Shopify’s AI-powered shopping revolution is showing massive growth metrics, with traffic from AI tools up 7x since January and purchases attributed to AI search increasing 11x. The company calls AI “the biggest shift in technology since the internet” while reporting $2.84 billion in Q3 revenue, thou
IBM is cutting a “low single-digit percentage” of its global workforce in the fourth quarter. The company employed 270,000 people at the end of 2024, meaning even a 1% reduction would eliminate 2,700 jobs.
Researchers have successfully simulated the folding of 23 out of 26 RNA stem-loops using advanced computational methods. This breakthrough in molecular dynamics could dramatically accelerate RNA-based drug discovery for everything from genetic disorders to viral infections.
Researchers have created molecules that can actively control light energy amplification through simple pressure changes. This breakthrough in singlet fission technology could lead to highly efficient energy devices and advanced medical treatments. The flexible molecular design allows external contro
Microsoft is pouring over $60 billion into neocloud data centers to fuel its AI ambitions. The massive spending includes a $23 billion deal with UK startup Nscale for access to 200,000 of Nvidia’s latest GB300 chips across multiple countries. This represents one of the largest infrastructure bets in
Animoca Brands, the Hong Kong blockchain investor with stakes in over 600 companies, aims to go public through a reverse merger with Singapore’s Currenc. The deal would create what co-founder Yat Siu calls the “world’s first publicly-listed, diversified digital assets conglomerate.” Shareholders wil
Snowflake just announced a major partnership with SAP that could significantly accelerate its revenue growth. The deal gives Snowflake access to SAP’s massive customer base of 440,000 businesses through the Business Data Cloud.
Michael Burry’s hedge fund has taken put positions against Nvidia and Palantir, signaling his belief that the AI boom is overheating. The investor posted cryptic warnings about market bubbles and declining cloud growth. Palantir’s CEO immediately fired back, promising to “dance” when Burry is proven
OpenAI’s text-to-video app Sora is now available on Android after massive early adoption. The rapid expansion comes as the company faces multiple legal challenges and content moderation issues that threaten its momentum.
Stability AI has mostly prevailed in its UK legal battle with Getty Images over using copyrighted images to train Stable Diffusion. The case represents one of the first major rulings in the wave of AI copyright lawsuits. While providing some clarity, experts say big questions about AI training and c
