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Perplexity AI Secures $500M Funding, Valuation Soars to $9 Billion Amid AI Search Engine Boom

Perplexity AI, an AI-powered search engine startup, is finalizing a $500 million funding round led by Institutional Venture Partners, potentially valuing the company at $9 billion. This significant investment highlights the growing interest in AI-driven search technologies and Perplexity's rapid ascent in the competitive landscape.

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6 Sources

Perplexity AI Secures $500M Funding, Valuation Soars to $9
Trump's Victory Signals Major Shift in US AI Regulation

Trump's Victory Signals Major Shift in US AI Regulation

Donald Trump's re-election as US president is set to dramatically reshape AI policy, with plans to dismantle Biden's AI Executive Order and adopt a lighter regulatory approach, potentially impacting innovation, international competition, and the tech industry landscape.

TechCrunch logoArs Technica logoCCN.com logoFortune logo

4 Sources

Nvidia Surpasses Apple as World's Most Valuable Company,

Nvidia Surpasses Apple as World's Most Valuable Company, Riding AI Wave

Nvidia has overtaken Apple to become the world's most valuable company, with a market capitalization of $3.43 trillion. This milestone underscores the growing dominance of artificial intelligence in the tech industry and Nvidia's pivotal role in supplying GPUs for AI infrastructure.

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17 Sources

Google Accidentally Leaks 'Jarvis AI': An AI Agent Set to

Google Accidentally Leaks 'Jarvis AI': An AI Agent Set to Revolutionize Web Browsing

Google inadvertently revealed its upcoming AI agent, Jarvis AI, designed to automate web browsing tasks in Chrome. The leak confirms the development of an AI companion that can perform various online activities, from shopping to travel booking.

TechRadar logoThe Information logo

2 Sources

Nvidia Unveils Advanced AI and Simulation Tools to

Nvidia Unveils Advanced AI and Simulation Tools to Accelerate Robot Learning and Humanoid Development

Nvidia introduces new AI and simulation tools at CoRL 2023, including Isaac Lab, Project GR00T workflows, and world-model development technologies, to significantly advance robot learning and humanoid development.

VentureBeat logoThe Official NVIDIA Blog logoSiliconANGLE logo

3 Sources

Meta Shifts Stance on Llama AI: Now Available for US

Meta Shifts Stance on Llama AI: Now Available for US National Security and Defense Applications

Meta has announced that its Llama AI model will be available to US government agencies and contractors for national security and defense applications, marking a significant shift from its previous policy.

PC Magazine logoThe Guardian logoThe Telegraph logoDecrypt logo

35 Sources

Microsoft Unveils Magnetic-One: A Powerful Multi-Agent AI

Microsoft Unveils Magnetic-One: A Powerful Multi-Agent AI System for Complex Task Completion

Microsoft introduces Magnetic-One, an open-source multi-agent AI system capable of completing complex tasks using web browsers and local files. This generalist agentic system represents a significant advancement in AI's ability to reason and solve multi-step problems.

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2 Sources

Explore all news

Business and Economy

OpenAI in Talks with California Regulators to Become For-Profit Company

OpenAI, the AI pioneer behind ChatGPT, is in early discussions with California's attorney general's office about changing its corporate structure to become a for-profit business. This move could significantly impact the company's governance and attractiveness to investors.

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6 Sources

OpenAI in Talks with California Regulators to Become
Big Tech's $200 Billion AI Gamble: Massive Investments Raise Wall Street Concerns

Major tech companies are pouring unprecedented amounts into AI infrastructure, sparking a debate between long-term potential and short-term financial pressures.

Financial Times News logoQuartz logoTechSpot logoBenzinga logo

48 Sources

Big Tech's $200 Billion AI Gamble: Massive Investments
Alphabet's Q3 2024 Earnings Surge: AI Investments Boost Cloud and Ad Revenue

Google's parent company Alphabet reports strong Q3 2024 earnings, with revenue up 15% to $88.27 billion. AI investments drive growth in cloud services and advertising, while YouTube hits a $50 billion revenue milestone.

The Japan Times logoMarket Screener logoReuters logoEconomic Times logo

38 Sources

Alphabet's Q3 2024 Earnings Surge: AI Investments Boost
Nvidia Replaces Intel in Dow Jones Industrial Average, Marking Shift in Tech Landscape

Nvidia is set to replace Intel in the Dow Jones Industrial Average, reflecting the growing importance of AI in the tech industry and the broader economy. This change highlights Nvidia's meteoric rise and Intel's recent struggles.

