billion
-
Blog
Eddy Cue is fighting to save Apple’s $20 billion paycheck from Google
Microsoft’s Bing or DuckDuckGo probably won’t disrupt Google’s dominance in search, said Apple senior vice president of services Eddy Cue — but AI services easily could. Cue was returning to a courtroom in Washington, DC where he last testified in the Justice Department’s trial against Google’s search monopoly in September 2023. During the current remedies trial on Wednesday, Cue said…
Read More » -
Blog
$200 billion to build a data center? Soaring AI demands mean costs could skyrocket within a few years
Surging AI-related infrastructure demands mean data centers could soon cost as much as $200 billion to build, according to a recent study, with most owned privately rather than by governments. Research by Epoch AI tracing the computing powering AI by analyzing 500 systems shows that AI supercomputers — Epoch’s phrase for AI data centers or GPU clusters — are doubling…
Read More » -
Blog
US lost record $16.6 billion to cybercrime in 2024
The FBI says cybercriminals have stolen a record $16,6 billion in 2024, marking an increase in losses of over 33% compared to the previous year. According to the bureau’s annual Internet Crime Complaint Center (IC3) report, IC3 recorded 859,532 complaints last year (256,256 with actual loss), amounting to an average loss of $19,372. The most impacted group is older Americans,…
Read More » -
Blog
WordPress ad-fraud plugins generated 1.4 billion ad requests per day
A large-scale ad fraud operation called ‘Scallywag’ is monetizing pirating and URL shortening sites through specially crafted WordPress plugins that generate billions of daily fraudulent requests. Scallywag was uncovered by bot and fraud detection firm HUMAN, which mapped a network of 407 domains supporting the operation that peaked at 1.4 billion fraudulent ad requests per day. HUMAN’s efforts to block…
Read More » -
Blog
Google blocked over 5 billion ads in 2024 amid rise in AI-powered scams
Google blocked 5.1 billion ads and suspended more than 39.2 million advertiser accounts in 2024, according to its 2024 Ads Safety Report released this week. The company says the increasing enforcement activity is caused by the growing threat of AI-generated content, impersonation scams, and abuse of its ad platform. In particular, Google highlighted the use of generative AI tools to create deepfake…
Read More » -
Blog
Nvidia braces for a $5.5 billion hit as tariffs reach the semiconductor industry
Nvidia said it will incur a $5.5bn cost due to the US government’s tightened export rules imposed on China. The chip manufacturer is one of the key providers behind the boom in artificial intelligence technologies, but it will now require a license to export its H20 AI processors to China. An escalating trade war between the US and China has…
Read More » -
Blog
Poor cybersecurity practices cost SMBs £3.4 billion a year – and 28% risk going out of business after a single attack
Small businesses across the UK are losing £3.4 billion a year thanks to inadequate cybersecurity measures, according to new research. Cyber attacks against SMBs have surged in recent years, analysis from Vodafone Business shows, with more than a third experiencing a cyber incident last year alone. Meanwhile, 28% had between one and five attempted attacks, and 6% were targeted up…
Read More » -
Blog
Google shakes off tariff concerns to push on with $75 billion AI spending plans – but analysts warn rising infrastructure costs will send cloud prices sky high
Google CEO Sundar Pichai has confirmed the company will still spend $75 billion on building out data centers despite economic concerns in the wake of US tariffs. While many were paused or reduced yesterday, heavy tariffs still remain on China, potentially raising the cost of infrastructure projects deemed necessary to enable the development and rollout of AI. Speaking at the…
Read More » -
Blog
EU Invests €1.3 Billion to Boost AI Adoption & Improve ‘Digital Competencies’
Image: seventyfourimages/Envato Elements The EU is pouring €1.3 billion ($1.4 billion) over the next two years to accelerate the adoption of artificial intelligence technologies. The funding will support the development and testing of “immersive environments” to apply in healthcare for purposes like training and virtual patient assessments. The investment will also support the implementation of the AI Act, which ensures…
Read More » -
Blog
OpenAI just raised another $40 billion funding round
OpenAI is set to receive $10 billion up front (SoftBank will invest $7.5 billion along with $2.5 billion “from an investor syndicate,“ according to Bloomberg). The remaining $30 billion is slated to arrive by year’s end, CNBC reported — but only if it officially converts into a for-profit company by then. If not, it reportedly stands to lose a quarter…
Read More »