After shocking quarter, IBM insists that AI isn’t killing the mainframe
After IBM’s stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI…
Google justifies its massive AI spending with a booming cloud business
Google’s cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech…
Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable
Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials…
Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it…
Social media addiction lawsuit against Meta is dropped
A closely watched social media addiction lawsuit that had been set to go to trial next week…
SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown
SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down….
How OpenAI’s human mistake led to the AI-powered hack on Hugging Face
OpenAI made a mistake setting up what it called a “highly isolated” testing environment and sandbox. According…
Travis Kalanick’s robotics company raises $1.7B, led by a16z
Uber is also investing in Travis Kalanick’s company Atoms, which has made gauzy claims about using industrial…
Science Corporation’s vision-restoring chip wins EU approval
“The thing that the space needs is a company making $100 million a year of revenue,” Science…
Yope raises $12.3M to build a private social network without algorithms or ads
Yope, a fast-growing social app focused on private groups of friends and family, has raised $12.3 million…