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Sam Altman says the industry has been too ambitious on AI timelines. He counts himself among the people who got it wrong. The OpenAI chief executive said so to the podcaster David Senra, in an episode released on Sunday. He was answering a question about someone elses prediction. The claim he was pushing back on [] This story continues at The Next Web
PDD Holdings posted adjusted quarterly earnings of 19.33 yuan per share against estimates of 18.51, with revenue up 8% to 112.4bn yuan, or $16.6bn, missing forecasts. Shares rose about 3.5% premarket as European regulatory pressure on Temu continues to build. Temus owner made more money than analysts expected and sold less than they hoped. PDD [] This story continues at The Next Web
Nvidia took a minority stake in Cloverleaf Infrastructure on Friday. Cloverleaf secures land and electricity for data centres. It is the third company of that kind Nvidia has bought into in quick succession, according to The Information. Neither company disclosed terms. The Wall Street Journal reported on Friday morning that Nvidia was expected to invest [] This story continues at The Next Web
A Twitch streamer sued Twitch and Amazon on 20 August over the use of livestreams to train Amazons generative AI. The complaint runs to 37 pages. Counsel filed it in the Northern District of California, San Francisco Division. The case number is 3:26-cv-08721. Its central documentary claim concerns a contract. Twitch announced an opt-out setting [] This story continues at The Next Web
Funding for UK fintech companies has dropped to its lowest level in at least ten years,according to Bloomberg, which reported the figures on Sunday. The decline lands on a sector that Britain has spent the better part of fifteen years describing as its clearest technology success story, and it fits a pattern visible across the [] This story continues at The Next Web