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Meta to put its own AI chip into production in September, aiming to double computing capacity

Meta plans to put its own artificial intelligence chip into production in September and is aiming to roughly double the computing capacity across its data centres, Reuters reported on Thursday, citing people familiar with the matter. The chip belongs to Meta’s in-house silicon line, the Meta Training and Inference Accelerator, or MTIA, which the company […]

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Revolut hires ex-Chase UK boss Kuba Fast to lead its European bank

Revolut has appointed Kuba Fast, the former chief executive of Chase UK, to run Revolut Bank UAB, the Lithuania-based entity that holds the fintech’s European banking licence. The move hands one of the industry’s most closely watched digital lenders a senior operator taken directly from JPMorgan Chase, as it presses on with a banking build-out […]

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Sonos loses a decade of design talent as layoffs hit its top ranks

Senior design, product, and research leaders with 10 years or more at the company are out, in a restructuring the chief executive calls speed and some staff call cost-cutting. “The design team is a little smaller now,” Edward Mitchell, a Sonos designer of roughly 12 years’ standing, wrote on LinkedIn as the audio company parted […]

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Recruiters chase specialised AI roles as their own jobs come under threat

The recruitment industry, one of the first white-collar businesses that automation was meant to hollow out, is trying to reinvent itself by selling the very thing that threatens it. Facing AI tools that can screen applicants and draft job posts in seconds, staffing firms are narrowing their focus to the specialised, hard-to-fill roles of the […]

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Judge approves Musk’s $1.5m SEC Twitter settlement despite ‘red flags’

A federal judge has approved the Securities and Exchange Commission’s settlement with Elon Musk over his late disclosure of a Twitter stake, closing a case that has run for years. US District Judge Sparkle L. Sooknanan entered the consent judgment on Wednesday in Washington, DC, despite what she described as significant misgivings about the deal. […]

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RAISE Summit hit by power outage during keynote with Mozilla president and Mistral CEO

Mistral CEO Arthur Mensch and Mozilla president Mark Surman were making the case for open-source AI’s reliability at RAISE Summit. Then the venue lost power, and their fireside chat finished almost in the dark. It was, in fairness, the perfect cue. Midway through a RAISE Summit fireside chat on open-source AI, the Master Stage lost […]

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“It can literally kill your company”: n8n’s case for model-agnostic AI

Asked where his company sits in the AI stack, Jan Oberhauser reached for a car. The models, the n8n founder told a fireside audience at the Raise Summit in Paris this week, are the engine. Everything else, the vehicle, the streets, the rules that let the engine actually take you somewhere, is the part he is […]

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Lovable is reportedly in talks to raise $300M at a $13.2bn valuation

Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $6.6bn valuation it commanded at its $330m Series B in December. The round is still under discussion rather than done, so the numbers could shift, and […]

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Perplexity signs up for Nvidia’s Vera CPU as the chipmaker pushes past AI accelerators

Perplexity has become one of the first big AI names to say it will build on Nvidia’s new Vera CPU, the general-purpose chip Nvidia is betting can carry it beyond the accelerators that made it the world’s most valuable company. The AI search firm said it plans to run its agent workloads on Vera, joining […]

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Meta debuts Muse Image, its first AI image model built under Alexandr Wang’s lab

Meta launched Muse Image on Tuesday, its first image-generation AI model built under the Superintelligence Labs division led by Chief AI Officer Alexandr Wang. The model is rolling out inside the Meta AI chatbot and will be embedded across Instagram and WhatsApp. Users can generate images from text prompts or alter existing pictures. The most […]

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