Windsurf was a rising artificial intelligence (AI) start-up – until it wasn’t. Days after OpenAI’s US$3 billion acquisition deal collapsed, Windsurf’s founders and top researchers joined Google DeepMind under a non-exclusive licensing agreement. What remained was sold to another company. Windsurf, as an independent innovator, ceased to exist. This is how many AI start-ups today…
AI gets a lot of attention for eliminating human jobs, but more and more it is also creating them. The number of job postings that mention artificial intelligence has climbed in recent years, a recent report from the Brookings Institution shows, as employers seek out AI-capable workers to assist them in AI adoption and development. In the…
Good morning. Well, we’ve got a trade deal with Japan and a blueprint for a national AI policy (more on that below). In this topsy-turvy business environment, that’s something you can hang your hat on. But don’t keep your hat off too long. There’s plenty of potential surprises still working their way through the various…
Lauren Sánchez is dressed to impress. Sánchez turned heads in a sheer black animal-print dress — and daringly ditched her bra — while out on the town with Jeff Bezos in St. Tropez, France, Wednesday night. She showed more skin courtesy of the dress’ low-cut back. Lauren Sánchez turned heads in St. Tropez, France, ditching…
Amazon is shutting down its artificial intelligence (AI) lab in Shanghai, making it the latest US tech company to scale back research in China, a report has said, citing growing geopolitical tensions as the reason. The move follows similar actions by IBM and Microsoft, which have also reduced their R&D efforts in the country as…
Amazon Web Services (AWS) has joined its US peers Microsoft and IBM in downsizing artificial intelligence research activities in mainland China amid ongoing geopolitical tensions. The company has decided to close its seven-year-old AI Shanghai Lablet due to “China-US strategic realignment”, according to Wang Minjie, the facility’s chief applied scientist, in an announcement posted on…
Amazon founder Jeff Bezos met with President Donald at the White House last week, CNBC has reported. Citing sources familiar with the matter, the report said that the meeting lasted for over an hour. While the exact timing and agenda of the meeting remain unclear, flight tracking data by Jack Sweeney shows a Gulfstream G700…
Target is ending a price matching policy that for 12 years allowed customers to request a price match if they found an identical item with a lower cost at competitors Amazon or Walmart. The policy enabled a price match if shoppers could provide proof of the lower price within 14 days of their purchase. The product had to be…
An A-list wedding guests who scored an invite to Lauren Sanchez and Jeff Bezos‘ $50M Italian wedding last month has now revealed what it was really like. The former journalist, 55, and Amazon founder, 61, said ‘I do’ in the romantic city of Venice – with other celebrities such as Oprah Winfrey, Orlando Bloom, Tom…
By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction. An Amazon spokesperson confirmed it had cut jobs but did…