Author: Advanced AI Editor

Cheng Xin / Getty Images Meta shares are up nearly 20% since the start of the year entering Thursday Meta on Thursday said it is taking legal action to a company using AI technology to create nonconsensual sexual images of people. Joy Timeline Limited, based in Hong Kong, has allegedly circumvented Meta’s ad review process to advertise its “nudify” app CrushAI. A previous report from investigative tech outlet 404 Media estimated that 90% of CrushAI’s traffic came from ads on Meta’s services like Instagram. Meta Platforms (META) on Thursday announced a lawsuit against a Hong Kong-based company that has managed…

Meta (META) is making a $14.3 billion investment in artificial intelligence company Scale (SCAI.PVT) and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The deal announced Thursday reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces tough competition from rivals such as Google (GOOG, GOOGL) and OpenAI (OPAI.PVT). Meta announced what it called a “strategic partnership and investment” with Scale late Thursday. Scale said the $14.3 billion investment puts its market value at over $29 billion. Scale said it…

Creative software maker Adobe (NASDAQ:ADBE) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 10.6% year on year to $5.87 billion. Guidance for next quarter’s revenue was better than expected at $5.9 billion at the midpoint, 0.7% above analysts’ estimates. Its non-GAAP profit of $5.06 per share was 1.7% above analysts’ consensus estimates. Is now the time to buy ADBE? Find out in our full research report (it’s free). Revenue: $5.87 billion vs analyst estimates of $5.79 billion (10.6% year-on-year growth, 1.5% beat) Adjusted EPS: $5.06 vs analyst estimates of $4.97 (1.7% beat) The company slightly lifted its…

International Business Machines Corporation (NYSE:IBM) is one of the best Dow stocks to invest in. On June 10, the company revealed that it’s working on a large-scale, fault-tolerant quantum computer named Quantum Starling as part of its broader quantum roadmap. A key component of this effort is the upcoming IBM Quantum Nighthawk processor, which is expected to launch later this year, according to a company blog post. IBM Reveals Quantum Chip, Eyes 2029 Starling Supercomputer Launch Like several other tech giants and well-funded startups, International Business Machines Corporation (NYSE:IBM) is racing to advance quantum computing. The core challenge they all face…

Bloomberg / Contributor / Getty Images Jefferies analysts said Adobe’s results showed “ongoing AI progress,” but “maybe not enough to appease bears.” Adobe shares slumped Friday, as the design software developer failed to impress with its quarterly results, despite topping Wall Street estimates. Several Wall Street analysts indicated Adobe’s results didn’t suggest enough progress with its own AI offerings to ease worries it could be held back by growing competition and AI disruption. Deutsche Bank said it expects the stock “to remain range-bound until the company demonstrates more tangible success from AI.” Adobe (ADBE) shares slumped Friday, as the design…

Google’s AI Overviews are “hallucinating” false information and drawing clicks away from accurate sources, experts warned The Times of London late last week. Google introduced its AI Overviews, a feature that aims to provide quick answers to search queries, in May 2024. Summaries are written by Google’s Gemini AI – a large language model similar to ChatGPT – scans through the results of the search to create the graphs and includes links to some of the sources. Don’t Miss: Google Vice President of Search Elizabeth Reid said In a blog post that the overviews were designed to be a “jumping…

ALBANY, NEW YORK, UNITED STATES – 2021/08/11: Lieutenant Governor Kathy Hochul addresses the people of New York at the State Capitol Building. LG Kathy Hochul will become the 57th Governor of the State of New York after the resignation of current Governor Andrew Cuomo. Cuomo resigned after the Attorney General report of a toxic environment and the sexual harassment he was accused of which was collaborated by 11 women. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images) | Image Credits:Lev Radin/Pacific Press/LightRocket / Getty Images New York state lawmakers passed a bill on Thursday that aims to prevent frontier AI…

18 February 2025, Bavaria, Munich: The Google logo and lettering can be seen on the facade of the company’s Munich headquarters on February 18, 2025 in Munich (Bavaria). The company’s development center is located in Arnulfpark. More than 2,500 employees work for the US company at various locations in Germany. The parent company of Google LLC is Alphabet Inc. Photo: Matthias Balk/dpa (Photo by Matthias Balk/picture alliance via Getty Images) | Image Credits:Matthias Balk/picture alliance / Getty Images Meta’s big investment in Scale AI may be giving some of the startup’s customers pause. Reuters reports that Google had planned to…

IBM (IBM, Financials) has unveiled a detailed plan to build a fault-tolerant quantum computer by 2029, marking a major step toward scalable quantum computing. The company said the Starling system will include 200 logical qubits and support up to 100 million quantum operations, housed in a new quantum data center in Poughkeepsie, New York. The announcement outlines a shift from scientific theory to engineering execution. Logical qubitseach made from clusters of physical qubitscan suppress errors and run more operations, but traditional error correction has required overwhelming hardware overhead. To address this, IBM is using a quantum low-density parity check code,…

Image Credits:TechCrunch Apple’s plans to improve App Store discoverability using AI tagging techniques are now available in the developer beta build of iOS 26. However, the tags do not appear on the public App Store as of yet, nor are they informing the App Store Search algorithm on the public store. Image Credits:App Store screenshot (developer beta 1, iOS 26) Of course, with any upcoming App Store update, there’s speculation about how changes will impact an app’s search ranking. A new analysis by app intelligence provider Appfigures, for example, suggests metadata extracted from an app’s screenshots is influencing its ranking.…