Why IT leaders should pay attention to Canva’s ‘imagination era’ strategy

The rise of AI marks a critical shift away from decades defined by information-chasing and a push for more and more compute power.  Canva co-founder and CPO Cameron Adams refers to this dawning time as the “imagination era.” Meaning: Individuals and enterprises must be able to turn creativity into action with AI.   Canva hopes to …

Vibe coding platform Cursor releases first in-house LLM, Composer, promising 4X speed boost

The vibe coding tool Cursor, from startup Anysphere, has introduced Composer, its first in-house, proprietary coding large language model (LLM) as part of its Cursor 2.0 platform update. Composer is designed to execute coding tasks quickly and accurately in production-scale environments, representing a new step in AI-assisted programming. It’s already being used by Cursor’s own …

IBM’s open source Granite 4.0 Nano AI models are small enough to run locally directly in your browser

In an industry where model size is often seen as a proxy for intelligence, IBM is charting a different course — one that values efficiency over enormity, and accessibility over abstraction. The 114-year-old tech giant’s four new Granite 4.0 Nano models, released today, range from just 350 million to 1.5 billion parameters, a fraction of …

Breakthrough optical processor lets AI compute at the speed of light

Researchers at Tsinghua University developed the Optical Feature Extraction Engine (OFE2), an optical engine that processes data at 12.5 GHz using light rather than electricity. Its integrated diffraction and data preparation modules enable unprecedented speed and efficiency for AI tasks. Demonstrations in imaging and trading showed improved accuracy, lower latency, and reduced power demand. This …

AI use makes us overestimate our cognitive performance, study reveals

When it comes to estimating how good we are at something, research consistently shows that we tend to rate ourselves as slightly better than average. This tendency is stronger in people who perform low on cognitive tests. It’s known as the Dunning-Kruger Effect (DKE): The worse people are at something, the more they tend to …

MiniMax-M2 is the new king of open source LLMs (especially for agentic tool calling)

Watch out, DeepSeek and Qwen! There’s a new king of open source large language models (LLMs), especially when it comes to something enterprises are increasingly valuing: agentic tool use — that is, the ability to go off and use other software capabilities like web search or bespoke applications — without much human guidance. That model …