Meta finalizes $14.3 billion investment in Scale AI, sources say, poaching CEO Wang
Meta has finalized a significant investment in Scale AI, acquiring a 49% stake for $14.3 billion, and hiring Scale’s CEO Alexandr Wang for its AI efforts.
AMD unveils AI server as OpenAI taps its newest chips
AMD introduces its new AI server, highlighting its latest chips, which have been selected by OpenAI for advanced capabilities.
Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI’s post-money valuation is $29B
Meta’s recent investment in Scale AI aims to boost its AI capabilities, with plans for its new CEO to report directly to its own leadership.
Adobe raises annual forecasts on steady adoption of AI-powered tools
Adobe’s latest forecasts indicate robust growth driven by increased adoption of its AI-powered tools, as the company successfully adapts to market trends.
Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta’s investment in Scale AI marks a pivotal effort to enhance its AI technologies and innovation pipeline.
SAG-AFTRA’s Interactive Media Agreement with game companies requires performers’ informed consent for all planned AI use
The new agreement between SAG-AFTRA and game companies establishes guidelines for AI use that require the informed consent of performers, marking a significant regulatory effort in the industry.
Oracle shares hit record high as AI cloud demand propels revenue forecast
Oracle has seen its shares surge as demand for its AI cloud services drives an optimistic revenue forecast, highlighting the importance of AI in its business strategy.
The CEO of a $62B data and AI company says people underestimate how hard it is to completely automate tasks
The CEO stresses the complexities involved in fully automating tasks, emphasizing that developers must balance innovation with realistic expectations in the rapidly evolving AI landscape.
The public feed of the Meta AI app is filled with private and sensitive information
Concerns have been raised about the Meta AI app’s public feed exposing users’ sensitive information, pointing to potential privacy risks and deficiencies in user awareness.
AI comes to the URL with a new web browser that answers you back
The launch of Dia, an AI-first web browser, revolutionizes user interaction with web tabs by allowing chat-like communication, enhancing browsing efficiency.
Cloud computing startup Crusoe plans to buy ~$400M worth of AI chips from AMD
Crusoe intends to purchase significant quantities of AI chips from AMD to enhance its cloud computing capabilities, signaling a growing investment in AI infrastructure.
The Meta AI App Lets You ‘Discover’ People’s Bizarrely Personal Chats
Meta’s new AI app features a ‘discover’ feed that inadvertently exposes users’ personal conversations, raising significant privacy concerns and highlighting the intersection of technology and individual rights.
Scoop: Trump to headline AI energy summit in Pittsburgh
Former President Trump is set to headline a summit focused on AI and energy in Pittsburgh, reflecting the growing intersection of AI technology with energy sectors.
The Meta AI app is a privacy disaster
Meta’s AI app raises alarms over privacy issues, as users remain unaware of how their data is shared, underscoring the urgent need for better data privacy regulations.