Page 53 - Data Science For News Today

The AI chip venture is code-named Izanagi. ​​Masayoshi Son envisions creating a company that can complement chip design unit Arm Holdings Plc and allow the billionaire to build an AI chip powerhouse.

The tender offer values the artificial intelligence startup at $86 billion, a price that makes OpenAI one of the most valuable startups in the world. Bloomberg previously reported the value and that Thrive Capital, the venture capital firm led by Josh Kushner, would lead the deal.

Strong spending from cloud computing service providers and the rise of AI-embedded personal computers are driving demand for more advanced chips and by extension, for chip making equipment too.

Europes Digital Services Act, which comes into force this week, will require very large online platforms and search engines to do more to tackle illegal content and risks to public security.

Captain Fresh raises $25M in funding round led by BII and Nekkanti Seafoods Group. Utham Gowda to hold 19% stake. Matrix Partners, Ankur Capital, Prosus, and Tiger Global also invest. Acquisition of Senecrus. Expansion in US, Europe, and southeast Asia. Works with retailers Metro, Auchan, Carrefour in France, Germany, Poland, Middle East.

Global tech leader Service Now partnered with Hugging Face to roll out the Now LLM, an instruction fine-tuned version of a model in the StarCoder model family, for HR leaders to drive productivity and operational efficiency by reducing redundant and manual tasks. Global captive centre (GCC) scaler company ANSR has built the Nova LLM trained using Vicuna 7B model based on the Llama 2 series, trained on public and proprietary information.

The move by the EU, which proposed the draft rules in 2021, came ahead of a meeting of ambassadors from the 27 EU countries on Friday to vote on the provisional deal clinched by Belgium, current holder of the EU presidency, with EU lawmakers last week.

The delivery firm, which also reported a wider-than-expected loss for the fourth quarter ended December 31, has increased minimum pay for its delivery workers, following new regulations.

The Assembly approved a bipartisan measure to require political candidates and groups to include disclaimers in ads that use AI technology. Violators would face a $1,000 fine.

Hundreds of workers at a manufacturing plant of Apple supplier Flex in Tamil Nadu staged a one-day strike on Friday, demanding higher wages and the recognition of a union.