New data shows vulnerability exploits are the leading cause of security breaches, outpacing even phishing. The speed of attacks is the real shocker, with exploits appearing within hours of a flaw being disclosed.
According to Techmeme, Meta’s revenue grew 22% YoY to $201B, with 98% from ads. A key driver is Reels, which hit a $50B annual run rate in October, powered by over 2B advertisers using Meta’s AI tools. Analyst estimates show Meta now enjoys higher Revenue Per Thousand Hours than Netflix in the US.
Nvidia is pouring another $2 billion into CoreWeave, deepening a partnership that includes buying unsold compute capacity and now gaining early access to Nvidia’s new Vera CPU. The move comes as CoreWeave plans a staggering $200 billion infrastructure spend, even as it faces project delays and a cla
A UK Court of Appeal has overturned a previous ruling, deciding that virtual currency in games like RuneScape can be legally defined as “intangible property” and stolen. The case centered on a former Jagex developer accused of taking £543,123 worth of gold. This sets a major precedent for the legal
In a troubling development, OpenAI’s ChatGPT has begun indexing Grokipedia, an AI-generated encyclopedia created by Elon Musk’s xAI. This integration risks amplifying the platform’s known inaccuracies and biases across the most popular LLM. It highlights a growing crisis as AI systems increasingly t
The tech conversation at Davos has fundamentally shifted from prediction to impact. Key takeaways include JPMorgan’s live Ethereum fund, a massive generational shift toward AI management, and a ticking clock on quantum computing threats to blockchain.
The European Commission has launched a formal probe into X, focusing on systemic risks from its Grok AI chatbot. This follows public outcry over the service generating sexualized deepfake images. The investigation could result in fines of up to 6% of X’s global revenue.
Orbital, an AI platform for real estate law, has secured €50 million in Series B funding led by Brighton Park Capital. The investment will fuel US expansion and product development to automate the complex, document-heavy world of property transactions.
Oxford Instruments has signed an equipment supply deal with Applied Optoelectronics (AOI). The agreement will support AOI’s expansion of indium phosphide (InP) optoelectronic device manufacturing in Texas.
Telehealth company Ro is cutting out middlemen to slash drug prices, like offering weight-loss meds for $149 a month. But its bigger play is using AI and your data to be a proactive health “Sherpa,” not just a digital pill dispenser.
