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‘The Worst I’ve Ever Seen’: Cargo Thefts Have Turned Violent in Pursuit of AI Hardware Read More »
Ryanair has signed a five-year data and AI partnership with Google Cloud, rolling out Google Workspace and Google Cloud services to 35,000 employees and making Gemini Enterprise, Google’s agentic AI platform, the centrepiece of how Europe’s largest carrier intends to run itself. The airline has tied the deal explicitly to its growth target of 300 […]
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Ryanair signs a five-year AI deal with Google Cloud, and a second cloud to fall back on Read More »
Joby Aviation has agreed to buy Resonant Sciences, a Dayton, Ohio radar and low-observability specialist, for about $500m, in the largest acquisition the electric air taxi company has made and the clearest signal yet of where it expects its near-term revenue to come from. The structure is $450m in cash and roughly $50m in Joby […]
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Brad Lightcap, who spent eight years at OpenAI and four of them as chief operating officer, said on Tuesday that he is leaving to start something new. He did not say what it is. “It is bittersweet to share that I’ll be moving on from OpenAI to start something new,” Lightcap wrote in a post […]
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Brad Lightcap is leaving OpenAI after eight years to start something new Read More »
The chipmaker’s credit-default swaps had spiked to a record on fears of circular financing. They eased once Jensen Huang recast the plan as other people’s money, with Nvidia’s own exposure capped. After weeks in which the cost of insuring its debt climbed to a record on worries about so-called circular financing, that cost eased once […]
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Jennifer Bailey, head of Apple Pay and Wallet since the service launched in 2014, is retiring in October after more than 25 years at Apple. Her exit is one of several senior departures ahead of Tim Cook handing the chief executive job to John Ternus on September 1. Jennifer Bailey, who has run Apple Pay […]
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Apple Executive Who Launched Apple Pay Is Retiring After 25 Years Read More »
Target has named Lowe’s executive Chandhu Nair as its first chief AI officer, starting August 24. IBM research puts the share of organisations with a chief AI officer at 76% this year, up from 26% in 2025. Target has appointed its first chief AI officer. Chandhu Nair joins from Lowe’s on August 24 as senior […]
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Target appoints its first chief AI officer as retailers scale up AI spending Read More »
A multi-year deal with the startup Together AI will put Nvidia Blackwell systems on IBM Cloud, and the wager is that enterprises now care more about the cost of running AI than the prestige of the model doing the running. IBM has decided that the money in artificial intelligence is no longer only in building […]
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IBM bets $240m on cheap, open-source inference to take on the hyperscalers Read More »
Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of generative AI has led the market to sort companies bluntly into […]
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Why your Amazon order confirmation emails have become so unhelpful Read More »