A month after Meta’s launch of Muse, the personal agent that quickly turned into a viral sensation, a group of companies is coming together to try to simplify the process of bringing the technology into the business world. Meta, Walmart, Stripe and a handful of other companies are publishing what they’re calling a “personal agent…
Meta Platforms may be leaving billions of dollars in potential cloud revenue on the table. The reason? It may have found a much better use for its computing power. In a Tuesday note to clients, Wells Fargo argued that enthusiasm around the company’s Muse artificial intelligence agent is justified. At the same time, the analysts…
Anthropic on Tuesday announced it’s expanding its Claude Startups program, the artificial intelligence lab’s latest push to deepen its ties to founders and fast-growing companies. Claude Startups initially launched in May, and thousands of companies are already participating, according to Anthropic. The company is opening up the program to more organizations, and members will get…
The DeepSeek Chinese AI company logo is seen in this photo illustration taken in Warsaw, Poland on 30 January, 2025. Jaap Arriens | Nurphoto | Getty Images China’s DeepSeek is considering expanding its latest funding round to as much as 100 billion yuan ($14.9 billion), double its earlier target, with state-backed funds and corporate investors…
Mistral on Tuesday unveiled a new AI model it said ranked among the best open models in the world, as Western companies race to close the capability gap with Chinese developers in the market. Mistral Large 4 (ML4), also known as le Chonk, is a 1-trillion-parameter model that is particularly effective at tasks related to…
Anduril won an up to $2.9 billion contract with the U.S. Navy on Tuesday to boost submarine production, days after CEO Palmer Luckey was named to a Pentagon future weapons task force. The company is also investing $3.7 billion to scale a new shipyard at Sparrows Point, outside Baltimore, Maryland, slated to start operations in…
The personal AI agent boom is giving AMD and Intel new life after the companies spent years watching Nvidia and its GPUs dominate the artificial intelligence market. The central processing unit (CPU) was once the primary workhorse of a computer server before Nvidia’s graphics processing units took center stage with the launch of ChatGPT and…
The tech industry would build data centers twice as fast without the supply constraints they face, the CEO of Nokia told CNBC, underscoring continued demand for AI even as top executives debate slowing down the pace of development. “I don’t think you can say in any manner we’re overbuilding today because reality is that if…
CNBC’s Jim Cramer said Monday that a handful of artificial intelligence giants are masking pressure from surging Treasury yields, creating an unusual disconnect between the stock and bond markets. The Nasdaq Composite jumped about 1% to close at a record Monday, while the S&P 500 gained 0.66%, finishing just 0.3% below its Aug. 13 record-close….
SpaceX shares rose almost 8% on Monday, reaching their highest since mid-June, shortly after Elon Musk’s company held its record initial public offering. With the rally, Musk is once again a trillionaire. The jump followed a Sunday note from Morgan Stanley analysts, who called SpaceX “cheap” at today’s prices, and highlighted “future AI product releases,…