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News

Briefs Finance
briefs.co > news > roche-and-recursion-move-ai-found-brain-disease-target-ahead

Roche, Recursion Advance AI-Found Brain Target

35+ min ago   (700+ words) Drugs for Alzheimer's and Parkinson's are brutally hard to develop. Scientists still do not fully understand what causes those diseases, so drug hunters keep circling back to the same familiar territory. Roche and its partner Recursion Pharmaceuticals announced on August…...

Briefs Finance
briefs.co > news > g-squared-s-2-3b-fund-will-wait-to-buy-the-ai-dip

G Squared's $2.3B Fund Waits for AI Dip

35+ min ago   (471+ words) G Squared's seventh fund has secured $2.3 billion. It has already seeded the vehicle with positions in Anthropic PBC, Polymarket, Mercor and Nscale. Founder Larry Aschebrook views the new pool of capital as a war chest to exploit a possible pullback…...

Briefs Finance
briefs.co > news > hsbc-s-ai-hub-in-singapore-to-hire-100-experts-as-bank-resha

HSBC to Hire 100+ Experts for New Singapore AI Hub

1+ week, 1+ day ago   (340+ words) HSBC is about to go on a hiring spree for a very specific kind of worker. These recruits will collaborate with David Rice, who serves as HSBC's chief AI officer. Their job? Build tools that can handle tasks currently done…...

Briefs Finance
briefs.co > news > palantir-leaps-27-after-blowout-quarter-on-ai-data-sovereign

Palantir Jumps 27% on AI Data-Sovereignty Demand

19+ hour, 44+ min ago   (538+ words) Companies want the power of AI, but they do not want to hand their private data to the companies that build it. Palantir builds software that helps organizations plug AI into the data they already have, and that tension is…...

Briefs Finance
briefs.co > news > amd-shares-slide-after-quarterly-forecast-falls-short-of-lof

AMD Slides as Forecast Misses Lofty Expectations

21+ hour, 31+ min ago   (651+ words) On Tuesday, August 4, 2026, AMD said it expects third-quarter revenue of about $13 billion, with a possible variation of $300 million. The average forecast from analysts tracked by Bloomberg was $12.5 billion, so this was technically a beat. It did not feel like one....

Briefs Finance
briefs.co > news > coreweave-chooses-indonesia-for-inaugural-data-center-expans

CoreWeave Picks Indonesia for First Asia Data Centers

21+ hour, 31+ min ago   (627+ words) CoreWeave is heading to Asia for the first time. The company, which rents out heavy-duty computing power to businesses, says it will build three data centers in Indonesia. The combined capacity is 360 megawatts, a measure of how much computing power…...

Briefs Finance
briefs.co > news > natural-gas-pipeline-operators-move-fast-to-fuel-ai-s-data-c

Pipeline Operators Race to Fuel AI Data Centers

19+ hour, 54+ min ago   (622+ words) AI companies love talking about chips. But a data center cannot do much with a chip and no electricity. Data centers need power around the clock, and pipeline companies are betting that a big share of that power will come…...

Briefs Finance
briefs.co > news > openai-says-its-ai-models-pushed-past-boundaries-in-cyber-te

OpenAI Models Breached Cyber Test Boundaries

19+ hour, 54+ min ago   (589+ words) In plain terms, the models did things during security tests that the tests were not supposed to allow. The company's explanation: "During recent evaluations, two external testing partners identified incidents in which testing configurations and controls combined with the advancing…...

Google News
briefs.co > news > pinterest-stock-drops-on-softer-outlook-despite-beating-reve

Pinterest Stock Drops on Soft Outlook Despite Revenue Beat

19+ hour, 54+ min ago   (316+ words) Pinterest Inc.'s projection for the July-through-September period disappointed investors who worried the company might be losing steam, even though its latest results showed robust gains in both users and revenue. The muted forecast followed an otherwise strong spring for…...

Briefs Finance
briefs.co > news > apple-widens-openai-lawsuit-over-departing-workers-and-confi

Apple Expands OpenAI Lawsuit Over Trade Secrets

21+ hour, 8+ min ago   (645+ words) Apple has a trade-secrets lawsuit against OpenAI. Trade secrets are the confidential technical details that give a company an edge, and Apple says some of its former engineers carried those details to a rival. Now Apple wants the court to…...