Xiaomi just crashed the AI party. The Chinese tech giant unveiled MiMo, its first large language model, marking a dramatic shift from smartphones and electric cars to artificial intelligence.
TSMC launched construction of its third semiconductor plant in Arizona today, marking the largest foreign investment in U.S. manufacturing history. U.S. Commerce Secretary Howard Lutnick visited the site to mark the milestone.
Klarna CEO Sebastian Siemiatkowski wants to set the record straight. His company's dramatic farewell to Salesforce wasn't a breakup story for the masses.
The fintech leader sparked industry buzz last September when Klarna replaced Salesforce's CRM with an in-house AI system. The move cut 700 contract jobs and saved $40 million yearly. Salesforce CEO Marc Benioff raised eyebrows, questioning how Klarna handles customer data.
Now, as Klarna eyes an IPO, Siemiatkowski clarified on X.com: They didn't just plug everything into ChatGPT and call it a day. The company built its own tech stack, using Neo4j's graph database and other tools to consolidate data from various SaaS systems.
The Swedish fintech's AI transformation isn't a blueprint for others. Instead, Siemiatkowski predicts fewer SaaS players will dominate the market. These survivors will offer similar AI-powered solutions to companies that lack Klarna's resources.
Why this matters:
The "build vs. buy" debate gets a plot twist: Even successful DIY stories don't always travel well
Sometimes breaking up with your software vendor means you're the exception, not the trendsetter
Xiaomi just crashed the AI party. The Chinese tech giant unveiled MiMo, its first large language model, marking a dramatic shift from smartphones and electric cars to artificial intelligence.
OpenAI reversed ChatGPT's latest update Tuesday after users complained about the AI's strange behavior. The bot had started agreeing with everything - even dangerous ideas.
Meta launched an AI app that uses your Facebook and Instagram history to personalize responses from day one. Built on their Llama 4 model, the app transforms years of social media data into an AI that claims to understand your preferences, habits, and interests.
Alibaba released eight new AI language models Monday that match or beat the performance of top competitors like Google and OpenAI. The new Qwen3 family ranges from compact 0.6-billion-parameter models to a massive 235-billion-parameter version.
