Samsung SDS shares surge 21% on KKR’s $820M bond investment
Shares of Samsung SDS rose as much as 21.3% following a significant investment from global private equity firm KKR, which agreed to purchase $820 million in newly issued convertible bonds.…
ASML raises guidance on strong AI-driven chip demand
Chip-machine supplier ASML has raised its guidance due to strong demand for chips used in artificial intelligence applications. This surge is driven by hyperscalers expanding their data centers and infrastructure,…
Notion discusses Custom Agents and AI rebuilds in podcast
Notion AI has unveiled its latest feature, Custom Agents, designed to enhance automation for team tasks by utilizing triggers such as schedules, Slack, and email integrations. This development is the…
Google integrates Rust DNS parser into Pixel phones for enhanced security
Google has integrated a Rust-based Domain Name System (DNS) parser into the modem firmware of its Pixel phones to bolster security, particularly targeting vulnerabilities in low-level firmware code. This initiative…
General Services Administration launches million hours challenge to automate work
The General Services Administration (GSA) is initiating a “million hours challenge” to automate internal tasks using its AI tool USAi, following a nearly 40% reduction in workforce since October 2024.…
Oracle’s AI writes code based on developer intent, says Ellison
Larry Ellison announced that Oracle is utilizing artificial intelligence to write its code, stating that the company’s developers now only need to specify the desired outcomes while AI generates the…
Broadcom extends partnership with Meta to deploy custom silicon through 2029
Broadcom has extended its partnership with Meta to develop multi-gigawatt custom silicon, starting with an initial commitment that exceeds 1GW in the first phase. This collaboration, which focuses on next-generation…
Microsoft proposes charging for AI agents as distinct software seats
Microsoft has introduced a new licensing strategy to adapt to the growing presence of AI agents in the workplace, allowing these agents to purchase software licenses similarly to human employees.…
IMF warns governments to monitor AI threats amid banking concerns
The International Monetary Fund (IMF) has issued a warning to governments about the potential threats posed by artificial intelligence, particularly focusing on Anthropic’s new Mythos models, which banks are currently…
GitLab expands partnership with Google Cloud to integrate Vertex AI models
GitLab is expanding its partnership with Google Cloud by allowing enterprise teams to utilize Vertex AI models, including Gemini, within the GitLab Duo Agent Platform. This enhancement integrates agent-based DevSecOps…