Author: Advanced AI Editor

(Bloomberg) — Apple Inc. is facing pressure to shake up its corporate playbook to invigorate its struggling artificial intelligence efforts. Most Read from Bloomberg Alarmed by a share slump that’s erased more than $640 billion in market value this year and frustrated with delays in rolling out AI features, investors are calling for Apple to break with long-standing traditions to make a big acquisition and more aggressively pursue talent. “Historically Apple does not do big mergers and acquisitions,” said Citigroup Inc. analyst Atif Malik, noting that the last major deal was its takeover of Beats in 2014. But, he argues,…

International Business Machines Corporation (NYSE:IBM) is one of the stocks on Jim Cramer’s radar. A caller inquired after Cramer’s thoughts on the company, and he replied: “Oh, I like IBM very much. I mentioned Ben Wright earlier. I think that Ben, he’s really turned me on to this stock. We did a very positive piece about it. I think it goes, I’m going to say not much higher but creeping higher over time, and that’s actually a great place to be. So I like IBM.” Jim Cramer on International Business Machines: “I Like IBM Very Much” A closeup of a…

The Meta AI app is displayed on a mobile phone with the Meta AI logo visible on a tablet in this photo illustration | Image Credits:Jonathan Raa/NurPhoto / Getty Images Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, Behemoth, and instead developing a closed model, reports The New York Times. Sources told The Times that Meta had completed training on Behemoth, but delayed its release due to underwhelming internal performance. When the new Superintelligence Lab launched, testing on the model reportedly halted. The discussions are just that — discussions. Meta…

Elon Musk’s xAI has signed an important new customer: the U.S. government. The two-year old AI company—most recently in the news when its chatbot praised Hitler—said in a blog post Monday that it has launched a new division, called “Grok with Government” and signed a contract worth up to $200 million with the Department of Defense. xAI also announced that it had been added to the General Services Administration schedule, meaning that xAI products will now be available for purchase across every government office and agency. xAI’s new DoD contract is part of a new effort to develop AI agent…

David Paul Morris / Bloomberg / Getty Images Meta plans to invest “hundreds of billions of dollars,” on building AI “superintelligence,” CEO Mark Zuckerberg wrote in a post Monday. Meta Platforms CEO Mark Zuckerberg said the company expects its first in a series of AI data center “superclusters” to come online in 2026. The Facebook parent plans to invest “hundreds of billions of dollars,” on building AI “superintelligence,” the CEO wrote in a post Monday. Zuckerberg has been personally involved in recruiting new hires for the company’s superintelligence unit, including offering lucrative pay packages to poach AI talent. Meta Platforms…

Too hot, too cold or just right? It was the key question in the fable of Goldilocks. She interloped in the home of three bears and, based on the version, either escaped through a window, vowing not to do so much breaking and entering going forward, or was subject to some sort of gruesome punishment typical of a 19th-century folk tale. The Gen Z generation entering the workforce (aged roughly 13 to 28 years old) has a much more urgent question on its mind: Just how badly will the artificial intelligence revolution mangle their careers? Predictions range from too cold…

Visitors visit the Nvidia booth at the Inclusion Conference on the Bund in Shanghai, China, on September 7, 2024. – NurPhoto/Getty Images American chipmaking giant Nvidia (NVDA) says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other. The company’s announcement on Monday comes after Nvidia CEO Jensen Huang met with President Donald Trump at the White House last week. Huang has argued that restricting sales of American technology to China could put the US position as a global AI leader at risk…

(Bloomberg) — Nvidia Corp. and Advanced Micro Devices Inc. plan to resume sales of some AI chips in China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal from the Trump administration’s earlier stance on measures designed to limit Beijing’s AI ambitions. Most Read from Bloomberg US government officials told Nvidia they would green-light export licenses for its H20 artificial intelligence accelerator, the company said in a blog post on Monday — a move that may add billions to Nvidia’s revenue this year, restoring its ability to fulfill orders it had written off as lost due…

Bloomberg / Getty Images CoreWeave shares have more than tripled since the company went public in March CoreWeave shares surged Tuesday as the company said it plans to invest $6 billion in a new Pennsylvania data center. The Nvidia partner is expected to announce the investment at an energy summit alongside President Donald Trump. CoreWeave shares have tripled since the company went public in March but are down since the company announced a major acquisition last week. CoreWeave (CRWV) shares extended gains this week after the Nvidia (NVDA) partner said it would invest more than $6 billion in a new…

Image Credits:Grok Elon Musk is a man who named a government agency after a memecoin, designed a robotaxi test network in the shape of a phallus, and once went to court for tweeting weed jokes in relation to Tesla stock. So it’s not surprising that his company xAI’s first AI companions on the Grok app are a lustful anime girl and a homicidal panda. You can see why I had no choice but to ask my boss to buy me a $30 “Super Grok” subscription so that I could spend my Tuesday afternoon talking to these characters. It’s curious timing…