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Procore’s AI could read the blueprints. For $845M, it just bought eyes on the site.

Artificial Intelligence, Business, Digital Marketing, Merge and Acquisition, robots, SEO Tips, Technology, United States /

Procore’s AI can read a construction project’s paperwork. Now it is paying $845m to give that AI eyes on the actual site. The construction-software company said it will buy DroneDeploy, a reality-capture and robotics firm, for about $845m in cash, Procore announced. DroneDeploy’s drones, ground robots and cameras are used on more than 3 million […]

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IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.

Deep tech, Digital Marketing, Merge and Acquisition, Quantum tech, Science, SEO Tips, Technology, United States /

Six days ago, IBM agreed to buy a quantum-computing lab that builds a kind of qubit IBM does not. This week, the lab showed the world why. HRL Laboratories published a result in Nature on Wednesday: a silicon quantum processor that, in effect, runs itself. The Malibu research house is jointly owned by Boeing and […]

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IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature. Read More »

The AI race built faster chips. Now the chips are too fast for their own wires.

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

For three years, the AI race has been a race for faster chips. Eliyan just became a $1bn company by pointing out that the chips are now too fast for their own wires. The Santa Clara startup said it closed an oversubscribed $145m Series C at a $1bn valuation, making it a unicorn, the company […]

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The AI race built faster chips. Now the chips are too fast for their own wires. Read More »

The FTC is suing Hims & Hers for sharing patients’ health data with Meta and Snap

Data and security, Digital Marketing, Government and policy, Legal, SEO Tips, Technology, United States /

The Federal Trade Commission is suing Hims & Hers, accusing the telehealth company of sharing customers’ sensitive health information with advertising platforms including Meta and Snap. The complaint, filed on 29 July and joined by Utah and California, also alleges the company charged people without proper consent and made subscriptions deliberately hard to cancel. The […]

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Microsoft’s AI spending became cloud revenue. Meta’s became a cash-flow hole.

Artificial Intelligence, Business, Digital Marketing, Finance, SEO Tips, social media, Technology, United States /

Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed up as a hole in its cash flow. Meta’s revenue rose 28% to $60.8bn, beating forecasts, CNBC reported. But profit fell 14% to $15.8bn, earnings per share missed, and the shares dropped about 5% after […]

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Microsoft’s AI spending became cloud revenue. Meta’s became a cash-flow hole. Read More »

Microsoft’s Azure just crossed $100bn a year, and the AI bet mostly paid off

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

Microsoft went into its earnings facing one question: is the vast AI spending working? The numbers said yes, mostly. Revenue rose 18% to $90bn for the quarter to 30 June, and net income climbed 31% to $35.8bn, the company reported. Microsoft Cloud brought in $59.3bn, up 27%. The shares rose about 2% after hours. Azure […]

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Microsoft’s Azure just crossed $100bn a year, and the AI bet mostly paid off Read More »

OpenAI is giving 100,000 scientists free AI. Here’s how it can afford to.

Artificial Intelligence, Business, Digital Marketing, Science, SEO Tips, Startups and technology, Technology, United States /

OpenAI made two announcements this week that look unrelated. One is generous. The other explains how it can afford to be. The generous one: OpenAI is giving 100,000 academic researchers free access to its frontier models through 2027, Axios reported. The programme, ChatGPT for Academic Researchers, starts with 10,000 users this summer and scales from […]

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OpenAI is giving 100,000 scientists free AI. Here’s how it can afford to. Read More »

She left the AI race over her health. Two days later, OpenAI had her back.

Artificial Intelligence, Digital Marketing, Future of work, OpenAI, SEO Tips, Startups and technology, Technology, United States /

On Tuesday, Lilian Weng said she was stepping down from Thinking Machines Lab because the job was making her ill. On Wednesday, she was back at OpenAI. Weng co-founded Thinking Machines Lab with Mira Murati, OpenAI’s former chief technology officer. She is rejoining OpenAI to work on recursive self-improvement, or using AI models to build […]

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She left the AI race over her health. Two days later, OpenAI had her back. Read More »

OpenAI ‘open-sourced’ its AI security scanner. The scanner is still locked up.

Artificial Intelligence, Data and security, Digital Marketing, Security, SEO Tips, Startups and technology, Technology, United States /

OpenAI has open-sourced an AI tool that hunts for security holes in your code. There is a catch: the part that does the hunting is still locked behind its approval. The company quietly released the Codex Security CLI this week, before it had even announced it. The code is public, under an open licence. It […]

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OpenAI ‘open-sourced’ its AI security scanner. The scanner is still locked up. Read More »

xAI says the First Amendment protects the right to build ‘nudify’ tools

Artificial Intelligence, Digital Marketing, Government and policy, privacy, SEO Tips, Technology, United States, xAI /

xAI has a novel argument for why it should get to keep building tools that digitally undress people. The First Amendment. Elon Musk’s AI company, now owned by SpaceX, sued Minnesota’s attorney general on Monday, CBS News first reported. It wants a federal court to strike down the first US law banning “nudification” technology. The […]

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