Amazon founder Jeff Bezos is among the players in a new $693 million funding round for Tenstorrent, a maker of graphic processing units, the complex computer chips that are the foundation for AI.
Tag: AI
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AI’S FUTURE IS SMALLER, CUSTOM-BUILT SYSTEMS, INFOSYS CHAIR SAYS
Instead of buying ever bigger, more powerful AI systems, companies will build or buy smaller AI models customized to their own needs, Nandan Nilekani, chair of the Indian tech giant Infosys, said in a Financial Times forecast.
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YOU WILL OWN NO LIFE AND BE HAPPY: THE AFFORDABLE LIVING AS A SERVICE (ALaaS) SCAM
Tech giants, and increasingly businesses leveraging AI, robotics and related automation technologies, are admitting the scale of worker obsolescence that’s coming.
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U.K. OPENS LAB TO FIND AND COUNTER AI SECURITY THREATS
Britain has established the Laboratory for AI Security Research (LASR) to safeguard the nation and its allies against AI-based cybersecurity threats in what officials called an “AI arms race.”
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BANKING ON AI: CAPITAL ONE, JPMORGAN ARE LEADING THE INDUSTRY
Banks are adopting and deploying AI at an accelerating pace, but the best are doing so twice as fast as their competitors.
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NVIDIA: HOW FAST, HOW HIGH, HOW FAR?
Nvidia, the California company that makes about 90 percent of the world’s cutting-edge AI chips, has become the world’s most valuable company, seeing its market value soar by $2.5 billion over the past 12 months.
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AMAZON DOUBLES ITS INVESTMENT IN ANTHROPIC
Amazon has put another $4 billion into AI start-up Anthropic after putting in $1.25 billion in September 2023 and raising its stake to $4 billion last March.
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COMPANIES, AI DEVELOPERS COLLABORATE ON INDUSTRY-SPECIFIC MODELS
Companies have found a new way that AI can add to their bottom lines. Corporations in specific industries are collaborating with AI developers to create industry-specific models that they can sell to other businesses in their niche.