Meta, the parent company of Facebook, has invested $14.8 billion in Scale AI, a data-labeling startup, in a deal that values the company at $29 billion. As part of the agreement, Scale AI’s 28-year-old CEO, Alexandr Wang, will step down to join Meta’s artificial intelligence (AI) initiatives.
Two years after ChatGPT kickstarted the generative AI revolution, one area stands out for actually making money — writing code. A wave of AI startups is racing to reshape software development by automating the grunt work of programming, and investors are pouring in billions to back the early frontrunners.
Chinese AI startup DeepSeek has released an update to its R1 reasoning model. The new version, named R1-0528, was published on developer platform Hugging Face on May 29, although the company has not yet issued an official announcement.
The evolution of artificial intelligence (AI) has been one of the most defining narratives of our generation. Once the stuff of science fiction, AI has swiftly moved from labs and research papers into everyday life. From enabling virtual assistants to powering financial services and healthcare diagnostics, AI today is not just transforming how we work - it’s redefining what work means.
Google DeepMind has unveiled two new AI systems that collectively solved four of six problems from this year's International Mathematical Olympiad (IMO), performing at the level of a silver medalist. According to an official blog post by Google, this marks the first time AI has achieved such a level in the world's most elite high school math competition.
Klarna, a Swedish fintech company, once bragged that its AI could replace 700 customer service jobs, but is now scrambling to rehire human workers after its chatbot experiment backfired. Just months after freezing hiring and letting its workforce shrink by 22% through attrition, CEO Sebastian Siemiatkowski admitted the company’s aggressive AI shift sacrificed service quality.
Fidji Simo, the current CEO of Instacart, is set to join OpenAI as CEO of Applications, the company announced on May 7.
The marketing world is undergoing a seismic transformation. As generative artificial intelligence (gen AI) matures from a technical novelty into a strategic necessity, marketing professionals are being forced to adapt at a pace unprecedented in recent memory. No longer confined to the realms of data science or IT, AI has become central to the everyday operations of marketing departments, not just enhancing productivity, but fundamentally reshaping the structure, skills, and strategy of marketing teams worldwide.
Duolingo, the language learning app, will phase out contractor roles for tasks that artificial intelligence can handle, according to a recent internal email from cofounder and CEO Luis von Ahn announcing the company's shift to an "AI-first" approach. The message, posted on Duolingo's official LinkedIn account, outlines plans to restructure operations around AI capabilities.
Meta, the parent company of Facebook, has invested $14.8 billion in Scale AI, a data-labeling startup, in a deal that values the company at $29 billion. As part of the agreement, Scale AI’s 28-year-old CEO, Alexandr Wang, will step down to join Meta’s artificial intelligence (AI) initiatives.
Two years after ChatGPT kickstarted the generative AI revolution, one area stands out for actually making money — writing code. A wave of AI startups is racing to reshape software development by automating the grunt work of programming, and investors are pouring in billions to back the early frontrunners.
Chinese AI startup DeepSeek has released an update to its R1 reasoning model. The new version, named R1-0528, was published on developer platform Hugging Face on May 29, although the company has not yet issued an official announcement.
The evolution of artificial intelligence (AI) has been one of the most defining narratives of our generation. Once the stuff of science fiction, AI has swiftly moved from labs and research papers into everyday life. From enabling virtual assistants to powering financial services and healthcare diagnostics, AI today is not just transforming how we work - it’s redefining what work means.
Google DeepMind has unveiled two new AI systems that collectively solved four of six problems from this year's International Mathematical Olympiad (IMO), performing at the level of a silver medalist. According to an official blog post by Google, this marks the first time AI has achieved such a level in the world's most elite high school math competition.
Klarna, a Swedish fintech company, once bragged that its AI could replace 700 customer service jobs, but is now scrambling to rehire human workers after its chatbot experiment backfired. Just months after freezing hiring and letting its workforce shrink by 22% through attrition, CEO Sebastian Siemiatkowski admitted the company’s aggressive AI shift sacrificed service quality.
Fidji Simo, the current CEO of Instacart, is set to join OpenAI as CEO of Applications, the company announced on May 7.
The marketing world is undergoing a seismic transformation. As generative artificial intelligence (gen AI) matures from a technical novelty into a strategic necessity, marketing professionals are being forced to adapt at a pace unprecedented in recent memory. No longer confined to the realms of data science or IT, AI has become central to the everyday operations of marketing departments, not just enhancing productivity, but fundamentally reshaping the structure, skills, and strategy of marketing teams worldwide.
Duolingo, the language learning app, will phase out contractor roles for tasks that artificial intelligence can handle, according to a recent internal email from cofounder and CEO Luis von Ahn announcing the company's shift to an "AI-first" approach. The message, posted on Duolingo's official LinkedIn account, outlines plans to restructure operations around AI capabilities.
A California high school student has made an extraordinary contribution to astronomy by developing an artificial intelligence (AI) system that uncovered 1.5 million previously unknown objects in space. Seventeen-year-old Matteo Paz's work, conducted through Caltech's Planet Finder Academy, has now been published in 'The Astronomical Journal' – a remarkable achievement for a single-author paper by a teenage scientist.
