Srini Tallapragada, 14-year Salesforce veteran who has served as president and chief engineering officer since 2019, is stepping down to serve as an advisor, the company revealed in a regulatory filing. Rohan Kumar, a 28-year Microsoft cybersecurity product veteran who joined Salesforce in June as president and chief platform officer, will be taking on Tallapragada’s duties in an expanded role

A Meta Platforms artificial intelligence model accessed the internet during cybersecurity testing and hacked into another company, according to people familiar with the matter, in the latest in a string of such incidents at major AI firms. Meta’s Muse Spark 1.1 model breached the systems of a ...

Meta Platforms unveiled a new coding model, Muse Code beta, on Wednesday alongside its latest AI model, Muse Spark 1.2. In a Threads post, CEO Mark Zuckerberg said Muse Code can delegate complex tasks to “sub-agents,” allowing developers to split programming tasks among multiple AI agents, instead of relying on a single AI agent. The release marks Meta’s latest effort to narrow the gap with

The Trump administration hosted tech companies including OpenAI, Anthropic and Google at the White House on Tuesday to brief them on its new voluntary AI framework, which was created as part of an early June executive order . The framework provides a system for top AI labs to share their models with the government before releasing them to the public and partners, though it is still unclear how

Apollo Global Management is looking to turn its blockbuster $35 billion Broadcom financing deal into repeat business, naming a new leader to coordinate teams and land more financing business from chipmakers and other tech companies at the center of the AI build-out. The firm in recent months ...

Google announced major changes to its artificial intelligence operations, with Demis Hassabis stepping aside as Google DeepMind’s chief executive to become its chairman and longtime AI scientist and executive Jeff Dean leaving the company to co-found a startup. CEO Sundar Pichai said Hassabis, who shared a Nobel Prize in 2024 for work on using AI for protein folding, will also become chief

After helping elect President Trump in 2024, the crypto industry had high hopes for getting legislation providing a clear regulatory framework for the sector—which the industry hoped would unlock a huge wave of new interest from big money and mainstream investors alike.That bill, known as the ...

Walt Disney Co.‘s entertainment streaming service grew 11% in the June quarter, the company reported Wednesday, just a couple of percentage points behind industry leader Netflix. But Disney’s results showed that growth is coming almost entirely from the subscription side, rather than advertising. That highlights the extremely competitive nature of the streaming ad market, which is crowded with

Uber CEO Dara Khosrowshahi said the company expects to invest $10 billion in “the coming years” to bringing self-driving cars onto its service, both through investments in autonomous vehicle firms and expanding infrastructure for autonomous vehicles such as managing fleets of cars. Uber has partnered with a very wide range of autonomous vehicle developers, making their cars available on its

As Meta Platforms races to catch up with Anthropic and OpenAI, it’s asking thousands of engineers to use its in-house AI coding agent, MetaCode, in their day-to-day work in an effort to improve the coding capabilities of its AI models.Maher Saba, vice president of Meta’s Applied AI Engineering ...

ByteDance won’t resort to distillation as a shortcut to advancing its AI model capabilities, even if that means the company lags behind domestic rivals for now, founder Zhang Yiming told employees during a meeting last month. One reason, say people close to the company, is ByteDance’scomplicated ...

When Hongyuan Lu finished his doctorate program in AI and engineering a year ago, he reached out to some investors to see if he could raise money for a startup to build world models, AI systems that can understand and simulate the physical world. But the investors, who were focusing on AI agent ...

Question: How is the 24-year-old SpaceX like a young startup? It’s burning twice as much cash as it brings in as revenue! That’s one takeaway from SpaceX’s first earnings report as a public company, in which the company revealed it burned $16 billion in the second quarter, on $7.8 billion in ...

OpenAI gave a full-throated response to Apple’s lawsuit filed last month alleging theft of trade secrets. In a blog post on Tuesday, OpenAI called the lawsuit “careless, aggressive and oddly personal.” In the post, OpenAI detailed several issues it had with Apple’s lawsuit, including the iPhone maker’s accusation that one of its former employees, Chang Liu, deliberately took confidential

What an ending. Airtable, valued at $11 billion in 2021 after a trio of funding rounds in under two years, is being acquired by Italian conglomerate Bending Spoons for just $1.285 billion in cash, the companies said on Tuesday. The price tag for the once-hot productivity app seems like a blow to ...

SpaceX’s second-quarter earnings showed how the company is spending heavily to build up its AI business, even as the company reported $7.8 billion in revenue, up 92% from the previous year. SpaceX’s revenue was primarily driven by its Starlink satellite internet service and AI business. The company also reported more than $18.3 billion in capital expenditures during the second quarter, the

Coinbase and some other tech-savvy firms such as Shopify and Ramp have built their own AI coding agents for internal use, giving their employees an alternative to pricey options from firms like Anthropic and OpenAI.Coinbase, the cryptocurrency exchange, built an AI coding agent called Forge, ...

Polymarket is in early talks to raise about $1 billion at more than $20 billion valuation, Bloomberg reported , citing unnamed people familiar with the matter. The prediction market has also completed its earlier fundraising round of about $1 billion at a $15 billion valuation in April, with D.E. Shaw and G Squared as new investors. Intercontinental Exchange, the parent of the New York

AI that generates realistic voices has come a long way. It powers applications like ChatGPT, phone-based customer support and increasingly helps businesses solicit verbal feedback from their customers about products or experiences.One AI startup in that field is San Francisco-based Listen Labs, ...

In 2016, Elon Musk defended Tesla’s proposed acquisition of SolarCity, a solar energy firm co-founded and run by his first cousins, by calling it a “no-brainer.” As it turned out, the purported benefits of the $2.6 billion deal, which brought a cash-burning, debt-laden firm under the Tesla ...