Canva Lays Off Over 1,200 Employees, CEO Describes It As “Hardest Year” In Its History
Canva is laying off 1,271 people, or 22% of its workforce, in the biggest restructuring in the design platform’s thirteen-year history. CEO and…
After US Midterm Election Results Deliver A Blow For Building AI Datacenters, Elon Musk Says Datacenters In Space Looking “Appealing”
Datacenters were never formally the headline question on any national ballot this week, but they were on almost every ballot in some form….
North Korea Responsible For $6 Billion Binance Hack, Says FBI
Binance has published its first detailed account of the October 29 attack that drained about $6.34 billion from its wallets, and it says…
Cost Of Serving Grok Bot Unsustainably High Relative To Revenue: Elon Musk
Elon Musk has admitted that running Grok Bot, xAI’s agentic assistant, costs far more than it brings in, offering the clearest public acknowledgement…
Ability For Weight-Space Programming Has Appeared Only In Latest Models, Says Google Researcher Alex Krentsel Who Reproduced Results
A Google Research scientist says he has independently reproduced the results of a widely discussed MIT CSAIL blog post on “Weight-Space Programming” —…
AI Models Can Understand And Improve Model Weights Through “Weight-Space Programming,” Says MIT Research
A new MIT CSAIL blog post is making the rounds in AI circles this week, and it describes something that sounds almost like…
The Losses Made By Indian Metro Systems
India’s urban metro rail networks have transformed commuting in the country’s biggest cities, but a look at the financial numbers shows that almost…
Cyberattack On European Supermarkets Puts Fridges In Defrost Mode, Millions Of Euros Of Fresh Food Destroyed Overnight
Europe’s grocery supply chain has been hit by a second major cyberattack in a matter of weeks, with hackers once again able to…
Anthropic Swings To $567 Million Operating Loss In Q3 As Compute Costs Surge, Discloses $895 Billion In Commitments
Anthropic’s first quarter in the black hasn’t lasted long. The Claude maker filed an amended S-1 registration statement with the SEC on Monday,…