Author: Advanced AI Editor

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.…

Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence,” leaving the startup that made him rich after dropping out of MIT. Alexandr Wang’s Scale AI just inked a $14.3 billion investment deal with Meta, which transitions the 28-year-old out of his CEO position at the startup he co-founded with fellow billionaire and estranged business partner Lucy Guo. Wang announced Thursday on X that he’s leaving Scale AI to join Meta as part of an agreement that gives CEO Mark Zuckerberg’s tech company a 49% stake in the startup. Wang…

Chesnot / Getty Images Nvidia CEO Jensen Huang speaks at VivaTech in Paris on June 11, 2025 Nvidia’s Jensen Huang said this week he believes “everybody’s jobs will be changed” by artificial intelligence. Also this week, OpenAI’s Sam Altman said there could be “whole classes of jobs going away,” due to AI, but that he expects people to find new solutions to address the shift. The comments come amid concerns over the extent to which AI could disrupt the labor market. Nvidia (NVDA) CEO Jensen Huang said at an event earlier this week that he believes “everybody’s jobs will be…

Many big tech companies, including startups, are foraying into the emerging field of quantum computing. Out of the 300 quantum computing patents issued in 2025, two companies have received the most. What Happened: International Business Machines Corp. and Alphabet Inc.‘s (NASDAQ:GOOGL) Google appear to have made significant investments in the quantum computing space on a year-to-date basis. Advertisement: High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. According to the data shared by Martin Shkreli, there was a steep drop-off in issued patents after IBM and Google, suggesting that other companies are either…

(Bloomberg) — Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering it on, encouraged that the expensive bets will keep paying off. Most Read from Bloomberg The stock is back near record territory after soaring more than 40% from its April low. Last week, Meta finalized a $14.3 billion investment in Scale AI, whose leader is joining a team being assembled by Chief Executive Officer Mark Zuckerberg to pursue artificial general intelligence. That came just after Meta raised its capital spending forecast for 2025 to as much as $72 billion. “The…