Accel is a venture capital firm. It gives money to startups early, usually before anyone else has, and takes a stake in return. It has done this since 1983, and it wrote the first institutional cheque into Atlassian, CrowdStrike, Flipkart and Slack. On…
Nebius rents out computing power. It buys Nvidia chips, puts them in data centres, and charges companies to train and run AI models on them. The trade calls this a neocloud. It is based in Amsterdam, listed on Nasdaq, and was spun out of the Russian in…
Government software is usually bought by asking several companies to bid. A department writes down what it needs, suppliers compete, and the file records why the winner won. A memo drafted inside the US Defense Department on 4 August did something diff…
Renting an Nvidia H100 for an hour costs whatever your supplier says it costs. There is no published price. Two companies buying identical capacity can pay very different rates, and neither of them will know. That changes on 5 October. CME Group, the e…
Elon Musk expects xAI to increase its nameplate power draw to 10 GW by late 2027, which will increase its performance by orders of magnitude what is available to AI today.
Cerebras keeps growing, but misses forecast as hardware sales dip amid explosive increase of AI cloud revenue.
When we set out to talk to kids about artificial intelligence, we thought we knew what we’d hear. We expected some to tell us they were using it to cheat a little, the way Millennials and Gen Xers opened up CliffsNotes or programmed formulas into their TI-82s, and others to share inspiring ways they were…
Taiwan says it spent part of last month fending off a hacking campaign that leaned on artificial intelligence to do the heavy lifting. The island’s Ministry of Digital Affairs, through its National Institute of Cyber Security, disclosed that government…
Interior design creator Cliff Tan has apologised to his 2.4 million YouTube subscribers for a paid advertisement for Dreamina, ByteDance’s AI creative tool. It is the second creator apology in a week, after Hank Green walked back his use of ChatGPT for…
Business and technology leaders need no convincing that the time of agentic AI is here. Organizations are rapidly adopting agents, and few executives doubt the technology’s potential to transform work. But many organizations find that realizing the desired return on investment (ROI) from AI hinges on having the right foundation, with inadequate infrastructure and data…