AI researchers continue to leave Google for its rivals

Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper.

The memory chip crunch is paying off for this U.S. company

Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

Companies are scrambling to stop employees from maxing out AI budgets with small tasks

The tokenmaxxing era was brief. We now appear to be entering the era of token rationing.

Congresswoman denies staff used AI to write defense funding amendment
Congresswoman denies staff used AI to write defense funding amendment

Rep. Anna Paulina Luna (R-FL) says her staff used AI for “spellcheck” in an amendment summary for a major defense bill, but denies it was used for the bill text itself and says “NO Legislation is ever drafted with AI.” Luna issued the response after accounts on X began sharing screenshots of an amendment summary […]

The $27 million Al proxy war over Alex Bores ends in a draw
The $27 million Al proxy war over Alex Bores ends in a draw

The expensive, $27 million political proxy war between Anthropic and OpenAI came to a draw last night when Alex Bores, a New York state Assemblyman whose popularity surged after being targeted by a pro-AI super PAC, narrowly lost the Democratic primary to represent New York’s 12th Congressional district. Prior to the race, Bores, a former […]

Facebook rolls out an AI companion app for creators

The new app, which is currently being tested with select creators, will have Facebook’s recently launched AI creator assistant built into it.

Accenture Survey Finds AI Investment Surging, But Operating Models Lag

Despite C-suite optimism and more investment, there’s a big gap between AI aspirations and enterprise readiness. The answer? Savvy redesign of core processes and roles.

Agility Robotics plans to go public via SPAC in a $2.5B deal

Agility Robotics, the humanoid robotics startup that spun out of Oregon State University in 2015, expects to generate $620 million in proceeds.

AbbVie’s $11 Billion Immunology Bet

In this week’s edition of InnovationRx, we look at AbbVie’s new megadeal, an agentic AI startup saving Medicare $2 million a week, how new student loan rules could degrade healthcare and more.

Figma adds code layers, support for animations, more AI features in new update

Figma’s update adds a new code layer, support for motion and shaders, and the ability to create custom plug-ins for various tasks using AI.