The Department of Energy appears poised to terminate funding for a pair of large carbon sucking factories that were originally set to receive more than $1 billion in government grants, according to a department issued list of projects obtained by MIT Technology Review and circulating among federal agencies. The projects include the South Texas Direct…
Talk of AI is inescapable. It’s often the main topic of discussion at board and executive meetings, at corporate retreats, and in the media. A record 58% of S&P 500 companies mentioned AI in their second-quarter earnings calls, according to Goldman Sachs. But it’s difficult to walk the talk. Just 5% of generative AI pilots…
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OpenAI has struck agreements with two of the world’s biggest manufacturers of memory chips, Samsung Electronics and SK Hynix, to make DRAM wafers for the Stargate AI infrastructure project, and build data centers in South Korea.