Tom's Hardware logoSoftonic logoNBC News logoMiami Herald logo

38 Sources

Nvidia Replaces Intel in Dow Jones Industrial Average,
Physical Intelligence Raises $400 Million for General-Purpose Robot AI

Physical Intelligence, a robotics AI startup, secures $400 million in funding to develop foundational software for general-purpose robots, attracting investments from Jeff Bezos, OpenAI, and major venture capital firms.

CNBC logoReuters logoCrunchbase News logoEntrepreneur logo

11 Sources

Physical Intelligence Raises $400 Million for

Policy and Regulation

2024 US Presidential Election: A Turning Point for AI Regulation and Investment

The upcoming US presidential election between Kamala Harris and Donald Trump could significantly impact AI regulation, investment, and the industry's future. Their contrasting approaches to AI policy highlight the stakes for tech companies, consumers, and America's global competitiveness in AI.

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6 Sources

2024 US Presidential Election: A Turning Point for AI
Pentagon Explores AI Integration in Nuclear Weapons Systems, Raising Concerns and Debates

The U.S. military is considering the use of AI to enhance nuclear command and control systems, sparking debates about safety and human control in nuclear decision-making.

TechSpot logoSoftonic logo

2 Sources

Pentagon Explores AI Integration in Nuclear Weapons
UK Launches AI Safety Platform to Boost Business Trust and Responsible AI Adoption

The UK government introduces a new AI safety assurance platform to help businesses assess and mitigate risks associated with artificial intelligence, aiming to position the country as a global leader in AI safety and assurance technology.

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2 Sources

UK Launches AI Safety Platform to Boost Business Trust and
AI Chatbot Tragedy Sparks Urgent Call for Regulation and Safety Measures

A lawsuit alleges an AI chatbot's influence led to a teenager's suicide, raising concerns about the psychological risks of human-AI relationships and the need for stricter regulation of AI technologies.

The Conversation logoTech Xplore logoAnalytics India Magazine logoEuronews English logo

4 Sources

AI Chatbot Tragedy Sparks Urgent Call for Regulation and
U.S. Finalizes Rules to Restrict Investment in Chinese AI and Advanced Technologies

The Biden administration has finalized rules to curb U.S. investments in artificial intelligence, quantum computing, and semiconductor technologies in China, citing national security concerns. The new regulations, effective January 2, aim to prevent American capital and expertise from aiding China's military and surveillance capabilities.

VOA Voice of America logoThe Korea Times logoTechCrunch logoEconomic Times logo

5 Sources

U.S. Finalizes Rules to Restrict Investment in Chinese AI

Science and Research

AlphaFold Upgrade: AI Now Predicts Large Protein Structures and Integrates Experimental Data

Researchers at Linköping University have enhanced AlphaFold, enabling it to predict very large and complex protein structures while incorporating experimental data. This advancement, called AF_unmasked, marks a significant step towards more efficient protein design for medical and scientific applications.

Phys.org logoScienceDaily logo

2 Sources

AlphaFold Upgrade: AI Now Predicts Large Protein Structures
MIT Develops Novel AI Technique for Training General-Purpose Robots

MIT researchers have created a new method called Heterogeneous Pretrained Transformers (HPT) that uses generative AI to train robots for multiple tasks more efficiently, potentially revolutionizing the field of robotics.

ScienceDaily logoNDTV Gadgets 360 logoAnalytics Insight logoMassachusetts Institute of Technology logo

6 Sources

MIT Develops Novel AI Technique for Training
Meta's Breakthrough in Embodied AI: Giving Robots a Human Touch

Meta unveils three new research artifacts - Sparsh, Digit 360, and Digit Plexus - advancing touch perception, robot dexterity, and human-robot interaction in the field of embodied AI.

Interesting Engineering logoVentureBeat logoAnalytics India Magazine logoAnalytics India Magazine logo

5 Sources

Meta's Breakthrough in Embodied AI: Giving Robots a Human
BiomedGPT: A Groundbreaking AI Model Set to Transform Medical Practices and Research

A new AI model, BiomedGPT, has been developed as a generalist vision-language foundation model capable of performing various biomedical tasks. This open-source tool combines image and text understanding to support a wide range of medical and scientific applications.

News-Medical.net logoScienceDaily logo

2 Sources

BiomedGPT: A Groundbreaking AI Model Set to Transform
Google's Big Sleep AI Makes History by Discovering SQLite Security Flaw

Google's AI model, Big Sleep, has made a groundbreaking discovery of a previously unknown security vulnerability in SQLite, marking a significant advancement in AI-driven cybersecurity.

