Goldman Sachs economists say both bulls and bears exaggerate the impact of AI capital expenditure on the US economy, with AI spending adding only modestly to GDP growth and crowding-out effects modera…
OpenAI's AI policy advisor Dean Ball, who previously served in the Trump administration, is reportedly no longer trusted by White House officials, straining the company's relationship with the adminis…
At the US Army's Project Convergence Capstone exercise at Fort Irwin, California, soldiers testing the prototype Next Generation Command and Control system (NGC2) said they still rely on physical pape…
Meta founder Mark Zuckerberg's 6,500-word manifesto 'The Future is for Everyone' promises AI will free up time for personal pursuits, but Meta CTO Andrew Bosworth told employees during a Q&A last mont…
Grindr CEO George Arison said in a shareholder letter that AI has increased engineering output by 2.5 to 3.5 times, equivalent to the work of roughly 200 additional engineers and $60 million in annual…
Meta CTO Andrew Bosworth berated an employee during a July Q&A for asking whether AI productivity gains could revive the company's cancelled 'Meta Days' holiday program, saying he hopes extra time is …
RBC Capital Markets has built an interactive tool to help companies and investors decide whether to build or buy business software, concluding that building is usually more expensive than buying, espe…
Meta Platforms Inc. chief technology officer Andrew Bosworth told employees during a Q&A that productivity gains from artificial intelligence should be used to build more products rather than restore …
A July 10 audit by the Los Angeles Police Department Office of the Inspector General found that the department's automated license plate reader (ALPR) cameras generated 161 false stolen-vehicle alerts…
Kevin O'Leary, the "Shark Tank" investor, admitted in an MS NOW interview released Thursday that he and his team "really screwed this up" by failing to properly communicate plans for the Stratos data …
Cloudflare launched Kitesurf, a cloud-hosted browser designed exclusively for AI agents, on 7 August, stripping out human-facing features and using up to seven times less memory than Chromium. Days ea…
Nissan Motor Co. has deployed AI-powered cameras at its Canton, Mississippi, assembly plant that monitor how workers bend, walk, and build cars, contributing to about $34 million in safety and health-…
Meta CTO Andrew Bosworth told employees during an internal townhall that AI productivity gains should be reinvested into building more products for the company's billions of users, not taken as extra …
Robot dogs with AI cameras are replacing human security guards in the US, cutting costs by $80,000 to $130,000 per year per 24/7 shift, according to Business Insider. Asylon CEO Damon Henry has deploy…
Atlassian reported fiscal Q4 revenue of $1.8 billion, up 28% year over year, and said customers adopting AI added teams and users to Jira and Confluence. CEO Mike Cannon-Brookes predicted developer hi…
Anthropic confirmed it is designing its own custom silicon to power its Claude models, hiring a 'custom silicon team' including a senior engineer with semiconductor experience. The company will mainta…
Anthropic confirmed it is building an in-house silicon team to design custom AI chips for Claude, making it the last major frontier AI lab to commit to custom silicon. The company is hiring senior chi…
Jack Ma's private equity firm Yunfeng Capital secretly led a $30 million funding round in Corgi, an AI business insurance startup and Y Combinator summer 2024 cohort member, valuing it at $4 billion, …
Google is in talks on a deal worth more than $1.5 billion with Mechanize, a San Francisco AI training startup founded by Tamay Besiroglu, Matthew Barnett, and Ege Erdil, according to Business Insider.…
Anthropic, the developer of the Claude AI model, is building a team to design its own custom AI chips for inference, following Google, Meta, Amazon, and OpenAI. The company will take a 'multi-chip' ap…