China just told its tech giants to stop fighting on price and start investing in AI A top-level Communist Party publication has signaled a shift in how Beijing intends to govern its largest internet platforms. A draft commentary set …
SoftBank is investing €75 billion to build 5 gigawatts of AI data centres in France. It’s Son’s biggest European bet. SoftBank plans to invest as much as €75 billion ($87 billion) to build 5 gigawatts of AI data centre capacity in France. It is the Japanese conglomer…
Meta is building an AI pendant. It also plans a business subscription called Wearables for Work. Meta is developing an AI-powered pendant that it plans to start testing within the next year, according to an internal memo viewed by The Information…
Social media companies paid a school district more than its annual budget to avoid trial The financial terms of the Breathitt County social media settlement have been disclosed for the first time. Meta is paying $9 million. Snap and TikTo…
Anthropic named eight firms selling its shares illegally. After the backlash, it quietly removed four. Anthropic updated its warning about unauthorized secondary market platforms selling its shares, cutting the list from eight firms to four. The revise…
AI is killing the summer internship. The entry-level pipeline that built careers is breaking. Katelyn Watterson owes her career to a summer internship. As a student at American University, she spent a summer working for a high-end beauty brand…
The hybrid model: why the smartest finance teams aren’t going all-in on AI Every finance vendor with a pulse has slapped “AI-powered” on their homepage in the last 18 months. Most of them are exaggerating, not maliciously, b…