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The InformationValleyCanva Lays Off Workers After AI Rollout Problems Canva is making its first round of job cuts since it was founded in 2013, the Australian Financial Review first reported on Tuesday.
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The InformationValleySynopsys, Cadence Shares Drop 4% on The Information Report Shares of Synopsys and Cadence Design Systems dropped as much as 4% on Tuesday after The Information reported that Anthropic has told investors that it is using its own Claude models for engineering…
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The InformationValleyAMD Projects Rapid Revenue Acceleration Over the Next Year AI server chip designer Advanced Micro Devices said Tuesday that revenue in the current quarter would rise about 66% year over year, or 21 percentage points faster than revenue grew in the third…
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The InformationValleyGoogle Gives Schools More AI Control, But Requires AI for Search Google announced changes to its AI offerings for schools that it said will give administrators more control over the technology—but that also will require those wanting to use its search service to…
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The InformationValleyShopify Stock Falls 7.6% After Company Discloses Profit Margin Drop Due to AI Shopify reported that gross profit margin from its subscriptions business fell, partly as a result of higher spending on AI, sending Shopify stock tumbling 7.6%.
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The InformationValleyUber’s Jill Hazelbaker to Join OpenAI as Chief Corporate Affairs Officer Uber ’s President Jill Hazelbaker is joining OpenAI as its chief corporate affairs officer, filling a role that has been empty since the start of the year.
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The InformationValleyLinkedIn Swapped Out Some OpenAI Models to Keep Its Server Costs Flat The more people use AI features in apps, the more the companies selling those apps have to spend on servers to run them , potentially squeezing their profit margins.
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The InformationValleyBinance Says Hackers Used Bogus Job Interview and AI Tool Binance said a software engineer inadvertently downloaded malicious code onto his work computer to complete an assignment for a job interview, part of the several steps since June that…
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The InformationValleyShould OpenAI Be Afraid of Jensen Huang? News flash: A lot of people in Silicon Valley are afraid of Nvidia CEO Jensen Huang . They have understandable reasons to be fearful, as Leo, Phoebe and I detailed in our story this morning.
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The InformationValleyHow Nvidia Uses Its Soft Power to Influence Customers and Shape Policy Last month, OpenAI Senior Research Scientist Noam Brown posted a link in a company Slack channel to a news story about OpenAI’s changing stance on advanced chip sales to China and asked a blunt…
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The InformationValleyAI Agenda Live: EY Consulting on Bringing AI ROI to your P&L The capabilities AI can bring to companies seem limitless. So do AI token bills, which have skyrocketed, pressuring CFOs and boards to show that such spending can actually boost revenue or profits.
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The InformationValleyAnthropic Touts Claude’s Chip Design Skills to IPO Investors Anthropic’s AI models have helped uncover serious cyber vulnerabilities and transform the software coding profession.
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The InformationValleyChina Signals Plans for Broad AI Safety Guardrails China’s top economic planner said on Tuesday that the country will closely monitor the impact of AI on employment, as Beijing moves to establish safety standards and ethical guidelines covering “the…
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The InformationValleyNvidia Tells Cloud Clients to Take on Less China Business Nvidia has recently told some cloud computing customers to reduce their exposure to Chinese companies, according to three people familiar with the matter, potentially narrowing a key route for…
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The InformationValleyAI Models Are Getting Harder to Monitor, Says U.K. Government’s Joseph Bloom The ability to monitor AI models to detect what they’re trying to do and why is widely considered a crucial part of the effort to keep the technology operating safely.
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The InformationValleyHow Smugglers Get Expensive Memory Chips to China from South Korea For an illustration of how porous U.S. restrictions on the shipment of AI chips to China can be, consider a technique that has begun to catch on among smugglers involving a key type of memory chip.
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The InformationValleyApple’s Slowdown Apple’s new CEO, John Ternus, has learned from the best. The script for his first earnings call on Monday was so full of marketing palaver about Apple products, and so lacking in information, that…
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The InformationValleyOpenAI Hires Ex-Army Secretary As Senior Advisor Former U.S. Army Secretary Dan Driscoll is joining OpenAI to help expand the use of the AI company’s technology in national defense and other military applications.
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The InformationValleyExclusive: Salesforce Acquires Startup Cresta for $2.7 Billion Salesforce extended its recent shopping spree, announcing on Monday plans to acquire Cresta, a nine-year-old provider of AI-powered contact center automation software.
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The InformationValleyApple Sales Cool In Apple’s first earnings under new chief executive John Ternus, the company reported sales growth slowed in its fiscal fourth quarter.
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