Competition in China’s AI market is shifting from building increasingly powerful models to finding ways to monetize them and apply them in practice. Alex Yao, head of China equity research at JPMorgan, told SCMP about this trend.
By Daniel Mercer NVIDIA CEO Jensen Huang said the company will take part in OpenAI’s new funding round and plans to invest a “significant amount,” Bloomberg reports. The comments came after a The Wall Street Journal article claimed that the two companies were reassessing an earlier $100 billion deal that never progressed beyond preliminary discussions.
By Alex Rowland The mega-deal announced in September between OpenAI and Nvidia is now unlikely to be finalized as originally planned. Nvidia CEO Jensen Huang has reportedly voiced internal doubts about OpenAI’s business strategy.
By Chris Borden SpaceX negocia una posible fusión con la empresa de IA xAI de Elon Musk antes de su prevista salida a bolsa, informa Reuters. La operación объединaría en una sola compañía a SpaceX, los satélites Starlink, la red social X y el chatbot Grok.
By Chris Borden Mining company Bit Digital plans to completely exit Bitcoin mining and instead focus on investments in Ethereum (ETH) and AI-related strategies, The Block reports.
By Chris Borden Astronomers at the European Space Agency (ESA) have discovered more than 800 previously unknown cosmic anomalies using a new artificial intelligence–based tool. The neural network, called AnomalyMatch, analyzed nearly 100 million image fragments from the Hubble Space Telescope archive in less than three days.
By Alex Rowland OpenAI is reportedly charging around $60 per 1,000 impressions for its first ChatGPT advertising placements. This is far above typical online advertising rates, which usually range in the low single digits, and instead aligns more closely with premium TV advertising prices, such as those seen during NFL broadcasts, according to The Information. The ads appear below ChatGPT responses in the free and low-cost “Go” version.
By Chris Borden Deutsche Bank to Close Around 100 Branches Across Germany as AI Adoption Expands
By Chris Borden Vibe Coding Is Reportedly Driving App Spam in Apple’s iOS App Store
By Chris Borden Altman meets Middle East investors for OpenAI’s new mega funding round
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