Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while making the most of available resources is emerging as a way to capture growth. For instance, Amazon is equipping its...
Today’s increasingly digitized business-to-business (B2B) tech stack has transformed the way companies do business. At the same time, it is also transforming the way companies get business. That’s because, with the news last week (June 27) that accounts payable (AP) management firm Medius has introduced a...
As tech giants worldwide scramble to dominate the artificial intelligence (AI) chip market, South Korea’s SK Hynix is making a $74.6 billion wager that could redefine the semiconductor industry — and perhaps the future of computing itself. The company reportedly said it will spend the...
Trading platform Robinhood is acquiring artificial intelligence (AI) research service Pluto Capital. The purchase, as Bloomberg News reported Monday (July 1) is designed to offer Robinhood’s users more tailored investment strategies and analysis with the help of Pluto’s AI-driven personalized advice and real-time analytics. “They...
As artificial intelligence systems grow increasingly powerful and ubiquitous, a critical challenge has emerged: ensuring these systems behave in beneficial ways that align with human values. This challenge, known as “AI alignment,” has become a focal point for researchers, tech companies and policymakers grappling with...
MIT robotics professor and iRobot co-founder Rodney Brooks thinks artificial intelligence (AI) is impressive. Just not as impressive as many of its proponents have argued, Brooks told TechCrunch in an interview published Saturday (June 29). “I’m not saying LLMs are not important, but we have...
Artificial intelligence (AI) may cut costs, but financial services companies have reportedly been slow to embrace it. That’s according to a report Sunday (June 30) by the Financial Times (FT), which said that regulatory concerns and worries about job losses have kept banks from adopting...
Amazon has reportedly hired executives from Adept AI for its artificial general intelligence (AGI) project. David Luan, Adept’s co-founder and CEO, is set to join Amazon’s AGI autonomy team, Bloomberg News reported Friday (June 28), citing an internal memo. The report said four other Adept...
In a world where artificial intelligence (AI) can beat chess grandmasters and drive cars, researchers may face their toughest challenge: teaching machines to tell a good joke. As AI systems grow increasingly sophisticated, tackling everything from medical diagnoses to autonomous vehicles, a new frontier has...
