Defence tech startup Shield AI will buy counter-drone radar maker Echodyne for $5.3B and raise $2.5B, valuing it at $28.8B, more than double March's value.

#shield #echodyne #startup

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Visa’s AI shopping benchmark: Google and Meta top, Claude third

Technology

1w ago

Visa’s AI shopping benchmark: Google and Meta top, Claude third

‘We’re not there yet,’ Visa’s Rubail Birwadker told Fortune, as its AI shopping benchmark found almost half of AI test runs fail.

#visa #google #meta

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Daniel Dines on AI agents, tokenless automation and having no plan B

Technology

1w ago

Daniel Dines on AI agents, tokenless automation and having no plan B

‘When you have a plan B, actually you will go to the plan B,’ UiPath’s Daniel Dines told the TNW Podcast.

#dines #cristian #dina

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Aina AI ring predicts what you need and puts it on your finger

Technology

1w ago

Aina AI ring predicts what you need and puts it on your finger

“Hardware interfaces beyond the phone will be built for voice and quick approvals,” says the founder of Aina, whose AI ring launches today.

#aina

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Technology

1w ago

Anthropic compute costs climb as Broadcom backstops a $63bn chip deal

‘Paying for it requires revenue from end customers’: Anthropic compute costs rose to 58% of revenue in Q3.

#anthropic #broadcom

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Technology

1w ago

Anthropic’s FlashProve can prove which AI model really answered you

‘Intermediate progress’: Anthropic open-sources FlashProve, a way to prove which model wrote an answer

#anthropic #flash #prove

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‘Most profound shift of our lifetime’: Jill Hazelbaker joins OpenAI

Technology

1w ago

‘Most profound shift of our lifetime’: Jill Hazelbaker joins OpenAI

Uber’s president Jill Hazelbaker becomes OpenAI’s chief corporate affairs officer, reporting to Greg Brockman, after turning the job down in spring.

#jill-hazelbaker #openai #greg

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Technology

1w ago

Dropbox to buy Tigris Data for $350M and launch DBX Agent Cloud

Dropbox will pay $350M for AI storage start-up Tigris Data and is launching DBX Agent Cloud, plus AI tools that work with ChatGPT and Claude.

#dbx #dropbox #cloud

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Cat Wu leaves Anthropic’s Claude Code to lead product at OpenAI

Technology

1w ago

Cat Wu leaves Anthropic’s Claude Code to lead product at OpenAI

‘Today, the default is trusting Claude’s judgment’: Cat Wu leaves Claude Code at Anthropic to lead product at OpenAI.

#cat #anthropic #claude-code

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Revolut valuation confirmed at $115bn as it cuts AI coding costs 90%

Technology

1w ago

Revolut valuation confirmed at $115bn as it cuts AI coding costs 90%

‘We were highly skeptical about the cost of AI’: as the Revolut valuation hits $115bn, it moves AI coding off Claude by default.

#revolut

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Claude’s UK AI subscription share quadruples to 29% as ChatGPT slips

Technology

1w ago

Claude’s UK AI subscription share quadruples to 29% as ChatGPT slips

‘The sheer volume of everything’: UK adults now spend £1.07bn a year on AI subscriptions, and Claude’s share has quadrupled.

#claude #chat

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