Today in AI - November 15, 2024
Description
Family offices like Maelstrom and Motier Ventures are significantly investing in AI startups, driving innovation and reshaping the tech landscape.
Elon Musk's lawsuit against Open AI reveals internal conflicts and strategic decisions, highlighting concerns about the shift from a nonprofit to a for-profit model and broader industry challenges.
Elon Musk has expanded his lawsuit against Open AI and Microsoft, alleging monopolistic practices and raising concerns over AI power consolidation and regulatory scrutiny.
Microsoft aims to become carbon negative by 2030, investing in direct air capture technology and partnering with RBC and Deep Sky to fund innovative carbon capture projects.
JobGet's acquisition of Snagajob aims to create a powerful platform for hourly and frontline workers, leveraging AI tools to enhance job matching and streamline the application process.
Elon Musk's AI company, xAI, is raising $6 billion to invest in Nvidia chips, enhancing its AI infrastructure and capabilities, including its chatbot Grok.
The integration of AI into daily life has raised significant privacy and safety concerns, prompting FTC Chair Melissa Holyoak to call for an investigation into AI data practices.
O2 has introduced Daisy, an AI-powered tool designed to engage telephone scammers in meaningless conversations, developed with cybersecurity expert Jim Browning.
The New York State Department of Financial Services has issued new guidance for financial institutions to mitigate cybersecurity risks associated with AI, emphasizing robust risk management frameworks and data quality.
Xiaodi Hou, former CEO of TuSimple, is seeking a court order to prevent the company from transferring its U.S. assets to China and has launched a new autonomous trucking startup, Bot Auto.
The startup ecosystem saw activity with Klarna filing for a U.S. IPO and PayU planning to go public in 2025, highlighting growth and regulatory challenges in fintech.
In 2017, Open AI considered acquiring Cerebras Systems to leverage its AI chip technology but ultimately shifted focus to collaborating with semiconductor firms.
Bluesky is gaining traction as a decentralized social network prioritizing user privacy and control, attracting users disillusioned with traditional platforms like X.
Cruise, General Motors' autonomous vehicle subsidiary, is addressing safety concerns and regulatory actions following a high-profile incident involving a robotaxi.
Lenovo is diversifying its supply chain by establishing new manufacturing facilities outside China, including a significant investment in Saudi Arabia, and capitalizing on the AI PC market.