Author: Advanced AI Bot
In today’s CEO Daily: Diane Brady on IBM’s new Manhattan HQ. The big story: Trump complains Xi is ‘extremely hard to make a deal with’. The markets: Up despite China deal and metals tariffs drama. Analyst notes from Convera, EY, and UBS. Plus: All the news and watercooler chat from Fortune. Good morning. Is IBM cool again? During a NY Tech Week reception last night at IBM’s new Manhattan headquarters, I quietly asked that question to some attendees. One person cited Watson, the early chatbot that famously won Jeopardy! in 2011, as proof of both the company’s pioneering innovation, and its ability…
TikTok is rolling out AI-powered Smart Keyword Filters to allow people to limit content they don’t want to see on their For You page, the company announced on Tuesday. While TikTok already allows users to use keyword filters to restrict specific content from appearing in their feeds, the new Smart Keyword Filters will use AI to additionally limit content that contains similar keywords, such as synonyms. The tool will show you which additional keywords are being filtered in addition to your original one. For example, if you choose to filter out “remodeling,” TikTok will also filter out “renovation” and “renovations.”…
Meta’s deal to help revive an Illinois nuclear power plant was one way of signaling that the parent company of Facebook and Instagram is preparing for a future built with artificial intelligence. Meta’s 20-year deal with Constellation Energy follows similar maneuvers from Amazon, Google and Microsoft, but it will take years before nuclear energy can meet the tech industry’s insatiable demand for new sources of electricity. AI uses vast amounts of energy, much of which comes from burning fossil fuels, which causes climate change. The unexpected popularity of generative AI products over the past few years has disrupted many tech…
Samsung Electronics Co. (SSNLF) is reportedly finalizing a multifaceted deal with Perplexity AI that could reshape its AI and search strategy across future mobile devices. According to people familiar with the talks, the partnership could include preloading Perplexity’s search assistant on upcoming Galaxy phones and embedding its features into Samsung’s browser and Bixby voice assistant. The integration may debut with the Galaxy S26 lineup in early 2026, signaling a major move to diversify beyond Alphabet’s Google ecosystem. Alongside product integration, Samsung is also expected to become a major backer in Perplexity’s upcoming $500 million funding round, which could value the…
Anthropic has given its AI a blog. A week ago, Anthropic quietly launched Claude Explains, a new page on its website that’s generated mostly by the company’s AI model family, Claude. Populated by posts on technical topics related to various Claude use cases (e.g. “Simplify complex codebases with Claude”), the blog is intended to be a showcase of sorts for Claude’s writing abilities. It’s not clear just how much of Claude’s raw writing is making its way into Claude Explains posts. According to a spokesperson, the blog is overseen by Anthropic’s “subject matter experts and editorial teams,” who “enhance” Claude’s…
Boris Roessler/picture alliance via Getty Images Shares of Applied Digital (APLD) surged as much as 54% on Monday. The data-center operator announced a lease deal with Nvidia-backed AI firm CoreWeave. The 15-year agreement is expected to generate $7 billion of revenue for Applied Digital. The move: Applied Digital Corporation stock surged as much as 54% on Monday to an intraday high of $10.54. It closed 48% higher, at $10.14. The chart: Why: Shares of the AI data center operator soared on the announcement of two 15-year lease deals with CoreWeave that will generate $7 billion in revenue for Applied Digital.…
The CEO of a U.K. bank whose employees work a four-day week and have full autonomy over where they do their job isn’t considering following competitors in calling staff back in. Instead, he’s planning for a future where employees may not need to work at all. Atom Bank, which employs 547 people, announced earlier this week that it was moving its headquarters from Durham to Newcastle. It marks the latest workplace move from a challenger financial institution after Wise relocated to the London area of Shoreditch and Revolut unveiled a new global HQ in Canary Wharf. Atom’s new office space,…
(Bloomberg) — Abridge AI Inc., a startup that uses artificial intelligence to transcribe medical conversations, is raising $300 million in a new funding round led by Andreessen Horowitz, according to people familiar with the matter. Most Read from Bloomberg The round values the Pittsburgh-based company at $5.3 billion, including the investment, the people said, asking not to be identified because the information is private. The investment will nearly double Abridge’s valuation from only a few months ago, and underscores the tech industry’s interest in AI software that can make industries like health care more efficient. In February, the company announced…
Venture investors may claim to have 10-year time horizons, but that future tech-scape seems to always have a U.S. bias. I started my tech reporting career at a publication cheekily called Rest of World during the early days of COVID, when the free-money era let VCs plow capital into emerging regions like South and Southeast Asia, Africa, and Latin America in record sums. That trend evaporated when high inflation hit. Though global venture investing has ticked back up, it’s been tilted by massive AI deals, which are almost entirely aimed at U.S. companies. According to an April report from KPMG,…
Think you know which AI beat a human champion in the game of Go? Or which company developed the Transformer architecture that powers many modern language models? This is your moment to shine — and score two tickets for the price of one ($200 value). Answer a few brain-busting questions on artificial intelligence, and if you ace it, you might just find a special promo code waiting in your inbox for 2-for-1 passes to TechCrunch Sessions: AI — happening this Thursday, June 5, at UC Berkeley’s Zellerbach Hall. Every day brings new questions — so don’t get discouraged if you…