Author: IQ TIMES MEDIA
The recent AI-inspired software meltdown is an enormous overreaction. SaaS companies are going to do just fine. In fact, they might see their businesses boom as a result of AI.After working for decades in the IT and cloud sectors, I know what it takes to build, sell, and maintain complex enterprise software. And it’s clear to me that AI is not the threat that many investors fear. Let’s look at the three main concerns that the market is obsessing over. All of them have shortcomings that will keep established SaaS vendors doing well.Enterprise DIY Software development has been transformed by…
True artificial general intelligence is on the way, but it still has some ways to go, said Google DeepMind’s CEO.Speaking at an AI summit in New Delhi, Demis Hassabis was asked whether current AGI systems can match human intelligence. AGI is a hypothetical form of machine intelligence that can reason like people and solve problems using methods it was not trained in.Hassabis’ short answer: “I don’t think we are there yet.”He listed three areas where current AGI systems are falling short. The first was what he called “continual learning,” saying that the systems are frozen based on the training they…
In Europe, there’s been a lot of handwringing over why there are very few large, successful tech companies in the region. Peter Steinberger, the creator of the agentic AI hit OpenClaw, has an answer.Steinberger was recently hired by OpenAI and is moving from Europe to the US. An Austrian by birth, he previously split his time between London and Vienna.On X, a professor from a European university asked why Europe couldn’t retain this tech talent.Steinberger replied that most people in the US are enthusiastic, while in Europe, he’s scolded about responsibility and regulations.If he built a company in Europe, he…
Perplexity is going full steam ahead with subscriptions and business sales and plans to focus more on monetization than it has in the past, executives said at a roundtable with reporters on Monday.The AI search startup, based in San Francisco, is the latest to publicly distance itself from putting ads in chatbot answers, with one executive saying it isn’t exploring any ad deals at the moment. That’s a contrast to OpenAI, which is going all in on ads, while arch-rival Anthropic has publicly touted the opposite.One Perplexity executive said the startup is increasingly targeting large businesses. The company has only…
The rivalry between xAI and OpenAI is heating up again — this time, over wood-fired pizza.Over the weekend, Elon Musk and an OpenAI engineer jockeyed on X about wood-fired crusts, dough fermentation, and campus chefs.On its face, it was a lighthearted back-and-forth about free pizza for lunch. Underneath, it encapsulates a trend playing out in Silicon Valley: rival AI companies are publicly pitching culture — and perks like free lunch — in the talent war for top engineers.The exchange began when Musk reposted a video of an xAI engineer calling his job the “opportunity of a lifetime.””Join @xAI,” Musk wrote.…
Public health officials are investigating a Salmonella outbreak linked to Rosabella-brand moringa powder, according to the U.S. Centers for Disease Control and Prevention.The CDC, Food and Drug Administration and state public health officials are looking into drug-resistant Salmonella infections linked to some lots of the product.Seven illnesses, three of which resulted in hospitalizations, across seven states could be linked to the Rosabella capsules, according to the FDA, which said it continues to investigate the outbreak. At least one Salmonella case has been reported in Arizona, Florida, Iowa, Illinois, Indiana, Tennessee and Washington.Ambrosia Brands, the product’s distributor, has voluntarily recalled potentially contaminated product…
Did that computer you were eyeing jump in price? Is that gaming handheld out of stock? You might want to practice a new refrain: Thanks, memory shortage.As AI companies demand increasingly large troves of chips to power their large language models, memory chips remain in short supply. That’s bad news for much of the consumer electronics market, which relies on DRAM and NAND memory chips.The research firm IDC expects “significant pressure on the memory ecosystem,” warning that supply growth would be below historical norms this year. Electronics companies from Valve to Framework have already changed their sales procedures because of…
Late last month, The Information reported that Apple was developing an AI wearable—an AirTag-sized pendant with cameras that could be pinned to a user’s shirt. Now, Bloomberg writes that the development of such a device—along with two other AI-powered items—is accelerating, as Apple looks to stay competitive with other tech giants who are racing to release similar products. In addition to the AI pin, Apple is also speeding up the development of its upcoming AI-powered smart glasses, which have been code-named N50, the report claims. Apple obviously has competition in this space, as other companies—including Meta (which is arguably the…
Amazon has pulled the plug on one of its newest warehouse robots, a few months after unveiling it.Blue Jay, a multi-armed robotic system Amazon launched in October for its same-day delivery warehouses, quietly shut down in January, according to people familiar with the matter.Many employees who worked on the project were reassigned to other robotics initiatives, the people added, while asking not to be identified discussing private matters.The move shows how hard it is to develop AI robotics technology that’s useful and cost-effective. Generative AI has made huge gains in the digital world, thanks to free training data on the…
2026-02-17T19:20:36.269Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Indeed survey data paints a stark picture of uneven AI engagement across advanced economies.The chart below shows a clear frontrunner: Ireland stands out, with roughly seven in ten workers using AI at least monthly for work, followed by Australia, Germany, and North America. At the other end sits Japan,…