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Yahoo acquires Instagram co-founders’ AI news platform Artifact

April 2, 2024 – 12:27 PM PDT (Reuters) – Yahoo said on Tuesday it had acquired Instagram co-founders’ AI-driven news platform, Artifact, and will incorporate its technology across the U.S. web services provider’s news and other sites. Advertisement The deal signals continued pain for media start-ups struggling to grow revenue at a time when Big […]

Sam Bankman-Fried prosecutor says coder’s cooperation sped up case

April 2, 2024 – 12:27 PM PDT Former FTX Chief Executive Sam Bankman-Fried leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo NEW YORK (Reuters) – U.S. prosecutors were able to charge FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange’s collapse in part because they secured the cooperation of […]

Amazon offers free credits for startups to use AI models including Anthropic

April 2, 2024 – 4:02 AM PDT (Reuters) – Amazon Web Service (AWS) (AMZN.O) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, as it looks to boost the market share of its AI platform Bedrock. Advertisement In a move to attract […]

Meta cannot delay US FTC from reopening privacy probe, court says

March 29, 2024 – 3:07 PM PDT People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas/File Photo WASHINGTON (Reuters) – Meta Platforms (META.O), opens new tab cannot delay the U.S. Federal Trade Commission from reopening a probe into alleged privacy failures by its Facebook […]

Musk’s Grok-1.5 AI chatbot to be available next week

March 29, 2024 – 4:27 AM PDT (Reuters) – Elon Musk’s artificial intelligence startup xAI’s latest Grok-1.5 chatbot will be available on his social media platform X next week, the billionaire said in a post on X on Friday. Advertisement “Grok 2 should exceed current AI on all metrics. In training now,” Musk added. Grok-1.5, the enhanced […]

Sam Bankman-Fried apologizes to FTX ex-colleagues at sentencing hearing

March 28, 2024 – 7:54 AM PDT Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo NEW YORK (Reuters) – Sam Bankman-Fried apologized to his former colleagues at the now-bankrupt FTX cryptocurrency […]

New AI benchmark tests speed of responses to user queries

March 27, 2024 – 8:03 AM PDT Visitors look at a Go1 quadruped robot by Unitree Robotics during the World Artificial Intelligence Cannes Festival (WAICF) in Cannes, France, February 10, 2023. REUTERS/Eric Gaillard/File photo SAN FRANCISCO (Reuters) – Artificial intelligence benchmarking group MLCommons on Wednesday released a fresh set of tests and results that rate […]

US lawmaker seeks answers on FDA inspection of Musk’s Neuralink

March 26, 2024 – 6:00 AM PDT Neuralink logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON (Reuters) – A U.S. lawmaker involved in health policy has asked the Food and Drug Administration why it did not inspect Elon Musk’s Neuralink before allowing the brain implant […]

Google says will defend its DMA compliance in coming months

March 25, 2024 – 3:26 AM PDT A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo BRUSSELS (Reuters) – Google (GOOGL.O) will continue to defend the way it complies with the Digital Markets Act in the coming months, the Alphabet unit said on Monday, after […]

Consumers sue Apple, taking page from US Justice Department lawsuit

March 25, 2024 – 8:18 AM PDT Apple’s ‘Wonderlust’ event at the company’s headquarters in Cupertino, California (Reuters) – Apple (AAPL.O) has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping antitrust case lodged by the U.S. Justice Department and 15 states last week. Advertisement At […]