Artificial Intelligence
LATEST NEWS FROM ARTIFICIAL INTELLIGENCE
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Start Campus plans to invest $9.35 billion in Portugal data hub
U.S. investment fund Davidson Kempner and Britain's Pioneer Point Partners plan to invest 8.5 billion euros ($9.35 billion) by 2030 in a data centre hub in Portugal to serve a grow...
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US plans to develop AI projects on Energy Department lands
The administration of President Donald Trump said on Thursday it has identified 16 potential sites on U.S. Department of Energy lands where data centers and power plants supporting...
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AI video maker Runway raises $308 million in General Atlantic-led funding round
AI video startup Runway said on Thursday it had raised $308 million in a new funding round, led by private equity firm General Atlantic, to expand its new media ecosystem.
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Papa Johns wants AI to transform pizza ordering
Papa John's International wants to inject artificial intelligence technology into how its customers order pizza through an expanded partnership with Google Cloud, the chain said on...
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Google Gemini executive Sissie Hsiao to step down
Alphabet's Google is replacing Sissie Hsiao, who led the development of the artificial intelligence chatbot Bard, now known as Gemini, the company told staff in its AI division on ...
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New AI benchmarks test speed of running AI applications
Artificial intelligence group MLCommons unveiled two new benchmarks that it said can help determine how quickly top-of-the-line hardware and software can run AI applications.
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Meta's head of AI research to depart in May
Meta Platforms' head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively investing and competing in the AI...
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If AI doesn't kill your company, it will make it stronger, study shows
If a company can survive the upheaval caused by the adoption of artificial intelligence, AI will help it thrive in the longer run, a study presented at a European Central Bank conf...
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Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports
China's Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person famili...
Artificial Intelligence
Ghibli effect: ChatGPT usage hits record after rollout of viral feature
The frenzy to create Ghibli-style AI art using ChatGPT's image-generation tool led to a record surge in users for OpenAI's chatbot last week, straining its servers and temporarily ...
Artificial Intelligence
Lightmatter releases new photonics technology for AI chips
Lightmatter, a startup valued at $4.4 billion, on Monday released two pieces of technology aimed at speeding up the connections between artificial intelligence chips.
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OpenAI to raise $40 billion in SoftBank-led round to boost AI efforts
OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrast...
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Security firm ReliaQuest valued at $3.4 billion in latest funding round
AI-powered security firm ReliaQuest said on Monday it had raised more than $500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at $3.4 billion.
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OpenAI plans to release open-weight language model in coming months
OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming months, CEO Sam Altman said on Monday.
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Google-backed AI drug discovery startup raises $600 million
Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the sta...
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China's Zhipu AI launches free AI agent, intensifying domestic tech race
Chinese artificial intelligence startup Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China's increasingly competitive AI market.
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Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports
Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it looks to capitalize on the booming demand for the technolog...
Artificial Intelligence
OpenAI must complete for-profit transition by year-end to raise full $40 billion
OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar...
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