#ai-industry

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ABC7 San Francisco
1 day ago
San Francisco

$1 billion AI company abandons San Francisco for Bay Area Peninsula

San Francisco remains a hub for AI companies despite Replit's relocation down the peninsula. [ more ]
Artificial intelligence
NBC News
1 week ago
Artificial intelligence

Top AI companies commit to child safety principles as industry grapples with deepfake scandals

Top AI companies pledge to combat AI-generated CSAM after scandals. [ more ]
ReadWrite
1 week ago
Artificial intelligence

Elon Musk's xAI closes in on $6 billion as AI race heats up

Elon Musk's xAI secures significant venture capital funding from Sequoia Capital, highlighting its potential value and competition in the AI industry. [ more ]
Washington Post
2 weeks ago
Artificial intelligence

The AI hype bubble is deflating. Now comes the hard part.

The AI industry's hype is slowing down, facing technical challenges, regulatory obstacles, and business viability issues. [ more ]
TechCrunch
2 weeks ago
Artificial intelligence

Startups Weekly: Is the wind going out of the AI sails? | TechCrunch

The AI industry is experiencing a slowdown in investment, particularly in private and corporate funding, with an overall drop of 20% in 2023. [ more ]
Forbes
2 weeks ago
Artificial intelligence

First AI Beauty Pageant To Crown Winner Based On Looks And Social Clout

AI beauty pageants are now being held to crown the best AI-generated influencers based on looks, technical skill, and social media engagement. [ more ]
moreArtificial intelligence
tech-giants
TechCrunch
1 week ago
Artificial intelligence

Watch: Why Perplexity AI could be worth up to $3B

Perplexity AI raised $62.7 million at a $1 billion valuation but might face competition from larger fundraising rounds up to $250 million. [ more ]
ComputerWeekly.com
2 weeks ago
Artificial intelligence

Big tech's cloud oligopoly risks AI market concentration | Computer Weekly

Tech giants' growing influence over AI startups concerns competition authorities in the US and UK. [ more ]
Mail Online
3 months ago
Artificial intelligence

Don't let AI chatbots steal copyrighted content, say Lords

Artificial intelligence firms are stealing copyrighted material to train their chatbots, according to a House of Lords report.
Urgent safeguards are needed to prevent tech giants from taking control of the AI industry. [ more ]
Axios
3 months ago
Artificial intelligence

FTC opens investigation into Big Tech stakes in hot AI startups

The Federal Trade Commission (FTC) is launching an investigation into competition in the AI industry and has ordered Alphabet/Google, Microsoft, Amazon, OpenAI, and Anthropic to provide information about their investment deals.
The investigation aims to examine corporate partnerships and investments with AI providers and determine their impact on the competitive landscape.
The FTC wants to ensure that tech giants are not using large investments to bypass traditional reviews and stifle competition in the AI industry. [ more ]
moretech-giants
Futurism
2 weeks ago
Artificial intelligence

Mistral CEO Says AI Companies Are Trying to Build God

The CEO of Mistral, a new AI firm, rejects the notion of creating artificial general intelligence (AGI) equating it to a desire to create God. [ more ]
TechCrunch
2 weeks ago
Artificial intelligence

Investors are growing increasingly wary of AI | TechCrunch

Global investment in AI dropped by 20% in 2023, signaling a shift in the industry's dynamics. [ more ]
WIRED
3 weeks ago
Artificial intelligence

Eric Schmidt Warned Against China's AI Industry. Emails Show He Also Sought Connections to It

China is using AI to promote an autocratic agenda, causing concern for the US government.
Eric Schmidt's connections to China's AI industry through personal and foundation contributions are highlighted. [ more ]
TNW | Deep-Tech
3 weeks ago
Artificial intelligence

Meta's AI chief: LLMs will never reach human-level intelligence

AGI predictions vary widely, with some industry leaders suggesting it could arrive within five years while others, like Yann LeCun, argue that human-level AI is a more feasible goal.
Current AI systems lack key cognitive capabilities essential for human-like intelligence, such as reasoning, planning, memory, and understanding the physical world. [ more ]
generative-ai
TechRepublic
3 weeks ago
Artificial intelligence

The 10 Best AI Courses That Are Worth Taking in 2024

AI gold rush in Silicon Valley post-ChatGPT success
Best routes into AI profession depend on individual's current skill level and target job [ more ]
TechCrunch
1 month ago
Artificial intelligence

This Week in AI: Midjourney bets it can beat the copyright police | TechCrunch

AI vendors may face legal challenges over IP disputes.
Generative AI models may raise concerns over usage of copyrighted works. [ more ]
VentureBeat
1 month ago
Artificial intelligence

