Paris-based digital health insurance startup Alan raised €480M led by Prosus at a €5.5B valuation, and is set for €1B+ in annual recurring revenue by year's end
Paris-based group raises one of Europe's biggest non-AI start-up rounds this year
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options
- Microsoft 365 personal plan price increased by 45% — Cheaper ‘classic’ plan only revealed during cancellation process
Study: endoscopists accustomed to using AI during colonoscopies detected fewer precancerous growths after the tech was taken away, raising “deskilling” concerns
- The adenoma detection rate (ADR) in more than 1,400 non-AI assisted colonoscopies dropped 6 percentage points …
Microsoft's Q4 earnings show its non-AI “core infrastructure business” is booming, with consumer productivity software revenue up 20%, its best uptick in years
Asa Fitch / Wall Street Journal :
Anthropic releases Claude 3.7 Sonnet, a hybrid model that can produce fast responses or extended, step-by-step thinking, and Claude Code, an agentic coding tool
and it could be a game changer Ghacks : Anthropic Unveils Claude 3.7: First Hybrid Reasoning AI Model Rowan Cheung / The Rundown AI : Claude enters the reasoning era Siddharth Jindal / Analytics India...
Despite a weak earnings report, corporations are still buying from Intel, which continues to dominate market share for non-AI computing workloads on servers
Wall Street Journal :
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net income down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales slump
And Those Of Others Larry Dignan / Constellation Research : TSMC's Q2: 6 takeaways to know CNBC : TSMC reports first profit drop in 4 years as electronics demand slump continues Andrew Jolly / HPCwire...
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag
Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump — Sluggish demand for smartphones …