Elon Musk has once again filed a lawsuit against Sam Altman, alleging that he was manipulated into co-founding OpenAI under false pretenses. Musk claims that Altman and Greg Brockman deceived him into believing that OpenAI was a non-profit organization focused on safety and openness for the benefit of humanity. However, after investing millions of dollars,
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The recent decision by the U.K. government to cancel £1.3 billion worth of computing infrastructure projects has dealt a significant blow to the country’s aspirations of becoming a world leader in artificial intelligence. This move, aimed at prioritizing other fiscal plans, has raised concerns about the U.K.’s ability to build high-performance infrastructure capable of running
The U.S. Department of Justice has launched an investigation into complaints against Nvidia for allegedly abusing its market dominance in artificial intelligence chips. According to a report from The Information, the DOJ has been in contact with Nvidia’s competitors, including AMD, to gather information regarding the allegations. One of the key issues being looked into
Meta, formerly known as Facebook, experienced a 6% increase in its stock shares following the release of its second-quarter earnings report. The company surpassed Wall Street’s expectations with a record-high revenue of $39.07 billion, marking a 22% increase from the previous year. Additionally, Meta reported a net income of $13.47 billion, which is a 73%
Microsoft’s once exclusive partnership with OpenAI has taken a complex turn as the tech giant now lists the artificial intelligence startup as a competitor in their latest annual report. This move signals a shift in the dynamics between the two companies, who have enjoyed a long-standing collaboration. Despite being the biggest investor in OpenAI, having
Uber and BYD recently announced a groundbreaking partnership that aims to revolutionize the ride-hailing industry by integrating electric cars into their platform. This collaboration is set to bring significant changes to Uber’s operations in Europe and Latin America, with plans to expand to other regions in the future. The partnership will not only offer pricing
Russia is currently facing immense financial pressure due to Western sanctions, prompting the country to consider the legalization of cryptocurrency for international payments. The lower house of the Russian Parliament, the State Duma, is set to deliberate on a law that will allow for settlements in cryptocurrencies within an experimental regime. This move comes as
Apple made an interesting move on Monday by revealing that the artificial intelligence models powering its Apple Intelligence system were pretrained on Google processors. This decision to utilize Google’s homegrown Tensor Processing Unit (TPU) for training is significant as it indicates a shift away from Nvidia’s dominance in the market for high-end AI training chips.
The cryptocurrency market experienced a surge at the onset of the final week of July as traders absorbed a series of political events that unfolded over the weekend. Bitcoin recorded a 2% increase, reaching $69,640.00, while Ether saw a 3% rise to $3,382.15. This uptick follows a week where Bitcoin ended with a 1% gain
Former President Donald Trump made headlines during the biggest bitcoin conference of the year when he revealed his stance on bitcoin, but his proposal fell short of the revolutionary ideas some crypto enthusiasts had anticipated. Instead of promising to establish an official U.S. bitcoin strategic reserve currency, Trump simply vowed to maintain the current level