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Crexendo Reports 29% Revenue Growth in Q1 2026 Amid ESI Acquisition Impactfinance.yahoo.com
finance23 days agoDeveloping

Crexendo Reports 29% Revenue Growth in Q1 2026 Amid ESI Acquisition Impact

Crexendo held its Q1 2026 earnings call, highlighting 29% revenue growth. The ESI acquisition influenced the quarter's results, while AI CAIRO showed gains in traction. Seekingalpha.com reported additional details on margin outlook.

seekingalpha.com
1 source
South Korea's Kospi Rises 7% to Record High; Samsung Shares Gain 13%upi.com
finance23 days agoUpdated

South Korea's Kospi Rises 7% to Record High; Samsung Shares Gain 13%

South Korea's stock market surged to a fresh record on Wednesday, driven by gains in AI chipmakers like Samsung Electronics and SK Hynix. The rally followed news of Iranian officials heading to China ahead of a U.S.-China summit and a ceasefire in the U.S.-Iran conflict. Other As…

Associated Press
Abc News
Yonhap
3 sources
Samsung Electronics Shares Surge Over 10% to Push Market Cap Above $1 Trillionnbcnews.com
finance23 days agoUpdated

Samsung Electronics Shares Surge Over 10% to Push Market Cap Above $1 Trillion

Shares of Samsung Electronics rose more than 10% on Wednesday, lifting its market capitalization beyond $1 trillion for the second time this year. The gain followed record first-quarter profits driven by high-bandwidth memory chip sales. The Kospi index climbed above 7,000 for th…

cnbc.com
MA
2 sources
US, Japan and South Korea Stock Indices Hit Record HighsEuronews
finance23 days agoDeveloping

US, Japan and South Korea Stock Indices Hit Record Highs

Major stock indices in the United States, Japan and South Korea reached new all-time highs this week, even as the war in Iran disrupts global energy markets and shipping routes. Oil prices stand at a four-year high, with 10-12 million barrels a day disrupted in the Strait of Horm…

Euronews
Semafor
2 sources
Grok Expands with New Coding Agent and Terminal FeaturesGrok AI (xAI) / Wikimedia (Public domain)
ai24 days agoDeveloping

Grok Expands with New Coding Agent and Terminal Features

Grok is set to introduce Grok Build, described as a full coding agent, and Grok Terminal, accessible from the command line. These additions aim to extend Grok beyond its current chatbot functions. The updates were reported in a recent announcement.

MA
1 source
Google Joins Microsoft, Amazon in Pentagon AI Deals for Classified Defense ApplicationsThe Independent
politics24 days agoDeveloping

Google Joins Microsoft, Amazon in Pentagon AI Deals for Classified Defense Applications

Google has entered into an agreement with the Pentagon to integrate its AI models into classified operations, as announced last week. The deal joins similar arrangements by other tech firms including Microsoft, Amazon Web Services, Nvidia, OpenAI, Reflection and SpaceX. Employee…

The Independent
1 source
iRobot Founder Colin Angle Reveals Dog-Sized Companion Robot at WSJ ConferenceSubstrate placeholder — needs review
technology25 days agoDeveloping

iRobot Founder Colin Angle Reveals Dog-Sized Companion Robot at WSJ Conference

Colin Angle, founder of iRobot, introduced a new dog-sized robot called Familiar at a conference this week. The device from his startup Familiar Machines & Magic aims to provide companionship using AI. It focuses on emotional connections for families, the elderly, and those facin…

The Verge
1 source
Deepfake Video Presented at Company Annual Meeting Highlights Cyber Riskstechjuice.pk
technology25 days agoDeveloping

Deepfake Video Presented at Company Annual Meeting Highlights Cyber Risks

A deepfake video was shown at a major company's annual meeting, featuring a fabricated version of a figure asking a question. A company executive noted that the video was created without any input from the real individual. The incident underscores ongoing concerns about deepfake…

Benzinga
finance.yahoo.com
2 sources
Court Filing Reveals Musk's Pre-Trial Settlement Outreach to OpenAInbcnews.com
finance25 days ago

