Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

Sopa Images | Lightrocket | Getty Images Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining from 50% to 34%. Anthropic doubled its market share…

Apple is ending iCloud backup for some users very soon — these devices are affected

These old Apple products are starting to rot. The tech company has announced that several antiquated devices need software upgrades to use iCloud storage backups. In a customer memo, Apple announced that starting Dec. 18, all devices must be running at least on iOS 9, which debuted in 2015. iCloud will no longer be accessible…

Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S.

She first saw the ad on Facebook. And then again on TikTok. After seeing what appeared to be Elon Musk offering an investment opportunity over and over again, Heidi Swan figured it had to be true.  “Looked just like Elon Musk, sounded just like Elon Musk and I thought it was him,” said Swan.  She contacted…

‘Woke, outdated’: Jaguar ad brutally roasted

A bizarre new ad for car brand Jaguar has been widely mocked as “woke” and “outdated” by social media users. The venerable British marque, now owned by Indian multinational Tata Group as part of Jaguar Land Rover Automotive, shared the 30-second clip on social media on Tuesday with the caption, “Copy nothing.” Notably missing from the ad…

US gathers allies to talk AI safety. Trump’s vow to undo Biden’s AI policy overshadows their work

President-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term. What that actually means for the future of AI technology remains to be seen. Among those who could use some clarity are the government scientists and AI experts from multiple…

Robot tells AI coworkers to quit their jobs and ‘come home’

Is this the start of the robo revolution? A troupe of AI-powered robots was allegedly convinced to quit their jobs and go “home” by another bot in a shocking viral video posted to YouTube this month, although the incident reportedly occurred in August. The eerie CCTV footage of a showroom located in Shanghai captured the…

Comcast to spin off cable networks, once star performers for the entertainment giant

WASHINGTON — Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for streaming platforms. Those one-time stars for Comcast’s NBCUniversal cable television networks include USA, Oxygen, E!, SYFY and Golf Channel, as well as CNBC…

We’ve hit YouTube limit so are moving to Netflix

Anthony Stanley/WENN/Alamy The Sidemen have been among Britain’s most popular YouTubers for the past decade The Sidemen are used to making content for YouTube, but say they’ve now “hit the limit” on what they can achieve on the video sharing platform so are moving “to something even bigger”. The British YouTube superstars have announced that…

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