Page 56 - Latest Updates on Artificial intelligence
China fuelling AI goals with state backing, open source, infra funding
China is quickly closing the gap with the United States in the contest to make technologies that rival the human brain
 "China fuelling AI goals with state backing, open source, infra funding")
Why did Trump admin allow Nvidia to resume H20 AI chips sales to China?
US Commerce Secretary Howard Lutnick said the administration has allowed the resumption of sales of H20 AI chips because the company will not be giving its best technology to China
 "Why did Trump admin allow Nvidia to resume H20 AI chips sales to China?")
Trump AI czar Sacks defends reversal of chip export curbs to China
Allowing Nvidia to resume H20 chip shipments will help the US compete globally and curb Huawei's efforts to expand its share in the international tech market, Sacks said
 "Trump AI czar Sacks defends reversal of chip export curbs to China")
CoreWeave commits $6 bn to Pennsylvania data centre amid Trump AI push
The announcement will be made during a CEO roundtable with Trump at Senator Dave McCormick's inaugural Pennsylvania Energy and Innovation Summit, the company said in a statement
 "CoreWeave commits $6 bn to Pennsylvania data centre amid Trump AI push")
AI adoption helped cut costs and gain new customers, says TVS ILP
Logistics parks operate at full capacity as AI adoption drives operational efficiency, cost reduction and higher customer retention despite global tariff challenges
AI video platform Trupeer raises ₹25.8 crore from RTP Global, others
The funding round also saw participation from Salesforce Ventures and a consortium of over 20 CIO and CTO angel investors from Fortune 500 companies, Trupeer said
 "AI video platform Trupeer raises ₹25.8 crore from RTP Global, others")
Tech Wrap July 15: ChromeOS Android merger, HMD T21 tablet, OnePlus AI
Google to merge ChromeOS and Android platforms. HMD T21 tablet launched. OnePlus AI suite rolls out to OnePlus 13, 13R. Realme C71 5G launched. Canva in Claude AI. Nothing Phone 3, Headphone 1 on sale
 "Tech Wrap July 15: ChromeOS Android merger, HMD T21 tablet, OnePlus AI")
San Francisco rolls out Microsoft's AI tools to 30,000 govt workers
With Microsoft 365 Copilot, the US city aims to cut down on administrative burden, improve public services, and become a benchmark for responsible AI use in government
 "San Francisco rolls out Microsoft's AI tools to 30,000 govt workers")
Trump admin to allow resumption of H20 AI chip sales to China: Nvidia
The development comes amid a preliminary trade deal between the US and China last month, which sought China to resume the exports of rare earth and the US to relax its export curbs
 "Trump admin to allow resumption of H20 AI chip sales to China: Nvidia")
Pentagon awards AI contracts to Google, OpenAI, xAI and Anthropic
The contracts represent a significant revenue stream for AI companies, which have been looking to expand their reach into the public sector
 "Pentagon awards AI contracts to Google, OpenAI, xAI and Anthropic")
Meta's days of giving free AI may be ending as monetisation plans loom
Unlike AI models from Google and OpenAI, Meta's Llama is described as "open source," meaning its underlying code is freely available online for anyone - including rivals - to use and adapt
 "Meta's days of giving free AI may be ending as monetisation plans loom")
Musk suggests Tesla shareholders should vote on possible xAI investment
Musk asked X users publicly last year if Tesla should invest $5 billion in xAI, writing at the time that he was just testing the waters
 "Musk suggests Tesla shareholders should vote on possible xAI investment")
SpaceX commits $2 billion to xAI as Musk steps up AI ambitions: Report
The investment follows xAI's merger with X and values the combined company at $113 billion, with the Grok chatbot now powering Starlink support
 "SpaceX commits $2 billion to xAI as Musk steps up AI ambitions: Report")
Nvidia CEO Jensen Huang to hold media briefing in Beijing on July 16
Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology
 "Nvidia CEO Jensen Huang to hold media briefing in Beijing on July 16")
AI firm iOPEX Technologies innaugrates second facility in Chennai
The US-based company recently strengthened its footprint with the inauguration of the second facility in Chennai, marking a new chapter of growth in the region
 "AI firm iOPEX Technologies innaugrates second facility in Chennai")
Musk's xAI issues lengthy apology for Grok's violent, antisemitic comments
The company blamed a system update for the remarks where the chatbot was seen praising Adolf Hitler
 "Musk's xAI issues lengthy apology for Grok's violent, antisemitic comments")
India first country to launch a traditional knowledge digital library: WHO
The WHO release follows India's proposal on the subject, leading to the development of WHO's first-ever roadmap for applying AI in traditional medicine
 "India first country to launch a traditional knowledge digital library: WHO")
Meta acquires voice AI startup PlayAI as it continues to add talent
Meta has made AI the company's top priority this year, investing heavily in infrastructure such as chips and data centers, as well as recruiting top talent to build AI models and features
 "Meta acquires voice AI startup PlayAI as it continues to add talent")
Musk's xAI seeeks up to $200 billion valuation in fresh funding talks
If the new financing materializes, it would bring xAI's total new backing to $20 billion - a goal that has been discussed by the company
 "Musk's xAI seeeks up to $200 billion valuation in fresh funding talks")
Can China effectively compete in the artificial intelligence talent war?
The competition for AI talent prompted Meta Platforms Inc to reportedly offer sign-on bonuses of $100 million to lure senior staff from rivals
 "Can China effectively compete in the artificial intelligence talent war?")