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UK AI Security Firm Darktrace Acquired By Private Equity Group

Thoma Bravo agrees to acquire Darktrace for $5.32 billion in cash, delivering some welcome news for founding investor Dr Mike…

20 hours ago

Microsoft Beats Expectations Thanks To AI Investments

Customer adoption of AI services embedded in cloud services continues to deliver results for Microsoft, pushing shares higher

21 hours ago

Meta Declines On Heavy AI Spending Plans, Despite Strong Q1

Share price hit after Meta admits heavy AI spending plans, after posting strong first quarter financial results

2 days ago

Tesla Posts Biggest Revenue Drop Since 2012

Elon Musk firm touts cheaper EV models, as profits slump over 50 percent in the face of falling sales and…

2 days ago

Apple iPhone Q1 Sales In China Fall 19 Percent, Says Counterpoint

Bad news for Tim Cook, as Counterpoint records 19 percent fall in iPhone sales in China during first three months…

2 days ago

UK CMA Seeks Feedback On Microsoft, Amazon AI Partnerships

British regulator invites feedback on major partnerships Microsoft and Amazon have struck with smaller AI firms

3 days ago

Microsoft Launches Smallest AI Model, Phi-3-mini

Lightweight artificial intelligence model launched this week by Microsoft, offering more cost-effective option for Azure customers

3 days ago

Meta Opens Quest VR OS To Third Party Gadget Makers

Meta Platforms opens operating system behind Quest virtual reality headsets to third parties amidst competition from Apple, Sony

4 days ago

Tesla Cuts Prices Across Major Markets

Tesla cuts prices in US, China, Germany, other major markets as it faces intensifying competition, slowing sales

5 days ago

Tesla Recalls Thousands Of Cybertrucks Over Accelerator Fault

Tesla recalls 3,878 Cybertrucks over safety issue that could cause accelerator pedal to become stuck, increasing crash risk

5 days ago

Google Consolidates DeepMind And AI Research Teams

AI push sees Alphabet's Google saying it will consolidate its AI teams in its Research and DeepMind divisions

1 week ago

Creating Deepfake Porn Without Consent To Become A Crime

People who create sexually explicit ‘deepfakes’ of adults will face prosecution under a new law in England and Wales

1 week ago

Google Fires 28 Staff Over Israel Protest, Undertakes More Layoffs

Protest at cloud contract with Israel results in staff firings, in addition to layoffs of unspecified number of employees

1 week ago

EU To Drop Microsoft’s OpenAI Investment Probe – Report

Microsoft to avoid an EU investigation into its $13 billion investment in OpenAI, after EC concluded it is not an…

1 week ago

Tesla To Ask Shareholders To Reinstate Elon Musk’s $56 Billion Package

Tesla shareholders to be asked to reinstate Elon Musk's $56 billion pay package, days after Musk confirmed staff layoffs

1 week ago

Tim Cook Says Apple Considering Factory In Indonesia

CEO Tim Cook during visit to Jakarta says Apple will look into building a manufacturing facility in Indonesia

1 week ago

Tesla Cuts More Than 10 Percent Of Workforce

Tesla lays off more than 10 percent of staff worldwide amidst slower growth, tougher competition from China

2 weeks ago

Deepfakes: More Than Skin Deep Security

As deepfake technology continues to blur the lines between reality and deception, businesses and individuals alike must arm themselves with…

2 weeks ago

Huawei To Sell Laptop With Latest Intel Core Ultra AI Chip

US-sanctioned Huawei to sell MateBook Pro X model powered by latest Intel Core Ultra 9 chip, HarmonyOS, Pangu AI model

2 weeks ago

OpenAI Fires Two Researchers Over Information Leaks

OpenAI fires two researchers for leaking information in first known shake-up since Sam Altman briefly forced out last year

2 weeks ago

OpenAI Chief Altman Pitches ChatGPT At Corporate Events

OpenAI chief executive Sam Altman addresses hundreds of enterprises in San Francisco, New York, London as it seeks revenue growth

2 weeks ago

Apple Nears Production Of AI-Focused M4 Chip

Apple to announce AI features at developer conference in June, followed by M4-powered Macs in late 2024 and throughout next…

2 weeks ago

Elon Musk To Meet India’s Modi Over Import Deal

Tesla chief Elon Musk to meet India prime minister Narendra Modi amidst plans to import EVs and set up manufacturing…

2 weeks ago

UK Regulator Flags Competition Risks Of AI Foundation Models

British competition regulator has “real concerns” regarding AI foundation models controlled by small number of firms

2 weeks ago

Apple Staff At New Jersey Store Seek To Unionise

Union push. Workers at another Apple Store in the United States have reportedly filed for trade union representation

2 weeks ago

Meta Shows Off Next Generation AI Chip

Next generation of Meta's custom AI chip, MTIA, is able to support new generative AI (GenAI) products and services

2 weeks ago

Google Unveils ARM-based AI CPU, Google Axion

Google announced first ARM-based CPU Google Axion, as well as upgraded TPU AI chips, but it won't be selling them…

2 weeks ago

Tesla Settles Lawsuit Over Crash That Killed Apple Engineer

Undisclosed payment from Tesla to settle lawsuit over 2018 crash that involved its Autopilot driving software

2 weeks ago