Google is negotiating a deal worth over $1.5 billion with AI coding startup Mechanize to license its technology and hire talent. Mechanize develops virtual work environments and tools that help AI models perform software engineering tasks, aiming to automate economic activities. This move follows Google's previous $2.4 billion licensing deal with AI code generation startup Windsurf, reflecting Google's strategy to enhance AI coding for faster, cost-effective software development. The talks are ongoing, and details may change.
The iShares Expanded Tech Sector ETF (IGM) provides wider tech sector exposure than the traditional XLK ETF, including communications, consumer discretionary, and non-S&P 500 North American firms. This broader mandate results in a lower forward price...
Google announced a major change in its AI leadership with Jeff Dean, its chief scientist for 27 years, leaving to start a new AI startup called Discovery Loop. Demis Hassabis, CEO of Google DeepMind, will become Google's chairman and chief scientist,...
Microsoft is instructing its developers to primarily use OpenAI's top-tier AI model, GPT-5.6 Sol, for coding projects to maximize efficiency and value from their AI token investments. This move reflects Microsoft's strategy to leverage its early inve...
Jeff Dean, a longtime AI expert at Google and one of its earliest employees, is leaving to launch a new company called Discovery Loop. The firm aims to accelerate scientific and engineering discoveries by automating experimental processes using machi...
Google has restructured its AI leadership, moving Demis Hassabis from his operational role to chair of DeepMind and chief scientist at Alphabet. This change comes as Jeff Dean, a leading AI researcher, leaves Google to start a new company with other ...
