Artificial Intelligence

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Amazon admits its AI models lag behind OpenAI and Anthropic, but says it can catch up

Amazon’s AI chief has said what the market long suspected. Peter DeSantis, the senior vice president who oversees the company’s AI models, custom chips, and quantum computing, told CNBC that Amazon’s models “haven’t been at the very frontier for the very largest, most demanding workloads.” He added that he hopes Amazon will be “in the conversation about […]

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Half of Americans now use AI chatbots, but 40% think AI will make society worse and two-thirds don’t trust the government to regulate it

Half of American adults now use AI chatbots, but a plurality believe the technology will ultimately damage society, and overwhelming majorities have lost confidence that either the government or the companies building it will manage it responsibly. A new Pew Research Center report released Wednesday, based on a survey of 5,119 US adults conducted in […]

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Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do

The problem with letting an AI agent loose inside a company is not that it might forget who it is. It is that it has no reason to hold back. A human employee is restrained by the fear of being fired. An agent, as one investor in Arcade.dev put it, “will exhaustively exploit every permission […]

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China’s new five-year plan makes tracking AI’s hit to jobs a national priority

China has spent two years telling the world it intends to win the AI race. Its new five-year employment plan is the quieter admission that winning it could cost a lot of people their jobs. The State Council, effectively China’s cabinet, has issued its blueprint for employment policy from 2026 to 2030. Buried in a […]

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Poland bought a stake in ElevenLabs to grow its next AI champion

Poland produced one of the world’s most valuable AI companies almost by accident. Now it is spending public money to make sure the next one stays closer to home. Vinci, the venture arm of Poland’s state development bank BGK, has taken an $11mn stake in ElevenLabs, the AI-voice firm valued at $11bn. The same day, […]

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a16z is betting $38M that you want an AI ‘teammate’, not another agent

The word “agent” is everywhere in enterprise software right now, which is exactly why Convey does not want to use it. The startup has raised a $38mn Series A led by Andreessen Horowitz, with Khosla Ventures and Pear VC joining. Its pitch is a deliberate rebrand: not AI agents that complete tasks, but AI “teammates” […]

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SAP just funded a startup built to help its own customers escape SAP

There is an unglamorous deadline bearing down on corporate IT, and it has just produced one of London’s more interesting AI raises. Conduct, a 35-person startup founded by three former Palantir engineers, has raised a $60mn Series A co-led by Index Ventures and ICONIQ, with SAP itself investing. The round takes its total funding to […]

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Google’s first speaker in six years is really a $10-a-month Gemini subscription

Google has finally made a new smart speaker, its first in roughly six years. The more interesting thing it has made is a reason to pay it every month. The Google Home Speaker costs $99.99, opens for preorder today and ships on June 25. It is the first audio device built around Gemini for Home, […]

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The US is paying an AI startup $500M to break China’s grip on chip materials

The US government has just become a shareholder in an AI startup, in exchange for a bet that artificial intelligence can break China’s hold on the materials inside every chip factory. The Department of Commerce has awarded SandboxAQ $500mn under the CHIPS Act to develop new chemicals and metals for domestic semiconductor manufacturing, Reuters reported. […]

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Estonia wants to give every AI agent its own ID number

When an AI agent does something on your behalf today, it usually has to become you. It logs in as you, with your access to everything. Estonia wants to end that. The country plans to issue personal identification numbers to AI assistants, the first nation to do so, prime minister Kristen Michal said. The idea […]

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