Feed Items
Apple has acquired Q.ai, an artificial intelligence startup specializing in “silent” communication technology. Founded in 2022, the Israel-based startup has largely kept its plans under wraps. Patents published last year describe technology for processing facial movements to understand nonvocal ...
Microsoft’s slightly-slowing growth in cloud server rentals cast a pall over its quarterly earnings report on Wednesday, but the company had a salve to numb that sting: It’s generating significant revenue from AI software subscriptions.During its earnings call, CEO Satya Nadella revealed one of the most hotly anticipated figures investors and competitors have been waiting for: it has 15 million...
The U.S. Department of Homeland Security on Wednesday released a new database describing its use of artificial intelligence last year, including how Immigration and Customs Enforcement, an agency within DHS, relied on technology from Palantir and OpenAI.ICE has been a flashpoint around the country after government agents fatally shot two people in Minneapolis, and after other deaths of people in...
The battle for AI dominance in China is reaching new heights. Tech giants ByteDance and Alibaba Group are both poised to release their next flagship AI models around the Lunar New Year holiday in mid-February, in what could be the most consequential battle in the country’s tech sector.
ByteDance is preparing to release three new AI models—a large language model, an image generation model and a...
OpenAI is planning to use eyeball-scanning orbs or Apple’s Face ID to make sure the users of its planned social media app are humans, not computers, according to Forbes. The orb is an iris scanner produced by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman. Verifying the ...
OpenAI is lining up huge checks from some of its biggest tech partners, as it seeks to raise up to $100 billion to fund growing demand for its AI. Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to $30 billion, according to a person with knowledge of the situation.
Microsoft, a longstanding backer with exclusive rights to sell OpenAI models to cloud...
Anaplan, a business-planning software provider owned by private equity firm Thoma Bravo, is taking steps toward an initial public offering and could file confidentially for the listing in the coming weeks, people familiar with the discussions said. The listing would be a sign that IPOs for PE-backed software companies could soon rebound.
This would be Anaplan’s return to the public market after...
Shares of C3.AI closed Wednesday 4% higher, after The Information reported late Tuesday that the company was in talks to merge with privately-owned Automation Anywhere. Automation Anywhere, last valued at $6.8 billion in 2019, develops software for automating repetitive tasks inside ...
If quarterly earnings announcements were a contest, Mark Zuckerberg would have won Wednesday. You might even say investors are coming to terms with Meta Platforms’ you-only-live-once approach to spending on AI. The owner of Facebook and Instagram reported stronger than projected fourth-quarter growth of 24% and projected that revenue growth would accelerate to 30% in the first quarter. Meta hasn’...
Fidelity Investments said it is launching a stablecoin, called Fidelity Digital Dollar, for retail and institutional investors in the coming weeks, becoming the first major brokerage to have its own stablecoin. Fidelity has been an early mover in digital assets among traditional asset ...