Snap had a good quarter, and the market treated it like a rescue. The shares jumped after hours, up as much as 13%, once the company beat estimates. The catch is where that rally begins: a stock near its all-time lows, down about 37% this year. The hea…
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…
OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and called it greenwashing. The event, branded “Summer Cam…
TikTok has a consistent answer to the lawsuits accusing it of harming children: settle, quietly, before a jury sees the evidence. On Monday it did so again. The company has agreed to settle three cases it was scheduled to fight in October, Reuters repo…
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…
The Trump administration wants Chinese hardware out of American data centres. Officials are drafting a ban on Chinese-made devices used in data centres, according to Reuters, the latest move to wall off the infrastructure behind the US AI buildout from…
People tell the AI boom as a story about chips and models. Underneath it is metal. Every data centre, chip, power line and robot starts with copper and a handful of other minerals. The United States has quietly lost control of where they come from. A t…
Everyone has been asking what the trillion-dollar AI buildout is actually for. A senior Google DeepMind executive has now given an unusually blunt answer. The spending, he says, is a bet on machines that improve themselves. Jasjeet Sekhon, DeepMind’s c…
The most valuable workers in technology cannot be kept, whatever the price. That is the uncomfortable admission running through the AI industry this week, as elite researchers keep hopping between labs that have offered them almost everything money can…