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The New York Times is testing AI summaries on readers

The New York Times has started showing readers text written by a machine. A new search page answers queries with excerpts, links to Times stories and AI-generated summaries of Times reporting. Max Tani, Semafor’s media editor, reported the test on Sunday. The paper rolled it out quietly to a small subset of visitors over recent […]

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Trump wants a $103,265 fee on new H-1B visas

The US Department of Homeland Security proposed a rule on Monday. It would charge employers $103,265 for a new H-1B visa. Daniel Wiessner reported the filing for Reuters. A federal judge blocked a similar fee in June, calling it unlawful. H-1B visas let US employers hire foreign workers trained in specialty fields, and the technology […]

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Amazon raised its device prices by up to 60% overnight

Amazon raised the price of its own devices overnight on 21 August. The increases run to 60% on the cheapest product in the range, and they were not announced. Fortune reported the change across the hardware line. Pocket-lint had reported the Fire TV increases earlier the same day. Amazon confirmed the rises and blamed memory […]

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Nvidia has bought into a third land and power company this month

Nvidia took a minority stake in Cloverleaf Infrastructure on Friday. Cloverleaf secures land and electricity for data centres. It is the third company of that kind Nvidia has bought into in quick succession, according to The Information. Neither company disclosed terms. The Wall Street Journal reported on Friday morning that Nvidia was expected to invest […]

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Apollo blames social engineering for a four-day breach in July

Apollo Global Management has told people that hackers reached their names, dates of birth, contact details, home addresses and Social Security numbers. The private equity firm set out the incident in a notification letter dated 21 August and posted on the California attorney general’s website. The letter opens the account of what happened with a […]

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Twitch and Amazon face a class action over livestream AI training

A Twitch streamer sued Twitch and Amazon on 20 August over the use of livestreams to train Amazon’s generative AI. The complaint runs to 37 pages. Counsel filed it in the Northern District of California, San Francisco Division. The case number is 3:26-cv-08721. Its central documentary claim concerns a contract. Twitch announced an opt-out setting […]

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Anthropic’s enterprise venture has bought its second consultancy in four months

Ode, the enterprise AI company Anthropic set up with Blackstone, has bought an AI consultancy called Casper Studios. Casper helps companies put Claude to work inside software their staff already use, Ode said on Thursday. The announcement gives no price. It is the second consultancy Ode has absorbed in four months. The company Anthropic built […]

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Meta pays Microsoft hundreds of millions a year to rent AI models

Meta is spending hundreds of millions of dollars a year buying access to AI models through Microsoft’s cloud. The company runs trillions of tokens a week through Azure, Bloomberg reported, citing a person familiar with the matter who asked not to be identified. That makes Meta one of Microsoft’s largest AI customers. Both companies declined […]

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Astromech raised $20mn at $3.8bn to forecast how biology breaks

Astromech has raised $20mn at a $3.8 billion valuation to build AI that predicts how living systems will change. The company says its models learn from 3.8 billion years of biological history. The valuation and the training window are the same number, and nobody has said whether that is a coincidence. Bob Nelsen led the […]

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Walmart is accepting tap to pay after eleven years of refusing

Walmart is adding tap to pay at its checkouts from Monday, ending more than a decade of refusing the technology. The retailer will not say so in those terms. Its announcement does not use the word Apple once. The rollout starts at selected Walmart stores and Sam’s Club locations on 24 August, the company said. […]

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