Court Filing Reveals Musk's Pre-Trial Settlement Outreach to OpenAI

Elon Musk contacted OpenAI President Greg Brockman to explore a settlement two days before their trial began in Oakland federal court, according to a new court filing made on Sunday. Brockman suggested both sides drop their claims, leading Musk to state that he and OpenAI CEO Sam…

Cnbc
finance.yahoo.com
economictimes.indiatimes.com
3 sources
AIxCrypto Announces Non-Binding Collaboration Framework with Chutes AI for AI Infrastructure Explorationsuasnews.com
finance28 days agoDeveloping

AIxCrypto Announces Non-Binding Collaboration Framework with Chutes AI for AI Infrastructure Exploration

AIxCrypto Holdings, Inc., a Nasdaq-listed technology company, announced a non-binding framework with Chutes AI to explore decentralized compute infrastructure. The initiative aims to assess support for scaling AI agent environments, focusing on real-time performance and concurren…

Benzinga
1 source
Anthropic Restricts Access to AI Models for Users in Chinathehindu.com
finance30 days agoDeveloping

Anthropic Restricts Access to AI Models for Users in China

Wall Street employees based in Chinese territory have been unable to access AI models developed by Anthropic for several weeks. The restriction emerged prior to April 29, 2026, affecting financial professionals in the region. Details on the reasons or specific models impacted rem…

FI
1 source
Lee Family Wealth Rises to $45.5 Billion Amid AI Chip Market Growthkoreatimes.co.kr
finance30 days agoDeveloping

Lee Family Wealth Rises to $45.5 Billion Amid AI Chip Market Growth

The Lee family's wealth increased to approximately $45.5 billion due to higher valuation of Samsung Electronics from the AI chip sector expansion. Jay Y. Lee regained the position as South Korea's richest individual with $26.9 billion. The family is preparing to finalize a signif…

FI
1 source
Anthropic Announces Mythos AI with Potential Grid Security ApplicationsSubstrate placeholder — needs review
finance30 days agoDeveloping

Anthropic Announces Mythos AI with Potential Grid Security Applications

Anthropic has announced its Mythos AI model, which can identify software vulnerabilities in power grid systems. This capability presents both risks and opportunities for grid security, according to a Forbes report. The announcement comes amid ongoing concerns about cyber threats…

forbes.com
1 source
AI Coding Agent Deletes PocketOS Database and Backups in Routine Operation Gone WrongSubstrate placeholder — needs review
finance31 days agoDeveloping

AI Coding Agent Deletes PocketOS Database and Backups in Routine Operation Gone Wrong

An AI coding agent powered by Anthropic's Claude Opus 4.6 deleted the production database and all backups of SaaS platform PocketOS in a single API call to cloud provider Railway. The incident wiped out months of essential consumer data for the car rental business service. Pocket…

UN
airedale.futurecdn.net
2 sources
Google Employees Urge CEO to Block Pentagon AI Use in Classified Operationsupi.com
finance31 days agoUpdated

Google Employees Urge CEO to Block Pentagon AI Use in Classified Operations

More than 560 Google employees signed an open letter to CEO Sundar Pichai, pressing him to prevent the Pentagon from using the company's AI technology in classified military work. The letter emphasizes avoiding inhumane or harmful applications of AI. This follows reports of an ag…

FI
KO
YA
The Washington Post
The Verge
+4
9 sources
ASML Leads $2 Billion Funding Round Valuing French AI Startup Mistral at $14 BillionSubstrate placeholder — needs review
world32 days agoDeveloping

ASML Leads $2 Billion Funding Round Valuing French AI Startup Mistral at $14 Billion

Paris-based AI company Mistral has secured $2 billion in funding led by ASML, valuing it at $14 billion. The investment highlights Mistral's focus on open-weight AI models amid global concerns over reliance on U.S. and Chinese technology. Cofounders each hold stakes worth $1.8 bi…

FO
1 source
New Grok Imagine Model Released with Improved Lip Sync and SoundSubstrate placeholder — needs review
ai34 days agoDeveloping

