Category: AI

AI

Arm CEO Sees AI Transforming the World Much Faster Than the Internet

Colin Henderson

Haas, ARM ceo discusses AI progress in a simple fashion Arm CEO Sees AI Transforming the World Much Faster Than the Internet https://www.bloomberg.com/news/features/2024-10-25/arm-ceo-rene-haas-ai-will-progress-much-faster-than-the-internet?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTczMDAxNDM1NSwiZXhwIjoxNzMwNjE5MTU1LCJhcnRpY2xlSWQiOiJTTFdNQ0tUMVVNMFcwMCIsImJjb25uZWN0SWQiOiIwNEFGQkMxQkYyMTA0NUVEODg3MzQxQkQwQzIyNzRBMCJ9.9QcUY1qf92p98tiu_GU0Z6qopSwaq4khfLZwfUbiLuY Rene Haas, the chief executive officer of Arm Holdings, says AI’s impact will be ‘quite, quite dramatic’ and there’s no holding back smart cars. By Christina Kyriasoglou and Anna Edwards October 25, 2024 at 5:00 AM EDT Save Translate 5:49 Less than two years after becoming chief executive officer of Arm Holdings Plc, Rene Haas led the British chip designer to theworld’s biggest initial public offering of 2023, raising $4.87 billion. Since then, the shares have more than doubled, valuing the Cambridge-based company at … Continue reading Arm CEO Sees AI Transforming the World Much Faster Than the Internet

AI

Memorandum on Advancing the United States’ Leadership in Artificial Intelligence

Colin Henderson

OCTOBER 24, 2024 Memorandum on Advancing the United States’ Leadership in Artificial Intelligence; Harnessing Artificial Intelligence to Fulfill National Security Objectives; and Fostering the Safety, Security, and Trustworthiness of Artificial Intelligence MEMORANDUM FOR THE VICE PRESIDENT                THE SECRETARY OF STATE                THE SECRETARY OF THE TREASURY                THE SECRETARY OF DEFENSE                THE ATTORNEY GENERAL                THE SECRETARY OF COMMERCE                THE SECRETARY OF ENERGY                THE SECRETARY OF HEALTH AND HUMAN SERVICES                THE SECRETARY OF HOMELAND SECURITY                THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET                THE … Continue reading Memorandum on Advancing the United States’ Leadership in Artificial Intelligence

AI

Remarks by APNSA Jake Sullivan on AI and National Security

Colin Henderson

Remarks by APNSA Jake Sullivan on AI and National Security National Defense UniversityWashington, D.C. MR. SULLIVAN: Good morning, everyone. And thanks so much for that introduction, Lieutenant Colonel Grewal. And I also want to thank the National War College for bringing us all together today. And I want to thank my colleagues from across the intelligence community and DOD, as well as from the NSC, who have really put their blood, sweat, toil, and tears into producing this National Security Memorandum on Artificial Intelligence that we’re rolling out today.  Framework Most importantly, though, I want to thank all of you for … Continue reading Remarks by APNSA Jake Sullivan on AI and National Security

AI

Biden Administration Outlines Government ‘Guardrails’ for A.I. Tools

Colin Henderson

A national security memorandum detailed how agencies should streamline operations with artificial intelligence safely. President Biden has released a series of documents that grapple with the challenges of using A.I. tools to speed up government operations.Credit…Haiyun Jiang for The New York Times By David E. Sanger Reporting from Washington Oct. 24, 2024Updated 4:44 p.m. ET President Biden on Thursday signed the first national security memorandum detailing how the Pentagon, the intelligence agencies and other national security institutions should use and protect artificial intelligence technology, putting “guardrails” on how such tools are employed in decisions varying from nuclear weapons to granting asylum. The … Continue reading Biden Administration Outlines Government ‘Guardrails’ for A.I. Tools

AI

Private banks leading AI adoption in banking services, says RBI study

Colin Henderson

Says AI likely to make banking services accessible to population at bottom of the pyramid Advertisement Representative PictureAbhijit Lele Mumbai 2 min read Last Updated : Oct 21 2024 | 9:28 PM IST Private sector banks in India are taking the lead in the adoption of Artificial Intelligence (AI) in areas like fraud detection, customer segmentation, and chat automation, according to a Reserve Bank of India (RBI) study. The asset size and capital adequacy ratio are influencing the rate of adoption. The size and financial health had a positive influence on the banks’ focus on AI, reflecting the impact of economies of scale and … Continue reading Private banks leading AI adoption in banking services, says RBI study

AI

LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings

Colin Henderson

Current progress by LTIMindtree including expansion into US. The focus on embedding AI into all services, and rationalising smaller clients who do not folllow this approach is designed to create a forward looking portolio of customers.. Sources Times of India, Ecomomic Times India’s sixth-largest technology services company, LTIMindtree, has reportedly won its largest deal ever. The company focuses on revolutionising smaller clients and grabbing a higher share of vendor consolidation deals with artificial intelligence (AI), the biggest transforming technology. Now, the company has established a strong presence in the market.  “We are now embedding AI into each of our services, reimagining with … Continue reading LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings

AI

AI search start-up Perplexity targets $8bn valuation in new funding round

Colin Henderson

AI search start-up Perplexity targets $8bn valuation in new funding round Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraising Perplexity seeks to take on Google with an artificial intelligence-led approach to search ads © Dado Ruvic/Reuters AI search start-up Perplexity targets $8bn valuation in new funding round on x (opens in a new window) AI search start-up Perplexity targets $8bn valuation in new funding round on facebook (opens in a new window) AI search start-up Perplexity targets $8bn valuation in new funding round on linkedin (opens in a new window) Save current progress 100% … Continue reading AI search start-up Perplexity targets $8bn valuation in new funding round

AI

Toyota Joins With Hyundai’s Boston Dynamics on AI-Powered Robots

Colin Henderson

Research effort aims to develop, deploy multi-tasking robots at scale. By Chester Dawson October 16, 2024 at 9:00 AM EDT Updated on October 16, 2024 at 4:06 PM EDT Save Translate 3:28 Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence. The partnership will pair Toyota Research Institute’s expertise in large behavior model learning for machines with Boston Dynamics’ humanoid Atlas robot, they said Wednesday. Boston-based teams from TRI and Boston Dynamics will conduct research on use cases for AI-trained robots in areas such as human-robot interaction, they said. … Continue reading Toyota Joins With Hyundai’s Boston Dynamics on AI-Powered Robots

AI

Google’s Nuclear Deal Points to a Promising New Group of Stocks

Colin Henderson

Follow Barron’s in Apple News Companies that own nuclear reactors have been the biggest beneficiaries of rising demand for nuclear power for most of this year. That includes Constellation Energy and Vistra, whose stocks have more than doubled this year. Now, a new group of nuclear stocks is beginning to rise—companies that are designing, building, and fueling new kinds of reactors. That includes NuScale Power, Oklo, BWX Technologies, and Centrus Energy, and their ascent may just be getting under way. On Monday, Alphabet’s Google announced that it had made a deal with privately held Kairos Power, a California-based developer of … Continue reading Google’s Nuclear Deal Points to a Promising New Group of Stocks