investing

Imagine a tech company so visionary that it can take an idea public. A “concept IPO,” they called it.Picture the three founders, all former Apple employees, two of whom—software engineers Andy Hertzfeld and Bill Atkinson—were already…

SenseTime, a Chinese AI company best known for its facial recognition technology, released a new open source model on Tuesday that it claims can both generate and interpret images far faster than top models developed by US competitors.…

I’ve used ChatGPT to help me build a budget before, and it was genuinely helpful. After I input my monthly salary as well as my standard utilities and recurring expenses, the chatbot drafted a few solid options, and I tweaked them into…

On Tuesday, the nonprofit Consumer Federation of America filed a lawsuit against Meta, alleging that the way the social networking giant handles scammers on its platforms violates Washington, DC’s consumer protection laws.While many online…

“There's no blocker for your creativity anymore,” says Vermeeren, who is now also investing in Schematik. “That's why I'm so excited about it and building stuff constantly.”He’s not the only one. On Thursday, Anthropic engineer Felix…

Elon Musk’s lawsuit against Sam Altman will head to trial this month in an Oakland, California, federal courtroom, where nine jurors will settle a years-long dispute between the cofounders of OpenAI over the group’s founding mission. While…

The UK government has launched a venture fund for investing in domestic AI startups, part of a bid to minimize the country’s dependence on foreign-made technology.The fund, Sovereign AI, will invest roughly $675 million in homegrown…

Governments around the world have been struggling to address the rise of industrial-scale scamming operations based in countries like Laos, Myanmar, and Cambodia that have cost victims billions of dollars over the past few years. The…

Meta on Wednesday announced its first major model since CEO Mark Zuckerberg rebooted the company’s AI efforts last year under a new division called Meta Intelligence Labs. The model, called Muse Spark, is a step toward Zuckerberg’s vision…

“Grid growth can't match AI demand, so a pragmatic 'all-of-the-above' strategy is essential—with gas as a critical bridge,” Cully Cavness, the cofounder and president of Crusoe, told WIRED in a statement. “This isn't the destination; it's…