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Nebius has signed a $3.5 billion loan facility with Citi to build more data centres and buy GPUs. The Amsterdam-based AI cloud company announced the deal on Thursday. The secured facility runs for 364 days. Interest starts at the Term SOFR benchmark rate plus 2.75% a year.
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Hugging Face has released Carbon-X, an open-source AI model that lets researchers ask questions about DNA in everyday language. Users paste in a genetic sequence, ask a question, and get an answer with an explanation.
What started off as a dare became a fully fledged app in less than a day
Using an AI agent to shop for you is a strange experience. Tech companies have marketed them as personal assistants - the democratizing of labor that ordinarily would only be available to the rich and powerful.
An investment research firm wanted to prove AI could revolutionize drug development. So they teamed up with Anthropic to see whether an unreleased version of Claude could make scorpion antivenom. It couldn’t.
Almost six in 10 people working in tech say AI has added to their workload rather than cutting it. That is the headline finding of Web Summit’s first State of the Industry report, published on Thursday. Some 59% said their workload had increased, 20% said it had fallen and 20% saw little change.
Users really trust AI chatbots, some experts say too much.
Agility Robotics will use Nvidia’s IGX Thor modules as the only onboard computer in Digit 5, the next version of its humanoid robot. The company announced the deal on Thursday. Nvidia will be the exclusive supplier of onboard compute for the version that goes on general sale.
Adobe and the BWT Alpine Formula One Team have signed a global premium partnership. Under the deal, Adobe becomes the team’s official AI fan experience partner, providing software to create fan content and understand how fans engage.
Tesla needs to build between 10,000 and 20,000 Optimus humanoid robots so they can learn to perform tasks through practice, Elon Musk said during the company’s third-quarter earnings call on 21 October. Tesla has only recently started production on a new Optimus line in Fremont, California.
Spotify ended the third quarter with 306 million paying subscribers, up 9% from a year earlier, according to its third-quarter update, published on Thursday. Monthly active users rose 11% to 788 million. Revenue grew 16% to €4.97 billion, or 14% at constant exchange rates.
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