Business

Auto Added by WPeMatico

New Zealand joins the global push to keep under-16s off social media

New Zealand will introduce a bill requiring platforms to verify users are over 16, though two of three coalition partners oppose it and no vote will happen before November’s election. France’s under-15 ban takes effect on 1 September with its age verification mandate stripped out. New Zealand will introduce a bill on Monday requiring social […]

This story continues at The Next Web

New Zealand joins the global push to keep under-16s off social media Read More »

SoftBank plans record $6.3bn retail bond sale in Japan

SoftBank plans a record 1 trillion yen retail bond sale, about $6.3bn, the largest by any issuer in Japan, to fund investment commitments to OpenAI. Analysts say banks were reluctant to take the risk, leaving the deal dependent on retail investors. SoftBank has found a lender of last resort for its AI bet, and it […]

This story continues at The Next Web

SoftBank plans record $6.3bn retail bond sale in Japan Read More »

Employers are quietly rehiring the people AI replaced, and paying them less to come back

Forrester reports that 55% of employers regret laying off workers for AI and expects half of AI-attributed layoffs to be quietly reversed, with jobs returning offshore or at significantly lower wages. In Europe, a revised directive will require consultation before such decisions, backed by financial penalties. The companies that cut jobs for AI are having […]

This story continues at The Next Web

Employers are quietly rehiring the people AI replaced, and paying them less to come back Read More »

Harvey’s first in-house model for legal work is here

Harvey has launched Tenet, its first proprietary model for legal work, post-trained on Kimi K3, the open-weight model from Chinese startup Moonshot. The company is backed by OpenAI, whose models Tenet is designed to displace inside Harvey’s own product. Harvey has stopped renting the thing its business depends on. The legal software company has launched […]

This story continues at The Next Web

Harvey’s first in-house model for legal work is here Read More »

A lawsuit says Oura’s sleep stages are AI guesses with a coin flip’s odds

A proposed class action filed in San Francisco alleges Oura’s sleep staging is generated by AI estimates rather than measurement, and names Finnish parent Oura Health Oy as a defendant. Oura says it stands behind its science and accuracy claims. The number Oura puts on its own product pages is now the subject of a […]

This story continues at The Next Web

A lawsuit says Oura’s sleep stages are AI guesses with a coin flip’s odds Read More »

A free AI model is winning over developers. And nobody knows whose servers it runs on

An anonymous model called Ox Alpha appeared on OpenRouter last week, free to use with a million-token context window, and developers have been impressed. OpenRouter’s own listing says prompts and completions are retained by the unidentified provider. A model that nobody will take credit for is being tested across the industry. Ox Alpha appeared on […]

This story continues at The Next Web

A free AI model is winning over developers. And nobody knows whose servers it runs on Read More »

Nvidia AI server prices are rising more than 15% from early next year

Nvidia’s largest customers have been notified that servers containing its AI chips will rise in price by more than 15% in many cases from early next year, driven by memory costs. The company reports quarterly earnings next week. Nvidia’s biggest customers have been told what the memory shortage is going to cost them. Servers containing […]

This story continues at The Next Web

Nvidia AI server prices are rising more than 15% from early next year Read More »

Apollo finds AI is hitting paychecks rather than payrolls

An Apollo analysis of 321 occupations found that wages in jobs highly exposed to AI grew 6.7% more slowly after 2023, with no statistically significant employment effect. The gap was 10.7% in the lowest-paid quartile and absent in the highest. The first measurable mark AI has left on the labour market is not unemployment. Apollo’s […]

This story continues at The Next Web

Apollo finds AI is hitting paychecks rather than payrolls Read More »

China’s AI and chip firms are handing out shares to keep their engineers

Chinese chip companies are running unusually broad equity schemes to keep engineers, with Cambricon covering 85.3% of its workforce and AMEC more than 97%. Europe’s semiconductor sector has a talent gap estimated at 65,000 workers. Chinese chip companies are giving away equity at a scale that looks less like a bonus scheme and more like […]

This story continues at The Next Web

China’s AI and chip firms are handing out shares to keep their engineers Read More »

The company that just opened America’s newest battery plant says solid-state cars are a decade away

LG Energy Solution says the unsolved problem in solid-state batteries is making large cells at scale, and expects the technology to reach smartphones roughly a decade before electric vehicles. Europe’s first solid-state gigafactory broke ground in France in February. The company that has just opened America’s newest battery plant does not think solid-state cells are […]

This story continues at The Next Web

The company that just opened America’s newest battery plant says solid-state cars are a decade away Read More »

Shopping Cart