Nvidia falters, an OpenAI exit, and AI Pin returns: AI news roundup

Plus, Microsoft and Palantir will sell AI software to U.S. defense and intelligence departments

In mid-June, chipmaking darling Nvidia was at its peak, trading at record-highs and briefly surpassing Apple and Microsoft to become the world’s most valuable public company. Since then, Nvidia’s market value has tumbled $900 billion.

Earlier this week, Nvidia’s stock fell after a report that shipments of its highly-anticipated Blackwell AI platform are delayed due to design flaws.

Read about it and more in the AI news roundup.

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Earlier this year, Nvidia became the first chipmaker to reach a $2 trillion market cap, shortly joined the $3 trillion market cap club, and then surpassed both Apple and Microsoft to become the most valuable public company in the world. Since then, its value has tumbled $900 billion.

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U.S. national security missions will soon get a boost from cloud-computing and artificial intelligence tools from Microsoft and Palantir.

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Some tech leaders see virtual assistants as the next phase of generative artificial intelligence — but one startup working on the idea is having a hard time selling it.

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Nvidia might be a dominant force in the market for artificial intelligence chips, but it’s struggling to meet soaring demand, and reportedly turning to Samsung to supply a key part of its chipset.

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Redditors uncovered the set of prompts Apple is using to instruct its suite of AI tools, Apple Intelligence.

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The generative artificial intelligence boom is driving new business and stock performance for a major telecommunications company.

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The Biden administration has now invested in all five of the world’s major chipmakers with its latest Chips and Science Act funding recipient.

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Less than a day after one OpenAI co-founder filed a lawsuit against the startup and key executives, its president announced a months-long sabbatical and co-founder John Schulman revealed he would be joining rival artificial intelligence firm Anthropic.

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Ratings and analytics company S&P Global is partnering with consulting firm Accenture to train its staff to use generative artificial intelligence.

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Five of the U.S.’s top election officials on Monday asked X owner and chief technical officer Elon Musk to ensure his artificial intelligence chatbot stuck to the facts after it spread false information regarding Vice President Kamala Harris.

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AI chipmaking startup Groq — not to be confused with Elon Musk’s AI chatbot, spelled Grok — announced Monday that it’s secured another $640 million from BlackRock, Cisco, and other investors.

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Nvidia shares fell sharply in pre-market trading — about 13% — and remained down by around 8% after the market opened on Monday.