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Why a Canadian bank is trying to predict earthquakes with quantum computers

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BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are in the business of pricing risk, which is adjacent. Still, […]

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AI chipmaker Cerebras targets up to $4bn IPO at $40bn valuation

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After a CFIUS-induced retreat in 2024, the wafer-scale chip startup is back with an OpenAI deal in its pocket and a sharper bet against Nvidia. Eighteen months ago, Cerebras Systems looked like a cautionary tale. The Sunnyvale-based AI chip startup had filed for an initial public offering in September 2024, only to see its plans […]

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The question nobody asked Zuckerberg

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Mark Zuckerberg’s earnings call on Wednesday was about AI. It was about the $125 billion to $145 billion Meta plans to spend on capital expenditure in 2026. It was about Llama models and recommendation engines and the advertising systems that generate $56 billion in quarterly revenue. It was not about children. No investor asked Zuckerberg […]

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Seven AI companies signed the Pentagon’s terms. The one that refused is worth $900 billion.

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The Pentagon announced on 1 May that it has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI for expanded use of advanced artificial intelligence on classified military networks. The deals bring the total number of companies with such agreements to seven, following similar arrangements with SpaceX, OpenAI, and Google, which signed its own […]

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McKinsey’s new AI report argues the productivity payoff is real but conditional

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The firm’s new ‘AI productivity gains and the performance paradox’ report concludes that most current AI applications ‘accelerate existing work’ without redesigning workflows, a finding McKinsey is publishing while targeting 1:1 parity between its 40,000 human consultants and 40,000 AI agents by year-end. McKinsey’s strategy practice has published a new analysis arguing that the corporate […]

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OpenAI president says AI is now writing 80% of the company’s code

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Greg Brockman’s comments at Sequoia’s AI Ascent 2026 conference fit a pattern of AI lab leaders citing self-reinforcing productivity numbers, but the underlying evidence on AI coding productivity remains substantially more contested than the headline figure suggests. OpenAI president Greg Brockman said AI is now writing roughly 80% of the company’s code at Sequoia Capital’s […]

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The man who built Internet Explorer wants to teach AI to think on 20 watts

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Thomas Reardon has a pattern. In 1994, he created the project that became Internet Explorer, the browser that turned Microsoft from a software company into an internet company and triggered the most consequential antitrust case in technology history. In 2015, he co-founded CTRL-labs, a neural interface startup that built a wristband capable of translating electrical […]

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News publishers are blocking the Internet Archive’s Wayback Machine to stop AI companies from using it

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The New York Times, CNN, USA Today, The Guardian, and at least 241 other news organisations across nine countries have moved to restrict the Archive’s crawlers, a decision the Archive’s own director has called being ‘collateral damage’ in a war that is not really about them. The Internet Archive has preserved more than one trillion […]

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Samsung’s founding family doubled its wealth in a year. Its workers want a share.

Artificial Intelligence, Digital Marketing, Finance, Samsung, SEO Tips, Technology /

The Lee family of South Korea, which controls Samsung, has doubled its wealth in twelve months. Bloomberg’s Billionaires Index now values the dynasty’s holdings at $45.5 billion, up from $22.7 billion a year ago, propelling the Lees from tenth to third among Asia’s richest families. The catalyst is not a new product or a management […]

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China launches months-long campaign against AI misuse targeting deepfakes, fraud, and disinformation

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The Cyberspace Administration’s annual ‘Qinglang’ campaign arrives in a materially different regulatory environment to last year’s edition, and in the same week the White House accused China of running ‘industrial-scale’ AI theft operations. China has launched a months-long enforcement campaign targeting the misuse of artificial intelligence, according to Reuters. The campaign, initiated by the Cyberspace […]

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