AI Startup Corgi Fundraises Yet Again, At $4 Billion Valuation
IBM cut its full-year sales outlook on Wednesday after reporting a sharp drop in demand for its mainframe business, lowering its revenue growth target to four to five percent from a prior forecast of more than five percent. The company also trimmed its…
OpenAI president Greg Brockman called Moonshot AI’s Kimi K3 “pretty good” in a Bloomberg interview on Tuesday, a rare public acknowledgement from a US frontier lab that a Chinese rival has produced a competitive model. Brockman said it is “too early” t…
Federal agencies have committed more than $5 billion to the Genesis Mission, an Energy Department-led effort to use artificial intelligence to accelerate scientific research, White House science adviser Michael Kratsios announced on Wednesday. The init…
Meta has hired Assaf Keren as its next chief information security officer, filling a vacancy created when Guy Rosen announced his departure in June after 13 years at the company. Keren joins this week from software platform Qualtrics, where he spent tw…
Monday.com is cutting roughly 20 percent of its global workforce, about 620 people, as the Israeli project management company restructures around what it calls its AI Work Platform. The company disclosed the plan in a Form 6-K filed with the US Securit…
Nvidia CEO Jensen Huang raised several points against the rising sentiment in Washington that U.S. firms should be prevented from accessing Chinese AI models. He also advocates for open models, which he says makes AI more secure.
Cisco’s new Antares models are small enough to run on your own machines. And, it claims, they beat Google’s Gemini and rival GPT-class systems at finding bugs. It is releasing them open-weight, though it is vetting who gets access. The pitch from Cisco…
Americans want the AI boom. They just do not want it on their street. A new poll finds most US residents would rather not live near an AI data centre. Yet the same buildings quietly bankroll schools where they cluster. More than half of US residents, 5…
The founder now asking enterprises to trust AI with their laptops once built one of Silicon Valley’s most notorious surveillance tools. Roi Tiger co-created Onavo, the app Meta turned into a scheme to spy on its rivals. His new company, Glow, wants to …