Procore’s AI could read the blueprints. For $845M, it just bought eyes on the site.
Procore’s AI can read a construction project’s paperwork. Now it is paying $845m to give that AI eyes on the actual…
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Technology · 909 articles · page 18 of 26 · fetched 2 minutes ago
Highland Europe closes a €1.1bn fund to keep backing European scale-ups
Highland Europe has closed a €1.1 billion fund, its sixth, giving the growth-stage investor fresh capital to keep…
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IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.
Six days ago, IBM agreed to buy a quantum-computing lab that builds a kind of qubit IBM does not. This week, the lab…
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A House Democrat wants Musk to answer for xAI’s polluting data centres
Frank Pallone is demanding emissions data and a site visit over the gas turbines powering xAI’s Colossus…
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The AI race built faster chips. Now the chips are too fast for their own wires.
For three years, the AI race has been a race for faster chips. Eliyan just became a $1bn company by pointing out that…
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Mark Zuckerberg says billions will have a personal AI agent within five years
Mark Zuckerberg thinks almost everyone will soon have an AI that works for them. On Meta’s second-quarter earnings call…
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OpenAI is building ‘a family of devices,’ Greg Brockman confirms
The president says voice will replace typing and the hardware is coming ‘soon,’ while brushing off Apple’s lawsuit: “we…
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The FTC is suing Hims & Hers for sharing patients’ health data with Meta and Snap
The Federal Trade Commission is suing Hims & Hers, accusing the telehealth company of sharing customers’ sensitive…
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The Ferrari EV everyone mocked has quietly sold out
When Ferrari revealed its first electric car in May, the reaction was brutal enough to knock 6% off the company’s share…
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Revolut partners with OpenAI to bundle ChatGPT Go into its subscriptions
Revolut is handing its customers free access to ChatGPT, the result of a new partnership with OpenAI. The fintech,…
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Blue Owl’s Stack seeks a $5.9bn loan, feeding the AI data-centre debt boom
Stack Infrastructure, the data-centre arm of the private-credit giant Blue Owl, is seeking a loan of about $5.9…
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Meta says its AI is making you spend more time on Instagram
Meta says people are spending more time on Instagram, and it credits its artificial intelligence for the increase.…
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Live-shopping app Whatnot is in talks to nearly double its valuation to $20bn
The startup, which sells everything from sneakers to sports cards over livestream, is raising again barely a year after…
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G2A.COM’s Autonomous AI Agent Dave Helps Sellers Resolve 14,400 Support Tickets in 63 Days
Dave, a New AI-Powered Tool for Sellers, Helps Resolve 54% of Their Cases and Efficiently Manages Demand Spikes During…
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Atlassian puts its engineers on an AI budget as the cost of ‘tokenmaxxing’ bites
The software maker cut thousands of jobs in the name of AI. Now it is handing the engineers who remain capped ‘AI…
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Meta lifts the floor on its AI spending as revenue jumps but cash flow collapses
Meta told investors it will spend even more on artificial intelligence this year, narrowing its capital-expenditure…
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Australia takes Telegram to court over terrorist content it says the app left up
The eSafety regulator has filed civil proceedings seeking up to A$54.6m, alleging Telegram hosted mass-shooting and…
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Aligning the model was never going to govern it
Most AI roadmaps rest on a quiet bet: that the labs will eventually ship a model safe and aligned enough to simply…
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Lava Tokenization Sandbox Gives Electric Blue the Infrastructure for a €500M Rollout in Germany
The energy firm is the first live test case for Lava Network’s tokenization sandbox, which says it has fielded 40-plus…
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The Growing Challenge of Digital Identity Is Shaping IntegraTRACE’s Vision for Enterprise Visibility
Enterprise technology has become significantly more interconnected over the past decade. Cloud platforms, automation,…
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Microsoft’s AI spending became cloud revenue. Meta’s became a cash-flow hole.
Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed…
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Microsoft’s Azure just crossed $100bn a year, and the AI bet mostly paid off
Microsoft went into its earnings facing one question: is the vast AI spending working? The numbers said yes, mostly.…
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OpenAI is giving 100,000 scientists free AI. Here’s how it can afford to.
OpenAI made two announcements this week that look unrelated. One is generous. The other explains how it can afford to…
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She left the AI race over her health. Two days later, OpenAI had her back.
On Tuesday, Lilian Weng said she was stepping down from Thinking Machines Lab because the job was making her ill. On…
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BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm
BMW had two messages for staff this week. It is cutting about 8,000 jobs. And it is handing the brains of its future…
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This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials
Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for…
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OpenAI ‘open-sourced’ its AI security scanner. The scanner is still locked up.
OpenAI has open-sourced an AI tool that hunts for security holes in your code. There is a catch: the part that does the…
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DeepMind won a Nobel for AlphaFold. Then it broke up the team.
Less than a year ago, AlphaFold won Google DeepMind a Nobel Prize. Now DeepMind has taken the team that built it apart.…
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As AI Generates More Messages, Human Recognition Becomes More Valuable
As organizations embrace AI to communicate faster and at greater scale, the companies preserving trust aren’t sending…
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The Verification Imperative in Recruitment’s Trust Crisis
Recruiters used to open a resume to look for a reason to say yes. Now they open it to look for a reason to doubt it.…
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PwC sells advice on using AI responsibly. Its own reports were written by a careless one.
The world’s biggest consultancies are selling companies expensive advice on how to adopt AI without getting burned.…
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Audi bet its future on EVs. Now it’s selling America a V8 with cupholders.
Audi spent years betting its future on electric cars. Its new flagship for America runs on a V8, with big cupholders…
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OpenAI hit its billion-user goal, just seven months late
ChatGPT is about to hit 1 billion weekly active users. OpenAI wanted to be here seven months ago. The chatbot is on the…
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AI agents don’t log in like people. That problem just sold for $1bn.
Every AI agent a company switches on needs an identity to log in and reach data. Enterprises now run millions of them,…
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xAI says the First Amendment protects the right to build ‘nudify’ tools
xAI has a novel argument for why it should get to keep building tools that digitally undress people. The First…
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BuzzFeed bet on AI to save it. It just cut another third of its staff.
BuzzFeed bet on AI to rescue itself. This week it laid off another third of its staff. The bet, it turns out, was never…
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