Fidji Simo announced her departure from OpenAI’s senior leadership the way many people learn hard news about their own bodies, gradually and then all at once. In a message on Thursday, she said a three-month medical leave had not gone as hoped, that recovery would be longer and more complicated than expected, and that she […]
Italy’s postal service has spent a century and a half moving letters, parcels and pension payments around the country. Now it wants to move data. Poste Italiane, which still hands out state pensions through roughly 12,600 branches, has cast itself as an unlikely contender in Europe’s scramble to build the infrastructure behind AI. The bet […]
Every organization has two technology environments. The one that IT built, documented, and maintains visibility over, and the one that employees assembled around it to get their work done faster. The second environment is shadow IT, and in most enterprises, it is larger, more varied, and more deeply embedded in daily operations than security teams […]
John Deere owners can finally fix their own machines. The US Federal Trade Commission and five states have reached a settlement with the tractor giant that forces it to share the software and tools needed for repairs, the Associated Press reported. It is the largest right-to-repair win in the US so far. The fight was […]
The pitch for enterprise AI usually starts with the model. Mark Hura, Oracle‘s president of global field operations, wants to flip that. He spoke on stage at the RAISE Summit in Paris. The companies winning with AI, he argued, are not shopping for an AI stack at all. They are chasing an outcome. Take a […]
Oxylabs has raised $130M from private equity firm Warburg Pincus. It is the company’s first outside investment since it launched in 2015. The deal values the Vilnius-based data infrastructure firm at around $3.6bn. Oxylabs announced the raise on Thursday. The figure is striking for a firm that bootstrapped its way to the top. Oxylabs says […]
Block, the payments company chaired by Jack Dorsey, has agreed to pay $45 million to settle claims from 46 US states that it mishandled fraud on Cash App, its money-transfer and digital-banking app. The settlement is the latest sign that state regulators are moving into ground the Consumer Financial Protection Bureau (CFPB) has vacated under the Trump […]
Qube Research & Technologies, one of London’s largest quantitative hedge funds, is doing something that would once have looked heretical for a firm built on code: it is hiring humans to pick stocks. The move, reported by Business Insider, places the fund alongside a small group of systematic managers that have begun to blend algorithms with […]
Europe’s drive for sovereign AI has rarely looked more urgent, yet the infrastructure meant to carry it may not be ready. As Washington tightens access to its most capable models and Brussels leans harder into the case for European AI sovereignty, a new survey from Onnec warns that the continent’s ambitions could be strangled by the plain […]
Artificial intelligence has moved out of the office and the university lecture hall and into the primary school classroom, and a fresh survey suggests plenty of parents are uneasy about it. Half of those polled said they were worried their child “relies on AI too much,” according to Deloitte’s annual back-to-school study. The figure comes […]
