Alibaba is raising $10.2bn and spending all of it on AI
Artificial Intelligence
A lawsuit says Oura’s sleep stages are AI guesses with a coin flip’s odds
Artificial Intelligence
Nvidia AI server prices are rising more than 15% from early next year
Artificial Intelligence
China’s AI and chip firms are handing out shares to keep their engineers
Artificial IntelligenceLatest news
META
Meta launched Pocket in the US, and the app it came from shut down the same day
Meta has rolled out Pocket nationwide, an app that turns prompts into small interactive posts called gizmos. It came from the team behind Gizmo, which Meta hired in March and whose original app was wound down on the day Pocket launched.
ARTIFICIAL INTELLIGENCE
Alibaba is raising $10.2bn and spending all of it on AI
The Hong Kong placement is the largest primary follow-on by a locally listed company, and it is roughly half of what the EU has committed to its entire AI gigafactory programme
ANTHROPIC
Anthropic’s enterprise venture has bought its second consultancy in four months
Ode, the $1.5 billion company Anthropic set up with Blackstone to sell AI implementation, has acquired Casper Studios. It is the second consultancy Ode has absorbed since May, and the announcement gives no price.
DATA AND SECURITY
TikTok will pay $400mn over children’s privacy, a number Europe reached in 2023
The settlement ends a case begun in 2024 over under-13s on the platform, with no admission of liability and compliance terms that outlast the money
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