Latest in Another Billion Ai
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Amazon Just Invested Another $4 Billion in AI Startup Anthropic
The shopping and computing giant is literally doubling down on enterprise AI.Business - Inc. - Yesterday -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - October 29 -
Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.Business - CNBC - Yesterday -
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on ...Business - MarketWatch - October 26 -
AI is supposed to make applying to jobs easier — but it might be creating another problem
Artificial Intelligence is reshaping the job application process, simplifying some aspects — and creating new potential frictions in others.Top stories - NBC News - 6 days ago -
Amazon pumps another $4bn into AI start-up Anthropic
Tech group doubles total investment to $8bn as generative artificial intelligence race intensifiesBusiness - Financial Times - Yesterday -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - November 5 -
How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.Business - CNBC - November 8 -
Inside the Billion-Dollar Startup Bringing AI Into the Physical World
Physical Intelligence has assembled an all-star team and raised $400 million on the promise of a stunning breakthrough in how robots learn.Tech - Wired - November 14 -
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AITech - ABC News - 23 hours ago -
Kim Kardashian cozying up to a robot is another example of AI entering our lives | Arwa Mahdawi
The next time you see dystopian thirst traps, we should be thinking about how these robots are going to be used by the self-proclaimed ‘warrior class’. On a scale of one to 10, just how desperate ...World - The Guardian - 2 hours ago -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - October 31 -
Apple Announces $46 Billion in Global iPhone Sales as AI Helps End Slump
Putting artificial intelligence tech into its flagship product ensured the summer quarter had a positive turnaround.Business - Inc. - November 1 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - November 1 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - November 5 -
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.Business - CNBC - 2 days ago -
That’s the fireworks over for another another year. Phew! | Zoe Williams
Every Guy Fawkes Night excited man-children light up much of Britain with their Intergalactic Megaboxes. And we just trust them not to make a hash of it. Near my house, there are some incredible ...World - The Guardian - November 12 -
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...Business - MarketWatch - November 11 -
Daisy The AI Granny Is Probably This Year’s Best AI
AI use cases matter, and If you’re looking for one to learn from, look no furtherBusiness - Inc. - Yesterday -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - October 27 -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - October 27 -
Beware the AI bureaucrats
It’s not killer robots we should be worried about, but the automated plumbers of the information networkBusiness - Financial Times - October 26 -
AI Slop Is Flooding Medium
The blogging platform Medium is facing an influx of AI-generated content. CEO Tony Stubblebine says it “doesn’t matter” as long as nobody reads it.Tech - Wired - October 28 -
This Is a Glimpse of the Future of AI Robots
Physical Intelligence, a well-funded startup chasing breakthroughs in robotic intelligence, has developed a robot capable of doing various household chores remarkably well.Tech - Wired - October 31 -
How to Navigate the AI Minefield
Watch out for these three AI concerns: ethics, legal and cybersecurityBusiness - Inc. - November 3 -
Trump and the future of AI regulation
New Jersey’s governor Phil Murphy discusses his state’s tech landscape and prospects under Donald Trump’s second presidential termWorld - Financial Times - November 14 -
On board the 18:31 to Aberystwyth as it smashed into another train
"Brace yourselves, we're going to hit another train" - one passenger relives fatal train crash.Top stories - BBC News - October 26 -
Mexico's Perez hits another bump in the road
Sergio Perez's self-proclaimed "terrible" season took another turn for the worse on Saturday.Sports - ESPN - October 27