Enterprise AI spending faces a major slowdown as organizations struggle to connect AI investments to financial returns. The gap between vendor promises and business value is triggering a market correction that could reshape the entire AI ecosystem.
Wind energy costs are accelerating faster than solar as new tariffs and policy changes create market uncertainty. Corporate buyers face rising prices for clean energy contracts amid shifting federal landscape.
Kong CEO Augusto Marietti acknowledges the AI sector may be heading for a bubble but argues the massive infrastructure investments will ultimately prove necessary. He compares current spending to 19th century railroad construction that initially seemed excessive but became essential. Energy constraints remain the primary bottleneck for AI scaling, according to industry leaders.
Despite growing concerns about an AI investment bubble, industry leaders are betting that today’s massive infrastructure spending will pay off long-term, even if some companies falter along the way. Kong CEO Augusto “Aghi” Marietti recently told Business Insider that while a market correction seems inevitable, the underlying infrastructure being built will remain critical to the technology’s future.
European robotics is experiencing unprecedented growth with €1.12 billion raised across 91 deals this year. From adaptive systems for unstructured environments to autonomous warehouse solutions, these innovators are reshaping multiple industries across the continent’s technology hubs.
European robotics is experiencing unprecedented growth, with reports indicating the sector has attracted €1.12 billion across 91 deals so far in 2024, according to data analysis from industry sources. This represents a significant increase from the €761 million raised across 104 deals throughout 2023, suggesting accelerating investor confidence in the region’s robotics capabilities.
Replit CEO Amjad Masad suggests the pursuit of true artificial general intelligence may be unnecessary for economic transformation. According to his recent comments, “functional AGI” capable of learning from real-world data could automate significant labor sectors without requiring human-like reasoning capabilities.
Replit CEO Amjad Masad has articulated a vision for artificial intelligence that prioritizes practical economic impact over theoretical breakthroughs, according to reports from a recent podcast appearance. The tech executive suggested that what he terms “functional AGI” could transform society without requiring the development of human-like consciousness or reasoning capabilities that characterize true artificial general intelligence.
Rivian founder and CEO RJ Scaringe is stepping into the chief marketing officer position temporarily during a major organizational shakeup. The electric vehicle maker is eliminating approximately 600 positions as it prepares for next year’s critical R2 SUV launch.
Rivian Automotive is undergoing significant organizational changes as founder and CEO RJ Scaringe assumes the role of interim chief marketing officer, according to reports from TechCrunch. The leadership shift comes alongside workforce reductions affecting roughly 4.5% of employees, which sources indicate translates to more than 600 positions across the company.
The Institute of Materials, Minerals and Mining announces M3P3, a major sustainability-focused conference scheduled for November 2025 in Birmingham. Industry leaders and technical experts will gather to address circular economy challenges and sustainable materials innovation.
The materials, minerals, and mining sectors are set to converge in Birmingham for a significant sustainability-focused conference in November 2025, according to event organizers. The Institute of Materials, Minerals and Mining (IOM3) will host Materials, Minerals and Mining for People, Places, Planet (M3P3) at Millennium Point on November 11-12, 2025, bringing together more than 22 technical communities for what sources describe as a “dynamic programme of debate, insight, and collaboration.”
The Aluminum Energy Breakthrough In a Boston laboratory, a startup is preparing for what could be the most significant real-world…
DataSnipper CEO Vidya Peters shares insights on automating audit workflows with enterprise-grade AI technology. The Dutch unicorn recently achieved a $1 billion valuation and serves major clients including the Big Four accounting firms and Fortune 500 companies.
DataSnipper, the Netherlands-based audit automation platform, has achieved significant market traction with over 600,000 professionals across 2,000 customers in 175 countries, according to recent reports. The company, which reached a $1 billion valuation following a $100 million Series B round led by Index Ventures in 2024, has been named the fastest-growing company in the Netherlands for two consecutive years, sources indicate.
European Aerospace Giants Forge Unprecedented Space Alliance In a strategic move that could reshape the global space industry, Europe’s three…
