The U.S. Department of Defense announced Friday that it has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI to deploy their artificial intelligence hardware and models on classified military networks. The deals, which follow similar agreements with Google, SpaceX, and OpenAI, are part of the Pentagon’s broader push to integrate AI into […]
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with this editor about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong. On stage with […]
A massive $8.5 billion loan to AI cloud provider CoreWeave is more than just another big tech deal. Financial analysts say it exposes a fundamental weakness in how Wall Street once bankrolled the cryptocurrency mining industry. The financing, backed by Meta Platforms, represents a clear pivot. Lenders are now chasing predictable cash flows from contracted […]
Billionaire media mogul Barry Diller does not believe OpenAI CEO Sam Altman is untrustworthy, despite recent reporting that has painted the AI executive in a less favorable light. Speaking on stage at The Wall Street Journal’s ‘Future of Everything’ conference this week, Diller vouched for Altman, who has faced accusations from former colleagues and board […]
SpaceX, Elon Musk’s space exploration company that now also houses his artificial intelligence venture xAI, is evaluating plans to build a massive semiconductor manufacturing facility in Grimes County, Texas, according to a proposal filed on the county’s website. The initial investment could reach $55 billion, with total spending over multiple phases potentially hitting $119 billion. […]
Would you take orders from an algorithm? For a notable segment of the U.S. workforce, the answer is shifting from science fiction to a serious consideration. According to a new national poll, 15% of American adults say they would be willing to work for an AI boss—a program that directly assigns tasks and sets schedules. […]
Match Group, the parent company of dating apps including Tinder and Hinge, is slowing its hiring for the rest of the year to help pay for a company-wide push into artificial intelligence tools. The decision, disclosed during the company’s first-quarter earnings call, reflects a growing trend among technology firms to reallocate resources toward AI adoption, […]
Apple has agreed to pay $250 million to settle a class-action lawsuit alleging that the company misled consumers about the readiness of advanced artificial intelligence features for Siri, particularly those promised as part of Apple Intelligence. The settlement, first reported by the Financial Times, resolves claims that Apple exaggerated the timeline and functionality of AI […]
Samsung Electronics became the second Asian company to reach a $1 trillion market valuation on Wednesday, as shares surged more than 10% amid a sustained artificial intelligence-driven boom in semiconductor demand. The milestone places the South Korean tech giant alongside Taiwan Semiconductor Manufacturing Company (TSMC) as the only Asian firms to cross the trillion-dollar threshold. […]
India’s first GenAI unicorn, Krutrim, has announced a major strategic pivot away from foundational AI model development toward cloud services. This shift marks a significant recalibration of ambition for the Bengaluru-based startup, which once positioned itself as a domestic challenger to global AI giants like OpenAI and Anthropic. The move comes after months of relative […]
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