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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All eyes were on French President Emmanuel Macron at the end of the first day of the Artificial Intelligence Action Summit in Paris after he annouunced a €109 billion investment package (around $112 billion at current exchange rates) in the French AI ecosystem on Sunday evening. He reiterated this financial commitment from private partners willing […]
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Rivian will sell its commercial electric vans to any U.S. business that wants one — more than a year since ending an exclusivity deal with backer Amazon. The company will sell two vans — the smaller 500 and the larger 700 — but buyers will have to be registered businesses, according to the company. That […]
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Perplexity’s Super Bowl contest managed to move the needle on its app’s downloads. Unlike OpenAI and Google, the AI search engine chose to forgo an expensive Super Bowl ad in favor of a tweet — sorry, an X post — encouraging users to download its app and enter a contest that could result in a […]
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Hundreds of heads of states, tech CEOs and nonprofits have flocked to Paris for the Artificial Intelligence Action Summit. So far, the winner of this week’s diplomatic and business parade seems to be Mistral. In business lingo, we would say that the French AI unicorn is experiencing tailwinds. Mistral has been one of the leading […]
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As President Donald Trump attempts to freeze funding for a $5 billion federal EV charging infrastructure program, some states are stepping up. EV charging infrastructure startup Revel secured Monday a $60 million loan from New York’s clean energy investment fund NY Green Bank to more than triple its current public fast charging network in NYC. […]
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As the AI Summit got underway in Paris on Monday, some 60 European companies — from incumbent industrial giants to AI startups (including France’s LLM-maker Mistral) — signed up to an initiative to help establish Europe as a leader in AI. But the fact that they felt the need to sign up at all highlights the […]
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