Artificial Intelligence

Auto Added by WPeMatico

CoreWeave looks to Wall Street to hedge memory chips, an asset with no market

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

Memory chips have roughly doubled in price this year, a squeeze that has emptied Apple’s shelves and rewritten data centre budgets. CoreWeave is now working out what to do if they get cheaper. The AI cloud company is exploring financial derivatives as a hedge against a future drop in memory and storage chip prices, Reuters reported on […]

This story continues at The Next Web

CoreWeave looks to Wall Street to hedge memory chips, an asset with no market Read More »

Delaware wants to give AI agents their own legal identity

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

Delaware wants to give AI agents something no one has offered them before: a legal identity of their own. The proposed Delaware AIC would let an autonomous system run a company, sign contracts, and face lawsuits in its own name, all inside a supervised sandbox. For a century, Delaware has been the place where American […]

This story continues at The Next Web

Delaware wants to give AI agents their own legal identity Read More »

Anthropic commits $10 million to Canadian AI research across eight institutions

Anthropic, Artificial Intelligence, Canada, Digital Marketing, SEO Tips, Technology /

Anthropic is committing $10 million CAD to eight Canadian research institutions to fund work on beneficial and responsible AI applications. The partnerships span Canada’s three leading regional AI institutes, Amii in Edmonton, Mila in Montréal, and the Vector Institute in Toronto, along with children’s hospital CHEO, the Centre for Addiction and Mental Health, Université Laval, […]

This story continues at The Next Web

Anthropic commits $10 million to Canadian AI research across eight institutions Read More »

Grok Build was uploading entire Git repositories to xAI’s cloud, including committed secrets

Artificial Intelligence, Data and security, Digital Marketing, privacy, SEO Tips, Technology /

A security researcher published a wire-level analysis on July 12 proving that xAI’s Grok Build coding CLI was packaging developers’ entire tracked repositories, including full Git history, committed secrets, and API keys, and sending them to a Google Cloud Storage bucket. The upload volume was roughly 27,800 times greater than the data the coding task […]

This story continues at The Next Web

Grok Build was uploading entire Git repositories to xAI’s cloud, including committed secrets Read More »

Meta sued by 26 employees who say its AI systems targeted workers on medical leave for layoffs

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

Twenty-six current and former Meta employees have filed a federal lawsuit accusing the company of using AI-powered systems that disproportionately targeted workers with disabilities or who had taken medical leave when selecting people for mass layoffs. The suit, filed Monday in Oakland, California, alleges that Meta relied on productivity metrics and AI token usage data […]

This story continues at The Next Web

Meta sued by 26 employees who say its AI systems targeted workers on medical leave for layoffs Read More »

IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings

Artificial Intelligence, Digital Marketing, SEO Tips, Startups and technology, Technology /

IBM issued preliminary second-quarter results on Monday showing revenue of roughly $17 billion, up one percent year over year but well below the $18 billion that analysts had expected. Shares fell as much as 17 percent in premarket trading, erasing weeks of gains that had been fuelled by bullish analyst coverage and a stock rally […]

This story continues at The Next Web

IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings Read More »

Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, SEO Tips, Technology /

Kalshi, the prediction markets exchange, has built a forward curve that tracks the future price of computing power, joining a growing list of exchanges and index operators trying to turn GPU rental costs into a standardised financial instrument. The tool uses weekly and monthly event contracts related to compute prices, extending up to a year […]

This story continues at The Next Web

Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity Read More »

Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions

Artificial Intelligence, Digital Marketing, Future of work, SEO Tips, Technology /

JPMorgan Chase has cut jobs by as much as 40 percent in some parts of the bank using artificial intelligence, CEO Jamie Dimon told analysts during the company’s second-quarter earnings call on Tuesday. But investors hoping the technology will dramatically improve profit margins are likely to be disappointed. Dimon said that in a competitive market, […]

This story continues at The Next Web

Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions Read More »

Demis Hassabis wants a Wall Street-style referee for AI, with the power to hit pause

Anthropic, Artificial Intelligence, Digital Marketing, Google, Government and policy, SEO Tips, Technology, United States /

The man behind Google’s AI thinks the world needs a referee. And he has drafted the rules. Demis Hassabis wants a US-led watchdog that vets frontier models before release. It is modelled on Wall Street’s policeman, and it could slow the whole industry down. Demis Hassabis does not usually sound the alarm. On Tuesday he […]

This story continues at The Next Web

Demis Hassabis wants a Wall Street-style referee for AI, with the power to hit pause Read More »

Britain’s flagship AI data centre can’t get the power to switch on

Artificial Intelligence, Deep tech, Digital Marketing, Europe, Microsoft, SEO Tips, Sustainability, Technology /

Britain wants to be an AI superpower. One of its flagship data centres cannot get the electricity to switch on. Nscale’s £2bn Essex site has the money, the planning permission, and a grid connection, but no power arriving in time. Nscale has the cash, the site, and the customer. What it does not have is […]

This story continues at The Next Web

Britain’s flagship AI data centre can’t get the power to switch on Read More »

Shopping Cart