Nvidia GTC 2024 preview - AI marches forward | Greg Estes

Nvidia's GTC 2024 event expects over 16,000 attendees in person and around 300,000 online, showcasing the significant growth reflective of the AI industry's advancement.
Nvidia's market value at $2.21 trillion places it among the top five most valuable tech companies, with the company being viewed as a leader in generative AI. [ more ]
Futurism
1 month ago
Artificial intelligence

Scientists Have a Dirty Secret: Nobody Knows How AI Actually Works

AI industry exploded after OpenAI's ChatGPT release
Many AI models are black boxes, challenging researchers to fully understand them. [ more ]
Nature
2 months ago
Artificial intelligence

Generative AI's environmental costs are soaring - and mostly secret

The AI industry is heading towards an energy crisis with the next wave of generative AI systems consuming more power than expected.
OpenAI CEO is investing in nuclear fusion as a potential breakthrough for AI energy consumption.
Generative AI-driven activities may soon require as much energy as entire countries. [ more ]
Nature
2 months ago
Artificial intelligence

Generative AI's environmental costs are soaring - and mostly secret

AI industry heading towards an energy crisis, nuclear fusion seen as a solution by some.
Generative AI systems consume significant energy, causing environmental impact concerns. [ more ]
moregenerative-ai
ReadWrite
1 month ago
Artificial intelligence

Google Deepmind CEO says AI industry is full of 'hype' and 'grifting'

The CEO of Deepmind highlights the hype surrounding AI developments, drawing parallels to the crypto industry.
The AI investment boom has led to massive fundings in start-ups and products, raising concerns about actual advancements. [ more ]
Futurism
1 month ago
Artificial intelligence

CEO of Google DeepMind Says AI Industry Full of Hype and Grifters

The CEO of Google DeepMind compares AI hype to the crypto industry, warns of potential grifting and distractions from real innovation.
The hype surrounding AI may be clouding the science and research in the industry, according to Demis Hassibis. [ more ]
The New Yorker
1 month ago
Artificial intelligence

The Mail

AI has opposing factions - doomers fearing disaster, accelerationists predicting abundance, not representative of whole industry.
AI ethicists work to mitigate harm from AI, critique racist biases in predictive policing, and school algorithms. Doomers overlook existing harms. [ more ]
Futurism
1 month ago
Artificial intelligence

Microsoft and OpenAI Reportedly Building $100 Billion Secret Supercomputer to Train Advanced AI

OpenAI and Microsoft are investing $100 billion in a supercomputer for AI training.
The AI industry faces challenges in monetization despite offering free services. [ more ]
Above the Law
1 month ago
Law

Elon Musk Sues OpenAI. They Make Fun Of Him And Hire Wachtell.

OpenAI responds to Elon Musk's lawsuit with strong language, labeling his claims as 'incoherent' and 'frivolous'.
Elon Musk accuses OpenAI of breaching a non-profit agreement, but OpenAI denies any such agreement ever existed. [ more ]
Digiday
2 months ago
Artificial intelligence

AI Briefing: Elon Musk and Sam Altman battle over OpenAI's mission

AI companies facing legal battles over copyright infringement and contracts breaches
Regulators putting pressure on OpenAI and other generative AI firms [ more ]
Intelligencer
2 months ago
Tech industry

'The Most Important Stock on Planet Earth' Just Got Even Bigger

Nvidia's importance due to AI capabilities
Wall Street's focus on AI industry [ more ]
ReadWrite
2 months ago
Artificial intelligence

OpenAI faces copyright lawsuit over ChatGPT training practices

OpenAI is facing a legal battle over alleged copyright infringement in the training of its AI models.
The case could have significant implications for the AI industry's use of copyrighted materials for training purposes. [ more ]
www.independent.co.uk
3 months ago
Artificial intelligence

Microsoft's OpenAI investment could trigger EU merger review

Microsoft's investment in OpenAI could trigger a merger investigation by the European Union.
Antitrust enforcers in the U.S. are also expressing concerns about competition in the AI industry. [ more ]
Futurism
1 month ago
Artificial intelligence

Ousted Founder of Stability AI Seen Meeting With Microsoft CEO

Mostaque shared a selfie with Microsoft CEO Satya Nadella post-resignation. Unclear if events are related.
Stability AI faced turmoil under Mostaque's leadership, including exaggerated claims and financial challenges. [ more ]
www.independent.co.uk
1 month ago
Artificial intelligence

Microsoft hires influential AI figure Mustafa Suleyman to head up consumer AI business

