Designing and developing a new medicine is an expensive, failure-prone scientific challenge. A new drug can take many years to develop, at the cost of a significant investment. And even then, most possible candidates never reach the patient. For biologic medicines, therapies made from engineered proteins rather than synthetic chemistry (which are often used to…
Jeff Bezos has found a new place to advertise Amazon’s artificial intelligence, and it happens to be the screen where you were hoping to watch a film. Amazon’s executive chairman is pushing a redesign of Prime Video, known internally as Lighthouse, mea…
AI systems need constant, costly retraining. European AI startup kausable raises €12 million in a seed funding round to solve this problem by developing reasoning-first frontier AI that adapts efficie…
Server processors were meant to be the boring corner of the AI boom. The exotic money went to graphics accelerators, while the central processing units sitting beside them were treated as a solved problem, cheap, plentiful, and interchangeable. That as…
Denis Machuel runs the world’s largest staffing company, which makes his read on the labour market worth pausing over. This week the Adecco Group chief executive offered it plainly: artificial intelligence is remaking work, but it is not about to empty…
Sundar Pichai spent Alphabet’s Wednesday earnings call doing something he is not used to doing: arguing that Google is not, in fact, falling behind in artificial intelligence. Analysts wanted to know why the next Gemini model had slipped, and whether t…
In 1914, Sigmund Freud borrowed a figure from Ovid and handed psychology one of its most durable terms. In his essay On Narcissism, the myth of Narcissus, the youth who fell in love with his own reflection and wasted away in front of it, became a way o…
Berlin-basedAI startup telli has raised $15 million in a seed funding round to expand itsAI platform for customer-facing operations. The round was led by redalpine,with participation from Mutschler, C…
AI Startup Corgi Fundraises Yet Again, At $4 Billion Valuation
IBM cut its full-year sales outlook on Wednesday after reporting a sharp drop in demand for its mainframe business, lowering its revenue growth target to four to five percent from a prior forecast of more than five percent. The company also trimmed its…