News
Anthropic was the Pentagon's choice for AI. Now it's banned and experts are worried
1+ hour, 39+ min ago (1195+ words) Last August, Pentagon technology chief Emil Michael, a former Uber executive and attorney, took on the added role of overseeing the Defense Department's artificial intelligence portfolio. A month earlier, Anthropic had been awarded a $200 million DOD contract that expanded its…...
Oracle is building yesterday’s data centers with tomorrow’s debt
1+ hour, 37+ min ago (470+ words) Artificial intelligence chips are getting upgraded more quickly than data centers can be built, a market reality that exposes a key risk to the AI trade and Oracle's debt-fueled expansion. OpenAI is no longer planning to expand its partnership with…...
Microsoft adds higher-priced Office tier with Copilot as it tries to juice sales with AI
8+ hour, 28+ min ago (487+ words) Microsoft'is adding artificial intelligence to its Office productivity suite and charging 65% more for the upgraded offering, as the company tries to lure enterprise users to its Copilot AI add-on. The new top-of-the-line bundle for corporate workers,'Microsoft'365 E7, will cost $99 per…...
Anthropic sues Trump administration over Pentagon blacklist
6+ hour, 10+ min ago (92+ words) Anthropic sues Trump administration over Pentagon blacklist'CNBC Anthropic filed a lawsuit against federal agencies and their leaders on Monday after the company was blacklisted by the Trump administration and designated a supply chain risk that threatens U.S. national security. "The Constitution…...
Binny Gill, Kognitos CEO: A Fortt Knox Conversation
10+ hour, 32+ min ago (74+ words) Binny Gill, CEO of Kognitos, describes his company's mission to make "English as code" " a platform that lets businesses write rules for AI in plain language and have them execute deterministically, the way a computer follows Python. Gill says the…...
In a jobs apocalypse, look to ‘AI-proof’ skilled trades, career experts say
1+ day, 7+ hour ago (846+ words) James Vandall, 25, said his interest in becoming an electrician first sparked, so to say, when workers were recently redoing the wiring on the third floor of his home. "I asked them how I could go about getting into that trade,…...
Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation
13+ hour, 6+ min ago (208+ words) Nscale has become a key player in the AI infrastructure buildout - UK-based startup Nscale has raised $2 billion at a $14.6 billion valuation in a funding round featuring chip giant Nvidia. - The company is building AI infrastructure, including data centers and cloud…...
Japan's Nikkei set to plunge over 7% as oil breaches $100 mark
21+ hour, 33+ min ago (197+ words) Asia-Pacific markets were set to tumble Monday, extending last week's volatility as oil prices breached $100 per barrel for the first time since 2022. Brent futures spiked 16.1% to $107.61, while U.S. West Texas Intermediate crude futures rose nearly 17.7% to $107.02. The surge comes after major…...
OpenAI hardware leader resigns after deal with the Pentagon
1+ day, 8+ hour ago (240+ words) Caitlin Kalinowski, who "oversaw hardware at OpenAI, announced her resignation on Saturday, citing concerns about "the company's agreement "with the Department "of Defense. In a social media post on X, Kalinowski wrote that OpenAI did not take enough time before…...
Kelly Evans: The revenge of the old economy...again
2+ week, 4+ day ago (433+ words) Monday - Friday, 1:00 - 2:00 PM ET The AI boom has not just given the "hardware trade" new life--it's boosted demand for all sorts of real-world physical things. Energy and materials are the best performing sectors this year, with gains of 24 and…...