AI and software research firm looking for a real-life pirate — extremely remote lob listing requires nautical and diving experience
A London-based AI for spare parts startup has raised $11m in new funding, as it targets US expansion. Intropy has raised a seed round from lead investor Felix Capital, with participation from Quiet Ca…
Stack Infrastructure, the data-centre arm of the private-credit giant Blue Owl, is seeking a loan of about $5.9 billion, Bloomberg reported. The deal, if it closes, would rank among the larger single financings in a market that has become the engine ro…
Dave, a New AI-Powered Tool for Sellers, Helps Resolve 54% of Their Cases and Efficiently Manages Demand Spikes During AAA Game Launches. Now available in 180 countries, it has reduced the number of tickets submitted to Seller’s Support teams by 30%. G…
The software maker cut thousands of jobs in the name of AI. Now it is handing the engineers who remain capped ‘AI wallets,’ a sign the industry’s token spending has become a line item to manage. Atlassian has started giving its engineers a fixed monthl…
OpenAI president Greg Brockman confirms the company is building a family of devices for ChatGPT, staying quiet on release dates, specs, and how the Apple lawsuit factors in.
Most AI roadmaps rest on a quiet bet: that the labs will eventually ship a model safe and aligned enough to simply trust in production. Better training, better guardrails, one more version, and the thing behaves. Here is the flaw in that bet. Even a pe…
Enterprise technology has become significantly more interconnected over the past decade. Cloud platforms, automation, artificial intelligence, and software integrations have allowed organizations to operate with greater speed and flexibility, but they …
Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed up as a hole in its cash flow. Meta’s revenue rose 28% to $60.8bn, beating forecasts, CNBC reported. But profit fell 14% to $15.8bn,…
Microsoft went into its earnings facing one question: is the vast AI spending working? The numbers said yes, mostly. Revenue rose 18% to $90bn for the quarter to 30 June, and net income climbed 31% to $35.8bn, the company reported. Microsoft Cloud brou…