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The ‘death zone’: how free Chinese models are hollowing out US AI

Artificial Intelligence, Business, China, Digital Marketing, SEO Tips, Technology /

China’s open-source AI push has created what Bloomberg calls a ‘death zone’ for rival American model makers. The phrase captures a squeeze on the middle of the market, where US companies are too costly to match free Chinese models yet not good enough to command a frontier premium. The pressure comes from giving models away. […]

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Can Reddit fend off a new wave of AI SEO spam?

AI, Business, Creators, Digital Marketing, Google, Reddit, SEO Tips, Technology /
Earlier this year, a Reddit user had asked members of a skincare-focused subreddit if anyone had tried a specific hypochlorous acid spray, a product often used for acne. There were dozens of responses; one from a user named Primary-Taro4254 seemed innocuous enough, at least at first. “I haven’t personally tried [that brand] so I can’t […]

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BlackRock launches tokenised money market funds to back stablecoins

Business, Digital Marketing, Finance, SEO Tips, Technology /

BlackRock wants to run the money behind stablecoins. The world’s largest asset manager has launched two tokenised money market funds built to serve as reserves for stablecoin issuers, deepening its push into blockchain-based finance. The funds are its latest step in tokenisation, the business of putting traditional assets such as Treasury bills onto a blockchain. […]

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SoftBank’s debt-fuelled AI bet faces its reckoning at earnings

Artificial Intelligence, Business, Digital Marketing, Next Featured, SEO Tips, Technology /

SoftBank’s AI bet meets its accountants this week. When the Japanese group reports earnings, the headline profit will look healthy, but the real story is the mountain of funding commitments Masayoshi Son has stacked behind OpenAI. Analysts expect net profit of around ¥148bn, close to $940m, for the April-to-June quarter, flattered by the rising value […]

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Anthropic pays AI’s biggest salaries. Its CEO just discovered people might take them for the money.

Artificial Intelligence, Business, Digital Marketing, Future of work, Insider, SEO Tips, Technology, United States /

The most valuable workers in technology cannot be kept, whatever the price. That is the uncomfortable admission running through the AI industry this week, as elite researchers keep hopping between labs that have offered them almost everything money can buy. The trigger was a single line in an Axios report on the talent wars. A […]

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Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury

Business, cryptocurrency, Digital Marketing, Next Featured, SEO Tips, Technology, United States /

American Bitcoin lost money again in the second quarter, and kept buying bitcoin anyway. The Trump-family-backed miner reported a net loss of $57.2m for the three months to June, narrower than the $81.8m loss it booked the quarter before. Mining revenue rose 8% to $67m, and the company produced a record 932 bitcoin over the […]

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Yellow.ai is going public to buy the call centres it wants to replace with AI

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

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing operators it aims to automate. The deal folds Yellow.ai into Bluerock Acquisition […]

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