Netflix’s plan to spend $18 billion on content is ‘not anywhere near the ceiling’

Netflix plans to spend around $18 billion on content this year – and chief financial officer Spencer Neumann thinks that number could increase down the line. “We are not anywhere near a ceiling,” Neumann said during the Morgan Stanley Tech, Media, and Telecom Conference this week, as reported by Variety. “I think we are still … Read more

Google removes ‘underrepresented’ language from its grant website

Just weeks after Google said it would review its diversity, equity, and inclusion programs, the Google for Startups Founders Fund webpage is peppered with changes. Most notably Google is now using past tense to describe all of its fund programs for underrepresented founders.  This is a change that took place after December, according to the internet … Read more

JD Vance is posting through it

Vice President JD Vance is a busy man. Over the past three weeks, he’s traveled to France and Germany, addressed the crowd at a massive conservative conference, berated the Ukrainian president, and visited the US-Mexico border. Despite his busy schedule, Vance seemingly always finds time to engage in one of his favorite hobbies: posting. During … Read more

Google debuts a new Gemini-based text embedding model

Google on Friday added a new, experimental “embedding” model for text, Gemini Embedding, to its Gemini developer API. Embedding models translate text inputs like words and phrases into numerical representations, known as embeddings, that capture the semantic meaning of the text. Embeddings are used in a range of applications, such as document retrieval and classification, … Read more

Elon Musk’s AI company, xAI, acquires one-million-square-foot property in Memphis

xAI, Elon Musk’s AI company, has acquired a one-million-square-foot property in Southwest Memphis to expand its AI data center footprint, according to a press release from the Memphis Chamber of Commerce. The new land will host infrastructure to complement xAI’s existing Memphis data center. “xAI’s acquisition of this property ensures we’ll remain at the forefront … Read more

Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering

Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.S. Department of Justice (DOJ). On Thursday, a coalition of law enforcement agencies from the U.S., Germany and Finland seized Garantex’s domains and servers, and froze … Read more

Announcing general availability of Amazon Bedrock Knowledge Bases GraphRAG with Amazon Neptune Analytics

Today, Amazon Web Services (AWS) announced the general availability of Amazon Bedrock Knowledge Bases GraphRAG (GraphRAG), a capability in Amazon Bedrock Knowledge Bases that enhances Retrieval-Augmented Generation (RAG) with graph data in Amazon Neptune Analytics. This capability enhances responses from generative AI applications by automatically creating embeddings for semantic search and generating a graph of … Read more

AI-powered ‘more personalized Siri’ is delayed

Apple is delaying the rollout of the “more personalized Siri” experience it promised as part of its rollout of Apple Intelligence. According to a statement from the tech giant published on Friday by Apple blog Daring Fireball, the company admits it will “take us longer than we thought to deliver” on these new Siri features. … Read more