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Qualcomm’s CEO says AI agents will be the new app, and 40 new devices are coming

Qualcomm’s chief executive thinks the app as you know it is on the way out, and that the phone in your pocket is about to lose its place at the centre of your digital life. ‘Agents are going to be the new app,’ Cristiano Amon told CNBC’s The Tech Download podcast. Apps are ‘not dead,’ […]

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Anthropic heads to Washington for crisis talks as Fable 5 ban spirals into the ugliest AI policy fight in US history

Anthropic’s senior technical staff will sit down with Commerce Department officials in Washington on Monday in a bid to resolve the escalating crisis over its suspended Fable 5 and Mythos 5 models. The meeting, confirmed by Reuters and Bloomberg, comes after a week in which the dispute has metastasised from a narrow cybersecurity concern into a […]

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US order to block foreign access to Anthropic’s top models marks a reversal

The US government has ordered Anthropic to bar foreign nationals from its two most capable AI models, and rather than try to enforce a nationality rule selectively across a shared cloud service, the company switched them off for everyone. Anthropic disabled Claude Fable 5 and Claude Mythos 5 worldwide late on Friday 12 June, three days […]

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Meta is giving free AI glasses to every blind veteran in America

Meta is giving free Meta AI glasses to every blind veteran in America. Mark Zuckerberg announced the programme on Friday, offering a pair of Ray-Ban Meta glasses, at no cost, to all legally blind US veterans. “Meta AI on these glasses can describe what’s around you, read documents, and help you navigate daily life more […]

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Current’s $80M Series E values the neobank below its 2021 peak

The Current Series E is in. The New York neobank raised $80m, led by Springcoast Partners, at a $1.5bn valuation. That headline hides the real story. In 2021, Andreessen Horowitz valued Current at $2.2bn. The new round sits about a third below that peak. So this is a down round. It is also, the company […]

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Coram raises $35M to turn security cameras into autonomous AI investigators

Coram AI has raised $35m to turn the security cameras already bolted to walls into something closer to an autonomous detective. The Series B is co-led by the new investor Ansa Capital and Battery Ventures, with UP Partners, 8VC and Mosaic Ventures joining. It takes the San Francisco company’s total funding to $66m. Coram’s pitch […]

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AI bubble fears are spreading, even as SpaceX readies the biggest IPO ever

On the day SpaceX prices the largest stock-market debut in history, the market underneath it has a case of nerves. The cause is not rockets. It is AI. Several warning lights are flashing at once. Together they amount to the first serious test of a trade that has carried global markets for two years. The […]

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What SpaceX’s record IPO really means for the OpenAI and Anthropic listings behind it

The SpaceX IPO is set to price the biggest stock-market debut in history this week, raising about $75bn at a valuation near $1.75tn, with shares trading on Nasdaq from Friday. But the most consequential thing about Elon Musk’s rocket company going public may have little to do with rockets, or with Musk. It is what […]

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Google is funding 300,000 electricians and welders, because the AI boom is running out of them

The AI boom has a problem no amount of capital can solve on its own: there are not enough electricians, welders, and pipefitters to build it. Google’s answer is to pay to train them. Its philanthropic arm, Google.org, said it is committing $50M to prepare more than 300,000 skilled-trade workers across over 20 US states, […]

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The US-Philippines AI hub now has a price tag, $10bn, and a 99-year lease on the table

The US-backed plan to build an AI and supply-chain hub in the Philippines now has a number attached: about $10bn in initial investment, with more to follow, according to the official leading the Philippine side. It also has a striking term on the table, a lease to the United States of up to 99 years. […]

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