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XAI Bets on Grok’s Racy Side

SpaceX’s xAI is doubling down on video- and image-generating tools, people familiar with the project said. That’s seizing on an opening left by OpenAI and Anthropic, which offer fewer visual capabilities. XAI launched an upgraded video model last week, highlighting how it’s pushing ahead with its own visual efforts even as it brings in outside help to compete with rivals in areas like coding. SpaceX also touted the popularity of its AI video tools ahead of its blockbuster IPO. What SpaceX...

Qualcomm to Acquire Startup Modular for Nearly $4 Billion

Qualcomm has been looking for ways to compete better with rivals in the AI data center chip market. 

Compute Data Startup Ornn Raises $33 Million in Andreessen Horowitz-led Round 

The money will allow Ornn to expand from offering indices to creating a marketplace for buying and selling compute.

OpenAI and Broadcom Unveil AI Server Chip

The chip is a big step forward in OpenAI's effort to reduce its reliance on Nvidia chips and control its own hardware.

Alibaba Sues Pentagon Over Military Blacklist

Alibaba says the Pentagon’s claim of the company’s Chinese military ties has no basis.

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OpenAI Execs Tout Ad Progress at Cannes

Ads for travel, retail, health and beauty and financial services products have been performing best thus far, OpenAI's ad chief said.

Meta Is Building a Prediction Markets App

The company is developing a new app that could let users bet on real-world events, as part of a broader push to launch new standalone apps.

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Meta Unveils New Smart Glasses for $299

The launch marks the first of four smart glasses lines Meta plans to release this year.

Nvidia Launches Open-Source Software For Life Sciences

Nvidia’s software efforts are aimed at getting more companies hooked on AI that runs on its famed server chips.

ByteDance Unveils Seedance 2.5 Video Model

The new model upgrades its predecessor, Seedance 2.0, which went viral but also faced copyright disputes with Hollywood studios.

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Trump Signs Sweeping Quantum Executive Orders

The two orders strengthen cybersecurity safeguards and coordinate government investment.
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