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News
EU has announced a competition to build AI gigafactories | Ukrainian News
5+ hour, 22+ min ago (304+ words) The European Union will allocate 10 billion euros to fund seven gigafactories for artificial intelligence development in the bloc's countries. This was reported reported On Thursday, the European Commission. The initiative is expected to attract at least 20 billion euros in private…...
More than 200 leading economists call for preparations for an AI-driven economic revolution
2+ week, 2+ day ago (323+ words) More than 200 economists and researchers, including 15 Nobel Prize laureates, on Monday issued a joint statement warning that artificial intelligence could transform the global economy at a speed and on a scale surpassing the Industrial Revolution. They called on policymakers and…...
SoftBank completes record $40 billion investment in OpenAI
7+ mon, 5+ hour ago (245+ words) SoftBank Group has completed a $40 billion investment in OpenAI, reported Reuters. This was one of the largest private funding rounds in history and reinforced founder Masayoshi Son's bet on the development of artificial intelligence. SoftBank is building one of the…...