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Alibaba launches new open-source AI model for ‘cost-effective AI agents’

Alibaba launches new open-source AI model for ‘cost-effective AI agents’

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba Cloud launched Thursday its latest AI model in its “Qwen series,” as large language model competition in China continues to heat up following the “DeepSeek moment.” The new “Qwen2.5-Omni-7B” is a multimodal model, which […]

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Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs despite DOGE role

Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs despite DOGE role

U.S. President Donald Trump speaks to the media in the Oval Office at the White House in Washington, D.C., U.S., March 26, 2025.  Evelyn Hockstein | Reuters After President Donald Trump said on Wednesday he would impose 25% tariffs on “all cars that are not made in the United States,” he said his key advisor,

Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs despite DOGE role Read More »

Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global

Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global

From left, Playground Global partners Peter Barrett, Pat Gelsinger, Jory Bell, Bruce Leak and Ben Kim. Playground Global After a tumultuous four years running Intel, Pat Gelsinger is going into venture capital. Gelsinger, who was ousted by the chipmaker in December, has joined Playground Global as a general partner. Started in 2015 by a group

Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global Read More »

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Vin Gupta, then-chief medical officer at Amazon Pharmacy, speaks during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington, on Oct. 18, 2023. Jason Redmond | Afp | Getty Images Amazon has lost the chief medical officer of its pharmacy division after five years at

Amazon Pharmacy medical chief Gupta is latest health exec to leave company Read More »

Utah governor signs online child safety law requiring Apple, Google to verify user ages

Utah governor signs online child safety law requiring Apple, Google to verify user ages

Utah Gov. Spencer Cox on Wednesday signed a bill that requires Apple and Google’s mobile app stores to verify user ages and require parental permission for those under 18 to use certain apps, the governor’s spokesperson told CNBC. The law is the first of its kind in the nation and represents a significant shift in

Utah governor signs online child safety law requiring Apple, Google to verify user ages Read More »

The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO

The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO

With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent “GPU clouds,” a status it hopes investors will value when it debuts on the public markets. But the world of artificial intelligence hardware is moving so quickly that it raises questions about how long those chips will remain on the cutting

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OpenAI expects revenue will triple to .7 billion this year, source says

OpenAI expects revenue will triple to $12.7 billion this year, source says

OpenAI CEO Sam Altman speaks at a panel discussion on potentials, perspectives and challenges in the age of Artificial Intelligence (AI) at the Technical University (TU) in Berlin on February 7, 2025.  John Macdougall | Afp | Getty Images OpenAI expects revenue will triple to $12.7 billion in 2025, a source familiar with the situation

OpenAI expects revenue will triple to $12.7 billion this year, source says Read More »

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities Read More »

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon, in an effort to infuse generative artificial intelligence across a wider swath of its e-commerce universe, recently began testing a shopping assistant and a health-focused chatbot with a subset of users.

Amazon is testing shopping, health assistants as it pushes deeper into generative AI Read More »

Google quantum exec says tech is ‘5 years out from a real breakout’

Google quantum exec says tech is ‘5 years out from a real breakout’

A handout picture from October 2019 shows Sundar Pichai with one of Google’s Quantum Computers in the Santa Barbara lab, California, U.S. Picture taken in October 2019. Google/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. Handout . | Reuters One of Google’s top executives working on quantum computers said he believe

Google quantum exec says tech is ‘5 years out from a real breakout’ Read More »

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