Tagged: ai development

November 4, 2026 @ 3:22 am By Omar Faridi  |  

A security incident involving a tampered version of Anthropic’s Claude Code extension briefly exposed users of the Cursor AI coding platform on October 29, 2026. Cursor, the SpaceX-owned company behind the popular AI-assisted code editor, disclosed that malicious builds of the Anthropic.claude-code extension—specifically versions 2.1.312… Read More

October 29, 2026 @ 3:46 pm By Omar Faridi  |  

Microsoft’s (NASDAQ: MSFT) latest quarterly results underscore accelerating artificial intelligence adoption across its cloud platform, with particular relevance for financial technology applications that demand secure, scalable compute. On Wednesday, the company delivered first-quarter figures for fiscal 2027 that surpassed analyst forecasts, prompting shares to rise… Read More

October 29, 2026 @ 8:44 am By Omar Faridi  |  

Alphabet Inc. (NASDAQ: GOOGL) reported third-quarter results that fell short of Wall Street forecasts for both revenue and earnings, prompting a sharp decline in its shares after hours as investors scrutinized the company’s massive investments in artificial intelligence infrastructure. In early trading today, the company’s… Read More

October 25, 2026 @ 12:16 am By Omar Faridi  |  

Chinese artificial intelligence company DeepSeek has completed a major capital raise totaling roughly 100 billion yuan, equivalent to about $15 billion, according to a Bloomberg report citing people familiar with the matter. The Hangzhou-based startup increased its fundraising goal more than once during investor discussions,… Read More

October 14, 2026 @ 7:09 pm By Omar Faridi  |  

New York Federal Reserve President John Williams has indicated that constraints on the supply of equipment critical to artificial intelligence infrastructure may endure beyond two years, adding to potential upward pressure on prices. Speaking in a Bloomberg interview, he observed that the intensive construction of… Read More

September 29, 2026 @ 2:44 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) co-founder Bill Gates has added his voice to a growing push for government oversight of artificial intelligence, arguing that companies cannot be left to police themselves as the technology becomes more powerful. In a recorded conversation with NBC’s “Meet the Press,” later… Read More

September 27, 2026 @ 4:30 pm By Omar Faridi  |  

Washington and Beijing have opened a formal conversation on advanced computing while stretching their latest commercial ceasefire, a pairing that looks modest on paper and more consequential in practice. After a three-day leadership visit in the US capital, the two governments said they would keep… Read More