Microsoft hires Mustafa Suleyman as CEO of its AI business, boosting its position in the industry.
Suleyman will lead Microsoft's consumer AI products like Copilot, Bing, and Edge, enhancing the company's AI offerings. [ more ]
Theregister
2 months ago
Artificial intelligence

EU probes Microsoft's 15M stake in AI startup Mistral

The European Commission is investigating Microsoft's investment in Mistral.
Mistral's partnership with Microsoft will bring its models to Azure for developers to access. [ more ]
TechRepublic
4 months ago
Artificial intelligence

Microsoft, OpenAI Partnership Draws UK Antitrust Regulators' Eyes

The UK's Competition and Markets Authority is investigating the connections between Microsoft and OpenAI to determine the possibility of a merger.
The CMA's decision could set a precedent for other AI companies. [ more ]
The Times of India
1 month ago
Artificial intelligence

Apple in talks to let Google's Gemini power AI on iPhones - Times of India

Apple is in talks to incorporate Google's Gemini AI engine into the iPhone.
A potential partnership would build on Google paying Apple to make its search engine default on Safari. [ more ]
The Economist
1 month ago
Artificial intelligence

Just how rich are businesses getting in the AI gold rush?

Excitement around AI impacting stock market values
Competition and innovation among companies in the AI industry [ more ]
www.fastcompany.com
1 month ago
Artificial intelligence

Apple just hinted at its AI plans, and they could be game-changing. Here's why

AI is rapidly changing the tech industry, with companies like Apple adopting a new tone in 2024.
Apple is emphasizing AI capabilities in its latest product, the M3 MacBook Air, but still relies on third-party apps for generative AI features. [ more ]
Forbes
2 months ago
Artificial intelligence

5 History Lessons For Nvidia From The 80-Year History Of AI

Nvidia's CEO predicts trillions in AI industry investments and doubling data centers in 5 years.
AI history dates back to 1943 with predictions and failures shaping the field. [ more ]
The Economist
2 months ago
Artificial intelligence

Don't give AI free access to work denied to humans, argues a legal scholar

Fair use doctrine is the AI industry's defense in lawsuits over copyright infringement.
Copyright protection supporters argue for equal enforcement of copyright laws on AI as on humans. [ more ]
Hindustan Times
2 months ago
Artificial intelligence

Interested in artificial intelligence? Perplexity AI CEO's advice for freshers

Follow your passion in deciding your career path, especially in emerging fields like AI.
Build products in areas you are passionate about, rather than just following market trends. [ more ]
WIRED
2 months ago
Artificial intelligence

Intel's AI Reboot Is the Future of US Chipmaking

Intel relaunching and expanding its foundry business to manufacture chip designs for other companies.
Microsoft announces partnership with Intel to use their foundry services for making future chips, boosting Intel's comeback. [ more ]
Forbes
2 months ago
Artificial intelligence

AI Investors Are Wooing Startups With Massive Computing Clusters

Investors are building their own supercomputers to meet the high demand for GPUs in the AI industry.
Tech investors are offering GPU clusters to startups at below-market prices. [ more ]
time.com
2 months ago
Artificial intelligence

Investors Share Predictions for Artificial Intelligence in 2024 and Beyond

Generative AI and AI-related startups raised nearly $50 billion in 2023.
Investors believe that the top three or four companies will dominate the AI market while others may struggle to scale. [ more ]
Futurism
3 months ago
Artificial intelligence

Coal Plants Staying Online Because AI Needs So Much Power

The booming AI industry is putting strain on the US's aging electricity grid.
Coal plants are being kept online to meet the energy needs of AI data centers. [ more ]
TechCrunch
3 months ago
Artificial intelligence

There's an AI 'brain drain' in academia | TechCrunch

The number of new AI Ph.D. graduates entering the AI industry has been increasing, while the share entering academia has been decreasing.
The high salaries offered by private industry for AI talent are a contributing factor to these trends. [ more ]
Reuters
3 months ago
Artificial intelligence

China issues draft guidelines for standardising AI industry

China issues draft guidelines for standardizing AI industry
Aims to form over 50 national and industry-wide standards for AI by 2026 [ more ]
Futurism
3 months ago
Artificial intelligence

Former OpenAI Exec Predicts AI Could Be Last Thing Humans Ever Invent

Zack Kass, former OpenAI executive, is optimistic about the potential of artificial intelligence to save the world.
He believes that AI will lead to a bright future with more joy and less suffering, and that people in developed countries will work less while children in poorer countries will have AI-powered teachers. [ more ]
SmartCompany
4 months ago
Women

Another boys' club in the making? The rampant omission of women in AI

The recent exclusion of women from the history of AI is a continuation of their historical omission from STEM narratives.
Women have made significant contributions to the AI industry and should be included in discussions and recognition. [ more ]
CNET
4 months ago
Artificial intelligence

