Europe’s NATO members need to spend 5 percent of their GDPs on defense, not the current 2 percent that the countries have set as their threshold, Donald Trump told a 7 January press briefing.
Author: admin (Kendrick Williams)
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AI IN BRIEF
Headline start-up firms including Anthropic and Elon Musk’s xAI coaxed a record $97 billion from venture capital funds in 2024, PitchBook reported, about a third more than the year before.
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FINDING EUROPE’S PLACE IN THE AI REVOLUTION
The dominant AI models might be made by U.S. companies such as Google and OpenAI, but Europe can create an AI industry around tailoring apps based on those platforms for specific industries and companies, Skype cofounder Niklas Zennström said in a Financial Times interview.
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NVIDIA AS VENTURE CAPITALIST
Nvidia passed a $3-trillion market cap in June on its ownership of an estimated 80 percent or more of the market in graphics processing units, the chips that make AI work.
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AI WILL SPARK MERGER SPREE IN DEFENSE INDUSTRIES, ANALYSTS SAY
After servicing wars in Ukraine and the Mideast and supplying various other nations with weapons, in 2026 the world’s 15 largest defense contractors will be sitting on about $50 billion in cash, analysts forecast, about twice as much as at the end of 2021.
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OIL COMPANY COMBINES AI AND SUPERCOMPUTER TO FIND NEW RESERVES
Eni, Italy’s national oil company, has married AI and the world’s most powerful supercomputer outside of the U.S. to find new oil and gas deposits.
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ANOTHER INDUSTRY ENDANGERED BY AI
The online education industry—tutoring, exam prep, and similar services—was flooded with $17.3 billion in investments during the COVID War as students were locked down at home.
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TECHNOCRACY BRIEFS: AI GETTING BETTER, HUMANS, NOT SO MUCH
New research published in the science journal Societies has taken perhaps the most detailed look yet at the effects of growing human use of and reliance on generative AI.
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SURGICAL ROBOT LEARNS ITS TRADE BY WATCHING VIDEOS
Robots have been doing surgery for 40 years, with their grippers and snippers guided by human surgeons using joysticks.
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QUANTUM SOFTWARE FOR YOUR QUANTUM COMPUTER
Quantum computers, which capitalize on quirks of quantum physics to operate orders of magnitude faster than silicon-based machines, are barely emerging from the experimental stage but software designers are already making programs for them.