Intercontinental Exchange, the parent company of the New York Stock Exchange, is preparing to launch futures contracts tied to the cost of computing power, marking the latest sign that Wall Street sees AI infrastructure as the next great commodity market. ICE announced on Monday that it will team with Ornn, a financial-infrastructure firm whose […]
Most AI products in financial services are, if you strip away the marketing, large language models bolted onto data feeds. They retrieve information. They do not understand it. And when the stakes involve real money, that distinction matters enormously. motif, an AI wealth advisory company headquartered in Zug, Switzerland, is betting it can do better. […]
Hitachi has announced a strategic partnership with Anthropic that will see the Japanese industrial conglomerate deploy Claude AI models across its entire workforce of approximately 290,000 employees, in what it describes as a move to strengthen its “Lumada 3.0” business model. The deal positions Hitachi as one of the largest enterprise adopters of Claude globally, […]
When the most anticipated game in history finally arrives on 19 November 2026, not a single building, street corner, or neighbourhood in its sprawling open world will have been conjured by a large language model. That is the unequivocal message from Take-Two Interactive CEO Strauss Zelnick, who confirmed that generative AI has “zero part” in […]
AMD CEO Lisa Su sat down with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, a meeting that underscores how US chipmakers are scrambling to protect their foothold in the world’s second-largest semiconductor market even as Washington tightens the screws on technology exports. He, a member […]
Meta is building the most expensive single piece of private infrastructure in American history. Hyperion, the company’s AI data centre campus in Richland Parish, Louisiana, now carries a projected cost of more than $200 billion, a figure that has grown steadily since the project was first announced at $10 billion in December 2024. The campus […]
The Shay Levi-led enterprise AI delivery platform has doubled its total funding to $100m and is posting numbers, including 400% net revenue retention, that put it in the top decile of any enterprise-software vintage. Unframe, the Cupertino-based managed AI delivery platform co-founded by Shay Levi, has raised an additional $50m in funding led by Highland […]
Peter Steinberger, the creator of OpenClaw and an engineer at OpenAI, racked up $1.3 million in API costs in a single month by running approximately 100 Codex instances simultaneously on his open-source project. The bill, which covered 603 billion tokens across 7.6 million requests over 30 days, is the most visible demonstration yet of what […]