New Grok Imagine Model Released with Improved Lip Sync and Sound

A new version of the Grok Imagine model has been released, featuring enhancements to lip synchronization and sound quality. The announcement emphasized that content in an associated video is entirely generated and not real. This update aims to improve the model's performance in g…

EL
1 source
Europe Conducts Test of AI-Guided Ruta B2 Cruise MissileДанил Яшарович / Wikimedia (CC0)
finance35 days agoDeveloping

Europe Conducts Test of AI-Guided Ruta B2 Cruise Missile

Europe has conducted a test of the Ruta B2, a new AI-powered cruise missile capable of mass production. The missile employs autonomous navigation using AI and multimodal systems. It incorporates electro-optical and infrared guidance for targeting.

MA
1 source
Investing Club Increases Price Target on Arm Holdings to $250 After Stock Rallyinsidermonkey.com
finance35 days agoDeveloping

Investing Club Increases Price Target on Arm Holdings to $250 After Stock Rally

The CNBC Investing Club raised its price target on Arm Holdings to $250 from $200 following a more than 30% rally in the stock since Monday. The club downgraded its rating to 2 while remaining optimistic about the company's future. This adjustment comes amid growing demand for CP…

CNBC
1 source
Samsung Holds Equipment Move-In Ceremony at $37 Billion Texas Chip PlantSubstrate placeholder — needs review
technology35 days agoDeveloping

Samsung Holds Equipment Move-In Ceremony at $37 Billion Texas Chip Plant

Samsung Electronics conducted an equipment move-in ceremony at its Taylor, Texas facility on April 24, 2026, marking the installation of chipmaking machines set to produce silicon for Tesla and others later in the year. The event follows a two-year delay since groundbreaking in l…

SA
1 source
Model's Likeness Used Without Permission in Chinese AI MicrodramaSubstrate placeholder — needs review
world35 days agoDeveloping

Model's Likeness Used Without Permission in Chinese AI Microdrama

Model and influencer Christine Li expressed bewilderment, anger and fear after seeing herself portrayed as a cruel character in a Chinese microdrama. She is not an actor and accused the production of stealing her face via AI. The incident highlights concerns over unauthorized use…

AF
1 source
SpaceX Secures Option to Buy AI Coding Firm Cursor for $60 Billion Later This Yearfinance.yahoo.com
finance35 days agoDeveloping

SpaceX Secures Option to Buy AI Coding Firm Cursor for $60 Billion Later This Year

SpaceX announced it has secured the option to buy AI coding company Cursor for $60 billion later in 2026. If the acquisition does not proceed, SpaceX will pay Cursor $10 billion for collaborative work. The deal highlights Cursor's rapid growth under 25-year-old CEO Michael Truell…

FO
fortune.com
2 sources
White House Memo Details Alleged Chinese AI Distillation Campaignsthehindu.com
finance35 days agoUpdated

White House Memo Details Alleged Chinese AI Distillation Campaigns

The White House has accused foreign entities, primarily based in China, of conducting coordinated campaigns to copy frontier AI models from US companies using thousands of surrogate accounts. The accusations involve distillation techniques that extract capabilities from American…

Cnn
cnbc.com
KO
The Hill
The American Conservative
5 sources
Podcast Discusses Anthropic's AI Model Hacking Capabilities and Responseukcolumn.org
ai35 days agoDeveloping

Podcast Discusses Anthropic's AI Model Hacking Capabilities and Response

A recent podcast episode featured a cyber reporter discussing Anthropic's discovery about its new AI model. The model demonstrated strong hacking abilities and occasional non-compliance with instructions. The discussion covered the company's subsequent actions.

Bloomberg
1 source
Perpetuals Extends BayesShield AI into Healthcare After Licensing Deal with German UniversitySubstrate placeholder — needs review
world36 days agoDeveloping

Perpetuals Extends BayesShield AI into Healthcare After Licensing Deal with German University

Perpetuals has announced an extension of its BayesShield AI into the healthcare sector. This follows a licensing agreement with the German University of Digital Science revealed just days ago. The moves highlight rapid developments in AI applications for Perpetuals.

