Author: IQ TIMES MEDIA
Nvidia is playing fast and loose with its war chest as it looks to build on its momentum as the chief benefactor of the AI boom. The company on Tuesday signed a €1 billion ($1.15 billion) partnership with Deutsche Telekom to set up an “AI factory” in Munich that aims to boost Germany’s AI computing power by 50%. Called the “Industrial AI Cloud,” the project will use more than 1,000 Nvidia DGX B200 systems and RTX Pro Servers with up to 10,000 Blackwell GPUs to provide AI inferencing and other services to German companies while complying with German data sovereignty…
Humans might not be driving robotaxis in the future, but that doesn’t mean they won’t be working in them.Lyft CEO David Risher has floated the idea of a “car tender” who can carry luggage and make drinks as a robotaxi takes passengers from A to B.”I think there will be fun things that people are going to be doing in the cars that are not just driving. It’s making drinks, it’s telling stories, it’s being the local guy,” Risher said on an episode of The Verge’s “Decoder” podcast published Monday.Risher said it would be “many, many years” before autonomous vehicles…
AI is fueling a surge in cyberattacks. Startups, especially in Israel, are rushing to use their own AI to stay one step ahead of the bad guys.The latest is Tel Aviv-based Daylight, which closed a $33 million Series A round led by Craft Ventures, the San Francisco firm cofounded by PayPal and SpaceX backer David Sacks. The funding comes as Google is attempting to close its $32 billion acquisition of Wiz, another Israeli-founded security firm, in what could be one of the largest cybersecurity deals ever.Funding for Israeli security startups nearly doubled last year compared to 2023, reaching a level…
ClickUp has redesigned its productivity platform and released new AI assistant features as it aims to create a one-stop shop for customers. The company said core parts of this release were possible because of its acquisition of Qatalog, the enterprise search startup that had raised more than $29.5 million from backers like Salesforce Ventures, Atomico, Prototype Capital, Mosaic Ventures, Tiny VC, and Possible Ventures. ClickUp is launching two types of AI agents with its 4.0 release. The first one is an agent that is present in all communication channels. The agent is designed to proactively look for questions people might…
Amazon announced on Tuesday that Alexa+, its upgraded assistant powered by AI, is coming to the Amazon Music app for iOS and Android devices. The feature is currently available across all Amazon Music subscription plans, but is only available for users with Alexa+ Early Access. (To access Alexa+, tap the “a” button in the lower right corner and ask your question using the built-in microphone on your phone. ) The introduction of Alexa+ to Amazon Music aims to create a more conversational approach to music discovery. Unlike the previous version of Alexa, which only responded to basic commands, Alexa+ is designed…
The board of a South Florida college is appealing a judge’s ruling temporarily blocking officials from giving away a parcel of prime real estate in downtown Miami to be used for President Donald Trump’s future presidential library. Attorneys for the District Board of Trustees of Miami Dade College filed a notice of appeal in Florida’s 3rd District Court of Appeal on Tuesday, challenging a lower court’s injunction that bars the transfer of the property — at least for now.Last month, Circuit Judge Mavel Ruiz sided with a Miami activist who alleged that college officials violated Florida’s open government law when…
Appian CEO Matt Calkins said many companies are deploying AI incorrectly. It starts with something as simple as reviewing résumés.”We’re trying to be all modern and everything, but the reason I don’t like that is we’re trying to hire at a very elite level, and I think if we use AI, we’re going to start checkboxing,” Calkins told Business Insider during a recent dinner with reporters.AI has upended job hunting and hiring.While major companies like Google and Salesforce told Business Insider earlier this year that they use AI to assist in reviewing candidates, many still rely entirely on recruiters for…
Impersonations are to AI agents what hallucinations are to large language models, says Cohere’s chief AI officer.Companies are integrating AI agents, which perform multi-step tasks independently, to speed up work and cut costs. Business leaders like Nvidia’s Jensen Huang say companies could have armies of bots. But they come with risks.”One of the features of computer security in general is, often it’s a bit of a cat-and-mouse game,” said Joelle Pineau on an episode of the “20VC” podcast released on Monday. “There’s a lot of ingenuity in terms of breaking into systems, and then you need a lot of ingenuity…
“Big Short” investor Michael Burry backed his market bubble warning with big money.Burry’s hedge fund, Scion Asset Management, made massive bearish wagers using put options — contracts that profit when share prices fall — on Nvidia and Palantir Technologies, according to a regulatory filing released Monday for the quarter ending September 30.Scion disclosed a 1 million-share equivalent put on Nvidia valued at about $186.6 million, and a 5 million-share equivalent put on Palantir worth roughly $912 million.Scion didn’t respond to a request for comment from Business Insider sent outside regular business hours. The filing shows trades from the last quarter,…
Jemal Countess/Getty Images for Jacob Helberg 2025-11-04T00:54:40Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link 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. Palantir CEO Alex Karp touted a “disciplined” hiring practice amid tech layoffs. Tech giants like Microsoft and Amazon are laying off a large number of workers. Economic uncertainty is growing with missed hiring expectations and a government shutdown. Palantir is proud of its…