DeepSeek founder Liang Wenfeng is now the world’s richest AI founder with a $36 billion fortune after the company’s latest funding round valued the startup at $50 billion. Chinese entrepreneur Liang Wenfeng has become the richest founder of an artificial intelligence model company after DeepSeek’s latest funding round. Bloomberg’s Billionaires Index now estimates his net…
Apple sues OpenAI, accusing the AI company of using stolen trade secrets to build new AI devices. Here’s what the lawsuit means for the future of AI hardware. Apple has dragged OpenAI to court over claims that the AI company used its secret information to build new AI hardware. The lawsuit was filed in a…
SK Hynix raises $26.5 billion in a record US share sale, plans bigger investments as demand for artificial intelligence keeps growing. SK Hynix has made history with a massive $26.5 billion share sale in the United States. The South Korean chip maker completed the biggest US stock market listing ever by a foreign company. It…
Microsoft cuts 4,800 jobs as Xbox begins its biggest restructuring ever. Four game studios will leave the company while Xbox focuses on growth and major franchises. Microsoft has announced another major round of job cuts. This time, the company is letting go of 4,800 employees across different departments. The biggest impact will be on Xbox….
The UK’s National Health Service (NHS) is taking another big step with artificial intelligence. Soon, the NHS app will use an AI triage tool to help patients find the right healthcare service faster. Instead of waiting on long phone calls, users will answer a few simple questions. Then, the system will recommend the best option….
OpenAI could soon make one of its biggest business moves yet. Reports say the ChatGPT maker is discussing a plan to give the US government a 5% stake in the company. However, it has already sparked major conversations across the tech world. If approved, the proposal could also encourage other American AI companies to offer…
The US lifts export bans on Anthropic’s Fable 5 and Mythos 5 AI models after new safety measures. Here’s what changed and why it matters The United States has removed export restrictions on Anthropic’s latest AI models, Fable 5 and Mythos 5. The decision comes less than three weeks after the company was ordered to…
WhatsApp is finally fixing one of its biggest privacy issues. Soon, users can chat using WhatsApp usernames instead of sharing phone numbers. The company announced on Monday that people can now reserve unique usernames before the feature rolls out later this year. With more than three billion users worldwide, the update could change how millions…
Ford rehires human engineers after AI failed quality checks. The company says experienced workers remain vital for building reliable vehicles Artificial Intelligence keeps making headlines. However, Ford has discovered that human experience still matters. The American carmaker has rehired more than 300 veteran engineers after its AI systems failed to meet quality standards. The company…
South Korea unveils $576 billion AI chip investment with Samsung and SK Hynix to boost semiconductor production and strengthen its global AI leadership. South Korea is making one of its biggest technology bets yet. President Lee Jae Myung has announced AI and semiconductor projects worth more than $576 billion. The massive investment aims to keep…
