Three of the top players in the generative artificial intelligence race are reportedly going under investigation by the Federal Trade Commission and Department of Justice over possible antitrust practices. Nvidia $NVDA, OpenAI, and Microsoft $MSFT are all subject to scrutiny by the regulators, the New York Times reported. Meanwhile, Nvidia unveiled its plans this week for more AI chips in the future — and so did its rivals Intel $INTC and Advanced Micro Devices.
Read these stories and more in the AI news roundup.
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It turns out regulators aren’t going to let Microsoft $MSFT scoop up AI talent however it pleases. The Federal Trade Commission is reportedly investigating the company over its strange deal to “acqui-hire” a burgeoning rival to OpenAI: the AI startup Inflection.
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The rapid rise of artificial intelligence has been led by a few key players in the tech world: Microsoft $MSFT, OpenAI, and chipmaker Nvidia $NVDA. Now, they’re all coming under federal scrutiny for their outsized dominance of the market.
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Elon Musk’s artificial intelligence startup, xAI, now has an intended home for its unbuilt supercomputer.
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Saudi Arabia is looking to diversify its economy away from crude oil, and is turning to what some consider its modern day equivalent: semiconductors.
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Apple $AAPL is going all-in on its artificial intelligence ambitions — and it’s apparently turning to the company that kicked off the generative-AI hype for help.
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When Google $GOOGL unveiled its AI-powered search feature last month, it boasted that the new tool would “do the Googling for you.” Called AI Overviews, the new capability serves up concise, AI-generated summaries with key info and links, displayed atop search results.
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Nvidia $NVDA has seen its revenue, shares, and valuation rocket this year — and now its ranking on the Fortune 500 has too.
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Employees of leading AI companies are raising alarm bells about “serious risks” posed by the light-speed evolution of artificial intelligence. In an open letter published today, some 13 former and current staffers of OpenAI, Google $GOOGL DeepMind, and Anthropic — 11 of the group were or are affiliated with OpenAI — warned that AI tech companies lack oversight and transparency.
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Nvidia $NVDA’s share price soared to a record high of $1158.58 on Tuesday morning ahead of its stock split that will begin on Friday.
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Microsoft $MSFT and Google $GOOGL are slashing jobs from their otherwise very successful Cloud divisions as the companies shift gears to focus on AI.
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Artificial intelligence has crept into our everyday lives in many ways, both seen and unseen. And older generations are hesitant to leverage the technology when it comes to their finances.
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Semiconductor pioneer Intel $INTC may have fallen behind in the artificial intelligence chips race, but it’s doing its best to catch up.
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Nvidia $NVDA is powering the current wave of generative artificial intelligence, and chief executive Jensen Huang says robots are next.
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Nvidia $NVDA unveiled its highly-anticipated artificial intelligence chip platform, Blackwell, in March, and already has its successors lined up.
