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Intel is handing its Atom chip tech to a startup run by the CEO’s longtime partner

Intel is quietly handing one of its crown jewels to a tiny, stealthy startup. And that startup is run by a longtime business partner of Intel’s own chief executive. The chipmaker is giving RosaicLabs access to its Atom processor technology, according to a source and documents reviewed by Reuters. Atom is the building block of […]

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Amazon is winding down most of its Nova AI models to bet on one frontier model

Amazon is winding down most of its flagship Nova AI models. It is betting what remains on a single, bigger effort to build one genuinely competitive foundation model. The move gives shape to a retreat that until now looked mostly like closed offices and job cuts. The company has begun deprecating most of its in-house […]

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Steven Bartlett’s ‘Diary of a CEO’ is losing its inner circle as it chases America

Steven Bartlett has built one of the world’s biggest podcasts on the idea that the right people, obsessively managed, make the machine. Now four of those people have walked out the door. The star host of “The Diary of a CEO” has lost four core staffers in five months, Business Insider reported. The exits are […]

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Amazon spent $1.8m on a Claude job that failed, and it sells the fix

Amazon has found that artificial intelligence can turn a trivial mistake into a seven-figure one. The company’s own internal metrics show projects running wildly over budget, including one that burned $1.8m before anyone noticed. Senior engineers called the results “catastrophically expensive.” The cases were laid out at an internal meeting and first reported by the […]

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The man who wrote the AI-boom bible just got margin-called out of it

The man who wrote the defining case for the AI boom just got wiped out betting on it. Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has been forced to sell off its portfolio of public stocks after steep losses. Ken Griffin’s Citadel has bought the lot. The collapse was first […]

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Scale AI hired a cloud salesman as CEO. That tells you where it’s going.

A year after its founder left for Meta, Scale AI has a new boss. The choice says a lot about where the company is heading. It has named Francis deSouza, a veteran enterprise-cloud executive, as chief executive. deSouza starts on 10 August, Scale announced. He replaces interim chief Jason Droege, who ran the company after […]

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ByteDance quietly makes $4bn a year from AI. It just broke up an app to make more.

ByteDance is quietly winning a race in China that most people are watching in America. The company behind TikTok now makes about $4bn a year from artificial intelligence. That is the largest figure any Chinese firm has publicly claimed, the South China Morning Post reported. To press that lead, ByteDance is tearing up part of […]

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EY built an ‘AI router’ to stop its own AI bills from spiralling

EY has built what it calls an “AI router,” a system that steers each task to the cheapest model that can handle it, in an effort to keep its own soaring AI bills under control. The tool, reported by Business Insider, is the Big Four firm’s answer to a problem now spreading across corporate IT: […]

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