Author: potus

Parts of the IBM Quantum System Two are seen at IBM Thomas J. Watson Research Center in Yorktown Heights, New York, on June 6, 2025.Angela Weiss | Afp | Getty ImagesIBM on Tuesday announced a roadmap to develop a large-scale, fault-tolerant quantum computer called Quantum Starling.Part of the company’s plan involves the new IBM Quantum Nighthawk processor, which is set to release later this year, according to a blog post announcing the details.”Unlocking the full promise of quantum computing will require a device capable of running larger, deeper circuits with hundreds of millions of gates operating on hundreds of qubits,…

(The Center Square) — Texas continues to expand natural gas production, reaching a new high in March, according to a new data analysis published by the Texas Oil & Gas Association.Texas energy demands and countries worldwide also rely on Texas natural gas production and exports, according to the data.Citing U.S. Energy Information Agency data, natural gas withdrawals increased to 36.9 billion cubic feet per day; marketed production reached a record 34.4 bcf/d. Natural gas liquids production remained strong at 4.0 mb/d, according to TXOGA’s June 2025 Monthly Energy Economics Review.”Texas consistently sets the standard for energy leadership,” TXOGA President Todd…

Arvind Jain, CEO of Glean, on SaaS Monster stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal, on Nov. 2, 2022.Harry Murphy | Sportsfile | Getty ImagesGenerative AI enterprise search startup Glean announced on Tuesday that it raised $150 million in a Series F financing, pushing up its valuation from investors by billions of dollars in less than a year, to $7.2 billion. The company’s last fundraising in September 2024 valued Glean at $4.6 billion.On Tuesday, Glean was also named to the CNBC Disruptor 50 list for the second-consecutive year.Glean reported that its annual recurring…

Library protest results in one arrestDozens of people protested outside a public library in Chicago as a Pride Month event was taking place Monday. The event was story time with a drag queen. Supporters also showed up and used pride flags to shield the families entering the library. The library promoted the event as a special story time with books, music and a guest drag performer. Chicago police say one person was arrested at the protest. DePaul disbands Planned Parenthood groupThe Planned Parenthood Generation Action chapter at DePaul University has been told that the group would be disbanded and must cease…

Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. Gonzalo Fuentes | ReutersMeta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, founder and CEO of the startup Scale AI, according to The New York Times.The research lab is going to pursue a concept known as “superintelligence,” which is an AI system that surpasses human intelligence, the Times reported Tuesday. Meta is also in advanced talks to invest more than $10 billion…

(The Center Square) – Wisconsin’s director for Medicaid says more than 60,000 people will lose health care coverage in the state if the Republican-backed reconciliation package isn’t changed.”It’s about 63,000 individuals that currently would not be meeting the work requirements with the data we have today,” Bill Hanna said on UpFront.The reconciliation package includes a part-time, 20 hours weekly work requirement for able bodied adults.”We’re not predicting on how people would change their behavior because of the bill, but they are currently not meeting that 80-hour minimum requirement that’s included in the bill,” Hanna added. “They either need to meet…

The top five companies on the 2025 CNBC Disruptor 50 list — Anduril, OpenAI, Databricks, Anthropic and Canva — have a combined valuation of just under $500 billion. This is more than the combined total valuation of almost every past Disruptor 50 list of the last 12 years.OpenAI, the company that sparked a global arms race for new artificial intelligence capabilities, is the biggest contributor with its $300 billion value. But it is a race in which the other four companies in the top five (and more than two-thirds of the entire 2025 Disruptor 50) are very much key participants.The…

The race for global supremacy in AI and the existential threat it represents to the status quo in the tech industry, and beyond, has led to record venture investment in startups.The top five companies on this year’s Disruptor 50 list — including a new No. 1 Disruptor from the defense tech sector — have a combined valuation of just under $500 billion. That is more than the combined total valuation of almost every past Disruptor 50 list over the last 12 years.One recently hauled in the largest VC round ever, and as consumer and business use of AI rapidly grows,…

This year’s Disruptor 50 list, topped by Anduril in the No. 1 spot, and then OpenAI, showcases 50 companies that are challenging the status quo and using technology (most often, AI) to transform a range of industries.What’s particularly notable about this year’s list is how the sectors represented illustrate key trends not just in technology and VC, but also in politics and society. This is the first time in the 13 years of the Disruptor 50 list that it’s been topped by a defense tech company. The defense tech sector isn’t just represented by Anduril, with Flock Safety, Saronic Technologies…

French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024.Chesnot | Getty Images Entertainment | Getty ImagesFrench artificial intelligence firm Mistral is on Tuesday launching its first reasoning model to compete with rival options from the likes of OpenAI and China’s DeepSeek.”We’re announcing in a couple of hours our new reasoning model, which is very much competitive with all the others and has the specificity of being able to reason in multiple languages,” CEO Arthur Mensch told CNBC’s Arjun Kharpal onstage…