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While you’ve been sweating the details over Thanksgiving, famed investor Michael Burry – the one portrayed by Christian Bale played in “The Big Short” – has been waging an increasingly aggressive war against Nvidia. It’s a battle worth watching because Burry might actually win it. What makes this different from every other warning about an…
Google has partnered with Accel to find and fund India’s earliest-stage AI startups in a first-of-its-kind collaboration for the Google AI Futures Fund, launched earlier this year. On Tuesday, Accel and Google announced a partnership to jointly invest up to $2 million in each startup through Accel’s Atoms program, with both firms contributing up to…
Amazon Web Services is making a sizable new investment in infrastructure designed to boost AI capabilities for U.S. government organizations. AWS announced Monday it is investing $50 billion to build AI “high-performance computing infrastructure” purposefully built for the U.S. government. The buildout is meant to expand federal government agencies’ access to AWS AI services. The…
What happens when the software that everyone’s racing to adopt becomes too risky for anyone to insure? According to reporting from the Financial Times, we’re about to find out. Major insurers including AIG, Great American, and WR Berkley are asking U.S. regulators for permission to exclude AI-related liabilities from corporate policies. One underwriter describes the…
Amy Redford, daughter of Robert Redford, is speaking out about how AI content related to her father has been “extra challenging” for her family following his death. On Instagram, she began by thanking her followers for “the overwhelming love and support that has come by way of emails, texts, DM’s, snail mail, and sometimes drop…
Waymo continues to expand its reach, with the robotaxi company posting Friday that it’s now “officially authorized to drive fully autonomously across more of the Golden State.” Waymo already operates in San Francisco, Silicon Valley, and Los Angeles (and outside California as well, in Atlanta, Austin, and Phoenix). But maps published by California’s Department of…
The Trump administration has been targeting state-level AI regulation, with the president declaring in a social media post this week that the industry needs “one Federal Standard instead of a patchwork of 50 State Regulatory Regimes.” This comes after a 10-year ban on state AI regulation was initially included in Trump’s “Big Beautiful Bill” before…
In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both Meta and Microsoft are asking for federal approval to trade power (Apple has already received this approval). According to Meta, this will…
A new wave of AI-powered gadgets on the market aims to integrate artificial intelligence into our daily lives like never before. Some of these AI wearables — including necklaces, rings, and wristbands, as well as portable devices — serve as productivity tools, while others claim to act as friendly companions listening to your everyday thoughts. Even…
Sierra, a 21-month-old, San Francisco-based startup that builds customer service AI agents for enterprises, announced on Friday that it reached $100 million in annual revenue run rate (ARR). The company’s rapid growth suggests that businesses across industries are embracing AI agents. The startup’s growth rate surprised even its seasoned co-founders, former Salesforce co-CEO Bret Taylor…