How businesses can use local AI models to improve data privacy
Businesses intending to use AI do not have to rely on cloud-based tools like Chat-GPT, which tend to require uploading…
Microsoft to cut about 4% of jobs amid hefty AI bets
Microsoft (MSFT.O), opens new tab will lay off nearly 4% of its workforce, the company said on Wednesday, in the…
Exclusive: Scale AI’s bigger rival Surge AI seeks up to $1 billion capital raise, sources say
Surge AI, a data-labeling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion…
Exclusive: Intel’s new CEO explores big shift in chip manufacturing business
Intel’s (INTC.O), opens new tab new chief executive is exploring a big change to its contract manufacturing business to win…
Brainlab CEO in internal memo blames geopolitical uncertainties for putting IPO on ice
The CEO of German medical technology firm Brainlab said on Tuesday that geopolitical uncertainties had prompted the decision to put…
Premier League forms five-year AI partnership with Microsoft
The English Premier League and Microsoft (MSFT.O), opens new tab on Tuesday announced a five-year partnership where the cloud giant…
Two Chinese chip firms plan $1.7 billion IPOs, bet US export curbs to spur growth
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan ($1.65 billion) in initial public…
Meta deepens AI push with ‘Superintelligence’ lab: Report
Over the past month, Zuckerberg personally led an aggressive talent raid, floating offers for startups including OpenAI co-founder Ilya Sutskever’s…
Scale AI CEO Stresses Startup’s Independence After Meta Deal
Scale AI’s new leader said the data-labeling startup remains independent from Meta Platforms Inc. despite the social media giant taking…
Amazon deploys its 1 millionth robot, releases generative AI model
After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1…
X is piloting a program that lets AI chatbots generate Community Notes
The social platform X will pilot a feature that allows AI chatbots to generate Community Notes. Community Notes is a…
xAI raises $10B in debt and equity
Elon Musk’s AI company, xAI, has raised $10 billion in debt and equity, Morgan Stanley confirmed on Monday. In a…
Grammarly acquires AI email client Superhuman
Grammarly announced Tuesday the acquisition of email client Superhuman in a push to build out its AI for its productivity…
Legal software company Clio drops $1B on law data giant vLex
On Monday, Clio, a 17-year-old Canadian law firm management software company, announced that it has agreed to acquire vLex, a…
Cloudflare launches a marketplace that lets websites charge AI bots for scraping
Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace that…
Flood of interest in Europe’s AI Gigafactories plan
The European Commission has seen a flood of interest from companies looking to help create AI Gigafactories across Europe. Brussels…
Meta Wins Case Over Its Use of Copyright-Protected Content to Train AI
One of the most significant (yet less flashy) considerations of the new wave of generative AI tools is the copyright…
‘Embracing AI’: Dutch tech company TomTom cuts 300 jobs
Dutch car navigation firm TomTom announced on Monday that it was cutting 300 jobs, approximately 10 per cent of its…
Google Cloud Adds More AI Firepower for Partners
Google Cloud has just introduced a couple of new AI-powered tools designed to help partners work faster, smarter, and with…
Apple reportedly considers letting Anthropic and OpenAI power Siri
Apple is considering using AI models from OpenAI and Anthropic to power its updated version of Siri, rather than using…