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Yesterday β€” 25 June 2024Main stream

Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

25 June 2024 at 17:56
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

Β© Joel Angel Juarez/Reuters

The Volkswagen investment provides cash to Rivian, which has struggled to ramp up manufacturing of its electric pickups and sport utility vehicles.
Before yesterdayMain stream

Ilya Sutskever, OpenAI Co-Founder Who Helped Oust Sam Altman, Starts His Own Company

By: Cade Metz
19 June 2024 at 20:24
Ilya Sutskever’s new start-up, Safe Superintelligence, aims to build A.I. technologies that are smarter than a human but not dangerous.

Β© Jim Wilson/The New York Times

Last year, Ilya Sutskever helped create what was called a Superalignment team inside OpenAI that aimed to ensure that A.I. technologies would not do harm.

How A.I. Is Revolutionizing Drug Development

17 June 2024 at 12:47
In high-tech labs, workers are generating data to train A.I. algorithms to design better medicine, faster. But the transformation is just getting underway.

Chips in a container at Terray Therapeutics in Monrovia, Calif. Each of the custom-made chips has millions of minuscule wells for measuring drug screening reactions quickly and accurately.

How A.I. Is Revolutionizing Drug Development

In high-tech labs, workers are generating data to train A.I. algorithms to design better medicine, faster. But the transformation is just getting underway.

Chips in a container at Terray Therapeutics in Monrovia, Calif. Each of the custom-made chips has millions of minuscule wells for measuring drug screening reactions quickly and accurately.

Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion

11 June 2024 at 14:07
Created by alumni from Meta and Google, Mistral is just a year old and has already raised more than $1 billion in total from investors, leading to eye-popping valuations.

Β© Dmitry Kostyukov for The New York Times

Arthur Mensch, the chief executive of Mistral, said the fund-raising round would help fuel expansion.

How the Humane AI Pin Flopped

Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale.

Β© Kelsey McClellan for The New York Times

Ampla, a Lender to Consumer Brands, Faces Financial Struggles

24 May 2024 at 05:02
Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.

Β© Kim Raff for The New York Times

Ben Perkins, the founder of &Collar, a men’s dress shirt company, was told by an Ampla representative last month that his business’s credit line had been frozen.

Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race

29 April 2024 at 00:01
Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.

Β© Left, Enric Fontcuberta/EPA, via Shutterstock; right, Clara Mokri for The New York Times

Demis Hassabis, left, the chief executive of Google DeepMind, and Mustafa Suleyman, the chief executive of Microsoft AI, were longtime friends from London.

A.I. Start-Ups Face a Rough Financial Reality Check

The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.

Β© Aaron Fernandez

β€˜To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.

Β© Iman Al-Dabbagh for The New York Times

More than 200,000 people converged on the Leap tech conference in the desert outside Riyadh in March.
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