Tag: Artificial Intelligence

The Bank of England said on Tuesday that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove ​a success while the technology increases banks’ vulnerability to cyberattacks.

Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky.

Kuaishou Technology shares rose nearly 7% Friday before trimming gains, after the company announced a capital injection of nearly $2.8 billion into its artificial intelligence subsidiary, Kling AI, with backing from tech giant Tencent

Chinese tech giant Alibaba  has banned employees from using Anthropic’s Claude ‌Code at work after the tool drew scrutiny for features that can help identify China-linked users, according to a person familiar with the order.

Anthropic is tightening efforts to block unauthorized access to its artificial intelligence services from China after identifying methods used by Chinese companies to bypass its restrictions, the Financial Times reported on Thursday, citing people familiar with the matter.

Chief Executive Mark Zuckerberg acknowledged shortcomings ‌in the company’s sweeping restructuring at an internal town hall on Thursday, saying the systems known as AI agents had not progressed as quickly as he had expected, according to a recording heard by Reuters.

OpenAI has proposed handing the U.S. government a 5% stake in the company, the Financial Times reported Thursday, as the artificial intelligence startup seeks to defuse mounting political pressure in Washington.

Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models,

Bloom Energy and Brookfield ​said on Tuesday they had expanded their partnership to ‌finance power projects for AI infrastructure, boosting their funding framework fivefold to $25 billion to accelerate the global deployment of Bloom’s ​fuel cells.

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

OpenAI is leaning toward holding off its initial public offering until next year, three people involved in the company’s deliberations said, a turnabout that punctuates the uncertain future for fast-rising artificial intelligence giants.

SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it’s going to issue American depository receipts, giving U.S. investors an easier way of investing in the company.

Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI.

Tencent on Monday said it is testing an AI assistant within WeChat in China as the tech giant looks to step up efforts to challenge rivals in the country’s competitive artificial intelligence market.

The Federal Energy Regulatory Commission (FERC) told grid operators on Thursday to fast-track interconnection requests from data centers and other large electricity users.

Spain has allocated €719 million ($834 million) towards building an AI ​gigafactory to try to reduce ‌its dependence on foreign technology and ensure AI development complies with European ​regulations, the government said ​on Tuesday.

OpenAI is mulling sharp price cuts to its artificial intelligence offerings, as it looks to woo consumers away from rival Anthropic, the Wall Street Journal reported Wednesday evening stateside, citing sources familiar with the matter.

Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CEO Aravind Srinivas told CNBC.

China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.

OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days before Elon Musk’s SpaceX is set to hit the public market.