Waymo’s robotaxis had a rough Fourth of July. In San Francisco they ran out of charge, snarled traffic for hours, and one drove over a lit firework and caught fire. Over the holiday weekend, driverless Waymo cars became the story instead of the technol…
Microsoft has begun replacing OpenAI and Anthropic models with its own AI in some product features, Bloomberg reports. The shift routes selected tasks to Microsoft’s in-house MAI models where cost or data residency favours them. The change is increment…
SpaceX just joined the Nasdaq 100. On the same day, one Wall Street analyst put a $10.5 trillion price tag on it. A famed investor put the odds of a crash at 90 per cent. SpaceX has plenty of admirers on Wall Street. None goes further than Raymond Jame…
Artificial intelligence has dramatically accelerated software development, with coding agents now capable of producing large volumes of production-ready code in minutes. Yet while writing software has become faster, ensuring that software behaves corre…
Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at $1.2 billion. Norm Ai has raised $120 million in a Series C round that values the New York startup at $1.2 billion, Bloomberg fi…
Europe’s banking regulator has a new fear: an AI model clever enough to break into the financial system. It wants every big bank to have a plan by October. The European Central Bank has a warning for the euro area’s largest banks. Frontier AI now poses…
Claude Cowork now runs on web and mobile too, so your AI tasks keep going even after you close your laptop.
China’s open AI models have been a gift to developers everywhere. Now Beijing may pull them back in. Chinese officials have discussed limiting who outside the country can use the nation’s best AI models, Reuters reports. The Ministry of Commerce ran th…
Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced….
For years, electricity costs at the Belden Brick Company in Sugarcreek, Ohio, barely moved. Last year they jumped by 90%, driven largely by the data centres multiplying across the region to feed the AI boom. The 141-year-old manufacturer, whose bricks …