Author: IQ TIMES MEDIA

Legal tech giant Harvey is racing to help lawyers work faster. Startup Fearn wants to help inventors get further before they ever call a lawyer.The startup has raised $5.5 million to build AI software that lets inventors draft patents themselves. Fearn is betting that one of legal tech’s biggest opportunities isn’t serving law firms but helping companies do more legal work, including in-house patent drafting.The company’s investors include Andreessen Horowitz, one of Harvey’s most prominent backers. Kindred Ventures led the seed round, with participation from Designer Fund and Essence Venture Capital.Han Kim, Fearn’s cofounder and chief executive, says the software…

Recent grads face a tough labor market, but there’s rarely an ideal time to job hunt for the first time.”People either out of school, or early in their career, are probably most vulnerable because they don’t have the foundation of experience and skills,” Andy Kofoid, Databricks president of global field operations, told Business Insider. Andy Kofoid is president of global field operations at Databricks.  Databricks Kofoid leads worldwide sales, field engineering, marketing, customer success, professional services, and alliances. at Databricks, a data and AI company valued at roughly $134 billion. He has three children in their 20s, all who have…

If the winter of 2026 saw companies gorge themselves on all-you-can-eat AI, summertime is for counting calories.Prices for some of the most popular tools have risen, and companies that previously asked employees to go all out on AI code are suddenly facing hefty bills. Executives and workers told Business Insider how this new era in AI’s evolution has thrown their workflows and budgets for a loop.Coinbase executive Rob Witoff is sitting front row on the roller coaster. After Anthropic’s Claude launched its much-improved coding model Opus 4.6 in February, Witoff, who oversees the crypto exchange’s infrastructure, said, “Our internal usage…

Alex Imas hasn’t yet seen evidence that AI is driving job losses.During an interview with the “Dwarkesh Podcast,” the director of AGI economics at Google DeepMind and a professor of economics at the University of Chicago was asked if he’s seen any evidence of a white-collar jobs apocalypse. He said no.Still, he warned of a hypothetical scenario that could trigger a “cascade effect” of FOMO-driven job cuts.”Let’s say we get into a narrative where if you’re a firm and you’re not laying people off, then you’re seen as not adapting AI enough,” he said. “That’s super worrying, where the firm…

As tech companies race to secure the computing power needed to train and deploy artificial intelligence systems, Meta is making its first AI infrastructure bet in India, striking a data center partnership with conglomerate Reliance Industries in a market that is rapidly emerging as a hub for AI infrastructure. The partnership, announced on Wednesday, will see Meta collaborate with Reliance on a 168-megawatt AI-enabled data center in Jamnagar, Gujarat, expanding a relationship that has evolved from Meta’s multibillion-dollar investment in Reliance’s Jio Platforms to a $100 million joint venture launched last year to develop enterprise AI solutions for customers in…

If you try asking Anthropic’s new Claude Fable 5 model a simple question about cybersecurity or biology, you may find it’s not up to the task.That’s because the underlying “Mythos-class” model is so powerful that, in order to release it to the general public, it required broad safeguards that can mistakenly flag benign requests, Anthropic said.After some users online said they had triggered the safeguard response with basic prompts about cancer or security, Business Insider put it to the test.I tried asking Fable 5 some simple questions about cancer, like how misinformation about cancer spreads online, and to break down…

Anthropic’s powerful new models deliberately become less helpful when they detect users are working on AI research, according to technical disclosures that are already sparking controversy across the industry.In a system card for Mythos 5 and Fable 5 published Tuesday, Anthropic said it limited the models’ usefulness for tasks related to developing frontier large language models.The company said the measures stem from concerns that advanced AI systems could accelerate the development of competing models without equivalent safety protections.Unlike safeguards used for cybersecurity, biology, or chemistry-related risks, Anthropic said these interventions are intentionally invisible to users. Rather than refusing requests or…

Google just made its budget AI subscription plan a lot more budget-friendly, bringing a price war that’s been brewing in emerging markets squarely to American consumers. The company announced Monday that it is cutting the monthly price of Google AI Plus from $7.99 to $4.99 — while doubling the storage included at that tier, from 200 gigabytes to 400 gigabytes. Vikas Kansal, product lead for Gemini AI subscriptions, said on X that the storage updates would roll out to users over the next several days. Google AI Plus launched in January as the most affordable paid AI subscription in the…

WASHINGTON (AP) — Younger students have regained ground academically after the pandemic’s disruptions, while older students’ test scores continue to stagnate, according to the latest testing data released by the federal government. Nine-year-olds rebounded to pre-pandemic reading scores and saw some recovery in math, according to data from a test taken regularly in the U.S. since the 1970s. The same recovery has not emerged for 13-year-olds, whose average scores in math and reading remain below pre-pandemic averages. In fact, the latest reading scores, from teens who took the test in 2024, are essentially the same level as they were when…

Last year, Justin Ernest noticed a massive gap in how venture capital was working: Family offices and smaller institutional investors were eager to invest in the fastest-growing AI companies but couldn’t get access to those cap tables.  Having spent over five years at Playground Global investing in deep tech and helping lead fundraising, Ernest was confident his connections to both investors and founders would allow him to bridge that gap. Instead of launching a formal VC fund, a process he says takes new managers anywhere from 12 to 18 months, Ernest used his network to secure allocations of stock in…