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TLDR: Key Points: AMD has acquired Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million. The acquisition is aimed at infusing AMD with AI talent and accelerating the company’s AI software development efforts. AMD has announced the acquisition of Silo AI, the largest private AI lab … Read more AMD acquiring Silo AI to boost company’s AI capabilities.
TLDR: AMD is set to acquire Finnish AI startup Silo AI for $665 million, one of the largest takeovers in Europe. The deal aims to expand AMD’s AI services to compete with Nvidia. Silo AI offers custom AI models and platforms to enterprise customers and is committed to open source AI models. The acquisition is … Read more AMD aims to disrupt Nvidia with $665M Finnish startup acquisition.
AI Speech Clone Article Summary TLDR: AI speech clone is so real that makers say its ‘potential risks’ could prove too dangerous Key points: Microsoft has unveiled VALL-E 2, an AI text-to-speech program that is incredibly realistic. The program is so advanced that it can clone voices at a human level of believability. Researchers at … Read more AI speech clone is eerily real, creators warn of ‘risks’ ahead.
Summary of Article TLDR: Key Points: Samsung has launched a smart ring and watch with AI features to monitor health The Galaxy Watch Ultra is priced at $650 and the Galaxy Ring is priced at $400 Samsung has introduced its first-ever premium smartwatch and smart ring, both integrated with artificial intelligence technology to help users … Read more Samsung unveils innovative smart ring and watch with AI capabilities.
TLDR: Intuit announced it will cut nearly 2,000 jobs and shut down its Eagle office in Boise to pivot towards artificial intelligence. The company will close the campus in Eagle and focus on strategic locations for growth. The changes will impact 157 employees at the Boise site, with employees remaining on the payroll until September … Read more Intuit pivots to AI, closes Eagle office, cuts local jobs.
Undervalued Stock-Market Sectors to Invest in As AI Trade Slows TLDR: There are three underbought sectors in the stock market that have unrealized upside potential according to JPMorgan Asset Management. These sectors include semiconductors, rail and parcel, and home improvement, and could offer great portfolio additions as earnings growth in AI stocks slows down. Summary: … Read more AI out, JPMorgan says overlooked stock areas have major potential.
TLDR: Key Points: Army encouraging use of generative artificial intelligence (AI) by soldiers Other services like Space Force and Navy hesitant due to security concerns Article Summary: The Army is advocating for the use of generative artificial intelligence (AI) by soldiers to streamline administrative tasks and improve efficiency. While the Army is leading the way … Read more Army embraces AI while other services hesitate on its use.
TLDR: Skild AI has raised $300 million to continue building its plug-and-play robotic intelligence with the hope of enabling companies to integrate it into robots of all kinds. The company aims to create a “general purpose brain” for AI that can be applied to various robots for tasks like climbing, walking, identifying items, and more. … Read more $1.5 billion AI firm creating ‘General Purpose Brain’ for robots.
Summary of the Article TLDR: Palmer Luckey, creator of Oculus headsets, founded Anduril Industries to make AI weapons. Anduril is creating AI weapons like drones and submarines for the Pentagon and Ukraine. Summary of the Article: Palmer Luckey, known for founding Oculus and selling it to Facebook, has now focused his talents on creating AI … Read more Teenage Oculus inventor now designs AI weapons for Ukraine’s defense.