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Water access is now a risk factor in SpaceX’s IPO Read More »
Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 million and has continued investing in every subsequent round. With Anthropic’s confidential IPO filing also landing on Monday, Salesforce is positioned […]
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Florida has sued OpenAI and CEO Sam Altman in what appears to be the first lawsuit by a US state against the maker of ChatGPT. The civil complaint, filed Monday in state court by Attorney General James Uthmeier, accuses OpenAI of violating product liability laws, engaging in deceptive trade practices, and releasing ChatGPT while knowing it […]
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Anthropic has agreed to give the European Union’s cybersecurity agency, ENISA, access to Claude Mythos, the AI model that has autonomously discovered more than 10,000 high- and critical-severity zero-day vulnerabilities across every major operating system and web browser. The decision, communicated to the European Commission over the weekend, makes ENISA the first EU institution to join […]
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The AI boom has created a two-speed startup economy. Companies building on generative AI are raising at historically unprecedented valuations, while startups that last raised capital before ChatGPT launched in November 2022 are watching their worth collapse. According to PitchBook valuation estimates, more than 220 companies that once held billion-dollar valuations have now fallen below that threshold, […]
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AI is crushing startup valuations for companies that raised before ChatGPT existed Read More »
There’s a widening gap between what the market says about AI and what we actually hear from customers. The media, the VCs, the AI labs, and influencers have all talked about AI replacing humans, ripping out trusted software, and token-maxxing as ends worth pursuing. But the leaders running real businesses are increasingly asking the right questions. How do I make my people better with AI? Which systems can I trust? How can I measure the ROI of this spend? We hear these questions every day.
The AI Perception Reality Gap Read More »
China’s AI chip industry is no longer trying to build an Nvidia clone. Under sustained US export controls that block access to the most powerful general-purpose GPUs, the country’s largest technology companies are pivoting toward application-specific integrated circuits, custom chips designed to do one thing extremely well rather than handle any workload. The shift is […]
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The dangers of artificial intelligence eclipsed nuclear weapons as the central concern at a strategic stability panel during the Shangri-La Dialogue in Singapore, with senior military officials warning that AI-driven systems are collapsing the time available for human decision-making in conflict. The annual defense summit, held from 29 to 31 May, drew defence ministers and military […]
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AI eclipsed nuclear weapons as the dominant threat at Asia’s premier defense summit Read More »
LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expanding cooperation in physical AI. The rally began last week when LG […]
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Satya Nadella has dismantled the senior leadership structure that ran Microsoft for decades. The company “quietly retired what’s known as the SLT,” a person close to the CEO told Business Insider. The senior leadership team, the powerful executives who ran sprawling businesses and reported directly to Nadella, no longer exists. In its place, Nadella has […]
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