Microsoft, Palantir Team Up to Sell AI to US Defense, Intelligence Agencies


By Dina Bass and Lizette Chapman August 8, 2024 at 6:59 AM EDT Microsoft Corp. and Palantir Technologies Inc. are combining their government cloud-computing and artificial intelligence tools in a bid to sell software, including OpenAI’s GPT-4, to US defense and intelligence agencies for top-secret tasks. As part of the agreement, Palantir will integrate its products with Microsoft’s Azure cloud services for government customers, including tools meant for confidential use, and will adopt Microsoft’s Azure OpenAI service inside these secretive clouds. The combination of products will let US defense workers handle tasks like logistics, contracting and action planning, the two companies said Thursday in a statement.  … Continue reading Microsoft, Palantir Team Up to Sell AI to US Defense, Intelligence Agencies

How chip giant Intel spurned OpenAI and fell behind the times


Max A. CherneyAugust 7, 20243:23 PM EDTUpdated an hour ago SAN FRANCISCO, Aug 7 (Reuters) – For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial intelligence, four people with direct knowledge of those discussions told Reuters. Advertisement · Scroll to continue Over several months in 2017 and 2018, executives at the two companies … Continue reading How chip giant Intel spurned OpenAI and fell behind the times

Generative AI – what kind of support can it offer and provide in a defense context


“Hello, and welcome to RUSI Journal Radio. I am Emma De Angelis, editor of the RUSI Journal, and I’m joined today by Ed Mortimer, deputy editor. Hello, everyone. Today, we are joined by Major Patrick Hinton, who serves in the British Army’s Royal Artillery and has experience working with ground-based air defense systems and remotely piloted air systems. He was the chief of the General Staff’s visiting fellow in the Military Sciences Research Group at RUSI until the end of August, 2023. And his research interests include the integration of remote and autonomous systems into land forces, as well as … Continue reading Generative AI – what kind of support can it offer and provide in a defense context

Amazon, Microsoft Keep Data Center Spending Spree Going


Amazon, Microsoft Keep Data Center Spending Spree Going Edward LudlowAugust 6, 2024 at 7:05 AM EDT Major technology companies are spending billions of dollars in capital expenditure and most of it is going for the same thing. But first… Three things you need to know today: • Palantir reports strong results, saying AI has “transformed” the business• Dell is cutting sales jobs in a shakeup that creates a new AI-focused unit• AI chip startup Groq scores a $2.8 billion valuation in its funding round The party is far from over While fears of a US economic slowdown pummeled global stock markets on Monday, hitting … Continue reading Amazon, Microsoft Keep Data Center Spending Spree Going

Was it Warren Buffett, the Bank of Japan or the AI bubble bursting? 


Monday saw a historic stock market selloff that started in Tokyo and spread westward fast and hard, sending some 95% of all listed corporate shares down. Technology stocks, the market’s darlings, fell noticeably hard.  One culprit was Buffett’s Berkshire Hathaway, which nearly halved its holdings of Apple Inc. over the weekend in a $75.5 billion stock unloading. This was likely for tax reasons. (Buffett said Apple is an “even better” business than Coca-Cola, an old favorite.) But the move revealed how reliant the global tech industry is on the iPhone maker. Shares of Apple’s major suppliers dropped drastically on Monday. Taiwan’s stock index had … Continue reading Was it Warren Buffett, the Bank of Japan or the AI bubble bursting? 

How EU AI Act May Accelerate Compliance Regime for U.S. Enterprises


The regulation’s risk-based hierarchy may affect organizations in the United States whose products and services affect EU citizens Pending formal adoption by the European Parliament in April following a provisional agreement in late 2023, the final EU AI Act is expected to apply to any provider, deployer, or distributor of AI whose services or products reach the EU market. “These are broad-reaching requirements that are expected to apply to providers and users of AI systems outside the EU if the output of the AI system affects people located in the EU,” says Tim Davis, a principal with Deloitte Risk & Financial Advisory at … Continue reading How EU AI Act May Accelerate Compliance Regime for U.S. Enterprises

It’s an open secret that vendors here are offering one of the world’s most sought-after technologies: the microchips that create artificial intelligence, which the United States is battling to keep out of Chinese hands


With Smugglers and Front Companies, China Is Skirting American A.I. Bans The U.S. is trying to stop China from getting Nvidia microchips to advance its military. The private sector is fighting back. By Ana Swanson and Claire Fu Ana Swanson reported from Shenzhen, China; Beijing; and Washington. Claire Fu reported from Seoul. Aug. 4, 2024Updated 2:44 p.m. ET In the southern Chinese city of Shenzhen, a mazelike market stretches for a half-mile, packed with stalls selling every type of electronic imaginable. It’s an open secret that vendors here are offering one of the world’s most sought-after technologies: the microchips that create artificial intelligence, which … Continue reading It’s an open secret that vendors here are offering one of the world’s most sought-after technologies: the microchips that create artificial intelligence, which the United States is battling to keep out of Chinese hands

Market Insights: A Peek Into the Semiconductor Industry


Market Insights: A Peek Into the Semiconductor Industry The “Super 7” – Apple, Microsoft, Google, Amazon, Tesla, Meta, and Nvidia – have partly helped lift the tech-focused Nasdaq index up over 30% this year. All of them have outperformed the broader market, with the top performer Nvidia more than doubling its share price. These tech giants are all part of the latest artificial intelligence (AI) revolution, largely driven by the rise of ChatGPT and other generative AI apps earlier this year. Apple’s smart headset, Vision Pro, is an example of how this technology is being applied. Microsoft has invested in … Continue reading Market Insights: A Peek Into the Semiconductor Industry

UK-USA Partnership in Health Applications for Quantum Technologies


The Science and Innovation Network in the USA drives the development of an exciting new partnership between UK and US industry and academia around health applications for quantum technologies.From:Foreign, Commonwealth & Development OfficePublished30 July 2024Get emails about this page Documents UK-USA Partnership in Health Applications for Quantum  Continue reading UK-USA Partnership in Health Applications for Quantum Technologies