MongoDB hosts an AI memory engineering hackathon in San Francisco on October 11th, challenging developers to build smarter AI agents using Atlas Vector Search and Voyage AI tools, with cash prizes for winning teams who create the best solutions for capturing, storing, and retrieving information to enhance AI decision-making capabilities.
GreenBitAI launches Libra, the world's first offline AI agent that generates professional documents locally on consumer laptops, using breakthrough technology that shrinks model size by 75% while targeting financial, healthcare, legal, and academic sectors with enterprise-level precision.
US military's revolutionary Epirus Leonidas microwave weapon achieves flawless 100% accuracy rate by destroying 61 drones in live testing, including simultaneously downing 49 drones with one pulse, marking a breakthrough in anti-swarm defense technology.
MIT spinoff Liquid AI unveils six revolutionary Liquid Nano AI models with up to 2.6 billion parameters that run directly on smartphones and laptops, matching larger cloud-based systems while offering free commercial use for smaller companies under $10 million revenue.
CoreWeave secures massive $6.5 billion deal with OpenAI, expanding their partnership to a staggering $22.4 billion total as the AI cloud provider races to meet exploding demand for Nvidia GPU-powered data centers amid what OpenAI's CEO calls 'terrible' compute constraints plaguing the industry.
Alibaba Cloud integrates Nvidia's embodied AI development toolkit, providing users with data processing, reinforcement learning and model training tools for physical robot development in a partnership that signals positive momentum for Chinese AI robotics companies.
Oracle raises $18 billion in 2024's second-largest bond sale with nearly $88 billion in investor demand, issuing debt including a rare 40-year bond to fund massive AI infrastructure spending for clients like OpenAI and Meta as cash flow turns negative for the first time since 1992.
Alibaba shares soar to a four-year peak as CEO Eddie Wu reveals plans to surpass the company's massive $53 billion AI investment commitment, with the tech giant reporting explosive triple-digit AI product growth and 26% cloud sales surge despite US chip restrictions forcing development of proprietary processors.
WebAssembly 3.0 launches with massive 16 exabyte memory support, garbage collection, and enhanced features for high-level programming languages like Java and Kotlin.
AI companies face a massive $800 billion revenue shortfall by 2030 as computing costs skyrocket toward $2 trillion, with tech giants spending over $500 billion while firms like OpenAI bleed billions and global power demands threaten to outstrip supply capacity.