Author: Advanced AI Editor
Artificial intelligence (AI) titan Nvidia is priced for perfection in an imperfect market. For nearly three years, the rise of artificial intelligence (AI) has dominated discussion on Wall Street. The prospect of AI-empowered software and systems making split-second decisions without the oversight of humans is a game-changer that the analysts at PwC believe can add $15.7 trillion to the global economy by the turn of the decade. No company has been a more direct beneficiary of the evolution of AI than Nvidia (NVDA 1.75%). Since 2023 began, Nvidia has gone from being a tech company of fringe importance to the…
When you buy through links on our articles, Future and its syndication partners may earn a commission.Credit: Andrew Harnik/Getty ImagesSam Altman, OpenAI’s CEO, has been making waves recently after a big speech in Washington. While he first went to work warning about the rise of AI scams, his speech has covered a wide range of concerns.He warned of his vision of an AI-dominated future where entire categories of jobs would be taken over, presidents follow the suggestions of ChatGPT, and AI is used for war and injustice.It’s a pretty bleak image, and possibly one of the darker warnings from inside…
Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line. Annualized revenue reached $2 billion in the first quarter, the company confirmed, more than doubling from a $1 billion rate in the prior period. OpenAI announced a $4 billion credit facility last October. Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line to amp up its liquidity in an ever-expanding — and expensive — competition in the artificial intelligence industry. Anthropic, founded by former OpenAI research executives, launched its Claude chatbot in March 2023. The company closed its latest funding round in March at a $61.5 billion valuation, and…
IBM just posted a solid second quarter with cash generation staying strong, the company has raised its 2025 free cash flow forecast to over $13.5 billion. The update reflects IBM’s confidence in the direction of modernizing its offerings and strengthening its cloud and enterprise tech portfolio. The company delivered a strong second quarter, with GAAP revenue climbing 8% year-over-year to $16.98 billion beating the Street’s forecast of $16.59 billion. The predicted $2.65 was much exceeded by the $2.80 non-GAAP earnings per share. READ: How artificial intelligence is reshaping capital, careers, and company strategy (July 22, 2025) A significant contributor to…
Google announced on Thursday that it’s launching a new AI feature that lets users virtually try on clothes. The tech giant is also rolling out updated price alerts and teased an upcoming feature that will let users explore shoppable outfits and room inspiration using generative imagery. The official launch of the virtual try-on feature comes two months after Google began testing it. The feature works by allowing users to upload a photo of themselves to virtually try on a piece of clothing. The feature is launching in the United States today, letting users try on apparel items in Google’s Shopping…
The UK’s High Court has rejected a final appeal by the Icelandic artist Oddur Eysteinn Friðriksson, known as ODEE. He was trying to retain ownership of a conceptual artwork in the form of a website apologizing on behalf of Iceland’s largest fishing company, Samherji, for its alleged role in the so-called Fishrot scandal.ODEE made the work, titled We’re Sorry, in 2023. It was a fake UK-registered website replicating Samherji’s official website, but with the artwork’s title plastered in large font across the homepage.The Fishrot scandal takes its name from a cache of over 30,000 documents leaked by a former Samherij…
Cohere cofounders Ivan Zhang, Nick Frosst, and Aidan Gomez.Cohere Companies will soon focus on customizing AI solutions for specific needs, Cohere’s CEO says. AI 2.0 will “help fundamentally transform how businesses operate,” he wrote. Major AI companies like OpenAI are also releasing tools for customization. If this was the year companies adopted AI to stay competitive, next year will likely be about customizing AI solutions for their specific needs. “The next phase of development will move beyond generic LLMs towards tuned and highly optimized end-to-end solutions that address the specific objectives of a business,” Aidan Gomez, the CEO and cofounder…
C’est inédit dans le secteur de l’intelligence artificielle (IA). Le 22 juillet, la start-up française Mistral AI a dévoilé publiquement un premier bilan de son impact environnemental. Réalisé avec l’Agence de la transition écologique (Ademe) et le cabinet Carbone 4, ce rapport aborde le cycle de vie de Mistral Large 2, l’un des modèles de langage les plus lourds développés par l’entreprise, dont le but est notamment de comprendre et générer du texte.Pour ce faire, Mistral AI s’est penché sur trois principaux enjeux : les émissions de gaz à effet de serre, la consommation d’eau et l’épuisement des ressources naturelles. Résultat,…
AI startup Anthropic is on the verge of raising $3.5 billion in a funding round that would value the company at approximately $61.5 billion, according to sources. The ambitious round marks a significant milestone for the firm, which is rapidly emerging as a key competitor in the generative AI space, leveraging cutting-edge technologies to rival established players.The funding effort underscores the surging investor appetite for U.S. AI ventures, even as competition intensifies from both domestic and international quarters. Backed by prominent venture firms such as Lightspeed Venture Partners, General Catalyst, and Bessemer Venture Partners, Anthropic’s latest bid surpasses earlier expectations…
Many AI tools can look at a video today and summarize what is going on, but things become a bit tricky when you ask models questions about multiple videos and footage spanning many hours. This is a big limitation for security companies that want to use AI to scrub through thousands of hours of footage from different cameras, as well as marketing companies that want to study different video campaigns and product shoots. Memories.ai wants to tackle that problem with its AI platform that can process up to 10 million hours of video. For companies with a lot of video to…