All Updates
Page 744 of 1667
May 4, 2026
BNY CEO: AI Turbocharges Business Efficiency
BNY CEO Robin Vince highlighted AI's role in improving products and operational efficiency. AI also enables cost cutting for clients. Discussion occurred at the Milken Institute Global Conference.
Cerebras $3.5B IPO, OpenAI $4B AI JV
GameStop made a $56B bid for eBay. AI chipmaker Cerebras aims to raise up to $3.5B in its IPO. OpenAI secured over $4B for a joint venture promoting business AI software adoption.
Palantir Beats Revenue Outlook, Misses Commercial
Palantir Technologies issued a better-than-expected revenue outlook for the year. Despite this, the company reported disappointing US commercial sales in the first quarter. The update highlights ongoing enterprise demand.
EU Talks Anthropic on Mythos Bank Flaw Tests
The European Union is negotiating with Anthropic to test companies and banks for vulnerabilities uncovered by the new Mythos AI model. This aims to bolster financial sector security using advanced AI detection.
Tips for Experimenting on Large Models
Asks how to run quick experiments on compute-heavy large diffusion models. Common hacks: 5-10% dataset, reduced batch size with LR scaling, fewer epochs. Seeks additional strategies beyond online advice.
White House Eyes Pre-Release AI Vetting
The Trump administration, previously noninterventionist on AI, is now discussing oversight measures. They plan to vet powerful AI models before public release. This marks a policy shift toward regulating AI development.
Microsoft Launches Agent 365 vs Shadow AI
Microsoft has launched Agent 365 into general availability to govern and secure AI agents across ecosystems including its own, AWS Bedrock, Google Cloud, endpoints, and SaaS. It targets 'shadow AI'—unauthorized agents installed by employees—amid rising security risks like exposed MCP servers causing PII leaks and cross-prompt injection attacks. The move underscores the urgent need for enterprise AI governance.
Pinecone Nexus Ends RAG for Agentic AI
Pinecone launches Nexus, a knowledge engine replacing RAG with a context compiler that pre-builds task-specific knowledge artifacts from enterprise data. It includes KnowQL, a declarative query language for agents specifying output shape, confidence, and latency. Benchmarks show 98% token reduction for tasks like financial analysis.
Image AI Drives 6.5x App Download Growth
Appfigures analysis reveals visual AI model launches generate 6.5x more app downloads than chatbot upgrades. This surge outperforms text-based AI improvements. However, most apps fail to convert downloads into revenue.
Haun VC Raises $1B for AI Agents
Katie Haun's Haun Ventures raised $1 billion split evenly into early- and later-stage funds for crypto and blockchain companies over 2-3 years. The strategy bets on finance infrastructure, not models, as the key need for AI agents.
ChatGPT Ed Study Retracted Over Red Flags
An influential study promoting ChatGPT's use in education was retracted due to red flags. The paper had already been cited hundreds of times before retraction.
Human Removal Risks AI Care Outcomes
Digital health startups pitch AI replacing clinicians to slash costs, boost access, and improve outcomes, attracting billions in VC. The article argues removing humans from the care loop may actually undermine results.
Microsoft OpenClaw Builds Project Lobster Agent
Microsoft's OpenClaw team, led by CVP Omar Shahine, is developing Project Lobster, an always-on AI agent for knowledge workers in the Microsoft 365 ecosystem. The project already boasts over 3,000 daily internal users.
AI and Automation Define IT Service Future
IT teams and Managed Service Providers face pressure to deliver faster services in a complex threat landscape. They require integrated, AI-driven systems to cope. The future of IT service delivery hinges on AI and automation.
iRobot Co-Founder Builds Robot Pets
One of iRobot's co-founders is developing weird little robot companions. These robots act like pets but without emotional love attachments.
STM Targets $3B Satellite Revenue
STMicroelectronics has shipped over 5 billion RF antenna chips to Starlink amid the satellite constellation boom. It expects more than $3 billion in cumulative revenue from low-Earth-orbit business alone between 2026 and 2028. Orbital data centers represent a future opportunity.
Critterz: First AI Film Heads to Cannes
Hollywood’s first mainstream AI-assisted animated family film ‘Critterz’ is heading to Cannes. It arrives amid intensifying industry debate over AI's role.
Musk Pre-Trial Threat to Brockman
Elon Musk texted Greg Brockman two days before the OpenAI trial to propose a settlement. Brockman countered by suggesting Musk drop all claims against individuals. Musk responded by threatening to make Brockman and Sam the most hated men in America.
DeepInfra Raises $107M Backed by Nvidia
Cloud inference platform DeepInfra closed a $107 million Series B funding round backed by Nvidia and Samsung. The investment targets bottlenecks in AI compute. CEO Nikola Borisov discussed plans on Bloomberg Tech.
Brockman's OpenAI Stake Valued at $30B
OpenAI co-founder and President Greg Brockman stated his stake in the company is worth nearly $30 billion. This makes him one of the largest individual shareholders in the ChatGPT maker.