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Etched has raised $700mn at a $21bn valuation in a round led by Jane Street, doubling the $10.3bn it was worth on 23 July. It has also completed its first customer delivery, a rack shipped to Jane Street. Etched has raised $700mn at a $21bn valuation, led by Jane Street, and has shipped its first […]
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Etched raises $700M at a $21B valuation led by Jane Street Read More »
OpenAI Overhauls Safety Protocols After Its AI Agents Went Rogue Read More »
Baidu revenue fell for a fifth straight quarter. The advertising business kept shrinking faster than the AI business could grow. The Chinese search company reported its results on Tuesday, with second-quarter revenue of RMB31.3bn ($4.62bn). That is down 4 percent on a year earlier and 2 percent on the previous quarter. Net income attributable to […]
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Baidu’s revenue falls for a fifth quarter as ads keep sliding Read More »
EliseAI is in talks to raise $300mn at a $3.7bn valuation, according to Business Insider. Katie Roof reported the round on Tuesday, citing sources familiar with it. Andreessen Horowitz and Bessemer Venture Partners are in talks to lead it. The details are not settled. Roof wrote that the numbers could still change. EliseAI, a16z and […]
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EliseAI is in talks to raise $300mn at a $3.7bn valuation Read More »
Google has told suppliers it plans to move all Pixel production out of China from 2027, according to Nikkei Asia. That covers phones, smartwatches and wireless earbuds. Lauly Li reported the plan on 18 August, citing the ongoing tensions between Washington and Beijing. Nikkei named Vietnam and India as the destinations. The date has moved. […]
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Google plans to end Pixel production in China by 2027 Read More »
OpenAI launched ChatGPT for Teens on Tuesday. It is a separate version of the chatbot, and under-18s land in it automatically. Anyone who says they are 13 to 17 gets it by default. So does anyone the company’s age-prediction system estimates is under 18. The global rollout began on 18 August, and Engadget reported that […]
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OpenAI launches ChatGPT for Teens and will auto-enrol under-18s Read More »
AI investment has expanded rapidly, with organizations introducing copilots, agents, and generative AI across functions. Yet the business transformation many leaders anticipated can remain difficult to identify. A 2026 analysis found that nearly 40% of companies tracking AI cost savings achieved less than 10%, while 90% planned to increase their budgets. Additionally, 38% of finance leaders and 39% of CEOs considered it […]
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Alina Kukarina on why AI transformation begins before choosing the technology Read More »
From 24 August, YouTube counts a view the moment a video starts playing. No minimum watch time, across long-form, Shorts and live, everywhere. The YouTube view count will go up. Nobody will watch more. Nobody will earn more. What the rule was, and nobody could tell you Until now a YouTube view count on long-form […]
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YouTube view counts will rise on 24 August, and creator earnings will not Read More »
Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstructed it for the Wall Street Journal, and the sequence is stranger than the number. The phone call that gave it away David Mann runs […]
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Situational Awareness ran two auctions at once, and one set of bidders never knew Read More »
A bookseller hid an AirTag inside a rare book and let it go with a bulk order. The tracker travelled across the United States and stopped at a warehouse in Las Vegas owned by Amazon. Emanuel Maiberg reported the result for 404 Media on Monday. Booksellers have spent a year suspecting that AI companies were […]
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An AirTag in a rare book led to an Amazon book scanning warehouse in Las Vegas Read More »