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Opinion | Why chipmakers' stock surge is no guarantee of AI revolution's future

While generative AI holds transformative promise for some, for others it heralds large-scale job losses and widespread ethical and security challenges. Even if this technological revolution lives up to its potential, it is clear its benefits will take years to reach consumers and firms in poorer countries.
Geoffrey Hinton Abu Dhabi Taiwan Semiconductor Manufacturing Company Oxford University European Union World Trade Organization
Source: scmp.com

China's Moonshot AI zooms to $2.5B valuation, raising $1B for an LLM focused on long context

The race to build the next big large language model is on, and now a contender out of China has reportedly banked a major round of funding to catapult it to the front of the pack. Moonshot AI, an artificial intelligence startup founded less than a year ago building LLMs that can handle long inputs of text and data, has raised over $1 billion in a Series B round, according to multiple media reports out of China. If accurate, this latest injection of capital would value Moonshot AI at $2.5 billi...
Jammu And Kashmir Jie Tang Ruslan Salakhutdinov Yang Zhilin Wu Yuxin Zhou Xinyu
Source: yahoo.com

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