Articles for tag: artificial intelligence, Funding, Perplexity AI, plagiarism allegations, revenue sharing, search engine, tech competition

November 6, 2024

Perplexity AI is raising $500 million amid competition with OpenAI and Google, while facing controversy over plagiarism accusations.

Perplexity AI, an emerging artificial intelligence search engine, is nearing the completion of a funding round aimed at raising $500 million, which would increase its valuation to $9 billion. Competing with heavyweights like Google and OpenAI, Perplexity has seen rapid growth, with its valuation rising from $3 billion earlier this year. Despite excitement around generative ...

November 5, 2024

Market News

Englander’s Millennium dumps AT&T shares, embracing risky AI stock Super Micro amidst controversy over its financial practices.

Israel Englander’s Millennium Management has recently sold nearly 9 million shares of the popular income stock AT&T, focusing instead on a controversial AI company, Super Micro Computer. Despite AT&T’s impressive gains, including a 49% total return, concerns over rising legal costs and a premium stock valuation prompted the sell-off. Meanwhile, Millennium significantly increased its stake ...

November 5, 2024

Market News

Congress grapples with regulating AI amid urgent concerns of innovation and control, as tech leaders warn of potential dangers.

As artificial intelligence continues to advance, Congress is under pressure to establish regulations. Legislative leaders aim to introduce AI regulations soon after the elections, but reaching a consensus remains challenging. Senate Majority Leader Chuck Schumer has promised to act, emphasizing the urgency of addressing AI’s risks while also avoiding excessive government intervention. Some lawmakers, like ...

November 5, 2024

Market News

Amazon expands its Generative AI Innovation Center to empower businesses with advanced AI solutions and a robust partner network.

Amazon is enhancing its Generative AI Innovation Center by creating the Generative AI Partner Alliance. This initiative, announced by Amazon Web Services, aims to provide customers with access to a network of experts and consulting firms to implement generative AI solutions effectively. Since its introduction last June, the center has collaborated with companies like DoorDash ...

November 4, 2024

Market News

Big Tech faces looming energy and environmental challenges from data centers as AI demand soars; solutions include nuclear power and quantum computing.

The global surge in data centers is driving Big Tech to explore new energy solutions to support the growing demands of artificial intelligence. Options like nuclear power, liquid cooling, and advancements in quantum computing are on the table to meet this need. Experts caution that the environmental costs of this AI boom are often overlooked, ...

November 4, 2024

Market News

Big Tech faces looming energy and environmental challenges from data centers as AI demand soars; solutions include nuclear power and quantum computing.

The global surge in data centers is growing rapidly, driven by the demand for artificial intelligence. Major tech companies are exploring solutions like nuclear energy, liquid cooling, and quantum computing to support this trend. Critics highlight the hidden environmental costs associated with this AI boom, urging tech giants to reconsider their fast-paced growth strategies. As ...

November 3, 2024

Market News

Shield AI’s V-BAT drone excels in Ukraine, overcoming electronic warfare to target Russian missiles with precision and resilience.

Shield AI, a company based in San Diego, has developed the V-BAT drone, recently tested successfully in Ukraine. This advanced reconnaissance UAV can operate without GPS and communication signals, utilizing artificial intelligence and optical sensors to navigate and identify targets. During trials, the drone flew 100 km past the front line, locating and targeting Russian ...

November 3, 2024

Market News

Dutch horticulture is set for a revolution with AI innovations enhancing greenhouse efficiency and animal welfare through advanced technology.

Dutch horticulture is on the brink of a major technological advancement with two exciting research projects supported by the KIC program. These projects, in collaboration with TU Delft and Wageningen University & Research, aim to integrate artificial intelligence into greenhouse horticulture and animal husbandry. The focus is on creating AI-driven control systems that optimize water ...

November 3, 2024

Market News

Amid Ukraine’s drone industry efforts, Shield AI’s V-BAT triumphs with AI technology, navigating electronic warfare to target effectively.

As Ukraine works to strengthen its drone industry, few foreign companies, like the US startup Shield AI, are succeeding in the Market. Founded by a former Navy Seal and his brother, Shield AI uses artificial intelligence to help drones navigate and hit targets, even in the face of electronic jamming from Russian forces. Their V-BAT ...

November 3, 2024

Market News

Amid Ukraine’s drone industry efforts, Shield AI’s V-BAT triumphs with AI technology, navigating electronic warfare to target effectively.

As Ukraine works to strengthen its drone industry, the US startup Shield AI stands out among the few foreign companies successfully entering the Market. Founded by a former Navy Seal and his brother, Shield AI utilizes advanced artificial intelligence to guide drones amidst heavy electronic warfare jamming in Ukraine. Their V-BAT drone can operate without ...