Anthropic reported expects first operating profit in June quarter, though profits may not continue as spending ramps up This article has been indexed from Silicon UK Read the original article: Anthropic Set For First Profitable Quarter
Tag: Silicon UK
OpenAI Reportedly Plans Imminent IPO Filing
OpenAI said to be pushing ahead with confidential IPO filing in coming days, after defeating key legal challenge This article has been indexed from Silicon UK Read the original article: OpenAI Reportedly Plans Imminent IPO Filing
Meta Tells Staff It May Not Conduct Further Layoffs This Year
Facebook parent tells employees it may not carry out further company-wide job cuts this year, as it carries out AI-focused restructure This article has been indexed from Silicon UK Read the original article: Meta Tells Staff It May Not Conduct…
Anthropic Paying SpaceX $1.25bn A Month For Compute
Data centre deal announced earlier this month involves payments amounting to $40bn through May 2029, amid AI cloud capacity crunch This article has been indexed from Silicon UK Read the original article: Anthropic Paying SpaceX $1.25bn A Month For Compute
Samsung Reaches Last-Minute Deal To Avert Strike
Samsung Electronics labour union suspends planned strike action after reaching 11th-hour deal over pay and bonuses This article has been indexed from Silicon UK Read the original article: Samsung Reaches Last-Minute Deal To Avert Strike
Police Arrest Dozens In Cyber-Fraud Crackdown
City of London Police work with financial analysts, international law enforcement to arrest cyber-fraudsters, romance scam operators This article has been indexed from Silicon UK Read the original article: Police Arrest Dozens In Cyber-Fraud Crackdown
Microsoft Set To Bring Biggest India Data Centre Online
Microsoft reportedly plans to begin operating its biggest data centre in India in mid-2026, amid pressure to show payoff on AI spending This article has been indexed from Silicon UK Read the original article: Microsoft Set To Bring Biggest India…
Google Hires Contextual AI Researchers, Chief Executive
Google reportedly pays tens of millions in deal to hire more than 20 researchers, chief executive of start-up Contextual, in latest acqui-hire This article has been indexed from Silicon UK Read the original article: Google Hires Contextual AI Researchers, Chief…
Mistral Buys Austria’s Emmi AI For Industrial Tech
Leading European AI start-up buys tech to help solve complex physical challenges in semiconductor, automotive sectors This article has been indexed from Silicon UK Read the original article: Mistral Buys Austria’s Emmi AI For Industrial Tech
Meta Offers Limited Free AI Access To WhatsApp
In negotiations with EU, Meta reportedly offers to let competing AI services access WhatsApp for free, but only up to a certain threshold This article has been indexed from Silicon UK Read the original article: Meta Offers Limited Free AI…
FinTech and Agentic Commerce: When AI Becomes the Customer
Agentic commerce is transforming FinTech as AI agents autonomously discover, negotiate and complete transactions on behalf of customers This article has been indexed from Silicon UK Read the original article: FinTech and Agentic Commerce: When AI Becomes the Customer
Google, Samsung Show Upcoming AI Glasses
Google and Samsung show spectacles with voice-controlled AI features to compete with Meta’s Ray-Bans, ahead of planned autumn launch This article has been indexed from Silicon UK Read the original article: Google, Samsung Show Upcoming AI Glasses
Cambridge University Satellite AI Model Protects Hedgehogs
Researchers use University of Cambridge AI model based on detailed satellite images to identify dangers to hedgehog habitats This article has been indexed from Silicon UK Read the original article: Cambridge University Satellite AI Model Protects Hedgehogs
China’s Moonshot AI To Unwind Offshore Structure
Start-up reportedly to eliminate offshore structure ahead of planned IPO, amid increasing regulatory pressure on foreign investment This article has been indexed from Silicon UK Read the original article: China’s Moonshot AI To Unwind Offshore Structure
AI-Generated Bug Submissions Create ‘Carnage’
Platforms offering bounties for software flaws inundated with low-quality AI-generated submissions, as security adapts to new era This article has been indexed from Silicon UK Read the original article: AI-Generated Bug Submissions Create ‘Carnage’
Bank Says EV Expansion Faces Infrastructure, Insurance Barriers
Worldwide growth of EVs, supercharged by rising petrol costs, faces barriers in charging infrastructure, insurance, says BNP Paribas This article has been indexed from Silicon UK Read the original article: Bank Says EV Expansion Faces Infrastructure, Insurance Barriers
UK Gov’t Saves Millions By Ending Palantir Contract
A government department says it saved millions a year in running costs after migrating from a Palantir system to a better one built in-house This article has been indexed from Silicon UK Read the original article: UK Gov’t Saves Millions…
Waymo Cars Flood Quiet Atlanta Cul-De-Sac
Dozens of automated Waymo cars filmed driving in and out of Atlanta dead-end street, as company blames ‘fleet positioning’ This article has been indexed from Silicon UK Read the original article: Waymo Cars Flood Quiet Atlanta Cul-De-Sac
JLR Profit Drops 99 Percent After Cyber-Attack
Profit at largest UK carmaker plunges after hack disrupts production for weeks, as it seeks to get delayed EV plans back on track This article has been indexed from Silicon UK Read the original article: JLR Profit Drops 99 Percent…
Jurors Dismiss Musk’s OpenAI Lawsuit
California jury finds entrepreneur Elon Musk waited too long to file lawsuit accusing Sam Altman, Greg Brockman, OpenAI of misdeeds This article has been indexed from Silicon UK Read the original article: Jurors Dismiss Musk’s OpenAI Lawsuit