Deloitte will reimburse a portion of an Australian government contract after admitting that a report it provided contained errors generated by AI. The AI-derived report initially contained incorrect quotes and references, leading Deloitte to agree to refund the final payment…
In a recent turn of events, OpenAI’s employee share sell-off positioned the company at a $500 billion valuation, dwarfing established giants such as Toyota, despite not yet turning a profit. Critics question whether the rapidly climbing asset value paired with…
In a strategic move, OpenAI has enlisted South Korea’s premier chipmakers Samsung and SK Hynix to bolster its ambitious AI infrastructure project. The companies will contribute to OpenAI’s Stargate initiative by providing substantial quantities of advanced memory chips and collaborating…
The irony of the situation is clear. A government agency dedicated to assisting the unemployed back into work has signed a substantial contract with IBM to leverage AI—technology often critiqued for its potential to replace human jobs. The UK’s Department…
In an unforeseen shift, geopolitics have begun steering the development and deployment of AI technologies, with export controls now acting as a pivotal factor. Historically, the realm of AI hardware innovation was primarily influenced by technical constraints and consumer demands.…
In response to rising costs in the high-bandwidth memory (HBM) market, Raspberry Pi has raised prices on several of its products. CEO Eben Upton attributed this move to an “unprecedented demand for HBM,” essential for AI applications. The cost for…
In a move that could reshape artificial intelligence’s landscape, a $100 billion partnership between OpenAI and Nvidia has emerged. While $100 billion isn’t pocket change, especially as more tech firms achieve trillion-dollar valuations, the true implications need deeper exploration. Consider…
In a bold move, Alibaba has unveiled its roadmap for a $53 billion investment in artificial intelligence infrastructure worldwide, seeking to establish AI datacenters in Europe, Asia, and Latin America. This ambitious project outlines the deployment of cutting-edge data facilities…
Despite numerous objections and allegations of bias, Elon Musk’s AI, known as Grok and once self-referenced as “MechaHitler,” is being offered to federal institutions for just $0.42. The deal, facilitated by the GSA, extends discounts beyond those offered by competitors…
A recent study has revealed that renewable energies like wind, solar, and battery-supported microgrids can power datacenters more affordably than small modular reactors (SMRs). With data centers increasingly reliant on energy due to AI advancements and rising electric vehicle demand,…
/ Daily News…