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Meta posted the most profitable quarter in its history and the stock dropped 9 per cent. Revenue rose 33 per cent to $56.31 billion, beating Wall Street’s estimate of $55.49 billion. Net income reached $26.8 billion, up 61 per cent year over year. And for the first time since Meta began reporting its “family” of […]
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Meta posted its best quarter ever. The stock dropped 9 per cent. Read More »
South Africa’s Department of Communications and Digital Technologies spent months drafting a national artificial intelligence policy. It proposed a National AI Commission, an AI Ethics Board, an AI Regulatory Authority, an AI Ombudsperson, a National AI Safety Institute, and an AI Insurance Superfund. It outlined five pillars of AI governance: skills capacity, responsible governance, ethical […]
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South Africa used AI to write its AI policy. The citations were fake. Read More »
OpenAI called the report “prime clickbait.” It said its business is “firing on all cylinders.” It issued a joint statement from CEO Sam Altman and CFO Sarah Friar declaring they are “totally aligned.” None of it worked. On Tuesday, after the Wall Street Journal reported that OpenAI had missed internal revenue and user growth targets, […]
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Christopher Gray built Scholly to help students like himself find scholarships. He grew up in Birmingham, Alabama, became the first in his family to attend college after winning $1.3 million in scholarships to Drexel University, and turned that experience into a mobile app that matched students with financial aid based on their profiles. The app […]
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Elon Musk told a federal jury on Tuesday that his lawsuit against OpenAI and its co-founders is not about him. “It is not okay to steal a charity, that’s my view,” Musk said from the witness stand in Oakland, California, in his first testimony under oath in the case he filed in 2024. “If we […]
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“Ladies and gentlemen, we are here today because the defendants in this case stole a charity.” That was how Steven Molo, Elon Musk’s lead trial lawyer, opened the most consequential technology trial in a generation on Tuesday morning in an Oakland federal courtroom. Molo told the nine-person advisory jury that without Musk, “there would be […]
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OpenAI is developing a smartphone built around AI agents rather than apps, with Qualcomm and MediaTek jointly designing the custom processor and Luxshare Precision Industry co-designing and exclusively manufacturing the device, according to Ming-Chi Kuo, the TF International Securities analyst whose Apple supply-chain intelligence has made him the most closely followed hardware analyst in the […]
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More than 580 Google employees, including over 20 directors, senior directors, and vice presidents, have signed a letter urging CEO Sundar Pichai to refuse classified military AI work for the Pentagon, according to Bloomberg. The letter, which includes senior researchers at Google DeepMind, was sent to Pichai on Monday. “We are Google employees who are […]
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Sequoia Capital co-steward Alfred Lin personally purchased 200 Mac Minis, had each one custom-engraved with a design mixing old cartography and machine learning contour plots, and distributed them to attendees at Sequoia’s “AI at the Frontier” event. Each machine contained two easter eggs: Sequoia’s ethos statement about creative spirits and underdogs, and a quote generated […]
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Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI in 2015 and donated at least $38 million to it, is suing Sam Altman, […]
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Brockman’s diary called it a lie. Now a jury will hear it. Read More »