Artificial Intelligence

Auto Added by WPeMatico

Figma grew 48% and raised its outlook. The stock fell 16% because of AI costs

Artificial Intelligence, Business, Design, Design & Dev, Digital Marketing, SEO Tips, Technology, United States /

Figma did almost everything a young public company is asked to do. Revenue rose 48% to $370.1m, beating estimates, its third straight quarter of speeding growth. It raised its full-year forecast. The stock fell about 16% after hours anyway. The reason sits a few lines down the income statement. Building and running AI is expensive, […]

This story continues at The Next Web

Figma grew 48% and raised its outlook. The stock fell 16% because of AI costs Read More »

Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback

Artificial Intelligence, Business, Digital Marketing, Fintech and ecommerce, Future of work, SEO Tips, Technology, United States /

Etsy beat Wall Street on revenue, raised its outlook, and told investors it would buy back $2bn of its own shares. Then it said it was cutting 12% of its staff. The craft marketplace announced a restructuring on Wednesday that removes roughly 220 roles, most of them in product and engineering, CNBC reported. That leaves […]

This story continues at The Next Web

Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback Read More »

Samsung wants to float AI data centres in Texas. The state just froze the grid they need

Artificial Intelligence, Deep tech, Digital Marketing, Samsung, SEO Tips, Sustainability, Technology, United States /

The floating data centre has moved from concept to contract. Samsung Heavy Industries and the Dallas firm Mousterian have signed an engineering deal to design one, The Register reported. The first project is bound for Texas. The pitch is a neat answer to the AI buildout’s two tightest constraints: land and water. A moored facility […]

This story continues at The Next Web

Samsung wants to float AI data centres in Texas. The state just froze the grid they need Read More »

Microsoft’s AI business is booming. A filing shows most of it is just OpenAI

Artificial Intelligence, Business, Digital Marketing, Finance, Microsoft, SEO Tips, Technology, United States /

Microsoft’s AI business looks like a triumph. Its shares jumped after earnings last week, and the AI unit is growing fast. A new filing shows how much of that rests on a single partner. Microsoft booked $24.1 billion in revenue from OpenAI during the year to June, Bloomberg reported. The company disclosed the figure in […]

This story continues at The Next Web

Microsoft’s AI business is booming. A filing shows most of it is just OpenAI Read More »

Sequoia Capital is putting $10bn behind AI and ‘reindustrialization’

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Technology /

Sequoia Capital, is making the largest bet in its history, and it is not only about software. The venture firm is committing $10bn to a strategy built around artificial intelligence and what it calls reindustrialization. The figure is a statement in itself. At $10bn, it is the biggest investment Sequoia has made in its 54-year […]

This story continues at The Next Web

Sequoia Capital is putting $10bn behind AI and ‘reindustrialization’ Read More »

WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem

Artificial Intelligence, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Sustainability, Technology /

WindBorne Systems has raised $37 million to sell something it has already proven it can build: weather forecasts that beat the government’s. The Series B, reported by TechCrunch, was co-led by Khosla Ventures and Galvanize and values the company at $250 million. It takes WindBorne’s total funding past $62 million. The forecasting is the easy […]

This story continues at The Next Web

WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem Read More »

Google may spend $1.5bn on a 35-person startup to catch up on AI coding

Artificial Intelligence, Business, Digital Marketing, Google, SEO Tips, Startups and technology, Technology, United States /

Google wants its AI to code better. It may have found a shortcut, and it runs through a startup of about 35 people. The company is in talks with Mechanize, a San Francisco startup that trains AI agents to write software, Business Insider reported. The deal would be worth more than $1.5 billion, four people […]

This story continues at The Next Web

Google may spend $1.5bn on a 35-person startup to catch up on AI coding Read More »

DeepSeek warns of a ‘significant’ price rise, reversing its cheap-AI pitch

Artificial Intelligence, Business, Digital Marketing, SEO Tips, Technology /

The company that made AI cheap is about to make it less so. DeepSeek has warned that a significant price increase is coming for its API, a striking about-face for a firm built on undercutting everyone else. The details are still thin. DeepSeek said only that the rise would land in the near future and […]

This story continues at The Next Web

DeepSeek warns of a ‘significant’ price rise, reversing its cheap-AI pitch Read More »

Meta enters the AI coding wars with Muse Code and a price to match

Artificial Intelligence, Digital Marketing, launch, Meta, SEO Tips, Technology /

Meta wants a seat at the table developers actually use. The company has launched Muse Code, an AI coding agent that runs in the terminal and takes direct aim at the fast-growing market for software that writes software. The tool is built on Meta’s latest model. Muse Code is powered by Muse Spark 1.2, and […]

This story continues at The Next Web

Meta enters the AI coding wars with Muse Code and a price to match Read More »

Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner

Artificial Intelligence, Digital Marketing, Ecosystems, Investors and funding, Next Featured, SEO Tips, Technology /

Yann LeCun has found a VC fund that will actually launch. The Meta former chief AI scientist is joining 224 Ventures, a new firm that announced Wednesday with more than $100 million in assets under management. His co-partner is Oriol Vinyals, who until today served as Gemini’s co-technical lead at Google DeepMind. Shaun Johnson, who […]

This story continues at The Next Web

Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner Read More »

Shopping Cart