Character.AI, one of the first breakout startups of the generative AI boom, has filed for bankruptcy and is selling some of its assets to Disney. The chatbot company had faced mounting scrutiny and lawsuits over the safety of its bots.
The IMF's managing director describes AI's effect on employment as a slow-moving tsunami. She says it will hit young graduates first.
Anthropic says it has greatly strengthened Claude's protections against companies trying to copy its models. Early results look strong, but the new restrictions could make life harder for developers.
Amazon is in talks to acquire AI startup Decart in a deal that could value it at about $7 billion, The Wall Street Journal reported. A deal could come soon if the talks hold.
Semiconductor shares fell on Tuesday after Broadcom's CEO compared many AI investors to casino gamblers. Samsung shares also dropped after Chinese memory maker CXMT reported good progress on a new chip architecture.
Aramco Digital, the tech arm of Saudi oil giant Aramco, is partnering with startup OrbitronAI to build and sell AI tools for oil and gas, power, mining, transport and manufacturing. The tools aim to recover money lost to slow decisions and scattered data.