Meta to Unveil Camera-Free Smart Glasses Amid Rising Privacy Concerns
Meta Platforms is expected to unveil new smart glasses at its annual Connect conference on Wednesday, including camera-free models, as concerns grow over privacy and covert recording. The company, which partnered with EssilorLuxottica to...
Verizon Invests $70 Million in Nationwide AI Training Initiative
Verizon announced on Wednesday that it is investing $70 million in a nationwide initiative to provide artificial intelligence (AI) training to job seekers, small businesses and educators as the U.S. economy undergoes a major...
Accelevation Targets $5.37 Billion Valuation in US IPO
Accelevation, a data centre infrastructure company backed by private equity firm Olympus Partners, is targeting a valuation of up to $5.37 billion in its US initial public offering (IPO), joining a growing wave of...
Meta’s AI Agent Muse Sparks Wall Street Optimism Over New Revenue Stream
Wall Street is growing bullish on Meta Platforms as its newly launched AI agent, Muse, raises expectations of a potential new revenue stream and expanded AI monetization opportunities. Launched on September 8, Muse can...
SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment
SoftBank Group has launched a $10 billion US dollar-denominated and €1 billion euro-denominated senior unsecured bond offering to finance its investment in OpenAI, according to a term sheet released on Monday. The dollar notes...
Meta’s Alberta Data Centre Boosts Province’s Appeal to Global Tech Giants
Meta’s planned C$13 billion ($9 billion) data centre in Alberta is strengthening the Canadian province’s appeal to major technology companies, Capital Power CEO Avik Dey said. The investment signals confidence in Alberta’s artificial intelligence...
European AI Firms Push Back Against Calls to Slow Development
European artificial intelligence firms are pushing back against calls from leading U.S. AI companies to slow the development of increasingly powerful models, arguing that such measures could reinforce the dominance of established players. France-based...
Delos Data Raises $100 Million to Accelerate AI Data Center Networking
Delos Data, a startup founded by former Intel Corp veterans, has raised $100 million to develop chips and software designed to move data faster within increasingly complex artificial intelligence data centers. The company aims...
Former Google DeepMind Researcher Warns AI Could “Kill All Humans”
A former Google DeepMind researcher has warned that artificial intelligence could potentially “kill all humans,” saying the world may be running out of time to prevent such an outcome. Bilal Chughtai, who worked as...
AI Warnings Trigger Nasdaq Selloff as Tech Stocks Slide
U.S. stock futures fell sharply on Monday, led by the Nasdaq 100, as major technology and semiconductor stocks came under pressure following calls from leading AI executives to slow the development of increasingly powerful...