(A)bsolutely (I)ncredible Podcast

Meta, the parent company of Facebook, and other leading social media platforms, is looking to raise as much as $35 Billion to build data centers in the US. Apollo Global Management Inc., an alternative asset manager has discussed providing a major part of the financing, said the people, who asked not to be identified because the information isn’t public. KKR & Co. is also a part of the investor gr...

Tech juggernaut Nvidia continued its winning streak on Wednesday, posting record quarterly revenue of $39.3 billion, up 12% from last quarter and 78% a year ago, compared to Wall Street’s projection of $38.3 billion. Sales for the year came in at $130.5 billion, up 114% from the previous year. The company forecast revenue for next quarter to hit $43 billion, slightly above the Street’s projections...

Anthropic, an artificial intelligence company founded by exiles from OpenAI, has introduced the first AI model that can produce either conventional output or a controllable amount of reasoning needed to solve more grueling problems. Anthropic says the new hybrid model, called Claude 3.7, will make it easier for users and developers to tackle problems that require a mix of instinctive output and st...

Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era. The spending of at least 380 billion yuan, equivalent to $52.41 billion, will surpass the company’s AI and cloud computing investment over the past decade, Alibaba said in a post Monday on its news site. Alibaba first...

Last month, DeepSeek turned the AI world on its head with the release of a new, competitive simulated reasoning model that was free to download and use under an MIT license . Now, the company is preparing to make the underlying code behind that model more accessible, promising to release five open source repos starting next week. In a social media post late Thursday , DeepSeek said the daily relea...

Codeium , an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal. The round is being led by returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced that it had closed a $150 million Series C at a $1.25 bill...

Meta on Tuesday announced that it’ll host its first-ever dev conference dedicated to generative AI. Called LlamaCon after Meta’s Llama family of generative AI models, the conference is scheduled to take place on April 29. Meta said that it plans to share the latest on its open source AI developments to help developers build amazing apps and products. Additional details will be made available soon,...

Elon Musk's AI company, xAI, has officially launched its latest flagship AI model, Grok 3. Released late on February 17, 2025, Grok 3 introduces significant advancements over its predecessor, Grok 2, and aims to compete with leading AI models such as OpenAI's GPT-4o and Google's Gemini. The rollout includes integration into the Grok app for iOS and web platforms, along with new features designed t...

Just before Christmas in 2023, the small team at Cognition was struggling to set up a particularly complex data server for the San Francisco–based AI startup’s fledgling coding assistant, Devin. They’d spent hours poring over installation documents and trying different commands but just couldn’t get it to work. Tired and frustrated, they decided to see how Devin would handle it. As the AI sprung i...

AI agents are the newest frontier in the AI space. AI companies are racing to build their own models, and offerings are constantly rolling out to enterprises. But which AI agent is the best? On Wednesday, Galileo launched an Agent Leaderboard on Hugging Face, an open-source AI platform where users can build, train, access, and deploy AI models. The leaderboard is meant to help people learn how AI...

Meta Platforms is assembling a specialized team within its Reality Labs division, led by Marc Whitten, to develop the AI, sensors, and software that could power the next wave of humanoid robots. According to the memo, Meta Chief Technology Officer Andrew Bosworth said that the robotics product group would focus on developing consumer humanoid robots with a goal of maximizing Llama's platform capab...

OpenAI will ship GPT-5 in a matter of months and streamline its AI models into more unified products, said CEO Sam Altman in an update on Feb. 12. We want to do a better job of sharing our intended roadmap, and a much better job simplifying our product offerings, said Altman in an X post introducing several updates about the company's GPT and o series. Specifically, Altman says the company plans t...

ByteDance launched Goku, an advanced AI model for image and video generation. The Chinese tech company's latest AI models can generate realistic videos of people interacting with products, potentially transforming how companies create advertising content. However, it also lowers the barrier for businesses to create value. Goku produces high-quality visuals from text prompts. It uses rectified flow...

