Former Los Angeles Mayor Eric Garcetti has joined the Los Angeles-based artificial intelligence firm Metropolis Technologies Inc. as an adviser, the company announced Thursday. Garcetti, who also served as the U.S. ambassador to India, will provide guidance on government policy, urban infrastructure strategy, and public-private partnerships. Did You Know? Metropolis became North America’s largest parking … Read more
Billionaire entrepreneur Mark Cuban is urging employers to leverage large language models (LLMs) like ChatGPT, Claude, and Gemini to audit complex healthcare contracts. According to Cuban, these AI tools can identify hidden costs and predatory clauses within lengthy agreements, helping companies avoid overpaying for employee benefits. This strategy, Cuban suggests, is a necessary response to … Read more
OpenAI CEO Sam Altman and SpaceX CEO Elon Musk have resumed their public feud, triggered by a recent lawsuit from Apple alleging that OpenAI and its hardware partner, io, misappropriated trade secrets. Altman dismissed the criticism on X, citing his company’s current model performance, while Musk—a co-founder of OpenAI—has intensified his public attacks, labeling the … Read more
The fitness app WeWard has introduced a “Walking Mode” feature that restricts access to social media apps like TikTok and Instagram until a user reaches a pre-set step count. According to CEO Yves Benchimol, the Paris-based company, which counts tennis star Venus Williams as an investor, aims to combat sedentary habits by gamifying physical activity … Read more
CDC Data Centres’ New Zealand subsidiary recorded a net loss of $87.7m for the 2026 financial year, despite generating a gross profit of $117.3m. According to company filings, the loss was driven by $145.6m in fair value write-downs on investment properties, foreign exchange volatility, and rising debt costs, contrasting sharply with a $637.6m profit in … Read more
Wilson Parking is currently pursuing legal action in the Christchurch Employment Court against a former employee, alleging he breached a restraint of trade clause by establishing a competing venture, ATE Property. The company claims the former manager secured short-term lease agreements for sites shortly before his resignation in August 2023 to facilitate his new business, … Read more
Microsoft is preparing to announce job cuts next week that will impact thousands of employees across its sales, consulting, and Xbox divisions. According to people familiar with the situation, the layoffs will affect less than 2.5% of the company’s 220,000-person workforce as the tech giant seeks to control costs while increasing spending on artificial intelligence. … Read more
Anthropic PBC has suspended all access to its most advanced artificial intelligence models, including Mythos and Fable 5, following a direct order from the Trump administration. The U.S. Commerce Department mandated that these frontier systems be restricted from all foreign nationals, regardless of their location, citing national security concerns regarding potential cybersecurity vulnerabilities. The company … Read more
Corporate spending on artificial intelligence is shifting from unchecked experimentation to strict fiscal management as companies move away from flat-rate subscriptions toward usage-based billing. Firms like Coinbase, Salesforce, and Walmart are implementing price caps and internal audits to curb “tokenmaxxing”—the practice of maximizing AI usage regardless of cost—after realizing that unlimited access to powerful models … Read more
The High-Stakes Race for Orbital Dominance: Why Rocket Failures Are Just the Beginning Space is no longer just for government agencies and experimental probes; it has become the ultimate frontier for global infrastructure. With the recent high-profile “anomaly” involving Blue Origin’s New Glenn rocket, the spotlight is once again on the fragile, high-risk nature of … Read more