Category AI News

Meta Pauses AI Hiring After Poaching Spree

Meta has implemented a hiring freeze for its AI division following a recent spree of poaching talent from other companies. It is uncertain how long the pause will last as the company continues to navigate through its reorganization, which includes splitting the AI unit. The decision could impact Meta's AI development and innovation efforts in the short term.

Google’s AI Mode Goes Global with New Features

Google has expanded its AI Mode to 180 new countries in English, introducing new agentic features as part of the global rollout. This move aims to enhance user experience and accessibility to AI technology worldwide.

Anthropic in Talks to Raise Up to $10 Billion in New Funding

Anthropic is close to securing up to $10 billion in a new funding round, surpassing initial expectations and becoming one of the largest megarounds in history. The deal is expected to significantly boost the company's resources for expansion and innovation in the tech industry.

MIT Report Uncovers Hidden Success in Corporate AI Landscape

Contrary to popular belief, a new MIT report shows that while 95% of corporate AI pilots may fail, 90% of workers are actually thriving with personal AI tools, leading to a significant productivity surge. This 'shadow AI economy' is quietly driving success amidst the perceived failure in the AI industry.

OpenAI CEO Warns of AI Bubble, Prepares for Potential Fallout

OpenAI CEO Sam Altman acknowledges the possibility of an AI bubble bursting while aiming to raise funds at a whopping $500 billion valuation. Altman anticipates that someone will suffer significant financial losses amidst the current hype around AI technology, signaling a cautious approach to the market's volatility.

Meta Platforms Signs $10 Billion Google Cloud Computing Deal Amid AI Race

Meta Platforms Inc. has inked a deal valued at least $10 billion with Google for cloud computing services, as part of the ongoing competition in artificial intelligence technology. The agreement will see Meta leveraging Google's cloud infrastructure to support its operations and enhance its AI capabilities, signaling a significant move in the tech industry landscape.

Meta Hires Apple AI Executive Amidst Hiring Slowdown Plans

Meta Platforms Inc. is recruiting a top Apple Inc. artificial intelligence executive, despite intentions to reduce hiring efforts. The move highlights Meta's focus on strengthening its AI capabilities amidst a planned slowdown in recruitment. The hiring of Frank Chu signals Meta's commitment to advancing its technology and remaining competitive in the industry.

OpenAI Expands Presence in India with New Delhi Office

OpenAI is ramping up its presence in India by opening a new office in New Delhi and beginning to hire locally in the booming South Asian tech market. The move signifies the organization's commitment to expanding its footprint and tapping into the talent pool in India's tech sector.

Eight Sleep secures $100M for AI-driven sleep technology expansion

Sleep tech company Eight Sleep raises $100 million from investors including HSG, Valor Equity Partners, Founders Fund, and Y Combinator, as well as notable figures from the F1 world like Charles Leclerc and Zak Brown. The funding aims to support the company's growth in integrating artificial intelligence into their products for improved sleep quality.