The pitch for enterprise AI usually starts with the model. Mark Hura, Oracle‘s president of global field operations, wants to flip that. He spoke on stage at the RAISE Summit in Paris. The companies winning with AI, he argued, are not shopping for an A…
Block, the payments company chaired by Jack Dorsey, has agreed to pay $45 million to settle claims from 46 US states that it mishandled fraud on Cash App, its money-transfer and digital-banking app. The settlement is the latest sign that state regulato…
Meta plans to put its own artificial intelligence chip into production in September and is aiming to roughly double the computing capacity across its data centres, Reuters reported on Thursday, citing people familiar with the matter. The chip belongs t…
Revolut has appointed Kuba Fast, the former chief executive of Chase UK, to run Revolut Bank UAB, the Lithuania-based entity that holds the fintech’s European banking licence. The move hands one of the industry’s most closely watched digital lenders a …
Senior design, product, and research leaders with 10 years or more at the company are out, in a restructuring the chief executive calls speed and some staff call cost-cutting. “The design team is a little smaller now,” Edward Mitchell, a Sonos designer…
The recruitment industry, one of the first white-collar businesses that automation was meant to hollow out, is trying to reinvent itself by selling the very thing that threatens it. Facing AI tools that can screen applicants and draft job posts in seco…
A federal judge has approved the Securities and Exchange Commission’s settlement with Elon Musk over his late disclosure of a Twitter stake, closing a case that has run for years. US District Judge Sparkle L. Sooknanan entered the consent judgment on W…
Mistral CEO Arthur Mensch and Mozilla president Mark Surman were making the case for open-source AI’s reliability at RAISE Summit. Then the venue lost power, and their fireside chat finished almost in the dark. It was, in fairness, the perfect cue. Mid…
Asked where his company sits in the AI stack, Jan Oberhauser reached for a car. The models, the n8n founder told a fireside audience at the Raise Summit in Paris this week, are the engine. Everything else, the vehicle, the streets, the rules that let t…
Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $6.6bn valuation it commanded at its $330m Series B in…