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The show’s not over: 2024 sees big boost to AI investment
AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.Tech - VentureBeat - 4 days ago -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - Yesterday -
Super Micro needs a new CEO before its AI advantage erodes
Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...Business - MarketWatch - 20 hours ago -
Mystery Surrounds Discovery of TSMC Tech Inside Huawei AI Chips
The apparent use of TSMC circuitry, believed to have first routed through a Chinese chip firm, shows the difficulties for the U.S. in enforcing a tech crackdown.Tech - The Wall Street Journal - 19 hours ago -
Would the Fed ever rely on AI to decide interest rate moves? The risks are high.
Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.Business - MarketWatch - 7 hours ago -
Analysts tout an 'underappreciated growth driver' at Microsoft that can benefit from AI
RBC analysts cheered Microsoft stock on Tuesday. But, this time it's for more than just the company's cloud computing business and AI ambitions.Business - CNBC - 11 hours ago -
Meet the startup that just won the Pentagon’s first AI defense contract
The Pentagon awards its first-ever generative AI defense contract worth $1.8M to Jericho Security, targeting deepfake attacks and AI-powered threats against military personnel including drone pilots.Tech - VentureBeat - 12 hours ago -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 6 hours ago -
UK government launches new AI safety platform for businesses
Science and tech secretary Peter Kyle wants country to be global leader in testing safety of new technologyWorld - Financial Times - 5 hours ago -
Lumen reveals latest numbers around AI deals, but stock pulls back
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - 4 hours ago -
AI pioneers Geoffrey Hinton, Demis Hassabis win Nobel Prizes | 60 Minutes
Two scientists who were featured on 60 Minutes won Nobel Prizes for their work on artificial intelligence. Geoffrey Hinton shared the physics prize and Demis Hassabis shared the Nobel in chemistry.Top stories - CBS News - October 13 -
Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
Honeywell's CEO Vimal Kapur says the biggest issue that AI can solve in an industrial setting is a generational shortage of skilled labor.Business - CNBC - October 14 -
Here’s What You Need to Know About an AI-Powered Scam Targeting Gmail
If your business uses the free email service, artificial intelligence is taking aim with convincing attempts to take over user accounts.Business - Inc. - October 14 -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
As CEO of one of the world’s largest industrial conglomerates, Honeywell’s Vimal Kapur doesn’t think about AI like most individuals.Top stories - NBC News - October 14 -
Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
Nvidia's gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.Business - CNBC - October 15