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Microsoft’s AI spending became cloud revenue. Meta’s became a cash-flow hole.

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Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed up as a hole in its cash flow. Meta’s revenue rose 28% to $60.8bn, beating forecasts, CNBC reported. But profit fell 14% to $15.8bn, earnings per share missed, and the shares dropped about 5% after […]

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Microsoft’s Azure just crossed $100bn a year, and the AI bet mostly paid off

Artificial Intelligence, Business, Digital Marketing, Finance, Microsoft, SEO Tips, Technology, United States /

Microsoft went into its earnings facing one question: is the vast AI spending working? The numbers said yes, mostly. Revenue rose 18% to $90bn for the quarter to 30 June, and net income climbed 31% to $35.8bn, the company reported. Microsoft Cloud brought in $59.3bn, up 27%. The shares rose about 2% after hours. Azure […]

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OpenAI is giving 100,000 scientists free AI. Here’s how it can afford to.

Artificial Intelligence, Business, Digital Marketing, Science, SEO Tips, Startups and technology, Technology, United States /

OpenAI made two announcements this week that look unrelated. One is generous. The other explains how it can afford to be. The generous one: OpenAI is giving 100,000 academic researchers free access to its frontier models through 2027, Axios reported. The programme, ChatGPT for Academic Researchers, starts with 10,000 users this summer and scales from […]

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BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm

Business, Cars, Digital Marketing, Europe, Future of work, Self-driving, SEO Tips, Technology /

BMW had two messages for staff this week. It is cutting about 8,000 jobs. And it is handing the brains of its future cars to Qualcomm for the next decade. The German carmaker will shed the roles in Germany by the end of 2027 through a voluntary redundancy scheme, Reuters reported. The cuts hit administration […]

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PwC sells advice on using AI responsibly. Its own reports were written by a careless one.

Artificial Intelligence, Business, Digital Marketing, Future of work, Media, Middle East, SEO Tips, Technology /

The world’s biggest consultancies are selling companies expensive advice on how to adopt AI without getting burned. Their own reports keep getting burned. PwC is the latest to be caught. Four of its Middle East “thought leadership” reports were a mess, the Financial Times reported. The reports, on AI and electric vehicles, carried fake footnotes, […]

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PwC sells advice on using AI responsibly. Its own reports were written by a careless one. Read More »

AI agents don’t log in like people. That problem just sold for $1bn.

Artificial Intelligence, Business, Data and security, Digital Marketing, Middle East, SEO Tips, Startups and technology, Technology /

Every AI agent a company switches on needs an identity to log in and reach data. Enterprises now run millions of them, with almost no way to keep track. That gap just sold for $1bn. The data-security firm Cyera has agreed to buy Oasis Security for around $1bn, the Wall Street Journal first reported. It […]

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BuzzFeed bet on AI to save it. It just cut another third of its staff.

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BuzzFeed bet on AI to rescue itself. This week it laid off another third of its staff. The bet, it turns out, was never the thing that could save it. The company cut about 180 jobs on Monday, roughly a third of its remaining workforce, the New York Times reported. The cuts hit the news […]

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Runlayer showed Rippling its source code. A Rippling insider called the result ‘a 1 to 1 copy.’

Artificial Intelligence, Business, Data and security, Digital Marketing, SEO Tips, Startups and technology, Technology, United States /

Runlayer spent nearly a year showing Rippling how its product worked, down to the source code. It now says Rippling used that access to build a near-copy. The New York AI-security startup sued Rippling on Tuesday in a Manhattan federal court, the New York Post first reported. The complaint alleges trade-secret theft, unfair competition and […]

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Runlayer showed Rippling its source code. A Rippling insider called the result ‘a 1 to 1 copy.’ Read More »

Anthropic is alone in every AI policy fight. It’s winning anyway.

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

Six months ago, Anthropic was the darling of America’s AI boom. It led on the models and was loudest on the ethics. This summer, it finds itself alone. The Claude maker is now the odd one out in nearly every big AI policy fight, Axios reported. It is the most valuable startup in the world, […]

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Anthropic is alone in every AI policy fight. It’s winning anyway. Read More »

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