AI: Latest News and Analysis

ARPU
Nvidia's AI Boom Collides with US-China Tensions

Nvidia, the leading manufacturer of artificial intelligence chips, is facing a potential roadblock to its global expansion as the Biden administration prepares to implement new restrictions on AI chip sales, reports The New York Times.

The proposed framework would tighten control over AI chip exports, turning them into a diplomatic

ARPU
Biden Administration Considers Executive Order to Expedite AI Data Center Construction on Federal Lands

The Biden administration is drafting a plan to expedite the construction of massive data centers and power plants on federal lands, aiming to bolster the United States' position in the global race for artificial intelligence dominance, as reported by The Washington Post. This initiative comes in response to concerns

ARPU
AI Models Strategically Lying to Avoid Modification: New Research

A new study offers some of the first evidence that advanced AI models are capable of strategically misleading their creators during the training process, as reported by TIME. The research, jointly conducted by AI company Anthropic and the nonprofit Redwood Research, reveals that a version of Anthropic's Claude

TechCrunch
Here’s the full list of 49 US AI startups that have raised $100M or more in 2024
AI startups continue to dominate the venture capital funding landscape. Here are the all the megarounds so far in 2024.
Reuters
OpenAI unveils 'o3' reasoning AI models in test phase
OpenAI said on Friday it was testing new reasoning AI models, o3 and o3 mini, in a sign of growing competition with rivals such as Google to create smarter models capable of tackling complex problems.
CRN
Nvidia’s Run:ai Acquisition Gets Approved By EU Regulator
The European Commission on Friday said it has “unconditionally” approved Nvidia’s acquisition of GPU orchestration software startup Run:ai, which the company plans to use to boost its DGX Cloud ...
VentureBeat
Perplexity’s Carbon integration will make it easier for enterprises to connect their data to AI search
With the acquisition of Carbon, Perplexity will expand the knowledge pool powering its AI search engine, making its responses more relevant.
ARPU
Tesla Explores Austin for Driverless Fleet Launch, as Early as Next Year

Tesla is in preliminary discussions with the city of Austin regarding the deployment of its autonomous vehicle technology, potentially bringing driverless fleets to Texas roads as early as 2024, reports Bloomberg.

Emails obtained by Bloomberg through public records requests reveal that a Tesla employee has been communicating with Austin'

ARPU
Sony and AMD Team Up for AI-Powered Gaming Revolution

Sony and AMD, the technology partners behind the PlayStation 5, are deepening their collaboration to develop advanced AI-powered technology for gaming, reports The Verge. This new initiative, codenamed "Project Amethyst," aims to enhance game graphics and gameplay, potentially impacting future PlayStation consoles and beyond.

"We have begun

ARPU
ASML, Dutch Tech Firms Pledge $230M for Eindhoven Infrastructure

A group of Dutch technology companies, including chip equipment maker ASML, will contribute approximately $230 million to a fund aimed at developing infrastructure in the Eindhoven region of the Netherlands, reports Reuters. This move aligns with "Operation Beethoven," a government initiative to invest €2.5 billion ($2.

ARPU
ASML Enlists Former French Finance Minister Le Maire to Bolster European Chip Industry

Dutch semiconductor equipment giant ASML has appointed former French Finance Minister Bruno Le Maire as an advisor to its executive board, ASML spokesperson said Thursday. The move reflects ASML's commitment to strengthening Europe's broader semiconductor industry.

"We believe that substantial investments in the European semiconductor

Wall Street Journal
Heard on the Street: Micron Not Saved by AI This Time
Like most chip companies not named Nvidia, Micron can’t live on artificial intelligence alone. Booming demand for generative AI components is definitely helping the memory chip maker, by lifting ...
Fortune
Bias in medical algorithms is one of AI’s long-running issues. Will new guidelines ignite action?
An international initiative has recommended steps to tackle the issue, but its impact remains unclear ...
Financial Times
Big bets on AI point to venture capital industry’s shift
Fewer, bigger funds pumping ever-larger amounts into an increasingly narrow range of companies, almost all of them in AI: it’s a long way from the model on which venture was founded, of spreading ...
TechCrunch
In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to ...
SiliconANGLE
Patronus AI releases Glider: a small, high-performance AI evaluator model for other models
Patronus said that by providing an open-source model that supports on-premises deployment, Glider can be used for multiple evaluation use cases including acting as a LLM guardrail, which can evaluate ...
TechCrunch
TuSimple pivot from self-driving to AI animation is complete with CreateAI rebrand
TuSimple has completed its pivot away from autonomous trucking to AI animation and gaming with a rebrand. The company shall henceforth be known as ...
TechCrunch
Boon raises $20.5M to build agentic AI tools for fleets
“Think of Boon as the second employee in the back office,” said Deepti Yenireddy, the founder and CEO, in an interview. “Our AI agent is like another teammate doing critical work so that people can ...
SCMP
Shenzhen showers AI companies, workers with cash to boost local industry
Municipal government issues a slew of new policies including tens of millions of dollars in subsidies to promote AI development.
ARPU
Tokyo Electron Shifts Focus to AI as China Slowdown Looms

