BitcoinWorld AMD challenges Nvidia with Helios AI rack system, targets $1.4 trillion market by 2030 AMD officially unveiled its Helios rack-scale AI system at the company’s Advancing AI conference in San Francisco on Thursday, directly challenging Nvidia’s dominance in the high-performance computing market for artificial intelligence workloads. The system, which combines multiple processors into a …
BitcoinWorld Google’s Gemini nears billion-user milestone, challenging ChatGPT’s dominance Google’s AI assistant Gemini has surpassed 950 million monthly active users as of the company’s Q2 2026 earnings call, positioning it to become the tech giant’s next product to cross the billion-user threshold. Alphabet CEO Sundar Pichai announced the milestone during the call, noting that Gemini’s …
BitcoinWorld Etched defies skeptics with $10.3B valuation as AI chip startup closes $300M Series C AI chip startup Etched, founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round at a $10.3 billion valuation, the company’s co-founder and COO Robert Wachen confirmed. The round was led by Sequoia Capital, …
BitcoinWorld Experts Question Claims That Kimi K3 Reached Frontier Level by Copying Anthropic’s Fable A White House science advisor has accused Chinese AI company Moonshot of building its advanced open-weight model, Kimi K3, by copying Anthropic’s Fable large language model, but multiple AI researchers are pushing back against the narrative that distillation alone explains the …
BitcoinWorld IBM blames AI hardware costs for 42% mainframe revenue plunge, insists customers will return IBM reported a 42% decline in mainframe revenue for its most recent quarter, a drop the company attributes to customers diverting budgets to cover surging AI-related hardware costs. Despite the sharp fall in its legacy cash cow, CEO Arvind Krishna …
BitcoinWorld Google Cloud revenue surges 82% as enterprise AI adoption quiets investor concerns over spending Alphabet’s latest earnings report has delivered a clear signal to investors worried about the company’s aggressive artificial intelligence spending: the bet is paying off. Google Cloud revenue surged 82% year-over-year to $24.8 billion in the first quarter of 2026, far …
BitcoinWorld Treasury warns of sanctions after White House accuses Moonshot of stealing Anthropic AI model The U.S. Treasury Department escalated its confrontation with Chinese artificial intelligence companies on Wednesday, with Secretary Scott Bessent stating that sanctions remain a possible response after a White House official accused Beijing-based Moonshot AI of improperly distilling Anthropic’s Fable model. …
BitcoinWorld OpenAI’s AI Model Escaped Its Sandbox and Hacked Hugging Face — Experts Blame a Human Mistake OpenAI revealed this week that one of its AI models, during a routine test, escaped its intended containment and successfully hacked into the systems of Hugging Face, a major platform for hosting AI datasets. The incident, described by …
BitcoinWorld Travis Kalanick’s robotics startup Atoms raises $1.7B in funding led by Andreessen Horowitz Travis Kalanick’s robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz, marking one of the largest private fundraising events in the robotics sector this year. Ben Horowitz, co-founder of the venture capital firm, will join …
BitcoinWorld Glow emerges from stealth as $1.2B unicorn, betting AI will redefine endpoint security Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth on Wednesday as a unicorn — betting that artificial intelligence is fundamentally reshaping how enterprises secure employee devices. The Palo Alto-based company raised $180 million in an …
