Silicon Valley’s top A.I. companies are locked in a cutthroat race to build artificial general intelligence (AGI). But Cohere, a quieter Canadian rival, is charting a difference course. Instead of chasing AGI, the company is focused on using A.I. to streamline business operations—and its leadership isn’t impressed with competitors touting imminent breakthroughs. “I don’t think…
Through a recruiting frenzy that has included $100 million bonus offers, personal meetings and aggressive poaching tactics, Mark Zuckerberg has hired roughly 50 new A.I. researchers at Meta in record time. But keeping that talent at the company is proving to be a different challenge. Several recent hires, along with a few longtime staffers, have…
The mainstream rise of generative A.I. in recent years has fueled concerns that the technology could eat into human job prospects. A new Harvard study suggests those fears may be justified. Junior workers, in particular, have seen sharp declines in employment since 2023 at companies adopting A.I.—a trend that raises questions about the financial future…
Nvidia delivered another estimate-beating quarter, but regulatory setbacks and U.S.-China tensions are casting doubt over its core data center business even as Wall Street continues to demand more from the world’s most valuable public company. Revenue for the May–July quarter jumped 56 percent year-over-year to $46.7 billion, while net income climbed 59 percent to $26.4…
Serena Williams, the tennis legend turned businesswoman, has taken on a new role as global ambassador for Ro, the telehealth company best known for its weight loss treatments, including the increasingly popular GLP-1 injections. The partnership marks a high-profile breakthrough for the booming weight loss sector—and a family affair. Williams’ husband, Reddit co-founder Alexis Ohanian, is…
As if entering the workforce wasn’t daunting enough, the rise of generative A.I. is dampening the prospects of young workers across the U.S. Early-career workers aged 22 to 25 have experienced a 13 percent relative decline in employment across jobs most exposed to A.I., such as coding and customer service, according to a new Stanford…
It’s been a fiery few months for Starship, the 400-foot-tall SpaceX rocket at the heart of Elon Musk’s ambitions to colonize Mars. Several recent test flights ended in failure, with prototypes exploding or losing their upper-stage spacecraft. But at 7:30 p.m. ET last night (Aug. 26), SpaceX pulled off a stunning comeback, successfully completing its…
Nvidia CEO Jensen Huang finds himself in an increasingly difficult balancing act in China. After months of effort persuading President Trump to ease restrictions and allow the company to resume A.I. chip sales to the country, Huang was hit with an unexpected reversal: Last month, Chinese regulators moved to block Nvidia’s H20 chips, forcing the…
Perplexity AI, a startup that has previously come under fire from online publishers, is attempting to rebuild trust with media players through revenue-sharing agreements. But that effort hasn’t stopped complaints about how the company surfaces content. Its latest challenge comes from Japanese media groups Nikkei and Asahi Shumbun, which today (Aug. 26) filed a joint…
Nvidia CEO Jensen Huang knows a thing or two about spotting the next big wave. Back in the 2010s, when his company was still best-known for gaming hardware, he began steering it toward breakthroughs in A.I.—a gamble that transformed Nvidia into the world’s most valuable public company. Now, Huang has his sights set squarely on…
