John Abbamondi had orders to let the CEO of Ticketmaster down easy. In April 2021, Abbamondi was the CEO of BSE Global, the company that ran Brooklyn arena the Barclays Center. BSE Global’s existing Ticketmaster contract would expire at the end of September, and Abbamondi and his team had evaluated proposals from SeatGeek, AXS, and…
Microsoft on Tuesday released Phi-4-reasoning-vision-15B, a compact open-weight multimodal AI model that the company says matches or exceeds the performance of systems many times its size — while consuming a fraction of the compute and training data. The release marks the latest and most technically ambitious chapter in the software giant’s year-long campaign to prove…
Large language models are becoming the universal adapter for business software. When I was in high school in the 1990s, my physics teacher pulled me aside with a question he couldn’t shake: “How do they get every computer in the world to talk to every other computer?”
At the Morgan Stanley Technology, Media and Telecom conference in downtown San Francisco Wednesday, Nvidia CEO Jensen Huang said his company’s recent investments in OpenAI and Anthropic are likely to be its last in both, saying that once they go public as anticipated later this year, the opportunity to invest closes. It could be that…
outh Korea’s humanoid robot market will reach about US$196 million by 2035.
Today the White House announced that several major players in tech and AI have agreed to steps that will keep electricity costs from rising due to data centers. Under this Ratepayer Protection Pledge, companies are agreeing to practices that are intended to protect residents from seeing higher electricity costs as more and more businesses create…
Epic CEO Tim Sweeney might be one of the most outspoken people in the history of the world. He fought two of the world’s most valuable and powerful companies almost all the way to the US Supreme Court, insulting them again and again: “crooked,” “deceitful,” “insanely sneaky,” calling Android a “fake open platform,” calling both…
To create coherent images or videos, generative AI diffusion models like Stable Diffusion or FLUX have typically relied on external “teachers”—frozen encoders like CLIP or DINOv2—to provide the semantic understanding they couldn’t learn on their own. But this reliance has come at a cost: a “bottleneck” where scaling up the model no longer yields better…
Recent bets on when nuclear weapons will detonate are raising concerns about monetizing the apocalypse. Nuclear detonation could mark the start of World War III, plunging the planet into the deadliest conflict in human history. But on the bright side, it could have turned a profit for a few lucky gamblers.
Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold across 115 countries later, PopSockets has proven that the bootstrapped, low-dilution path more viable than the industry gives it credit for. The global consumer hardware brand was built on less than $500k, no institutional capital, and a philosophy professor’s determination. Watch as founder and former CEO…
