Artificial Intelligence

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Bessent says AI alarmism without solutions is not leadership

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US Treasury Secretary Scott Bessent has criticised AI leaders who warn of disaster but offer no fixes. He made the remarks in an interview with Axios published on Saturday. “This alarmism without solutions by some of the AI community, that’s not leadership,” Bessent said, as Bloomberg reported. In September, Anthropic’s Dario Amodei, OpenAI’s Sam Altman and xAI’s Elon Musk […]

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AI can’t fix a business system with broken processes

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I have come to believe that one of the biggest misconceptions about AI is also one of the most expensive: the idea that technology can repair a business that has never streamlined how its processes actually work. AI can accelerate an operation, automate repetitive work, and surface problems at remarkable speed. Give it a fragmented […]

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Google lifts the Pixel 10a price to $599 as memory costs climb

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Google raised the Pixel 10a from $499 to $599 seven months after launch, with no change to the phone, blaming memory costs that its own vice president said had risen from $2.80 per gigabyte to $12. Apple and Samsung have both repriced existing phones in the past month, and Google has not said whether European […]

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Nvidia hits its first record since May, within $300B of $6T

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Nvidia hit a record for the first time since May, leaving it under $300B short of becoming the first company worth $6T, on a rally driven by AI agent demand and a record $150B buyback increase. ASML, Europe’s most valuable listed company, needs the same $300B to reach its first trillion. Nvidia hit a record […]

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Robot software startup FieldAI is set to raise $700M at a $10B valuation

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FieldAI is raising $700M at a $10B valuation, five times its mark from just over a year ago, for software designed to run robots it does not build. Europe’s biggest robotics rounds this year funded machine makers, and the nearest European answer to FieldAI was reported at about a third of its valuation. FieldAI is […]

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Pope Leo comes out against AI-generated art and calls for an alliance with artists

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Pope Leo XIV told artists at the Vatican on Friday that there is an ontological difference between art and what a machine generates from millions of images made by others. European law has required synthetic content to carry machine-readable marks since 2 August, but artistic and satirical work gets the lightest disclosure obligations of all. […]

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Volantis raises $88M for a photonic memory layer built for AI inference

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Volantis has raised $88M to build a photonic link between AI compute and memory, using gallium arsenide lasers to avoid constraints in indium phosphide. The Netherlands is building a EUR 153M indium phosphide pilot line at Eindhoven that opens in 2027, the same year Volantis plans to ship. Volantis has raised $88M to put light […]

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Anthropic tells IPO investors US government actions could hit its business

Anthropic, Artificial Intelligence, Digital Marketing, SEO Tips, Technology, United States /

Anthropic has warned that the US government’s view of the company could hurt its ties with business customers and partners as well as its government work. The warning is in the AI firm’s IPO prospectus, which Reuters reported on Friday after seeing the document. The prospectus has not been made public, and TNW has not seen […]

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Meta’s Muse reportedly passes 3 million weekly users and 5m downloads

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More than 3 million people prompt Meta’s Muse at least once a week, according to internal data reviewed by The Information. More than 1 million send the AI agent a prompt every day, Jyoti Mann reported. The weekly figure is part of a wider group. More than 4 million people use Muse in some way […]

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Tencent leases 100,000 AI chips from Oracle in a $7bn deal, FT reports

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Tencent has signed a five-year lease to use about 100,000 advanced AI chips from Oracle. People familiar with the matter told the Financial Times about the deal. The chips, which are not available in China, sit in several Oracle data centres in South-East Asia. The deal, signed this year, is worth about $7bn, and Tencent […]

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