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Broadcom to lend Anthropic up to $42bn for its chips, Reuters reports

Anthropic, Artificial Intelligence, Business, Digital Marketing, Google, SEO Tips, Technology, United States /

Broadcom has agreed to lend Anthropic up to $42bn to help pay for its AI infrastructure, Reuters reported on Thursday, citing Anthropic’s IPO prospectus. The loan could cover about a third of the $125.2bn Anthropic has committed to a five-year lease of tensor processing units (TPUs), the AI chips Google designs with Broadcom. Echo Wang, […]

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Kanu AI raises $11.7m to turn how staff work into software they own

Artificial Intelligence, Business Apps, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Kanu AI has come out of stealth with $11.7m in funding. The Seattle startup builds software that runs inside a customer’s own cloud. Accel, BMW i Ventures and a16z speedrun joined a round led by Trilogy Equity Partners, the company said in a statement on Wednesday. “Companies have spent decades buying software built around someone […]

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Instagram’s Edits app gets an AI assistant that reads your Reels data

Apps, Artificial Intelligence, Digital Marketing, SEO Tips, social media, Technology, United States, Video /

Instagram is putting a chatbot inside Edits, its video editing app for creators. The tool reads a creator’s Instagram data and suggests what to make next. It is rolling out to all Edits users in the US, Brett Westervelt, who leads the app, wrote in a blog post on Wednesday. “One thing we heard consistently: […]

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Xbox is not for sale, CEO Asha Sharma tells The New York Times

Business, Digital Marketing, Gaming, Microsoft, Next Featured, SEO Tips, Technology, United States /

Asha Sharma was asked whether her endgame at Xbox was divestiture, Zachary Small reported for The New York Times. The question came in a profile of Microsoft’s gaming chief published on Wednesday. “Xbox is not for sale,” Sharma said. “We will do whatever it takes to set the company up for success, and we will […]

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Nvidia-backed GMI Cloud raises $668m as contracted revenue tops $600m

Artificial Intelligence, Asia, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

GMI Cloud, a Mountain View company that rents out Nvidia GPU servers, has raised $668m in new financing, the company said on Wednesday. That is $223m of Series B equity and a $445m credit facility. The Taiwanese bank CTBC led the credit facility. ARCHIV, a new San Francisco firm that invests in AI and robotics, […]

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McDonald’s uses AI to set an optimal price at each store, Reuters reports

Artificial Intelligence, Business, Digital Marketing, Legal, SEO Tips, Technology, United States /

McDonald’s is using an AI pricing engine to recommend what each of its nearly 14,000 restaurants should charge for every menu item, Reuters reported on Tuesday. The engine covers the US and some markets abroad. One factor the engine weighs is an estimate of how much each store’s customers are willing to pay. Waylon Cunningham […]

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OpenAI’s Greg Brockman drops his second $25m gift to an AI super PAC

Artificial Intelligence, Digital Marketing, Next Featured, OpenAI, Politics, SEO Tips, Technology, United States /

OpenAI president Greg Brockman and his wife, Anna, have pulled out of a second $25m donation to Leading the Future, a super PAC that backs pro-AI candidates for Congress. Theodore Schleifer and Mike Isaac reported the move for The New York Times on Wednesday. Leading the Future had said the couple would give $50m in […]

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Texas politics may delay Chevron data centre decision, Semafor reports

Artificial Intelligence, Digital Marketing, Government and policy, Microsoft, SEO Tips, Sustainability, Technology, United States /

A final investment decision on Project Kilby, a huge gas-powered data centre in West Texas, could slip from the end of this year to 2027 because of state politics. Tim McDonnell reported the news for Semafor on Thursday. The project, near Pecos in the Permian Basin, will use about 2.67GW of on-site gas turbines to power […]

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Meta tells the IRS its AI data centres are experiments, NYT reports

Artificial Intelligence, Digital Marketing, Finance, Government and policy, Meta, SEO Tips, Technology, United States /

Meta tells the IRS that its AI data centres are an experiment that could fail, The New York Times reported on Wednesday. That lets Meta claim a research tax credit on the AI chips it buys. The credit cut almost $4bn off its tax bill last year. Kashmir Hill, Jesse Drucker, Eli Tan and Mike […]

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Anthropic says China’s GLM-5.3 nearly matches Mythos at cyber exploits

Anthropic, Artificial Intelligence, China, Digital Marketing, Security, SEO Tips, Technology, United States /

GLM-5.3, an open-weight model from the Chinese lab Zhipu AI, can build working cyber exploits on its own almost as well as Claude Mythos Preview, Anthropic said on Tuesday. Its safeguards can be bypassed with simple techniques in up to 100% of tests. Anthropic’s Frontier Red Team published the findings in a research post. Zhipu […]

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