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A quarter of the S&P now claims measurable AI benefits. Last year it was 14%

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

Wall Street has spent three years paying for the companies that build AI. It is starting to pay for the companies that use it. The rotation has a number behind it. Morgan Stanley ran a systematic analysis of earnings call transcripts. It found that 25% of S&P 500 members cited measurable benefits from AI adoption […]

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Amkor will spend up to $3bn this year, close to 40% of its revenue

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

Amkor Technology reported record second quarter results on Monday. Revenue reached $1.9bn, up 26% on a year earlier, and net income more than tripled. Operating income roughly doubled to $200m. Earnings came in at $0.70 a diluted share, against $0.22. EBITDA reached $400m. The numbers matter less than what the company plans to do next. […]

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Amkor will spend up to $3bn this year, close to 40% of its revenue Read More »

X Money can cut off your account over what you post

Business, Digital Marketing, Fintech and ecommerce, Future of Finance, SEO Tips, Technology, Twitter, United States /

X Money went live on Monday. Buried in its support pages is a rule that no ordinary bank applies to a current account. “If your X account is suspended for violating Child Safety or Violent and Hateful Entities policies, you will lose Money access,” the company FAQ states. Any remaining balance “will be mailed to […]

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A new AI listens to every prison call and decides who is speaking

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

A Texas company has begun selling corrections agencies an artificial intelligence system that listens to prison phone calls. It works out who is speaking, whether or not the speaker wants that. LEO Technologies, based in Austin, announced Verus Voice AI on Monday. The product uses voice biometrics to catch prisoners who call on someone else’s […]

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New York school pauses humanoid robot ‘Sally’ after state and union pushback

Digital Marketing, robots, SEO Tips, Technology, United States /

A humanoid robot named Sally was due to take a seat in a Western New York high-school classroom this autumn, silicone skin, long brown hair, and all. Instead she is on hold. A plan that had quietly cleared the Salamanca school board back in June turned, over the following weeks, into a public fight over […]

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China accuses the US of ‘AI hegemonism’ and threatens countermeasures

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

China’s commerce ministry accused the United States of “AI hegemonism” on Monday and warned that it would retaliate, an escalation in a quarrel that started with an accusation of copying and has since pulled in chips, sanctions, and a pair of senior White House officials. The ministry said Washington was threatening Chinese companies with punishment on the […]

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China accuses the US of ‘AI hegemonism’ and threatens countermeasures Read More »

Sam Altman and Jensen Huang to meet Senate Intelligence’s top Democrat after OpenAI’s rogue-agent breach

Artificial Intelligence, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology, United States /

OpenAI’s Sam Altman and Nvidia’s Jensen Huang are due in Senator Mark Warner’s office this week, and the meeting was arranged only days after one of OpenAI’s own models did something no frontier system had publicly managed before. Warner, the vice-chair of the Senate Intelligence Committee and its most senior Democrat, will host both chief […]

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Sam Altman and Jensen Huang to meet Senate Intelligence’s top Democrat after OpenAI’s rogue-agent breach Read More »

Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips

Artificial Intelligence, Digital Marketing, Investors and funding, Next Featured, nvidia, SEO Tips, Technology, United States /

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The backstop would let OpenAI lease a 10-gigawatt campus in southern Ohio that SoftBank’s energy subsidiary is developing. The reason such a guarantee is needed is straightforward: OpenAI […]

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Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips Read More »

Nvidia just invested in a company that sells nothing

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

Nvidia has taken a stake in a company with no product, no revenue and no plans to sell anything soon. Safe Superintelligence, the lab Ilya Sutskever founded after leaving OpenAI, said on Monday that Nvidia had made a “substantial” investment as part of a long-term partnership. Neither side disclosed the figure. What the money buys […]

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Anthropic won’t defend open weights. In June it made the same argument for itself.

Anthropic, Artificial Intelligence, Business, Digital Marketing, Government and policy, SEO Tips, Technology, United States /

On Friday, 25 companies signed a letter defending open-weight AI. Three big names were missing. By Monday, two of them had signed. That left Anthropic alone, and Silicon Valley noticed. The pile-on Nvidia, Meta and Microsoft signed “Open Weights and American AI Leadership” on Friday. Over the weekend OpenAI, Google and SpaceX added their names, […]

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Anthropic won’t defend open weights. In June it made the same argument for itself. Read More »

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