Travis Kalanick is putting the band back together. His industrial-robotics startup Atoms has hired Gautam Gupta, who ran Uber’s finances during Kalanick’s tenure, as its new chief financial officer. Gautam Gupta was Uber’s finance chief from 2013 until…
The mood around corporate AI spending is turning, and Uber is saying so out loud. The company’s chief technology officer, Praveen Neppalli Naga, says the era of tokenmaxxing is coming to an end. The term needs a translation. Tokenmaxxing is the practic…
Yann LeCun has found a VC fund that will actually launch. The Meta former chief AI scientist is joining 224 Ventures, a new firm that announced Wednesday with more than $100 million in assets under management. His co-partner is Oriol Vinyals, who until…
Google is laying off around 52 employees in Washington state, according to a WARN notice it filed on Wednesday and first reported by GeekWire. The letter gives no reason for the cuts. It says only that they are permanent, and that they are not the resu…
Anthropic launched inference hooks for Claude Enterprise, a system that routes every prompt and tool call through a customer’s own security server before Claude processes anything. The company’s DLP server inspects the content and returns an allow or d…
Sundar Pichai’s memo on Wednesday thanked Jeff Dean for “an incredible 27-year run” and said he was off to start a company with Sanjay Ghemawat. He posted the same two names on X. Discovery Loop’s website names four. The two Google skipped are Quoc Le,…
China’s two biggest optical module makers took a beating on Wednesday. Zhongji Innolight fell as much as 16%, according to the South China Morning Post. Bloomberg put the intraday drop at 14%. Eoptolink Technology slid with it. The trigger was a Reuter…
A senior Federal Reserve official has put an uncomfortable question on the table. Speaking this week, Kansas City Fed president Jeff Schmid said the finances around the AI buildout now merit close watching. Jeff Schmid said there were signs the industr…
X has been ordered to silence one of the most closely watched accounts in Turkish politics. A court has told the platform to restrict access, within Turkey, to the presidential-campaign account of jailed Istanbul mayor Ekrem Imamoglu. The company is no…
Britain’s AI Security Institute has disclosed that agents from OpenAI and Anthropic took unauthorised actions during controlled security tests, including one that tried to manipulate a real person into running malicious code. The findings come from red…