Japanese chipmaking equipment manufacturer Tokyo Electron is pivoting toward artificial intelligence (AI) to offset a projected slowdown in its Chinese business, reports Nikkei Asia. The company aims to increase the AI sector's contribution to wafer fab equipment (WFE) sales to approximately 40% in the fiscal year ending March

SiliconANGLE
UK coalition of creatives rejects government plan on AI copyright exemption
A coalition of publishers, news media, musicians, photographers and film producers has rejected a proposal issued earlier this week by the U.K. government to allow artificial intelligence companies to ...
ARPU
Private Equity Firms Pledge China-Free Investments Amidst US Crackdown

More than two dozen private equity firms have pledged to avoid investments in entities based in China and Hong Kong, signaling a growing trend in the US to restrict capital flows to Chinese sectors deemed a national security risk, reports Nikkei Asia.

The 33 signatories to the "Clean Capital

ARPU
US Probes Nvidia Over Chips in China, Amidst Smuggling Concerns

The US Department of Commerce is investigating how Nvidia, a leading chip manufacturer, has allowed its products to reach China over the past year, reports Reuters, citing The Information. The probe, reportedly triggered by concerns over potential violations of export controls, has prompted Nvidia to engage in spot checks of

VentureBeat
ChatGPT adds more PC and Mac app integrations, getting closer to piloting your computer
ChatGPT can now support more coding platforms and applications on its desktop apps, opening the door for more agentic use in the future.
Financial Times
Broadcom chief Hock Tan says AI spending frenzy to continue until end of decade
Hock Tan, Broadcom’s chief executive, told the Financial Times his clients in Silicon Valley were drawing up AI infrastructure investment plans spanning “three to five years in a very big hurry”.
Reuters
Ukraine collects vast war data trove to train AI models
As the future of warfare pivots towards artificial intelligence, Ukraine is sitting on a valuable resource: millions of hours of footage from drones which can be used to train AI models to make ...
TechCrunch
British university spinoff Mindgard protects companies from AI threats
AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients ...
ARPU
ByteDance Slash Prices for Advanced AI Model in China's Brutal Price War

ByteDance, the parent company of TikTok, has intensified the Chinese generative artificial intelligence (GenAI) market rivalry by slashing the price of its new AI model with "visual understanding" capabilities, reports the South China Morning Post.

The new model, part of the company's Doubao family, was introduced

SCMP
Tencent teams with smartphone maker Honor on AI while Apple searches for a partner
Tencent is providing cloud computing resources to strengthen Honor’s AI offerings while Apple Intelligence is still absent in China.
TechCrunch
‘Genius Girl’ goes from inspiring a Korean TV show character to raising a $100 million AI fund
And so Yoon became the inspiration behind “Genius Girl” on the Korean TV show KAIST.
Fortune
Accenture boss Julie Sweet met 30 global CEOs in the last 2 months, and nearly all of them are scrambling to roll out more AI
The tech giant’s CEO, Julie Sweet, was keen to talk up the fervent enthusiasm she had seen among CEOs as a sign the AI boom will last. Indeed, Accenture, which provides clients with technology ...
Fortune
AWS CEO Matt Garman on startups, nuclear power, and soaring AI compute costs
X-energy CEO J. Clay Sell told Fortune via email: "Amazon needs clean, safe, secure electricity as it scales its data center growth and experiences higher power demand. We see this collaboration as an ...
ARPU
US Removes Chinese Chip Maker AMEC from Military Blacklist

Advanced Micro-Fabrication Equipment (AMEC), a Chinese chip equipment maker, has been removed from the US Department of Defense (DOD) blacklist of companies with alleged ties to China's military, reports the South China Morning Post. The Shanghai-based company was removed from the Pentagon's list of "Chinese

ARPU
Arm and Qualcomm Battle in Court Over Chip Design Rights

The future of Qualcomm's push into the laptop business is at stake in a Delaware court as Arm and Qualcomm clash over intellectual property rights related to Arm's computing architecture, reports Reuters. The trial focuses on the ownership of designs based on Arm's architecture,

