Form Energy raises $405M for its 100-hour iron-air batteries
The long-duration energy storage startup has raised a total of $1.2 billion. Form is expanding its West Virginia factory and working on its first…
United States and Eight Companies Launch the Partnership for Global Inclusivity on AI - United States Department of State
Today in New York City, on the margins of the 79th Session of the United Nations General Assembly, Secretary of State Antony Blinken launched the Partnership for Global Inclusivity on AI and announced other initiatives to harness the rapid advancement of artificial intelligence (AI) to advance sustainable development globally. The Partnership for Global Inclusivity on […]
State of AI outtakes #1: scaling in defense
The State of AI Report aims to provide a comprehensive overview of everything you need to know across AI research, industry, politics, and safety.
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Nvidia Gets DOJ Subpoena in Escalating Antitrust Probe
The US Justice Department sent subpoenas to Nvidia Corp. and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors.
Goldman Investment Arm Joins Firms Quitting Major Climate Club
The asset management unit of Goldman Sachs Group Inc. has walked away from the world’s biggest climate alliance for investors, marking the latest in a string of similar defections amid continued Republican Party attacks on green finance.
The Generative-AI Revolution May Be a Bubble
Tech firms have been spending historic amounts of money on AI—but will it pay off?
Why have the big seven tech companies been hit by AI boom doubts?
Their shares have fallen 11.8% from last month’s peak but more AI breakthroughs may reassure investors
Dario Maisto, a senior analyst at Forrester, says a lack of economically beneficial uses for generative AI is hampering the investment case.“There is still an issue of translating this technology into real, tangible economic benefit,” he said.