Welcome to AI News Today, your daily roundup of the AI industry.
President Trump's AI Plans: Innovation and Ethical Concerns
Former President Donald Trump's AI policy, which focused on deregulation and aligning AI development with American values, contrasts with President Biden's executive order on AI. This approach aims to promote innovation while countering Chinese advances, but it raises ethical concerns about balancing rapid technological progress with responsible development. Check out the TDR website for more details!
Nvidia and Pfizer lead $80M funding round for Israeli medical AI company CytoReason
NVIDIA Corp. (NASDAQ: NVDA) and Pfizer Inc. (NYSE: PFE) led an $80 million funding round in Israeli medical AI company CytoReason. The investment is aimed at strengthening CytoReason's capabilities using AI to develop medical insights and treatments.
Google unveils AlphaFold 3
Google has announced the development of AlphaFold 3, the latest version of its AI system for predicting protein structures, a breakthrough that promises to significantly advance scientific research and understanding of biological processes.
UK government to develop AI regulations for powerful models
The new UK government will work to strengthen product safety while also establishing appropriate rules for the most powerful AI models, reflecting the UK's commitment to safe and ethical AI development.
Anthropic and Menlo Ventures Launch $100 Million Anthology Fund for AI
Anthropic, along with Menlo Ventures, has launched the $100 million Anthology Fund to back AI startups, with the goal of accelerating innovation and development in the AI space.
DOE Proposes AI to Accelerate Energy Research
The U.S. Department of Energy has proposed using AI to accelerate energy research, an effort that is part of a broader strategy to leverage AI to advance scientific discovery and energy solutions.
China may abandon unified AI legislation due to timing discrepancies
China is likely to abandon plans for uniform AI legislation due to major disagreements over its timing and scope, a move that illustrates the difficulty of crafting a comprehensive regulatory framework for a rapidly evolving technology.
SkilledAI secures $300 million in funding from Jeff Bezos and SoftBank
SkilledAI has raised $300 million in a funding round led by Jeff Bezos and SoftBank, the investment will support the development of advanced AI solutions and robotics technology.
Grayscale launches decentralized AI fund
Grayscale has introduced a new decentralized AI fund to invest in emerging AI technologies, aiming to capture the growing potential of AI-driven innovation across various industries.
Fei-Fei Li builds billion-dollar startup in four months
Fei-Fei Li, known as the “Godmother of AI,” launched a billion-dollar startup in just four months. Her new venture is focused on advancing AI technology and applications, marking a significant milestone for the AI industry.
China introduces censorship to create socialist AI
China is using censorship to develop AI systems that are aligned with its socialist values, an effort aimed at ensuring that AI technology reflects the country's ideological principles and promotes a state-approved narrative.
Beef 'O' Brady's deploys SoundHound's AI ordering system
Beef 'O' Brady's partnered with SoundHound to deploy an advanced voice AI ordering system, providing customers with a seamless phone ordering experience, improving convenience and efficiency for the popular restaurant chain.
Read more AI news on the TDR website.
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