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Is Wall Street losing faith in AI?

**Wall Street’s AI Reality Check: Beyond the Hype to Practicality?** The initial euphoria surrounding Artificial Intelligence on Wall Street was undeniable. Touted as a panacea for everything from algorithmic trading to personalized client service, AI captured the imagination and significant investment. Today, however, a more nuanced perspective is emerging. Is this a loss of faith, […]

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This startup’s metal stacks could help solve AI’s massive heat problem

**Solving AI’s Overheating Challenge with Metal Stacks** A new startup is generating significant buzz with its innovative approach to one of AI’s most pressing problems: the colossal amount of heat generated by powerful AI accelerators. As AI models grow in complexity and demand, the energy consumption and subsequent thermal management challenges have become a major

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Microsoft built a fake marketplace to test AI agents — they failed in surprising ways

## When AI Met the Market: Microsoft’s Surprising Failures Microsoft recently built a simulated online marketplace, akin to eBay, to test the real-world capabilities of advanced AI agents. The setup was ingenious: agents were given virtual money and tasked with buying and selling digital items, from graphics cards to rare collectibles, with the aim of

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Google makes it easier to access AI Mode in Chrome on iOS and Android

**Google Boosts AI Accessibility in Chrome for Mobile Users** Google is streamlining access to its AI Mode within Chrome on both iOS and Android, making the intelligent features more readily available to users. Previously somewhat tucked away, the AI prompt button is now appearing in more prominent locations, reflecting Google’s push to integrate AI directly

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Replika founder raises $20M pre-seed for Wabi, the ‘YouTube of apps’ 

Replika Founder Secures $20M Pre-Seed for ‘YouTube of Apps’ Venture, Wabi Eugenia Kuyda, the visionary behind the popular AI companion app Replika, has successfully raised a substantial $20 million in pre-seed funding for her latest endeavor, Wabi. Described as the “YouTube of apps,” Wabi aims to revolutionize how users discover and interact with mobile applications,

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Tinder to use AI to get to know users, tap into their Camera Roll photos

**Tinder Leverages AI, Eyes Camera Rolls for Deeper User Insights** Tinder, the pioneering dating app, is reportedly set to integrate advanced Artificial Intelligence to revolutionize how it understands its users, with plans to delve into Camera Roll photos as part of this ambitious overhaul. The move aims to transcend superficial swiping by creating more nuanced

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Apple nears deal to pay Google $1B annually to power new Siri, report says

**Apple Reportedly Nearing $1 Billion Annual Deal with Google for Enhanced Siri AI** A recent report indicates that Apple is close to finalizing a significant agreement with Google, potentially paying the search giant approximately $1 billion annually. The substantial payment is reportedly for the use of Google’s Gemini artificial intelligence models, which would power a

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Pinterest CEO touts open source AI: ‘tremendous performance’ with reduced costs

## Pinterest CEO Praises Open Source AI for Performance, Cost Savings Pinterest CEO Bill Ready recently lauded the “tremendous performance” and significant cost reductions his company has achieved by embracing open-source artificial intelligence. Ready highlighted that leveraging publicly available AI models has not only met but often exceeded the performance benchmarks set by proprietary alternatives,

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Google Maps upgrades navigation in India with Gemini, safety alerts

**Google Maps Enhances India Navigation with Gemini AI and Safety Alerts** Google Maps is rolling out significant upgrades for its users in India, integrating advanced AI capabilities with Gemini and introducing new safety-focused alerts. These enhancements aim to provide a more intuitive, informed, and secure navigation experience across the country. A key feature is the

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