US lawmakers are advocating for a ban on DeepSeek after security researchers discovered the app transferring user data to a Chinese state-owned company. The app, which gained sudden popularity for its advanced performance, is raising alarm similar to the concerns that surrounded TikTok. While many American tech companies, including OpenAI and Google, charge for similar […]
Amazon has announced a significant plan to invest over $100 billion in AI for 2025, marking a considerable increase from its earlier projection of $75 billion for the same year. This spending primarily focuses on enhancing their Amazon Web Services (AWS) cloud division’s AI capabilities. CEO Andy Jassy highlighted that the fourth-quarter capital expenditures of […]
AI researchers from Stanford and the University of Washington have successfully trained an AI "reasoning" model known as s1, utilizing less than $50 in cloud compute credits, as detailed in a recent research paper. This model exhibits performance comparable to leading models like OpenAI’s o1 and DeepSeek’s R1 on assessments that evaluate mathematical and coding […]
AMD has accelerated the launch of its next-generation data center GPUs, specifically the AMD Instinct MI350 series, moving the expected release date up from the second half of 2025 to mid-year 2025. During the Q4 2024 earnings call, AMD’s CEO Lisa Su announced plans to sample the MI350 with key customers this quarter and ramp […]
Naver-backed Cinamon aims to simplify 3D video animation through AI technologies. Recently securing an $8.5 million Series B funding, the South Korean startup is focusing on enhancing its animated video generation platform, “CINEV,” which is expected to enter beta testing in the first half of 2025. This investment round saw participation from Altos Ventures and […]
Google’s X “moonshot factory” recently announced the launch of its latest venture, Heritable Agriculture, a startup focused on enhancing crop yields using data and machine learning. Founded by Brad Zamft, a former program officer at the Bill & Melinda Gates Foundation and ex-CEO at TL Biolabs, Heritable aims to tackle the environmental challenges posed by […]
DeepSeek is currently making significant waves in the AI landscape, outshining competitors like OpenAI’s ChatGPT. Despite its impressive traction and headlines, questions linger around the reality behind its rapid rise. In a recent episode of TechCrunch’s Equity podcast, host Max Zeff engages with Ion Stoica, a UC Berkeley Computer Science Professor and cofounder of Databricks, […]
Next week, a significant shift in AI regulations will begin as the first obligations of the EU AI Act come into effect. Although full compliance will not be necessary until mid-2025, key restrictions on high-risk AI applications will start on February 2nd, imposing stringent rules and serious penalties for non-compliance. The initial phase of the […]
Apple CEO Tim Cook recently highlighted DeepSeek’s AI models, referring to them as “innovation that drives efficiency” during an earnings call. This statement came in response to inquiries from analysts concerning Apple’s AI strategies and its potential impacts on the company’s profitability. Cook emphasized that Apple employs a hybrid model for its AI capabilities. Simple […]
U.S. markets experienced a sharp downturn on Monday following concerns that DeepSeek’s AI models might diminish the demand for GPUs, leading to a nearly 20% drop in Nvidia’s stock. Despite this, Meta’s CEO, Mark Zuckerberg, reaffirmed the company’s commitment to invest significantly in AI, projecting an expenditure of "hundreds of billions of dollars" as part […]