AI and You: Altman Says Humanity Needs to Solve for AI Safety, EU Agrees on 'Historic' AI Law

Sam Altman's ousting and reinstatement as OpenAI CEO sparked power struggles and ethical concerns within the company.
The incident raised questions about trust and responsibility in the development of artificial intelligence. [ more ]
www.fastcompany.com
5 months ago
Artificial intelligence

The AI industry is even stronger after the drama with Sam Altman and OpenAI

Altman's departure caused shock and confusion in the tech industry
The turmoil at OpenAI gave a boost to the rest of the AI industry and highlighted the risk of depending on one AI vendor [ more ]
Cointelegraph Magazine
5 months ago
Artificial intelligence

Real AI use cases in crypto: Crypto-based AI markets, and AI financial analysis

Blockchain-based marketplaces can help address the increasing demand for computing power and data in the AI industry.
Decentralized marketplaces sourcing GPU chips and computing resources for AI have become successful. [ more ]
The Motley Fool
5 months ago
Artificial intelligence

2 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $400 and Hold for 10 Years | The Motley Fool

The stock market is performing well and the S&P 500 index is close to a new record high.
Investing in AI companies like Amazon and Duolingo could be a profitable move.
Amazon's core businesses, including e-commerce, digital advertising, and cloud computing, rely heavily on AI. [ more ]
time.com
5 months ago
Artificial intelligence

Why Europe Must Not Let AI Firms Put Profits Before People

OpenAI CEO's ousting and return highlights fault lines in AI industry
The EU has a chance to regulate AI but must resist pressure from Big Tech
The EU AI Act aims to mitigate risks of AI but is facing opposition from technology firms [ more ]
www.theguardian.com
5 months ago
Artificial intelligence

Where are all the godmothers' of AI? Women's voices are not being heard

OpenAI's leadership and workforce lack diversity, with a large gender imbalance and male dominance among executives.
Women's voices and concerns are often overlooked in discussions about AI and generative AI (GAI).
Men are quoted significantly more often than women in news coverage of AI. [ more ]
www.theguardian.com
5 months ago
Artificial intelligence

Huge egos are in play': behind the firing and rehiring of OpenAI's Sam Altman

The power struggle at OpenAI highlights the immaturity of the AI industry and the lack of standards and certifications.
The influence of a handful of people who build AI is disproportionate and raises concerns about the safety of the technology. [ more ]
WIRED
5 months ago
Artificial intelligence

Sam Altman's Second Coming Sparks New Fears of the AI Apocalypse

Weaknesses in OpenAI's self-governance were revealed during a five-day period of chaos.
The removal of OpenAI's CEO and the reshuffling of the board have raised concerns among those worried about AI's existential risk and advocates for AI regulation. [ more ]
www.fastcompany.com
5 months ago
Artificial intelligence

How chaos at OpenAI reshapes AI's competitive landscape

OpenAI CEO, Sam Altman, was unexpectedly fired by the board of directors, creating uncertainty for the company's future.
Altman's departure has led to the resignation of OpenAI president Greg Brockman and three senior researchers, indicating a significant leadership shake-up.
The reasons behind Altman's firing are unclear, but it has raised questions about his honesty and communication with the board. [ more ]
The Economist
5 months ago
Artificial intelligence

With Sam Altman's return, a shift in AI from idealism to pragmatism

The firing and reinstatement of Sam Altman at Open AI marks a new phase for the AI industry, with a shift towards commercial pragmatism.
Microsoft's support for Altman could give them greater influence over Open AI.
The Open AI saga may lead to more competition and choice for AI users. [ more ]
London Business News | Londonlovesbusiness.com
5 months ago
Artificial intelligence

US stock market unchanged ahead of Thanksgiving

US stock futures relatively unchanged ahead of Thanksgiving week
Real estate sector performs well on expectations of no further rate hikes [ more ]
Mail Online
5 months ago
Artificial intelligence

Senior executive at AI firm resigns over use of copyrighted work

Senior executive resigns from AI firm over use of copyrighted work
Call for ethical and moral approach in the AI industry
Concerns raised about copyright infringement in AI models [ more ]
Chinadaily
5 months ago
Artificial intelligence

Guangdong to establish national hub for the AI industry by 2025

Guangdong province in China plans to become a national innovation-driven area for the AI industry by 2025.
The province aims to have over 2,000 AI enterprises and a core AI industry value of over $41 billion by 2025.
Guangdong will establish a national hub for intelligent computing power and a national demonstration center for AI scenario application. [ more ]
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