Artificial Intelligence
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X @Bloomberg
Bloomberg· 2026-04-30 10:44
Caterpillar posts first-quarter earnings that beat Wall Street expectations as surging electricity demand from AI data centers boosted sales of its power-generation equipment https://t.co/W7OnQKDmH1 ...
Agentic Computing Will Destroy Old Tech Stacks | Satya Nadella
Yahoo Finance· 2026-04-30 10:15
We are at the beginning of one of the most consequential platform shifts that will change the entire tech stack as agents proliferate and become the dominant workload. This will drive time expansion and change the value creation equation across the entire economy. To capture this opportunity, we are executing against two priorities.First, we are building the world's leading cloud and AI infrastructure for agentic computing era. Second, we are building high-value agentic systems across core domains such as p ...
X @Bloomberg
Bloomberg· 2026-04-30 10:08
China is using everything from AI to a massive database of DNA from 33,000 children in an effort to overtake the US as the world’s No. 1 drug developer. https://t.co/JT2cV2yuPx ...
X @Bloomberg
Bloomberg· 2026-04-30 10:04
Women are using AI at lower rates than men. But are they being “left behind,” like Reese Witherspoon suggested in a recent social media post? https://t.co/h7iXJaSD82 ...
Manus Becomes Cautionary Tale As China Blocks Meta Deal
Bloomberg Television· 2026-04-30 09:36
The AI startup Menes was once a high-profile success story. Now, it's turning into a cautionary tale. Chinese authorities on Monday ordered Meta to unwind its $2 billion acquisition company.Menes' founders got their start in China, but relocated their headquarters to Singapore last year. The startup's hit agentic AI services can operate autonomously when given directions. That's an especially promising new avenue for AI [music] tech.Although the deal was announced months ago, Beijing said simply it wasn't a ...
What Meta‘s massive layoffs say about the company‘s AI shift | FT #shorts
Financial Times· 2026-04-30 09:33
Meta is cutting thousands of jobs as it ramps up spending on AI. The tech giant plans to cut about 10% of its workforce, roughly 8,000 roles. At the same time, it's also scrapping plans to hire thousands more.It's all to offset the cost of their massive push into artificial intelligence. Meta says it could spend up to $130 billion this year on infrastructure including data centers and AI compute. And chief executive Mark Zuckerberg is betting heavily on what he calls personal superintelligence.In other word ...
X @Ignas | DeFi
Ignas | DeFi· 2026-04-30 09:30
Multiple hacks per day in crypto.Many recent hacks involve (1) small amounts, (2) niche sectors, and (3) relatively older protocols.Sweat, for example, launched in 2022 as a walk-to-earn app.The exploit targeted the SWEAT token contract on NEAR. Their GitHub update history shows they weren't actively maintaining their public repositories before the hack.Their core DeFi/growth feature was last updated 7 months ago.I bet other hacks share similar patterns.Just like I look for protocols to farm for airdrops th ...
X @Bloomberg
Bloomberg· 2026-04-30 08:22
The biggest US tech firms now plan to spend as much as $725 billion this year on capital expenditures, primarily on AI data center equipment https://t.co/Z28Q8b7xvn ...