February 22, 2025

US AI Safety Institute could face big cuts

The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]

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June 2023

France’s Mistral AI blows in with a $113M seed round at a $260M valuation to take on OpenAI

June 13, 2023

AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round of seed funding to compete against OpenAI in the building, training and application of large language models and generative AI. Mistral AI, based out of Paris, is co-founded by alums from […]

France’s Mistral AI blows in with a $113M seed round at a $260M valuation to take on OpenAI by Ingrid Lunden originally published on TechCrunch

3 Defense Stocks to Profit From

June 13, 2023
Geopolitical tensions have heightened defense spending, which is expected to create opportunities for the industry. Therefore, it could be wise for investors to buy defense stocks TransDigm (TDG), Ducommun (DCO),…

GM and partner Samsung SDI pick Indiana for $3B battery factory

June 13, 2023

The battery belt — a region stretching from Michigan down into Georgia where the bulk of EV and battery manufacturing is concentrated — has yet another project. GM-Samsung SDI has picked Indiana for the site of a $3 billion battery cell factory that is slated to begin operations in 2026. Indiana Gov. Eric Holcomb made […]

GM and partner Samsung SDI pick Indiana for $3B battery factory by Kirsten Korosec originally published on TechCrunch