Author: Jason
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IBM releases a new mainframe built for the age of AI
IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than… Read more
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Google is allegedly paying some AI staff to do nothing for a year rather than join rivals
Retaining top AI talent is tough amid cutthroat competition between Google, OpenAI, and other heavyweights. Google’s AI division, DeepMind, has resorted to using “aggressive” noncompete agreements for some AI staff in the U.K. that bar them from working for competitors for up to a year, Business Insider reports. Some are paid during this time, in… Read more
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Microsoft reportedly fires staff whose protest interrupted its Copilot event
On Monday, Microsoft reportedly terminated the roles of two software engineers, Ibtihal Aboussad and Vaniya Agrawal, who protested the company’s reported dealings with the Israeli military during Microsoft’s Copilot and 50th anniversary event last week. According to an internal message viewed by CNBC, Microsoft wrote that Aboussad could have raised concerns “confidentially with your manager,… Read more
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Amazon says its AI video model can now generate minutes-long clips
Amazon has upgraded its AI video model, Nova Reel, with the ability to generate videos up to two minutes in length. Nova Reel, announced in December 2024, was Amazon’s first foray into the generative video space. It competes with models from OpenAI, Google, and others in what’s fast becoming a crowded market. The latest Nova… Read more
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How one tweet wreaked havoc on the stock market
Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report declaring that President Trump was considering a 90-day pause on his controversial tariff proposal. This news was not true, and yet, index funds like the Dow Jones whipsawed, rapidly rising for a brief… Read more
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Nikola founder Trevor Milton wants to buy the bankrupt startup’s assets
Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola filed for Chapter 11 bankruptcy protection in February and has said it hopes to sell… Read more
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Flexport CEO Ryan Petersen’s high-stakes test amid tariff turmoil: ‘You can’t be freaking out’
At 11 a.m. in California last Thursday, the day after President Donald Trump declared sweeping new tariffs under what he dubbed “Liberation Day,” Ryan Petersen was live on camera, fielding questions from a virtual room packed with more than 2,300 anxious customers. The founder and CEO of Flexport, a now 12-year-old global logistics and customs… Read more
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Meta exec denies the company artificially boosted Llama 4’s benchmark scores
A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models’ weaknesses. The executive, Ahmad Al-Dahle, VP of generative AI at Meta, said in a post on X that it’s “simply not true” that Meta trained its Llama 4 Maverick… Read more
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Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our… Read more
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Former Tesla exec Drew Baglino’s new startup is rethinking the electrical transformer
Heron Power is raising between $30 million to $50 million for a Series A, according to a report. Read more