An algorithm is a set of defined steps or rules a computer follows to solve a problem or complete a task. In artificial intelligence, algorithms form the backbone of machine learning, helping systems process data, identify patterns, and make predictions or decisions without explicit programming.
Mark Zuckerberg told employees that Meta’s AI agents have progressed slower than expected and its restructuring was “not as clean” as planned, a rare admission amid huge AI spending.
Microsoft is investing $2.5 billion in Frontier, a new unit that will embed 6,000 engineers with customers to help them adopt AI, joining a wider industry race into hands-on deployment.
OpenAI has proposed handing the US government a roughly 5% stake, worth about $43 billion, to seed a public wealth fund and ease mounting political pressure in Washington.
A new study of 22,000 US firms found that the heaviest AI spenders grew headcount faster than peers, including entry-level roles, complicating fears of an AI jobs apocalypse.
As Washington limits Anthropic’s and OpenAI’s top models on security grounds, critics warn the restrictions are handing momentum to Chinese open-weight rivals like GLM-5.2.
Microsoft is heading for its worst month since 2008 as investors worry that its heavy AI spending may not pay off and that AI could erode demand for its core software.
South Korea announced about $880 billion in planned investment to expand chipmaking, AI data centers and robotics, aiming to double memory output and revive regions outside Seoul.
Anthropic is hiring across Australia and Japan to expand its AI data center capacity in Asia-Pacific, as soaring demand for Claude strains its infrastructure.
Web3 gaming unicorn Immutable cut 29 roles and gutted its in-house game studios to focus on Audience, an AI marketing platform for the broader games industry.
ByteDance’s record offshore loan would nearly double its 2024 facility and help fund capital spending that could reach $70 billion this year on AI data centers.