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Uncle Sam considers buying a seat on the Titanic

The US government is reportedly weighing whether to take a financial stake in AI companies, which looks a bit like negotiating for a seat on the Titanic. Neither OpenAI nor Anthropic, the marquee brands in US AI, are profitable yet. While Anthropic may be nearer to that point if its accounting survives scrutiny, OpenAI's $1.4 trillion in financial commitments over the next eight years have been interpreted as a red flag for investors.

The Register 1d ago

'AI is no longer ..': What Nvidia CFO Colette Kress said at company's earnings call

Nvidia’s Chief Financial Officer (CFO) Colette Kress has revealed that artificial intelligence (AI) is no longer a “nice-to-have” technology. She admitted that AI has become a necessity for businesses seeking productivity gains and highlighted the growing role of the technology in shaping demand for infrastructure, chips and software for the US-based chip giant. During the company’s earnings call earlier this month, Kress said, “AI is no longer a nice-to-have.

Times of India 10d ago

Michael Burry says neither SpaceX nor Anthropic is worth $1T

Michael Burry says he has major doubts about SpaceX and Anthropic's lofty valuations. In recent discussion threads on his Substack, the investor of "The Big Short" fame questioned the worth of Elon Musk's rocket, satellite, and AI company, and the maker of popular AI model Claude. "Any move up will be on hype and technicals," Burry wrote about SpaceX stock in a subscriber chat he started on Saturday.

Hacker News 8d ago

A 10 year old Xeon is all you need (for 26B-A4B MTP Drafters without GPU)

A 10 year old Xeon is all you need 17 minutes read The previous post covered getting Gemma 4’s MTP drafters quantized and paired with a verifier. This one is about running the result on a machine that has no business running it. I have a recycled server.

Hacker News 9d ago

Microsoft and Mayo Clinic unveil a new ‘safe and trusted’ AI for healthcare

The organisations said the model is being initially deployed within Mayo Clinic’s clinical environment, where it can be tested and refined through real-world use. Microsoft and the nonprofit American academic medical centre Mayo Clinic are developing a new artificial intelligence (AI) model designed specifically for healthcare, in a move aimed at supporting patients, clinicians and consumers, according to an announcement. The organisations said the model will combine Mayo Clinic’s medical...

Euronews 6d ago

Nvidia picks Unitree for humanoid robot platform as Chinese startup eyes IPO

Nvidia has selected Chinese humanoid robot maker Unitree for the first robotics system the U.S. chipmaker is selling to researchers from Stanford to ETH Zurich, the company announced Monday. The system combines Unitree's nearly 6-foot-tall H2 humanoid robot with Nvidia's Jetson Thor hardware, which includes the company's advanced Blackwell GPU for on-device artificial intelligence capabilities. Nvidia's humanoid-focused AI models, known as Isaac GR00T, and simulation systems are part of the...

CNBC 9d ago

The European Union reveals details of its tech sovereignty package

The European Union reveals details of its tech sovereignty package New proposals will see the EU further invest in European startups and companies as it looks to strengthen its homegrown tech footprint. The European Commission has announced a new European Technological Sovereignty Package, designed to further reduce its reliance on foreign tech. The EU wants to focus on building out Europe's capacity in areas such as semiconductors, AI, cloud computing and open-source projects.

Engadget 7d ago

Jeff Bezos Is Funding a Wild Hunt for the Brain’s ‘Core Algorithm’

Rob Williams knows how to pitch Jeff Bezos: You write a press release as if your product has already been built. Bezos reads it and gives a thumbs up or down. Williams went through this process a lot as an executive on Amazon’s “S-team,” in charge of software products such as Alexa, until his departure last fall.

Wired 6d ago