AI

Meta Develops and Tests Custom AI Chip to Reduce Nvidia Dependence

Meta, the parent company of Facebook, is testing its first in-house chip designed for training artificial intelligence systems—a significant step in its effort to develop custom silicon and reduce dependence on external suppliers like Nvidia (NVDA.O). According to two sources who spoke with Reuters, the social media giant has initiated a limited deployment of the chip and plans to scale up production for broader use if the trials prove successful. Meta is working with Taiwanese chipmaker TSMC to develop the

Chinese Official: DeepSeek’s Progress Signals AI Industry Boom

The rapid advancement of DeepSeek, a Chinese company that stunned the tech industry this week by developing a cutting-edge large language model on a limited budget, highlights the growing strength of Chinese firms in artificial intelligence (AI), a spokesperson for China’s parliament said on Tuesday. Lou Qinjian, head of the National People’s Congress Standing Committee’s Information Technology and Innovation Subcommittee, praised DeepSeek’s young team, calling their achievement “commendable.” The company is still tiny, but its success could significantly challenge US

OpenAI Mulls Special Voting Rights to Protect Against Unwanted Acquisitions

OpenAI’s consideration of granting special voting rights to protect against hostile takeovers reflects a proactive stance in preserving the company’s ethical values. This move could spark a broader conversation in the tech industry, encouraging other companies to adopt similar strategies to maintain control as they transition to traditional for-profit models. Backed by Microsoft, OpenAI is exploring the possibility of giving its nonprofit board special voting rights to safeguard the authority of its directors, particularly as it faces an unsolicited takeover

OpenAI Moves Closer to Launching Its Own AI Chip This Year

OpenAI is moving forward with efforts to reduce its dependence on Nvidia (NVDA.O) by developing its first in-house artificial intelligence chip. The ChatGPT maker is expected to finalize the design in the coming months and plans to have it manufactured by Taiwan Semiconductor Manufacturing Co (2330.TW), a process that could cost tens of millions of dollars and take about six months to produce a functional chip, sources told Reuters. This initial fabrication stage, known as “taping out,” does not guarantee

ChatGPT Gets a Boost: OpenAI Introduces ‘Deep Research’ Amid Rivalry with DeepSeek

US tech giant OpenAI introduced a ChatGPT-powered tool called “Deep Research” on Monday, just ahead of key meetings in Tokyo, as competition in the AI sector intensifies with China’s DeepSeek chatbot. During a live-streamed announcement, OpenAI researchers showcased how the new agent could analyze web search data to suggest ski equipment for a winter trip to Japan. The company stated that the model could process and synthesize information from hundreds of online sources at an analyst-level capacity. The demonstration sparked

Revolutionary Video AI Model by Amazon Enhances Media Analysis

Implementing Video AI for advertising demands a strategic approach to achieve maximum efficiency and impact. Leveraging Edge Computing ensures reduced latency and improved real-time processing by handling data closer to its source. Scaling seamlessly with Amazon Web Services (AWS) supports large-scale video projects, while utilizing advanced optimization tools allows marketing agencies to fine-tune AI-driven ads for peak performance and engagement. AI has revolutionized the way e-commerce companies do business. However, its nascent stage means there is still a steep learning

Latest Funding Round Boosts Sierra’s Valuation to $4.5 Billion

Sierra, an AI-focused software startup co-founded by former Salesforce co-CEO Bret Taylor, announced on Monday that it raised $175 million in a new funding round led by Greenoaks Capital, boosting its valuation to $4.5 billion. This financing comes within a year of Sierra’s public launch, marking Taylor as one of Silicon Valley’s most closely watched entrepreneurs. Sierra specializes in enhancing AI-driven customer service for clients like WeightWatchers and Sirius XM. Sources familiar with the company’s performance reported to Reuters earlier

Spotify Partners with Google’s AI for Tailored Suggestions in Podcasts and Audiobooks

Spotify (SPOT.N) expanded its partnership with Google Cloud to use large language models (LLMs) to help identify a user’s listening patterns across podcasts and audiobooks to suggest tailor-made recommendations. Artificial intelligence-powered LLMs, such as OpenAI’s ChatGPT and Google Bard, are trained on a massive amount of data to generate text and other content. Alphabet’s (GOOGL.O) Google Cloud, which powers Spotify, has several models, including PaLM 2, Codey, Imagen, and Chirp. Spotify will use the new tools to help users discover