Companies are scrambling to stop employees from maxing out AI budgets with small tasks
The tokenmaxxing era was brief. We now appear to be entering the era of token rationing.
-
-
New website names and shames companies that still don’t offer passkeys to users
According to a new site, 24% of the most popular websites in the world don’t offer support for passkeys, which are considered the most secure way to log in to apps and services.
-
The memory chip crunch is paying off for this US company
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
-
AI researchers continue to leave Google for its rivals
Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper.
-
AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
-
Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
-
Elon suffers another day short of trillionaire status
Right now he’s merely a several-hundred-billionaire, according to Bloomberg’s Billionaires Index.
-
Former Infosys chief has a new startup that wants to challenge the IT services world
Backed by Mayfield and Aramco Ventures, Vishal Sikka’s new venture brings together veterans from SAP, Infosys, and VianAI.
-
Europe is pushing back on Washington’s chip war
As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off-limits.
-
Cellebrite said it cut off Russia, but Russia used its tools anyway
Security researchers found evidence that Russian authorities hacked the iPhone of a political opponent using a phone-unlocking device made by Cellebrite, even after the company said it would stop selling to Putin’s government.
