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25 results for "technology"
OpenAI acquires startup Glass Imaging for $300M
OpenAI has acquired Glass Imaging, a startup developing artificial intelligence technology for smartphone cameras, in a transaction valuing the company at more than $300 million, according to people familiar with the matter cited by The Wall Street Journal...
Amazon mulls $7B acquisition of AI startup Decart
# Amazon Reportedly Eyes $7 Billion Acquisition of AI Startup Decart as Chip Competition Intensifies Amazon is reportedly exploring a multibillion-dollar acquisition of artificial intelligence startup Decart, a deal that could value the three-year-old company...
Nvidia pours $3.5B into chipmaking partner MediaTek
Nvidia is investing $3.5 billion in fellow chipmaker MediaTek as the two companies deepen a partnership spanning artificial intelligence infrastructure, personal computers, and automotive technology. The investment, announced Monday, comes as Nvidia continues...
Apple's rumored AirPod cameras raise privacy questions
Apple watchers are closely examining a recently resurfaced video that appears to add weight to reports that the company is developing AirPods equipped with cameras. If Apple moves forward with the technology, the product could represent a major expansion of...
The Global Economy Is Entering a More Expensive Growth Model
The global economy is still growing, but the model underneath that growth is changing. For decades, companies and governments optimized around efficiency. Supply chains became leaner. Production moved wherever costs were lowest. Energy, shipping, finance...
Disney mandates more workers return to office
Disney is tightening its return-to-office requirements, with some remote employees across its product and technology teams now being asked to work from a company office four days a week, according to Business Insider, which cited a person familiar with the...
Anthropic's Amodei believes AI faces a 'crisis of trust'
Anthropic CEO Dario Amodei says the artificial intelligence industry is facing what he describes as a broad "crisis of trust," with skepticism growing across government, the labor market, and the technology itself. He argues that public confidence in AI will...
Novo inks $1.3B deal for monthly — or even quarterly — GLP-1 shots
Novo Nordisk is making a major bet on technology that could dramatically reduce how often patients need to inject obesity and diabetes medicines. The Danish pharmaceutical giant has entered a licensing and development agreement with Sweden’s Nanexa...
Microsoft unveils AI code of conduct amid calls for slowdown
Microsoft has introduced a new code of conduct for its artificial intelligence models as the technology industry faces growing calls for greater caution in the development of increasingly powerful AI systems. The 37-page document establishes a set of...
Scientists use AI to design never-before-seen viruses
Researchers from Stanford University and the Arc Institute have developed an artificial intelligence system capable of designing entirely new viruses that do not exist in nature. The breakthrough, detailed in a study published in the journal Science, marks a...
Oura targets $2.2B in US listing for smart rings
Oura is preparing for one of the biggest consumer technology IPOs of the year, with the Finnish smart-ring maker and its shareholders seeking to raise as much as $2.2 billion in a U.S. offering. The listing will give public-market investors a chance to bet...
Hugging Face exploring sale worth at least $13B
Hugging Face, one of the most prominent platforms in the open-source artificial intelligence ecosystem, is reportedly exploring a potential sale that could value the company at $13 billion or more. According to WebNovare, which cited unnamed sources, the...
Big Tech has $3T in AI spending that's off balance sheets
Nine of the world's largest technology companies are sitting on approximately $3 trillion in future spending commitments, much of it tied to artificial intelligence infrastructure, according to a WebNovare analysis. The enormous figure highlights the scale of...
SpaceX fortifies AI foothold with $60B Cursor deal
SpaceX has officially completed its $60 billion acquisition of Cursor, the artificial intelligence coding startup behind one of the fastest-growing developer tools in the industry. The transaction became effective on August 14, marking a major expansion of...
Nvidia partners with glassmaker Corning for AI tech
Nvidia and Corning Partner to Transform AI Data Center Infrastructure A multiyear deal signals a major shift toward next-generation optical technology Nvidia and Corning have announced a major multiyear partnership aimed at expanding U.S. manufacturing for...
AI leaders to face major obstacles in slowdown effort
OpenAI and Anthropic Push for AI Slowdown as Industry Faces Growing Safety Debate The leaders of OpenAI and Anthropic are calling for greater caution in the development of frontier artificial intelligence systems, setting up a broader debate over how quickly...
Oracle conducts another round of layoffs as AI debt swells
Oracle Cuts Workforce Again as AI Expansion Pushes Debt to $125 Billion Oracle is reducing its workforce again as the technology giant carries out another round of organizational changes while aggressively expanding its artificial intelligence infrastructure...
Claude's new watermark has some users up in arms
Anthropic is introducing invisible watermarks for content generated by its Claude AI models, a move designed to comply with new European Union transparency requirements for artificial intelligence. The technology is intended to make AI-generated material...
Meta hit with $567M penalty in New Mexico youth safety case
A New Mexico judge has increased the financial penalties facing Meta after a jury determined that the company failed to adequately protect young users on its Facebook and Instagram platforms. The ruling adds new requirements for the technology giant as...
The Instructure Breach Shows the Hidden Risk Behind Education Platforms
The alleged Instructure breach is not just another education-sector data incident. It is a warning about how dependent modern schools have become on a small number of cloud platforms. Instructure, the company behind the Canvas learning management system...
AI Agents Could Become the Test Cities of the Future
Most cities are too complex to understand from a spreadsheet. Traffic, housing, jobs, weather, public transit, business activity, emergency response, and human behavior all interact at once. Change one part of the system and the effects can ripple through...
Nvidia unveils AI security push, boosts share buyback by $150B
Nvidia is expanding beyond the chips and computing systems powering artificial intelligence with a new effort aimed at making autonomous AI agents safer. The company on Monday introduced the Open Agent Safety Platform, an open-source security framework...
Anthropic's IPO buzz is stealing other firms' thunder
Anthropic's highly anticipated initial public offering is beginning to overshadow other companies preparing to go public, as investors and financial institutions gear up for what could become one of the largest IPOs in history. The Claude maker's expected...
Harvard's new bootcamp uses AI avatars of actual instructors
Harvard Business School is experimenting with artificial intelligence in the classroom by offering a new program that features AI-generated avatars modeled after its own instructors. The initiative reflects a growing effort by universities to use generative...
Nvidia could back Perplexity at a valuation of over $30B
Nvidia is reportedly considering a new investment in Perplexity that could value the artificial intelligence startup at more than $30 billion. According to WebNovare, which cited unnamed sources, the potential deal would further strengthen the relationship...