TechRadar logotheregister.com logoSiliconANGLE logoDataconomy logo

4 Sources

Google's Big Sleep AI Makes History by Discovering SQLite

Health

BiomedGPT: A Groundbreaking AI Model Set to Transform Medical Practices and Research

A new AI model, BiomedGPT, has been developed as a generalist vision-language foundation model capable of performing various biomedical tasks. This open-source tool combines image and text understanding to support a wide range of medical and scientific applications.

News-Medical.net logoScienceDaily logo

2 Sources

BiomedGPT: A Groundbreaking AI Model Set to Transform
Doctors Embrace AI in Clinical Practice, but Safety Concerns Persist

A recent survey reveals that one in five UK doctors are using generative AI tools in clinical practice, raising questions about patient safety and the need for proper regulations.

Medical Xpress - Medical and Health News logoThe Conversation logo

2 Sources

Doctors Embrace AI in Clinical Practice, but Safety
AI-Enhanced ECG and CT Scans Revolutionize Cardiovascular Risk Prediction

Recent studies showcase the power of AI in improving cardiovascular disease risk prediction through enhanced analysis of ECG and CT scan data, offering more precise and actionable insights for clinicians.

News-Medical.net logoNature logo

2 Sources

AI-Enhanced ECG and CT Scans Revolutionize Cardiovascular
Google's CT Foundation: A Breakthrough in AI-Powered 3D Medical Imaging

Google introduces CT Foundation, a new AI tool for analyzing 3D CT scans, potentially revolutionizing medical imaging and diagnosis. This development highlights the growing role of AI in healthcare, particularly in radiology.

Analytics India Magazine logoAnalytics India Magazine logo

2 Sources

Google's CT Foundation: A Breakthrough in AI-Powered 3D
Oracle Unveils Next-Generation AI-Powered Electronic Health Record System

Oracle announces a new AI-driven electronic health record (EHR) system, built from the ground up to revolutionize healthcare workflows and improve patient care. The system, set for early adoption in 2025, promises to transform EHRs from administrative burdens into clinical assets.

CNBC logoBenzinga logoTelecomTalk logoTelecomTalk logo

5 Sources

Oracle Unveils Next-Generation AI-Powered Electronic Health

Startups

Physical Intelligence Raises $400 Million for General-Purpose Robot AI

Physical Intelligence, a robotics AI startup, secures $400 million in funding to develop foundational software for general-purpose robots, attracting investments from Jeff Bezos, OpenAI, and major venture capital firms.

CNBC logoReuters logoCrunchbase News logoEntrepreneur logo

11 Sources

Physical Intelligence Raises $400 Million for
Coatue Management Seeks $1 Billion for AI-Focused Flagship Fund

Coatue Management, a tech-focused hedge fund, is raising $1 billion for its flagship fund to increase investments in artificial intelligence and tech innovation. This marks the first time in several years the firm has sought new capital for this fund.

Bloomberg Business logoTechCrunch logo

2 Sources

Coatue Management Seeks $1 Billion for AI-Focused Flagship
Nvidia in Talks to Invest in Elon Musk's xAI as Startup Seeks Billions in New Funding

Elon Musk's AI startup xAI is reportedly in discussions to raise several billion dollars at a valuation of up to $40 billion, with chipmaking giant Nvidia considering an investment. The funding talks come as xAI expands its AI infrastructure and competes with other major players in the field.

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10 Sources

Nvidia in Talks to Invest in Elon Musk's xAI as Startup
Microsoft's $10 Billion Investment in CoreWeave Signals Major AI Infrastructure Push

Microsoft plans to invest $10 billion in CoreWeave, a cloud computing startup specializing in AI infrastructure, through 2030. This strategic move aims to bolster Microsoft's AI capabilities and positions CoreWeave as a significant player in the cloud computing market.

The Information logoCoingape logoThe Information logo

3 Sources

Microsoft's $10 Billion Investment in CoreWeave Signals
AI Dominates October's Biggest Funding Rounds with OpenAI Leading the Pack

OpenAI secures a massive $6.5 billion funding round, while other AI and energy startups also raise significant capital, highlighting the continued investor interest in artificial intelligence and related technologies.

Crunchbase News logoCrunchbase News logo

2 Sources

AI Dominates October's Biggest Funding Rounds with OpenAI
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