Matthias Bastian

1 week ago | the-decoder.com | Matthias Bastian

Summary Nvidia delivered another record quarter, but the ongoing US export ban on AI chips to China is cutting deep into its bottom line. CEO Jensen Huang is warning that the policy could have serious consequences for the US tech industry. Nvidia reported $44.1 billion in revenue for the first quarter of its 2026 fiscal year, up 12% from the previous quarter and 69% year-over-year. The company's gross margin came in at 60.5% (non-GAAP: 61.0%).

1 week ago | the-decoder.com | Matthias Bastian

Meta is splitting its AI department into two groups: "AI Products" led by Connor Hayes, focused on the Meta AI Assistant and features inside Facebook, Instagram, and WhatsApp, and "AGI Foundations" led by Ahmad Al-Dahle and Amir Frenkel, working on Llama models and advanced reasoning and multimedia models. FAIR, Meta's AI research lab, will continue, though one multimedia team is moving under the new structure. Meta says the change should accelerate product development and give teams more freedom.

1 week ago | the-decoder.com | Matthias Bastian

Summary Mistral AI has unveiled its new Agents API, a framework meant to turn language models into hands-on problem solvers for businesses. The Agents API lets AI agents handle tasks on their own, work together in teams, and plug into outside systems. The new API builds on basic language models by adding tools for action, context tracking, and coordinating multiple specialized agents.

1 week ago | the-decoder.com | Matthias Bastian

Summary Munich-based start-up Spaitial is building Spatial Foundation Models that can create and interpret both real and imagined 3D environments from text or images. The company wants to develop a new kind of AI system with a physical understanding of space. Spaitial, an AI company with offices in Munich and London, is developing technology that can generate and understand complex 3D worlds.

1 week ago | the-decoder.com | Matthias Bastian

Summary Former Meta executive Nick Clegg is warning that a legal requirement for tech companies to secure permission before using copyrighted content to train AI models would devastate the UK's AI sector.