AI Business·
Enterprises are looking to get the job done, not for a specific brand of AI.
Read full articleU.K. regulators are requiring Google offer a tool allowing website publishers to opt-out of generative AI search features. The option will be tested in the UK then rolled out globally.
At Microsoft's annual Build conference on Tuesday, the company announced a slew of new or expanded AI initiatives, including a super app, in-house reasoning models, a cybersecurity tool, and OpenClaw-esque AI agents. All this news added up to a clear message: Microsoft is positioned to be one of the biggest players in AI, and it's finally acting like it. For years, Microsoft's AI business leaned hard on its early and exclusive partnership with OpenAI. But the drama-filled marriage slowly devolved into a situationship, and the pair effectively separated in late April (though Microsoft is still OpenAI's primary cloud partner - for now). This … Read the full story at The Verge.
All told, global venture funding reached $92 billion in May, marking the second-largest monthly total on record, just behind February, Crunchbase data shows. Of that, Anthropic raised $50 billion, or 54% of the month’s total funding.
Several real estate listings in the San Francisco Bay Area are offering to exchange a home for a piece of the AI startup.
Uber has introduced a $1,500 monthly cap per employee on agentic coding tools — including Anthropic’s Claude Codeand Cursor — after the company exhausted its entire annual AI budget within four months of the year. Employees can track usage through an internal dashboard, with exceptions permitted on a case-by-case basis. The overspend followed an internal culture of encouraging staff […]
With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’ A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is walking back those ideas after failing to make money from ads and erotic chatbots. Meanwhile, rivals are storming ahead with plans to expand and go public on the stock market, in what is widely expected to be a season of record-setting initial public offerings (IPOs). Continue reading...
Even for nonbelievers like me, the pope has become a reassuring – and all too rare – voice of moral clarity Do you remember the early 2000s, when Silicon Valley buzzed with idealism and tech bros told us they were going to save the world? “Don’t be evil” was Google’s unofficial motto; it’s 2004 IPO prospectus declared that doing “good things for the world” was more important than “short term gains”. Mark Zuckerberg similarly wrote in Facebook’s 2012 IPO letter that the social network was “built to accomplish a social mission – to make the world more open and connected”. As was obvious to anyone paying attention, this was all performative bullshit. Nevertheless, it’s hard not to feel nostalgic about that period of time – which came to a definitive end in 2018, with the Cambridge Analytica scandal. By and large, billionaires and CEOs still cared what the hoi polloi thought of them. They were self-aware enough to realize that, even with all their billions, there’s a lot more of us than th
In the face of widespread backlash to the AI data center buildout throughout the US, Google is touting its efforts to minimize the environmental impact by actually increasing water for local communities. The company laid out five commitments around water use in a new blog post published Wednesday, including a goal to replenish more water than it uses at its data centers by 2030. Google also said it will invest in local water infrastructure, identify alternative water sources to power its facilities, and be transparent about its water use overall. "We're just one of dozens of players in the space," Google's global head of infrastructure a … Read the full story at The Verge.
