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Meta keeps delaying the Muse Spark API developers were promised

The model shipped in April. The interface developers need to build on it has slipped repeatedly, with no firm date until Meta said this week it would arrive this month. A model without an API is a demo, not a platform. That is the awkward position Meta’s Muse Spark has occupied since April, when the […]

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Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum

The marketed range was $53 to $55. Quantinuum priced at $60. That gap, the willingness of investors to pay above what the bankers asked, is the real news in the Honeywell-backed company’s initial public offering, which raised $1.68bn and set a valuation the entire quantum-computing sector will now be measured against. The mechanics are straightforward. […]

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Amazon develops a warehouse robot workers can speak to

Amazon has announced a new version of its fully autonomous warehouse robot, Proteus, that will can interact using language instead of code. The expanded capabilities come as part of a growing pivot towards automation as the e-commerce giant replaces its human workers with robots. Amazon says the AI-powered upgrade means its human employees can assign […]

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SoftBank’s PayPay pushes into insurance with a 70.2% T&D Life stake

The SoftBank-backed payments app is taking a 70.2% stake in T&D Financial Life, its most capital-intensive move yet from payments into full financial services. PayPay is buying its way into life insurance. The SoftBank-backed payments company has agreed to acquire a 70.2% stake in T&D Financial Life Insurance from T&D Holdings for roughly ¥134.3bn, about […]

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Complexity is the ceiling: software design in the age of AI coding

AI has made writing code faster than ever. The harder work is understanding a system and changing it without breaking it. That has not gotten cheaper, and it now decides how much you can hand to a machine. Introduction In 1987, in an essay called “No Silver Bullet,” Fred Brooks predicted that no tool or […]

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