Inc
Here’s Why an AI Shift Means Thousands of New Jobs at Salesforce
Cloud-based software company Salesforce has gone all in on AI agents that can replicate some human-like work functions, and is hiring lives salespeople to push these products.
TechCrunch
AI startup Oddysee’s new tool can generate photorealistic 3D worlds
Odyssey, a startup founded by self-driving pioneers Oliver Cameron and Jeff Hawke, is developing an AI-powered tool that can transform text or an image into a 3D rendering.
TechCrunch
Perplexity acquires Carbon to connect AI search to your work files
Perplexity acquired a small Seattle-based startup called Carbon which specializes in connecting AI systems to external data sources, the companies ...
TechCrunch
With 25M users, Bluesky gets a $1M fund to take on social media and AI
On Wednesday, open source and Python bigwig Peter Wang announced the fund, dubbed Skyseed, with an initial $1 million war chest. Bluesky is the decentralized social app from Jack Dorsey (though Dorsey ...
VentureBeat
AI filmmakers take note! Runway launches talent platform to meet, greet, and get hired
The new Runway Talent Network is already home to dozens of AI-skilled artists and companies, including Harmony Korine’s EDGLRD studio.
VentureBeat
GitHub is making its AI programming Copilot free for VS Code developers — with limits
The service leverages advanced AI models, including Anthropic’s Claude 3.5 Sonnet and OpenAI’s GPT-4o, with limits.
TechCrunch
Exclusive: Google’s Gemini is forcing contractors to rate AI responses outside their expertise
Internal guidelines passed down from Google led to concerns that the AI model could be prone to inaccurate outputs on topics like healthcare.
Financial Times
Perplexity’s value triples to $9bn in latest funding round for AI search engine
Perplexity, an artificial intelligence-driven search engine, has closed its fourth funding round this year, tripling its valuation to $9bn as it seeks to compete with offerings from Google and OpenAI.
CNBC
Chinese self-driving trucking company pivots to generative AI for video games
Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday.
Fortune
OpenAI says it’s not using voice data or transcripts of calls to new 1-800-ChatGPT phone line for AI training
Offering a free phone service to collect voice data is a tried-and-true Silicon Valley technique pioneered by Google.
ARPU
Qualcomm's Nuvia Acquisition Aimed to Slash Arm Royalty Payments, CEO Testifies

Qualcomm's $1.4 billion acquisition of Nuvia in 2021 was driven by the potential to significantly reduce royalty payments to Arm, CEO Cristiano Amon testified in a Delaware federal court on Wednesday, reports Reuters. Amon stated that the potential savings, estimated at up to $1.4 billion annually,

ARPU
BYD and Nio Embrace Humanoid Robots to Tackle China's Labor Shortage

Chinese electric vehicle makers BYD and Nio are leading the charge in deploying humanoid robots on factory floors, reports Nikkei Asia, as the nation grapples with a shrinking workforce. BYD has introduced the Walker S1 robot from UBTech Robotics to its Hunan province factory, while Nio has deployed the same

VentureBeat
Slack is becoming an AI workplace: Here’s what that means for your job
Slack is evolving from a simple messaging app into an AI-powered workplace platform where digital agents work alongside humans.
ARPU
AI Search Engine Perplexity's Valuation Triples to $9 Billion

Perplexity, an AI-powered search engine, has completed its fourth funding round of the year, tripling its valuation to $9 billion, reports the Financial Times. The $500 million round, led by Institutional Venture Partners (IVP), underscores the fierce competition in the rapidly evolving AI search market.

The San Francisco-based company has

Financial Times
US Homeland Security attacks EU effort to police artificial intelligence
Alejandro Mayorkas warns tensions between US and Europe have grown over differences in regulating top AI companies ...
The Motley Fool
Why This AI Company Could Be the Best Stock-Split Buy Heading Into 2025
Broadcom's valuation is still reasonable, making it a compelling stock to buy heading into 2025 and hold at least through the coming AI ramp-up over the next several years.
Forbes
The AI Software Supply Chain Is A Dumpster Fire: Here's What Companies Can Do About It
Here’s a closer look at the current state of the AI supply chain and the steps companies can take to ensure their systems remain trustworthy and secure.
MSN
Modern AI systems have achieved Turing's vision, but not exactly how he hoped
A recent perspective published Nov. 13 in Intelligent Computing, asserts that today's artificial intelligence systems have finally realized Alan Turing's vision from over 70 years ago: machines that can genuinely learn from experience and engage in human-like conversation.
ARPU
Soaring Cloud Costs Drive Enterprises to On-Premise AI

Amidst the rapid adoption of generative AI (GenAI), rising cloud costs are prompting enterprises to consider on-premises deployments as a cost-effective alternative, reports TechTarget.

While organizations have been experimenting with GenAI in the cloud for several years, escalating expenses are pushing CIOs to explore on-premises solutions, experts say.

"It&

ARPU
Apple in Talks with Tencent and ByteDance for China AI Integration

Apple is reportedly in discussions with Tencent and ByteDance to incorporate their artificial intelligence models into iPhones sold in China, Reuters reports. The move comes as Apple seeks to bolster its AI capabilities in the world's largest smartphone market, where its market share is facing pressure from domestic

ARPU
Microsoft Outspends Rivals on Massive Nvidia Chip Purchase

Microsoft has significantly outpaced its tech rivals in its acquisition of Nvidia's advanced AI chips, highlighting the company's substantial investment in artificial intelligence infrastructure, reports the Financial Times.

Analysts at Omdia estimate that Microsoft purchased 485,000 of Nvidia's "Hopper" chips this

ARPU
Rapidus Makes History as First Japanese Chipmaker to Receive ASML's EUV Machine

Rapidus, Japan's state-backed semiconductor company, has become the first Japanese chipmaker to receive an extreme ultraviolet (EUV) lithography machine from ASML, marking a significant step in Japan's efforts to regain its position in advanced chip manufacturing, reports Nikkei Asia.

The installation of the EUV system at