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Salesforce expects to spend $300 million on Anthropic tokens this year, and Benioff wants coding inside Slack next

Marc Benioff expects Salesforce to spend $300 million on Anthropic tokens this year, almost entirely on coding. The Salesforce CEO made the projection on the All-In podcast published on Friday, calling AI coding agents “awesome” and Anthropic “awesome” in the same breath, before adding that the spending would make everything at Salesforce cheaper to build. […]

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OpenAI wants ChatGPT to see your bank account. The pitch is convenience. The risk is everything else.

OpenAI has launched a personal finance experience inside ChatGPT, letting subscribers connect their bank accounts, credit cards, investment portfolios, and loan accounts to the chatbot and ask questions grounded in their actual financial data. The feature, released on 15 May, is available in preview to US-based ChatGPT Pro subscribers on web and iOS, with support […]

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OpenAI wants ChatGPT to see your bank account. The pitch is convenience. The risk is everything else. Read More »

Chinese parts already power American cars, and that’s exactly why Congress is panicking

  Somewhere in the wiring of the car you drove this morning, there is almost certainly a Chinese component. An airbag inflator. A windshield. A steering column bearing. According to global consulting firm AlixPartners, more than 60 US-based auto suppliers are now owned by Chinese companies, making everything from axles to electronic control units for […]

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China’s tech giants are replacing the search bar with AI agents that shop for you

  For years, buying something online in China meant typing keywords into a search bar and scrolling through an endless grid of listings. That ritual is being dismantled. On Monday, Alibaba Group integrated its Qwen artificial intelligence assistant with Taobao, its largest marketplace, giving the chatbot access to a catalogue of more than four billion products. […]

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Revolut is offering every employee GBP1,000 to sell business banking. The real prize is a $200 billion IPO.

  Revolut’s chief executive, Nik Storonsky, has told employees across the company that business banking is now its top priority, and is offering each of them £1,000 to prove he means it. In a memo sent to staff on Friday, Storonsky asked everyone, regardless of department, to help bring in new business customers, send pitches […]

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Revolut is offering every employee GBP1,000 to sell business banking. The real prize is a $200 billion IPO. Read More »

Bolt is betting that South Africa’s next ride will be a Chinese electric car

  Bolt Technology, the Estonian ride-hailing company that has spent roughly $180 million building a dominant position in South Africa, has struck a deal with China’s Dongfeng Motor Group to roll out an electric-vehicle fleet in the country. The partnership will start in Cape Town, with Dongfeng’s Box hatchback and its more premium 007 sedan […]

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Trump leaves Beijing saying he and Xi talked AI guardrails. Nothing was signed.

Asked what kind of guardrails on the way out, the US president told reporters on Air Force One: ‘standard guardrails that we talk about all the time’. H200 deliveries to ten cleared Chinese buyers remain stalled. Donald Trump told reporters on Air Force One on Friday that he and Xi Jinping discussed AI guardrails and […]

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Trump leaves Beijing saying he and Xi talked AI guardrails. Nothing was signed. Read More »

Musk’s X commits to UK regulator on hate speech, with Grok probe still open

Elon Musk’s platform has agreed to review illegal hate and terrorism posts within a day on average, restrict UK-proscribed groups, and report quarterly to the regulator. A separate Ofcom investigation continues. X has agreed to a set of commitments on illegal hate speech and terrorist content with Ofcom, Britain’s communications regulator said on Friday, after […]

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Bill Ackman moves into Microsoft, with the size to be disclosed today

Pershing Square has taken a new position in Microsoft, with the size to be disclosed in a 13F filing later on Friday. The stock is down roughly 16% year-to-date. Bill Ackman has bought Microsoft. Pershing Square’s chief executive said on X on Friday morning that the fund had taken a new position in the software […]

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Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe

The round, led by Schroders Capital, follows January’s acquisition of Berlin-based StackFuel and 50% year-on-year revenue growth. Customers include the AA, Babcock, and Capital. Multiverse, the London-based AI- and tech-upskilling platform founded by Euan Blair, said on Friday it had raised $70m in primary funding led by Schroders Capital, at a $2.1bn valuation. Existing investors, […]

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