A consortium of investors led by Elon Musk is offering $97.4 billion to buy the nonprofit that controls OpenAI, raising the stakes in his battle with Sam Altman over the company behind ChatGPT. Musk’s lawyer, Marc Toberoff, said he submitted a bid for all the nonprofit’s assets to OpenAI’s board of directors Monday. The unsolicited offer adds a complication to Altman’s carefully laid plans for Ope...

OpenAI just made its Super Bowl debut with a 60-second spot that positions AI alongside humanity’s greatest innovations. The commercial traces humanity’s technological evolution through a distinctive pointillism-inspired animation style, transforming abstract dots into iconic images of progress – from early tools like fire and the wheel to modern breakthroughs like DNA sequencing and space explora...

OpenAI released its o3-mini model exactly one week ago, offering both free and paid users a more accurate, faster, and cheaper alternative to o1-mini. Now, OpenAI has updated the o3-mini to include an updated chain of thought. OpenAI announced via an X post that free and paid users would now be able to view the reasoning process the o3-mini goes through before arriving at a conclusion. For example...

Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year, is in talks to raise funding at a valuation of at least $20 billion, four sources told Reuters. That would quadruple the company's $5 billion valuation from its last funding round in September, when it raised $1 billion from five investors including Sequoia Capital, An...

Although you may be tuning into the Super Bowl for the football, you'll also be exposed to the latest in tech. (Remember last year's Temu and Copilot ads?) This year, Perplexity is getting in on the action, running a campaign that could win you $1 million. Perplexity AI announced that this Sunday, February 9, it will be holding its Perplexity Million Dollar Question sweepstakes during the Super Bo...

Google launched its much-anticipated new flagship AI model, Gemini 2.0 Pro Experimental, on Wednesday. The announcement was part of a series of other AI model releases. The company is also making its reasoning model, Gemini 2.0 Flash Thinking, available in the Gemini app. Notably, Google is releasing these AI models as the tech world remains fixated on cheaper AI reasoning models offered by the Ch...

Shares of Denver-based software provider Palantir rose nearly 27% on February 4 following 2024 fourth quarter results featuring faster-than-expected growth and an optimistic forecast for the current quarter and the year 2025. Having risen 368% in the last year and sporting a price-earnings ratio of 516, according to the Wall Street Journal , do shares of Palantir have more upside? If Wall Street a...

OpenAI said on Tuesday it will develop artificial intelligence products for South Korea with chat app operator Kakao, unveiling a second major alliance with a high-profile Asian partner this week. In a whirlwind tour through Asia, OpenAI Chief Executive Sam Altman also announced a partnership with Japan's SoftBank Group on Monday and is, according to sources, scheduled to visit India on Wednesday...

OpenAI is announcing a new AI Agent designed to help people conduct in-depth, complex research using ChatGPT, the company’s AI-powered chatbot platform. Appropriately enough, it’s called deep research. OpenAI said in a blog post published Sunday that this new capability was designed for people who do intensive knowledge work in areas like finance, science, policy, and engineering and need thorough...

In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution, the chief executive officer of SoftBank Group had missed out on it. I haven’t been able to do anything, he thought, according to a speech he gave to SoftBank inve...

When rivals take a different approach and succeed, it sometimes pays to change course. This is what Sam Altman said OpenAI will do, according to a Reddit AMA session on Friday. The discussion touched on several AI topics, but in particular Altman was asked about DeepSeek, which has taken the tech world by storm after rolling out top-performing AI models that are relatively cheap to use. One Reddit...

ElevenLabs said on Thursday it has raised $180 million in a new funding round that triples the voice cloning artificial intelligence startup’s valuation to $3.3 billion. The Series C funding round was co-led by Andreessen Horowitz and Iconiq Growth, with participation from additional new investors NEA, World Innovation Lab, Valor, Endeavor Catalyst Fund and Lunate. Investors are racing to fund gen...