SiliconBeat

Silicon Valley and technology news from The Mercury News.

[SiliconBeat @siliconbeat]

Elon Musk’s xAI has paused hiring for professionals to train its Grok chatbot on a range of specialized skills, according to people with knowledge of the matter, marking a potential shift in how the artificial intelligence firm… https://t.co/mPmmAnqYrd

[SiliconBeat @siliconbeat]

Google parent Alphabet Inc. upsized its equity raise to $84.75 billion from the $80 billion it announced just two days earlier in a bid to help fund growing artificial intelligence spending plans. https://t.co/CHcLm41Qnr

[SiliconBeat @siliconbeat]

The world might have to wait a little longer for its first trillionaire. https://t.co/SbiiTNxHbI

[SiliconBeat @siliconbeat]

Adobe Inc. is eyeing two internal leaders in its quest for a new chief executive officer and has hired a well-known search firm to find external candidates who could be suited to running the company in the AI era. https://t.co/vs59cEdJNO

[SiliconBeat @siliconbeat]

SpaceX is planning to offer shares at $135 apiece to raise $75 billion in its ;initial public offering. https://t.co/r9QY3kg8Dd

[SiliconBeat @siliconbeat]

Google parent Alphabet Inc. is raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc., to help fund ambitious and growing artificial intelligence spending plans. https://t.co/MknsHji2Po

[SiliconBeat @siliconbeat]

OpenAI is expanding the functionality of its artificial intelligence coding agent for a number of professions beyond software engineering, a bid to compete with rivals such as Anthropic PBC in signing up more business customers. https://t.co/RdnB6dx9KC

[SiliconBeat @siliconbeat]

Anthropic PBC is allowing 150 additional organizations around the world to access Mythos, an artificial intelligence model aimed at finding cybersecurity vulnerabilities that the company has said was too dangerous to make available to the… https://t.co/FXzWTkJc6A

[SiliconBeat @siliconbeat]

Mounting local opposition to data center construction presents an opening for Bloom Energy Corp., according to its chief executive officer, who pitches its fuel cells as cleaner and quieter than conventional power-generating systems. https://t.co/kli49VWTSo

[SiliconBeat @siliconbeat]

A majority of shareholders have opposed the cybersecurity firm’s compensation packages for top executives in “say-on-pay” votes seven times since 2015. The votes are non-binding, so companies aren’t required to act on them. https://t.co/HBBeUYSFAR

[SiliconBeat @siliconbeat]

(CNN) — Anthropic on Monday said it filed plans for an initial public offering, setting it up for a share sale that could value the company in the trillion-dollar range as it races against rival OpenAI. https://t.co/FxS8occ1X1

[SiliconBeat @siliconbeat]

Anthropic on Monday said it filed confidential plans for an initial public offering, setting it up for what’s expected to be one of the most anticipated market debuts in years. https://t.co/4VZC1EiuKH

[SiliconBeat @siliconbeat]

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era. https://t.co/xRFJmDqrb0

[SiliconBeat @siliconbeat]

SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter, as Elon Musk’s rocket and artificial intelligence company nears its debut. https://t.co/Iouc1BFe0l

[SiliconBeat @siliconbeat]

Anthropic PBC’s latest funding round has vaulted the AI firm’s seven founders into the ranks of the world’s 500 richest people, the most from one company to be added in a single day in Bloomberg Billionaires Index history. https://t.co/QU8YGO8Tl8

[SiliconBeat @siliconbeat]

AG Bonta sued the genetic testing company formerly known as 23andMe, alleging it failed to protect sensitive user data in a 2023 breach that affected nearly 7 million people across the country. https://t.co/7ZQ3GBhcOr

[SiliconBeat @siliconbeat]

Americans lost more than $893 million to AI-related scams last year, including voice cloning attacks along with AI-generated phishing emails, romance scams and other hoaxes. https://t.co/YbvjUWSBrz

[SiliconBeat @siliconbeat]

Snowflake Inc. shares surged by the most in more than five years after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use https://t.co/wEa3LccsRF Inc.’s cloud services and chips. https://t.co/tQDGSeHQYo

[SiliconBeat @siliconbeat]

Salesforce Inc. gave a revenue outlook for the current period that fell just short of analysts’ estimates, failing to ease the concerns of investors already worried about the possibility that artificial intelligence will disrupt the… https://t.co/8YohCDeTCN

[SiliconBeat @siliconbeat]

Oura Health Oy, the popular smart ring maker seeking to go public this year, unveiled a significantly thinner and lighter new model along with new wellness features. https://t.co/kpSMrgB8gB