Tech Giants Pile On $350 Billion in Debt to Power AI Data-Center Buildout
America’s largest tech companies have doubled their borrowings over five years, adding roughly $350 billion of debt to bankroll an...
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Meta pulls Muse Image AI after backlash over use of public Instagram photos and privacy concerns
Meta scrapped its newly launched Muse Image tool after a public outcry over privacy, including criticism from SAG-AFTRA and users...
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AI competition pivots from building the biggest models to cheaper, smarter, model-routing systems
After years of one-upmanship on model size and benchmark scores, the AI contest is shifting to cost, control and where...
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Meta halts Instagram AI image tool after privacy outcry
Meta withdrew an Instagram feature tied to its new Muse Image tool after a backlash over privacy and consent. The...
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Defense AI Gains Momentum as BigBear.ai Secures First EU Approval for AI-Driven Airport Screening
BigBear.ai said its Pangiam Threat Detection platform has received national approval from the Netherlands’ counterterrorism authority following tests by TNO,...
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Meta shares log strongest week since early 2024 as investors rally around its AI roadmap
Meta shares jumped 6% Friday and 15% for the week, marking their best weekly gain since early 2024, after the...
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Palo Alto Networks’ Nikesh Arora says AI token prices need a 90% cut to make enterprise rollouts viable
Palo Alto Networks CEO Nikesh Arora warned that AI token prices must fall by as much as 90% for broad...
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UK Army signs £2bn deal to deploy AI-powered training for modern combat
Britain’s Ministry of Defence has signed a £2 billion, 15-year contract to roll out an AI-enabled training system across the...
Read moreDetailsJPMorgan Tests AI Portfolio Managers That Outrun 60/40 in Simulations
JPMorgan Chase has built experimental AI-driven investing agents that switch between stocks and bonds based on market conditions and, in...
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AI windfalls and SpaceX’s blockbuster IPO turbocharge a private-jet buying and charter boom
A wave of AI-driven wealth and SpaceX’s record $85.7 billion IPO is spilling into private aviation, accelerating purchases and charters...
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