China has spent the past year telling the world that AI should be open, cheap and shared. In private, its officials are unnerved by one American model that is none of those things. Beijing is growing anxious that Anthropic’s Mythos could be turned agai…
This report examines R&D waste and how AI adoption has outpaced the intelligence needed to make consequential decisions well.What Attendees will LearnWhere R&D budget is lost. More than a third of organizations spend 25 to 40 percent of their R&D budg…
Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth on Tuesday with money from Greenoaks, Benchmark and …
Bending Spoons has agreed to buy Airtable for $1.285bn. Its chief executive is selling the deal as a long-term bet. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,” said Luca Ferrari, the Italian company…
The software industry runs on a shared list of known bugs. Someone is now seeding that list with breakage that no one ever found. Security firm JFrog found six critical SQLite flaws that were pure fiction, it reported. The advisories claimed severe mem…
A new company wants to be the one that pays for everyone else’s AI chips. Volta Infra Holdings has raised $300m in venture funding and lined up a further $5bn in financing to help a broader range of tech firms afford Nvidia’s costly hardware, in a roun…
The bottleneck in AI is no longer chips. It is power, and the scramble to secure it is sending data-centre builders to the banks for billions in financing commitments, Bloomberg reports.The shift is a big one. For much of the AI boom the scarce resourc…
A new investigation suggests today’s biggest AI chatbots can still generate convincing fake news articles with ChatGPT emerging as the easiest to manipulate.
The Big Four built its fortune on armies of junior consultants and accountants. PwC has started hiring fewer of them. Its US boss says that is the future, and he is comfortable with it. Paul Griggs, PwC’s US senior partner and chief executive, told Bus…
Before Congress writes a single rule for artificial intelligence, it has already picked a supplier. In the year to the end of March, House offices spent nine of every ten visible AI dollars on one product: OpenAI’s ChatGPT. The figures come from a CNBC…