Tech billionaire Elon Musk has dismissed reports on the $500 million worth of funding plans for his artificial intelligence start-up xAI through posts on social media site X (formerly known as Twitter). Replying separately to two users on the site, Musk told one user the information was “simply not accurate” and called the original Bloomberg …
High speed internet access is no longer a luxury — in the 21st century it is an absolute necessity for modern life. Today, more than ever, tens of millions of Americans rely on broadband to work from home, apply for veterans’ benefits, attend school, run their small businesses, and access health care. Yet, hundreds of …
Digital Power Optimization (DPO), known for developing and operating green data centres, has confirmed the execution of a power purchase agreement with a primary multinational provider of renewable energy. The undisclosed seller has substantial renewable power resources, such as several 150MW+ wind farms situated in Texas. Relying on this fresh PPA, the DPO and the …
Image Credits: Panuwat Dangsungnoen / EyeEm / Getty Images As search engine incumbents — namely Google — amp up their platforms with gen AI tech, startups are looking to reinvent AI-powered search from the ground up. It might seem like a Sisyphean task, going up against competitors with billions upon billions of users. But this …
Image Credits: VectorHot / Getty Images Developers are embracing AI — some surveys suggests, at least. The Q&A site Stack Overflow polled devs on their attitudes toward code-generating AI tools and found that the vast majority were quite positive. Seventy-seven percent of developers feel favorably about using AI in their workflows, per the survey — …
Run by @BasedBeffJezos, Extropic’s backers include Tobias Lütke, Cohere co-founders. Canadian-led, United States-based Extropic has closed $14.1 million in seed funding to build “physics-based computing” hardware for generative artificial intelligence (AI). This summer, The Information reported that Extropic—which was previously known as Qyber—was working on a chip designed to run large language models. Extropic …
It’s safe to say that VCs struck while the iron was hot this year where it concerned generative AI. While venture capital investments overall fell compared to last year thanks to macroeconomic challenges and other related factors, startups in the generative AI space — and AI more broadly — did quite well. Funding for AI-related …
NASA’s budget is declining as a percentage of Federal spending, despite recent increases in nominal appropriation. Unfortunately, the draft bills for the 2024 budget suggest that Congress is returning to underfunding NASA programs. While it is important to control America’s growing debt, cutting NASA’s budget is a strategic financial mistake. As a business school professor, …