The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US. “So far the requests have been to keep manufacturing and supply chains completely separate, but if the partnerships with China would become a problem …
Artificial intelligence (AI) has turned out to be an incredible catalyst for many companies over the past year or so, and many names that are capitalizing on the growing adoption of this technology have witnessed a rapid rise in their share prices. For instance, an investment of $10,000 in Nvidia at the beginning of 2023 …
Clegg, a former British deputy prime minister, argued that policing AI was akin to building a plane already in flight — inherently risky and difficult work. Harris trumpeted Washington’s efforts to address the dangers of AI through voluntary business agreements as the world’s gold standard. Ursula von der Leyen, the European Commission president, who was …
The European Commission is probing if Microsoft is preventing customers from relying on certain security software from its competitors, according to a document that regulators sent to at least one rival in January, seen by Reuters. Companies over the years have complained about Microsoft’s bundling services and its cloud-computing practices, which European regulators have investigated. …
Sam Altman’s aspiration to amass approximately $7 trillion for the production of AI chips unveils a narrative that extends beyond his seemingly audacious goals. As a report in Bloomberg says, firstly, the infrastructure required for AI development has become prohibitively costly. Secondly, a significant portion of this value is still reportedly predominantly controlled by a …