Browsing: AI

Centerview Partners served as the sole investment bank adviser for Meta Platforms Inc.’s massive $14.3 billion investment in Scale AI, valuing the data-labeling startup at over $29 billion.

Meta’s recently launched AI app is sharing user prompts publicly, sparking privacy concerns among users. The app, which competes with OpenAI’s ChatGPT, has been found to share wacky and personal prompts publicly.

Screenwriter Scott Z. Burns explores the potential of AI in screenwriting through the Audible Original podcast ‘What Could Go Wrong?’

The article discusses the impact of artificial intelligence on the tech industry, highlighting both job displacement and economic growth. It emphasizes Micron’s significant investment in US semiconductor manufacturing and R&D.

Google’s latest AI tools are causing a significant drop in traffic to news publishers, threatening their ad revenue and subscriptions

Chinese AI firms are reportedly smuggling hard drives containing massive amounts of data to Malaysia to train their AI models, bypassing US export controls on advanced Nvidia chips.

AstraZeneca partners with CSPC Pharmaceutical Group in a deal worth up to $5.3 billion to develop therapies for chronic conditions using AI-driven research

Meta has invested $14.3 billion in Scale AI, valuing the data-labeling startup at $29 billion, as part of a deal that brings Scale AI CEO Alexandr Wang to lead Meta’s superintelligence efforts.

Hiring a VP of AI may not be the solution to transforming your company with AI. In fact, it may create a silo and hinder the integration of AI across various functions.

OpenAI plans to maintain its partnership with Scale AI, a provider of labelled training data crucial for AI development, despite Meta’s acquisition of a 49% stake in the company.