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…
The glamorous part of AI is the models. The expensive, unglamorous part is getting them the right data. A startup just raised $40 million betting that job is the next big enterprise layer. DataBahn, a Texas company founded in 2023, has closed a $40 mil…
Oracle has just put its cloud rival’s AI at the heart of the software its customers run their businesses on. Investors cheered. The company said on Thursday it is expanding its Google Cloud partnership to bring Gemini into Oracle’s enterprise applicati…
Intel is quietly handing one of its crown jewels to a tiny, stealthy startup. And that startup is run by a longtime business partner of Intel’s own chief executive. The chipmaker is giving RosaicLabs access to its Atom processor technology, according t…
Amazon is winding down most of its flagship Nova AI models. It is betting what remains on a single, bigger effort to build one genuinely competitive foundation model. The move gives shape to a retreat that until now looked mostly like closed offices an…
Amazon has found that artificial intelligence can turn a trivial mistake into a seven-figure one. The company’s own internal metrics show projects running wildly over budget, including one that burned $1.8m before anyone noticed. Senior engineers calle…
Google DeepMind wants one AI brain to run every robot, and it just taught that brain to use its whole body. It has released Gemini Robotics 2, a family of models that can control a humanoid from its feet to its fingertips. The system can also coordinat…
A year after its founder left for Meta, Scale AI has a new boss. The choice says a lot about where the company is heading. It has named Francis deSouza, a veteran enterprise-cloud executive, as chief executive. deSouza starts on 10 August, Scale announ…
ByteDance is quietly winning a race in China that most people are watching in America. The company behind TikTok now makes about $4bn a year from artificial intelligence. That is the largest figure any Chinese firm has publicly claimed, the South China…
The AI cloud is heading into the vault. CoreWeave rents high-end GPUs to the biggest AI labs. Now it wants to run that same cloud inside the sealed facilities where America keeps its secrets, with the contractor Leidos as its guide. The two companies a…