Core Scientific, a mining company, is targeting a $25-30 billion valuation by offering high-performance capabilities for AI data centers, according to CEO Adam Sullivan, who highlighted the need to diversify their business.
NaNoWriMo, the nonprofit known for its annual novel-writing contest, recently lost four board members and a key financial sponsor after it stated that rejecting artificial intelligence amounted to class inequality and discrimination against people with disabilities.
Nvidia CEO Jensen Huang announced that the company will now release new AI chip versions annually. This shift in strategy follows reports that the next-generation Blackwell chips have been delayed until late 2024 due to design shortcomings.
Hindenburg Research, an investment research firm, accused AI server producer Super Micro Computer of breaching accounting rules and other regulatory standards. Additionally, Hindenburg disclosed a short position in Super Micro.
YouTube launched an AI-based chatbot aimed at assisting content creators in regaining control of their accounts if they’ve been compromised. For now, it’s available to a select group of users, but the developers intend to make it accessible to everyone.
According to some investors, many tech companies are facing a crisis that’s being overshadowed by the AI hype. Problem areas include software development, IT consulting, and even traditional sectors like the auto industry.
Microsoft is experimenting with a new AI feature called "Intelligent Media Search," enabling users to search for audio and video files by their content. The AI model transcribes the content into text, which can then be indexed and searched.
