President Biden will travel to Wisconsin on Wednesday to announce the creation of an artificial intelligence data center, highlighting one of his administration’s biggest economic accomplishments in a crucial battleground state — and pointing up a significant failure by his immediate predecessor and 2024 challenger. At a technical college in Racine, Mr. Biden will announce…
Wayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries. SoftBank, the Japanese conglomerate that backed Uber and other tech companies, was the lead investor, along…
Eight daily newspapers owned by Alden Global Capital sued OpenAI and Microsoft on Tuesday, accusing the tech companies of illegally using news articles to power their A.I. chatbots. The publications — The New York Daily News, The Chicago Tribune, The Orlando Sentinel, The Sun Sentinel of Florida, The San Jose Mercury News, The Denver Post,…
Mustafa Suleyman grew up in subsidized housing in one of London’s roughest areas. His father, a Syrian immigrant, drove a taxi. His mother was a nurse with the National Health Service. When the prestigious Queen Elizabeth’s School accepted him at the age of 11, the family moved into a safer, leafier neighborhood a few miles…
Mustafa Suleyman grew up in subsidized housing in one of London’s roughest areas. His father, a Syrian immigrant, drove a taxi. His mother was a nurse with the National Health Service. When the prestigious Queen Elizabeth’s School accepted him at the age of 11, the family moved into a safer, leafier neighborhood a few miles…
Call it the end of the beginning of the A.I. boom. Since mid-March, the financial pressure on several signature artificial intelligence start-ups has taken a toll. Inflection AI, which raised $1.5 billion but made almost no money, has folded its original business. Stability AI has laid off employees and parted ways with its chief executive….
If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry’s A.I. boom. Companies from Amazon to Meta are revamping their data…
On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh. The lure: billions of dollars in Saudi money as the kingdom seeks…
On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh. The lure: billions of dollars in Saudi money as the kingdom seeks…
Meta on Wednesday reported a 27 percent increase in revenue and profit that more than doubled in the first quarter, as the company said it planned to spend billions of dollars more than expected on infrastructure to support its artificial intelligence efforts. Revenue for the company, which owns Facebook, Instagram, WhatsApp and Messenger, was $36.5…
