President Donald Trump pledged that the United States will do “whatever it takes” to secure global leadership in the field of artificial intelligence (AI), unveiling a newly released AI strategic action plan on Wednesday.
Read More Trump signs 3 AI-focused EOs, proclaims the U.S. will do ‘whatever it takes’ to win AI race
The U.S. government announced a newly inked deal, worth up to $200 million, to begin utilizing Grok, Elon Musk’s xAI chatbot — representing a push to modernize the Defense Department.
Read More DOD announces $200M contract with Musk’s artificial intelligence bot Grok
Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity.
Read More Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind
Nvidia notched a market capitalization of $4 trillion, making it the first public company to solidify its position as one of Wall Street’s most-favored stocks.
Read More Nvidia clinches historic $4 trillion market value on AI dominance
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI bets
Microsoft has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model.
Read More Microsoft sued by authors over use of books in AI training