Artificial Intelligence

AI Pioneer Geoffrey Hinton Supports Musk’s Legal Battle Against OpenAI’s Profit Transition

Geoffrey Hinton, often referred to as the “Godfather of AI,” has expressed his backing for Elon Musk's ongoing lawsuit against OpenAI over the company's controversial transition from a non-profit research organization to a for-profit entity. Hinton, a Nobel laureate and AI pioneer, criticized OpenAI's move to abandon its non-profit status, a decision that has sparked significant concern within the AI community, including among OpenAI's co-founders, such as Musk.

AI Data Centers Straining Power Grid

Artificial intelligence (AI) data centers are "distorting" the power grid, according to a Bloomberg report. The outlet's analysis found that "more than three-quarters of highly-distorted power readings across the country are within 50 miles of significant data center activity."

Musk’s AI Startup Receives More Than $6 Billion in Financing

Elon Musk's artificial intelligence startup doubled its valuation, securing more than $6 billion in financing.

U.S. Launches Investigation into Chinese Semiconductor Industry

The United States announced that it is investigating China's semiconductor industry.

Apple Nears $4 Trillion Valuation on AI and iPhone Optimism

Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.

Maine Governor Janet Mills Creates Task Force Dedicated to Investigating Artificial Intelligence

Maine Governor Janet Mills signed an executive order on Friday to create a task force dedicated to examining the opportunities and challenges posed by artificial intelligence (AI) for the state’s residents, economy, and institutions.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Congress to Vote on New Restrictions for U.S. Investments in China

Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.

SoftBank Investing $100 Billion in U.S.

President-elect Donald Trump and SoftBank CEO Masayoshi Son announced that SoftBank is investing $100 billion in the United States.

Pentagon Launches Initiative for Next-Gen AI

The Pentagon announced that it is establishing the Artificial Intelligence Rapid Capabilities Cell (AI RCC) to accelerate the deployment of newer AI tools.

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