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Tesla plans to start selling its Optimus humanoid robots to the general public by the end of 2027, CEO Elon Musk said at the World Economic Forum in Davos on Thursday. By then, Musk said Tesla expects the robots to be “high reliability, high safety.” While Musk has promised that the Optimus ...
It seems like every AI researcher these days has lots of ideas around how to combat major shortcomings in the field, such as the “split-brain problem” (in which a model can incorrectly answer a question just because of the way the question is phrased), by developing new models that do “continual learning,” for instance.AI researchers also tell me they’re interested in revamping the model training...
PayPal said Thursday it would acquire the e-commerce startup Cymbio, which makes software that helps brands make their product catalogs available to AI search apps and agents. The deal is aimed at helping PayPal quickly build up more features to help merchants make sales through AI chatbots like ...
Last fall, Apple’s software chief, Craig Federighi, delivered a warm message to a meeting of the company’s combined software and AI groups. Federighi said he was excited about deeper collaboration between his software team and Apple’s AI group.
But then came Federighi’s criticism. He added that he liked moving fast and feeling the “wind at his back,” but in recent years he had felt Apple hadn’t...
Alibaba Group is preparing to take public its chipmaking unit T-Head, taking advantage of strong investor demand for companies developing AI processors to reduce China’s reliance on Nvidia, Bloomberg reported. Alibaba will first restructure the unit as a business partly owned by employees, ...
Anthropic last month projected it would generate a 40% gross profit margin from selling AI to businesses and application developers in 2025, 10 percentage points lower than its earlier optimistic expectations, The Information reported late Wednesday. The lower-than-expected ...
Amazon-owned primary care chain One Medical said it is launching an AI health assistant, a move that comes on the heels of similar healthcare chatbot announcements from Anthropic and OpenAI. One Medical members, who pay an annual fee for virtual and in person health care services, can use the ...
Anthropic last month projected it would generate a 40% gross profit margin from selling AI to businesses and application developers in 2025, according to two people with knowledge of its financials. That margin was 10 percentage points lower than its earlier optimistic expectations, though it’s still a big improvement from the year before.
The lower-than-expected gross profit margin resulted...
Here’s a question: How much are big tech companies cutting back on sending money to shareholders as they ramp up their AI development spending? It’s a good time to ask: On Friday, Oracle is due to pay out its latest quarterly dividend of 50 cents a share. That will amount to $1.4 billion going out the door, which Oracle can ill afford. After all, the software and cloud firm burned through $10...
Apple is developing an AI-powered wearable pin that could be released as early as 2027, according to people with direct knowledge of the matter. The device would position Apple to compete more effectively with OpenAI, which is planning its own AI-powered devices, and Meta Platforms, which is ...