A shiny new VC firm named the AI pioneer as a partner on Friday morning. By Friday night, the fund did not exist. Yann LeCun has had a busy year. Now he has had a strange one. On Friday, a new venture firm called Extelligence Invest named the man often…
Xi Jinping will attend the opening ceremony of the 2026 World Artificial Intelligence Conference in Shanghai and deliver a keynote speech, a Chinese foreign ministry spokesperson announced on Monday. It is the first time China’s leader has appeared at …
South Korea will draw up record budget spending of more than 800 trillion won ($530.97bn) for fiscal 2027, supported by stronger tax revenues from the booming AI chip industry, the government said on Monday. It is the clearest sign yet that Seoul inten…
Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition targets in AI and cybersecurity, chief executive K Krithivasan said. The move is India’s largest IT firm answering the question …
The AI build-out has done something the fossil-fuel industry could not do for itself. It has set off the largest-ever construction boom in natural gas-fired power plants, the Associated Press reports. Aging coal plants are being kept alive past their r…
The founder of China’s most prominent AI lab has made an unambiguous case for openness. Frontier AI should stay broadly accessible rather than controlled by a select few, Zhipu’s Tang Jie wrote in an internal memo reviewed by Bloomberg. His argument in…
Meta has had a miserable year on the market, flat while the Nasdaq-100 climbed 18%. That changed abruptly, with the stock posting its best week since early 2024, CNBC reports. Shares rose about 6% on Friday and roughly 15% across the week. The move was…
For years the industry ran on one assumption, that the biggest model wins. That belief is now breaking down, CNBC reports. Companies are choosing models by task, cost, and control instead of benchmark position. The frontier still matters, but it is no …
Executives building the AI boom are unwavering. Demand is effectively bottomless, they say, even as the stocks that ride on it wobble, CNBC reports. Pat Gelsinger, the former Intel chief now at Playground Global, put it plainly. He thinks of AI demand …
An idea that sounded radical a year ago is now a majority position. Nearly seven in ten Americans support forcing AI companies to transfer half their stock to a public sovereign wealth fund, CNBC reports. The figure comes from a Verasight survey of 1,6…