Anthropic is shutting down its Fable project. The move could benefit open-source AI development. However, many of the AI models currently gaining traction are Chinese.
Qualcomm CEO Cristiano Amon expressed strong optimism about the future of smart glasses, stating they could eventually match the scale of the smartphone market. The comment was made in a discussion with CNBC. No specific product announcements or timelines were provided.
A year ago, Meta hired AI entrepreneur Alexandr Wang to spearhead a new AI strategy, marked by a massive spending spree. The AI model developed under his oversight has so far produced underwhelming results. CEO Mark Zuckerberg now faces the challenge of marketing this model despite its lackluster performance.
ChatGPT reached one billion monthly active app users in May, according to CNBC. The milestone arrives as public unease over AI ethics and environmental costs grows. The rapid adoption highlights sustained demand for OpenAI's chatbot despite mounting negative sentiment.
Coinbase announced a tool that enables AI agents to execute trading and payments, reflecting the company’s strategic bet that AI agents will become the main interface for people’s financial activity. The launch integrates autonomous agent capabilities into cryptocurrency and payment infrastructure. This move positions Coinbase at the intersection of AI and fintech, targeting a future where software agents handle routine financial tasks on behalf of users.
OpenAI announced the acquisition of Ona, whose technology enables the company's AI coding assistant Codex to handle longer-running tasks. The deal aims to enhance Codex's ability to manage extended coding sessions and complex development workflows. No financial terms were disclosed.