Tesla agrees to acquire AI hardware company for up to $2B
Tesla disclosed in its 10-Q that it agreed to acquire an AI hardware company for up to $2 billion in stock and equity awards, with approximately $1.8 billion contingent on…
Tesla disclosed in its 10-Q that it agreed to acquire an AI hardware company for up to $2 billion in stock and equity awards, with approximately $1.8 billion contingent on…
Researchers at Palo Alto Networks have demonstrated that an autonomous AI system, named Zealot, can effectively hack cloud systems with minimal human oversight. During their tests in a controlled Google…
NVIDIA successfully implemented a full company rollout of Codex, which received positive internal feedback and was described as transformative in enhancing developer productivity. This initiative is part of a broader…
OpenAI has launched GPT-5.5, which is described as the closest advancement to artificial general intelligence (AGI) to date. This model features enhanced capabilities, including the ability to understand complex goals,…
Meta has announced plans to cut 10% of its workforce, resulting in the layoff of approximately 8,000 employees, while also closing an additional 6,000 open roles. This decision aligns with…
Anthropic is actively seeking to fill a six-figure role for a ‘Transaction Principal’ to negotiate data center deals as part of its expansion of AI operations in Europe. As the…
Investor Bill Baruch has acquired shares in Arm, highlighting the company’s recent shift towards AI chips and its partnership with Meta Platforms as key factors in his decision. Arm, which…
Workers are suing the $10 billion AI startup Mercor for allegedly collecting and exposing their personal data. Mercor, known for collaborations with OpenAI, Anthropic, and Meta, disputes these allegations. This…
Taiwan’s 16 major banks are collaborating to develop their own financial AI model to decrease dependence on international platforms that may not align with local regulatory and market needs. This…
Tesla has increased its annual spending plan to over $25 billion as CEO Elon Musk invests heavily in artificial intelligence, robotics, and chips, asserting that these expenditures are ‘well justified’…