Lockheed Martin on Monday announced a new PAC-3 interceptor that it said costs less than half the price of a regular Patriot missile. The PAC-3 Adaptive Capability Effector, or ACE, is “built to defeat a broad range of air and missile threats for less than half the cost of a PAC-3 MSE per unit,” the
UK-based healthcare billing software maker Craneware is responding to a cyberattack in which hackers stole a “significant volume” of customer data from its systems, the company said Monday. The company said the hackers appear to have been kicked out of its systems, but its investigation into the breach is ongoing, according to a statement filed
Netflix hopes employees across the company will develop an “aspiration for AI fluency” as the technology reshapes the way work is done, a senior executive said. Elizabeth Stone, Netflix’s chief product and technology officer, said in an episode of “Lenny’s Podcast” released Sunday that the streaming giant is encouraging all employees, from new hires to
AI infrastructure company Infinity on Monday announced a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers at companies like OpenAI and Anthropic. The startup is creating software to make it easier for AI chips to run AI models. A big reason why Nvidia became the top
AI agents are starting to perform more sophisticated tasks, such as identifying suppliers that can deliver cargo, comparing prices, and sending messages to the supplier to arrange a delivery. But when it comes to paying for shipping, they still need to involve a human. Today’s financial sector depends on financial pathways, the underlying infrastructure that
The impressive capabilities of Chinese lab Moonshot’s Kimi K3, the largest open-weight large language model, have started a debate that combines two things: the economic possibilities of American AI giants and the future of LLMs as a technology. OpenAI’s head of strategic futures, Dean W. Ball, went so far as to argue that the US