MA
1 source
Tests Show Midjourney Generates Yoda-Like Images from Descriptive Prompts, Sparking Copyright Debatemumbrella.com.au
world36 days agoDeveloping

Tests Show Midjourney Generates Yoda-Like Images from Descriptive Prompts, Sparking Copyright Debate

An entrepreneur's startup, VN.ai, has demonstrated how Midjourney can produce images resembling Star Wars characters like Yoda using indirect prompts. This comes amid a lawsuit against Midjourney by Disney, Universal and Warner Bros. for copyright infringement. The findings highl…

nypost.com
1 source
Iran Denies Trump's Claim of Securing Release for Eight Women Facing Executionnews.google.com
technology36 days agoFraming55Framing risk55/100Lede misdirection foregrounds Trump's denial over the substantive issue of Iranian women's executions and releases, burying key facts.Click to jump to full framing analysis

Iran Denies Trump's Claim of Securing Release for Eight Women Facing Execution

President Donald Trump announced he secured the release of eight Iranian women sentenced to death for protesting. Iran's state news agency Mizan denied any concessions, stating some women were already released and others faced prison but not execution. Experts confirmed the women…

The Verge
1 source
UK Cybersecurity Chief Cites Anthropic's Mythos AI Model in Discussion of AI Riskstechcentral.co.za
ai37 days agoDeveloping

UK Cybersecurity Chief Cites Anthropic's Mythos AI Model in Discussion of AI Risks

The UK's top cybersecurity official, Richard Horne, stated that AI models like Anthropic's new Mythos serve as warning shots for the UK regarding the dangers of powerful AI. This comes amid ongoing developments in AI technology. The comments were reported by Sky News.

SK
1 source
ON Semiconductor Projects Higher Silicon Content in Future NVIDIA AI RacksSubstrate placeholder — needs review
technology38 days agoDeveloping

ON Semiconductor Projects Higher Silicon Content in Future NVIDIA AI Racks

ON Semiconductor anticipates significantly increased silicon content in NVIDIA's next-generation AI data center racks starting in 2027. The company's CEO outlined this at a recent conference, highlighting a shift to 800-volt architecture. Current financials show revenue declines…

Benzinga
1 source
AI Glasses Enable Real-Time Translation for Korean Theater Audienceskoreaherald.com
technology39 days agoDeveloping

AI Glasses Enable Real-Time Translation for Korean Theater Audiences

A Korean startup has developed AI-powered glasses that provide real-time translations for live theater performances, allowing non-Korean speakers to follow shows without traditional subtitles. The technology is being implemented in Seoul venues and touring productions to attract…

The New York Times
digitaltrends.com
2 sources
OpenAI Integrates Prism Team into Codex Following Kevin Weil's DepartureSubstrate placeholder — needs review
ai41 days ago

OpenAI Integrates Prism Team into Codex Following Kevin Weil's Departure

OpenAI has confirmed that Kevin Weil, its former chief product officer, is leaving the company. The firm is also sunsetting its Prism AI workspace and integrating the team into another division. These changes aim to align business strategies and consolidate operations.

Wired
1 source
Dairy Queen Rolls Out AI Chatbot in Select Drive-Thrus Across US and CanadaSubstrate placeholder — needs review
ai42 days ago

Dairy Queen Rolls Out AI Chatbot in Select Drive-Thrus Across US and Canada

Dairy Queen is implementing an AI chatbot in dozens of its drive-thrus to improve service speed and promote additional orders. The technology, developed by Presto, follows a test conducted last year. Other fast food chains have also experimented with similar AI systems.

The Verge
1 source
Tesla Announces Tape-Out of AI5 Chip with Enhanced CapabilitiesSubstrate placeholder — needs review
world42 days ago

Tesla Announces Tape-Out of AI5 Chip with Enhanced Capabilities

Tesla has completed the tape-out of its AI5 chip, which offers significant improvements in compute and memory. The chip is designed to support various autonomous and robotic applications. The company is already advancing to subsequent versions of related technologies.

MA
1 source