AI

Why AI will eat McKinsey’s lunch — but not today

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Navin Chaddha, managing director of the 55-year-old Silicon Valley venture firm Mayfield, is betting big on AI’s ability to transform people-heavy industries like consulting, law, and accounting. The veteran investor, whose wins include Lyft, Poshmark, and HashiCorp, recently discussed at TechCrunch’s StrictlyVC evening in Menlo Park why he believes “AI teammates” can create software-like margins […]

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OpenAI reportedly ‘recalibrating’ compensation in response to Meta hires

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With Meta successfully poaching a number of its senior researchers, an OpenAI executive reportedly reassured team members Saturday that company leadership has not “been standing idly by.” “I feel a visceral feeling right now, as if someone has broken into our home and stolen something,” Chief Research Officer Mark Chen wrote in a Slack memo

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Meta reportedly hires four more researchers from OpenAI

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Looks like Meta isn’t done poaching talent from OpenAI. Earlier this week, TechCrunch reported that Meta had hired influential OpenAI researcher Trapit Bansal, and according to The Wall Street Journal, it also hired three other researchers from the company. Now The Information is reporting four more Meta hires from OpenAI: Researchers Shengjia Zhao, Jiahui Yu,

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Anthropic’s Claude AI became a terrible business owner in experiment that got ‘weird’

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For those of you wondering if AI agents can truly replace human workers, do yourself a favor and read the blog post that documents Anthropic’s “Project Vend.” Researchers at Anthropic and AI safety company Andon Labs put an instance of Claude Sonnet 3.7 in charge of an office vending machine, with a mission to make

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As job losses loom, Anthropic launches program to track AI’s economic fallout

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Silicon Valley has opined on the promise of generative AI to forge new career paths and economic opportunities – like the newly coveted solo unicorn startup. Banks and analysts have touted AI’s potential to boost GDP. But those gains are unlikely to be distributed equally in the face of what many expect to be widespread

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Meta is offering multimillion-dollar pay for AI researchers, but not $100M ‘signing bonuses’

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Meta is definitely offering hefty multimillion-dollar pay packages to AI researchers when wooing them to its new superintelligence lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting. During a company-wide all-hands meeting on Thursday leaked to The Verge, some of

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Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses’

AI /

Meta is definitely offering hefty multi-million-dollar pay packages to AI researchers when wooing them to its new Superintelligence Lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting. During a company-wide all-hands meeting on Thursday leaked to The Verge, some of

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Facebook is asking to use Meta AI on photos in your camera roll you haven’t yet shared

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Facebook is asking users for access to their phone’s camera roll to automatically suggest AI-edited versions of their photos — including ones that haven’t been uploaded to Facebook yet. The feature is being suggested to Facebook users when they’re creating a new Story on the social networking app. Here, a screen pops up and asks

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Big Tech lands an early win in legal battles against publishers

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This week, two major AI companies scored early wins in court, with federal judges siding with Meta and Anthropic in separate lawsuits over how their models were trained on copyrighted material. The decisions represent the first real legal validation of AI companies’ argument that training models on books, images, and other creative works can be

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