according to the official program, including on a panel with... Read more ›
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Morgan Stanley, one of the most active banks in financing data center developers, is now pitching some of those same clients on tapping a market better known for funding leveraged buyouts. It’s a sign that in the race to raise money for AI infrastructure, developers and their advisors are turning over every stone. Over the last few months, Morgan Stanley has suggested to clients that the next time they need... Read more ›
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27.07.2026 14:29
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