AI

Amazon CEO Andy Jassy urges companies to invest heavily in AI

Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon,

Amazon CEO Andy Jassy urges companies to invest heavily in AI Read More »

The rise of AI ‘reasoning’ models is making benchmarking more expensive

AI labs like OpenAI claim that their so-called “reasoning” AI models, which can “think” through problems step by step, are more capable than their non-reasoning counterparts in specific domains, such as physics. But while this generally appears to be the case, reasoning models are also much more expensive to benchmark, making it difficult to independently

The rise of AI ‘reasoning’ models is making benchmarking more expensive Read More »

AI insurtech Ominimo bags its first investment at a $220M valuation

How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, yes, but more importantly, give those engineers the license to apply their

AI insurtech Ominimo bags its first investment at a $220M valuation Read More »

Elon Musk’s AI company, xAI, launches an API for Grok 3

Billionaire Elon Musk might’ve just been countersued by OpenAI. But that isn’t stopping his AI company, xAI, from making its flagship Grok 3 model available via an API. It has been several months since xAI unveiled Grok 3, the company’s answer to models like OpenAI’s GPT-4o and Google’s Gemini.  Grok 3 can analyze images and respond to questions,

Elon Musk’s AI company, xAI, launches an API for Grok 3 Read More »

Google says it’ll embrace Anthropic’s standard for connecting AI models to data

Just a few weeks after OpenAI said it would adopt rival Anthropic’s standard for connecting AI models to the systems where data resides, Google is following suit. In a post on X on Wednesday, Google DeepMind CEO Demis Hassabis announced that Google will add support for Anthropic’s Model Context Protocol, or MCP, to its Gemini

Google says it’ll embrace Anthropic’s standard for connecting AI models to data Read More »

OpenAI attorneys call for Elon Musk to be enjoined from ‘further unlawful and unfair action’

The dramatic suit between OpenAI and its estranged co-founder, billionaire Elon Musk, shows no sign of letting up. In a filing Wednesday, attorneys for OpenAI and the other defendants in the case, including CEO Sam Altman, called for Musk to be enjoined from “further unlawful and unfair action” and “held responsible for the damage he

OpenAI attorneys call for Elon Musk to be enjoined from ‘further unlawful and unfair action’ Read More »

Anthropic rolls out a $200-per-month Claude subscription

Anthropic announced on Wednesday that it’s launching a new, very expensive subscription plan for its AI chatbot Claude: Max. An answer to OpenAI’s $200-a-month ChatGPT Pro tier, Max comes with higher usage limits than Anthropic’s $20-per-month Claude Pro subscription, as well as priority access to the company’s newest AI models and features. A bit confusingly,

Anthropic rolls out a $200-per-month Claude subscription Read More »