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Anthropic has signed a $35bn cloud deal with Nvidia-backed Lambda

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

Anthropic has committed $35bn to a cloud provider most people have never heard of, for capacity in a Texas data centre being built by a former bitcoin miner. The Wall Street Journal reported the Lambda agreement on Monday, and Reuters confirmed it with a person familiar with the matter. Neither company has announced it, and no term […]

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FTC lawsuit alleges Amazon has been ‘secretly and systematically’ overcharging for ads

Amazon, Business, Digital Marketing, News, Policy, SEO Tips, Tech, Technology /
The FTC and 22 state attorneys general are suing Amazon for allegedly using a “secret ad surcharge” to drive up prices for ads on its website and app. FTC chairman Andrew Ferguson claims in a blog post on the lawsuit that the higher advertising prices “were largely passed on to American consumers.” According to the […]

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The hardest problem in physical AI may be the magnet, not the model

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

Actuators account for 40% to 60% of a humanoid robot’s bill of materials and China refines roughly 90% of the rare earth magnets inside them, which makes the components rather than the models the limit on scale. Europe has a 2030 cap on single country supply under the Critical Raw Materials Act, and one company, […]

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TU Darmstadt found the people who know AI best fear it most

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

A representative TU Darmstadt survey of more than 2,000 people in Germany found that about 43% of those with very strong AI knowledge expect AI could soon take over their work, a higher share than among those who understand it less. Only 15% of respondents have had any AI training, eighteen months after the AI […]

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Windows 11 adds toggles to remove Bing results and Store suggestions from Search

Apps, Business, Digital Marketing, Microsoft, SEO Tips, Technology /

Windows 11 is rolling out toggles that remove Bing web results and Microsoft Store suggestions from Search, in an optional August update that is being released gradually. Microsoft removed Bing from the Windows Search pane for users in the European Economic Area to meet the Digital Markets Act deadline of 6 March 2024. Windows 11 […]

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ChatGPT Ads hits $1B annualised as the EU brings it under the Digital Services Act

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

OpenAI says ChatGPT Ads has reached $1B in annualised revenue run rate in under 200 days and has opened self-service buying across Europe, India, the Middle East and North Africa. On the same day the European Commission designated ChatGPT a Very Large Online Search Engine under the Digital Services Act, on 159.1 million declared monthly […]

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Apple’s Phil Schiller hands over App Store and Events to Eddy Cue

Apple, Business, Digital Marketing, Ecosystems, Next Featured, SEO Tips, Technology /

Phil Schiller has stepped down from running Apple’s App Store and its product events, Bloomberg reported, keeping his Apple Fellow title as responsibility moves to Eddy Cue’s services division with Carson Oliver running the store day to day. The change comes the day before John Ternus becomes chief executive, and thirteen days after Apple replaced […]

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LG Energy Solution signs a 10-year Arkansas lithium deal starting 2029

Business, Digital Marketing, Electric vehicle, Next Featured, SEO Tips, Sustainability, Technology /

LG Energy Solution has signed a binding 10-year take-or-pay agreement for 8,000 tonnes a year of battery-grade lithium carbonate from Smackover Lithium in Arkansas, a joint venture 45% owned by Norway’s state-controlled Equinor, starting in 2029. LG signed a comparable offtake with Vulcan Energy in Germany in January 2022 that was due to begin delivering […]

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Meta planned to cut some teams by 60% and replace the work with AI

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

Meta spent the first half of this year planning to replace much of the work its employees do with AI agents, then abandoned the most aggressive part of the plan when the technology did not deliver. Meta code-named the scheme Project OT, short for Organization Transformation. It explored cutting the size of many teams by […]

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