Apple has quietly raised the desktop’s starting price to $799 after demand from developers building local AI tools cleared its shelves. Tim Cook says it could take months to catch up. For five years, the Mac mini has been the cheapest way into Apple’s desktop ecosystem. Since the M4 refresh in late 2024, that price […]

BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are in the business of pricing risk, which is adjacent. Still, […]

Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 have buy ratings and only one rates it a sell. The […]

After a CFIUS-induced retreat in 2024, the wafer-scale chip startup is back with an OpenAI deal in its pocket and a sharper bet against Nvidia. Eighteen months ago, Cerebras Systems looked like a cautionary tale. The Sunnyvale-based AI chip startup had filed for an initial public offering in September 2024, only to see its plans […]

New York Times:
Ripple Labs investor and exec Chris Larsen plans to spend $3.5M to help Alex Bores, a NY congressional candidate at the center of a proxy war over AI regulation  —  Chris Larsen, who hails from California, plans to spend $3.5 million to help Alex Bores, a New York congressional candidate …