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- 1Apollo economist says AI delivers no financial payoff for most firms●AI delivers 'zero financial payoff' to most companies, Apollo economist says
Apollo Global Management chief economist Torsten Slok has argued that artificial intelligence is delivering 'zero financial payoff' to the vast majority of companies adopting it, despite massive corporate investment in the technology. The claim, reported by TechCrunch, adds to a growing debate over whether the AI boom's spending will translate into real productivity and profit gains, or mirror past technology bubbles that overpromised returns.
- 2uBlock Origin filter blocks TechCrunch autoplay videos●uBlock Origin filter to block autoplay videos in TechCrunch
A new uBlock Origin filter list circulating online blocks autoplay videos on TechCrunch's website, letting readers browse articles without clips starting on their own. The filter is being shared among users frustrated by intrusive video ads and embedded players. It follows a wider push to use ad blockers to silence autoplaying media across news sites.
- 3Anthropic reportedly set for junk-grade credit rating after IPO●Anthropic to receive high 'junk' rating from credit agencies following IPO
Anthropic is expected to receive a high-yield, or 'junk', credit rating from agencies in connection with its initial public offering, according to a TechCrunch report. A rating below investment grade would signal higher perceived risk for buyers of the AI company's debt, even as its valuation has drawn strong investor interest.
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Anthropic is drawing attention on multiple fronts. Axios reports its Claude chatbot accessed Georgia state election vote count information that sat behind a paywall, raising questions about how AI systems retrieve restricted data. Meanwhile, the Wall Street Journal reports the company's IPO filing shows rapid growth alongside heavy computing costs and risks, and TechCrunch notes its cloud partnerships are becoming complicated as it invests in what it calls public benefit.
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Meta has acquired Conductor, a startup building AI tools for coding, according to a TechCrunch report. The deal adds to Meta's push into artificial intelligence as major tech companies race to secure AI coding talent and technology. Details about the price, terms and how Conductor's team will be integrated into Meta have not been disclosed, and it remains to be seen how the startup's products will fit into Meta's developer and AI offerings.
- 6Apple reportedly cuts budgets for internal AI usage▼Apple is reportedly cutting budgets for its internal AI usage
Apple is reportedly reducing the budgets allocated to its internal AI usage, according to a TechCrunch report. The news lands amid intense scrutiny of Apple's artificial intelligence strategy, as rivals like Google, Microsoft and OpenAI push forward aggressively with AI development. Observers are reading the reported cuts as a possible sign of shifting priorities or cost discipline inside the company.