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AI & Enterprise
Anthropic general counsel says AI will upend hourly billing in legal industry
AI will undermine the legal industry’s traditional hourly billing model, Anthropic general counsel Jeff Blake (제프 블레이크) said. He said AI will replace repetitive legal work, making hourly billing less viable and pushing lawyers toward strategy and outcomes-focused services. Blake said the current system distorts incentives between law firms and clients. Executives at Liberty Mutual and IBM also said legal services should be valued by strategy and results, and new billing models are needed.
AI & Enterprise
AWS allies with Cerebras, targets AI inference market
Amazon Web Services has signed a multi-year partnership with AI chip startup Cerebras to offer Cerebras chips in its data centres, the Wall Street Journal reported. AWS plans to deploy Cerebras' Wafer-Scale Engine chips alongside its Trainium chips for AI inference services. Cerebras says its chips can run the decode stage of inference up to 25 times faster than Nvidia GPUs. AWS and Cerebras plan to sell a top-speed inference service at premium prices.
AI & Enterprise
AWS S3 turns 20 after reshaping IT, faces new challenges in AI era
Amazon Web Services marks 20 years since launching Simple Storage Service, or S3, in March 2006. AWS said S3 was built on five principles including security and durability, which remain unchanged. The service has expanded from 15 racks and 400 storage nodes to 39 regions and 123 availability zones, storing hundreds of exabytes and handling more than 200 million requests a second. AWS is rewriting core code in Rust and expanding S3 to support data and AI workloads.
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AI & Enterprise
Nvidia expands sovereign AI push, teams up with Palantir
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AI & Enterprise
Musk rebuilds xAI to boost lagging coding AI competitiveness
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Crypto
Why stablecoins cannot replace XRP: 'Exclusive role in securing global liquidity'
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Crypto
Stablecoins touted as digital cash, but most funds sit idle
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Crypto
Bitcoin breaks above $72,000 as altcoins rebound
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Industry
Lam Research, Applied Materials consider acquiring Dutch chip equipment maker BESI
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Crypto
XRP is a hyper-liquid asset; Hyperliquid analysis draws attention
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Crypto
Ark Invest says quantum computing is still far from breaking Bitcoin, outlines five-stage threat
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Telecommunications & Media
NHRC urges review of mandatory face authentication for mobile phone activations
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AI & Enterprise
SKT's Jung says it must become 'AI infrastructure architect', not just a telecoms carrier
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AI & Enterprise
Bold raises $40 million for on-device AI agent to protect endpoints
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Finance
Hanpass sets IPO price at top end of range at 19,000 won after strong bookbuilding
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AI & Enterprise
ByteDance builds large-scale AI computing power outside China
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AI & Enterprise
Wonderful AI raises $150 million in Series B for AI agent development platform
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AI & Enterprise
Meta delays next-generation AI 'Avocado' launch until after May due to performance issues