NewsFeed

June 30, 2025

EU's AI Gigafactory Fund Seeks €200 Billion Investment

The European Commission's call for interest in artificial intelligence gigafactories has received a "vast majority" of responses from European investors, with global investors also permitted to participate. EU Commissioner Henna Virkkunnen announced plans to mobilize €200bn for investment in AI through the InvestAI fund, with €20bn earmarked for four to five gigafactories. The proposals are "immense in scale", with companies ready to invest over €230 billion. The Commission will now discuss the responses with respondents and member states, with an official call expected later this year.

https://www.euronews.com/next/2025/06/30/most-interest-in-ai-gigafactory-builds-is-european-commission-says

June 30, 2025

Meta Hires Four AI Researchers from OpenAI

Meta is hiring four more artificial intelligence researchers from Microsoft-backed OpenAI, with Shengjia Zhao, Jiahui Yu, Shuchao Bi and Hongyu Ren agreeing to join the company.

https://markets.businessinsider.com/news/stocks/meta-platforms-hires-four-more-openai-researchers-the-information-reports-1034859075

June 30, 2025

OpenAI Rents Google's Powerful Tensor Processing Units

OpenAI has started renting Google's Tensor Processing Units (TPUs) to power its ChatGPT and other products, marking a significant shift away from relying on Microsoft's data centers as a backer. This move comes after OpenAI planned to add Google Cloud services to meet growing computing capacity needs. The collaboration between two prominent AI competitors is seen as a surprise, with Google expanding the external availability of its TPUs, which were previously reserved for internal use.

https://www.deccanchronicle.com/technology/openai-turns-to-googles-ai-chips-to-power-chatgpt-and-other-products-1888342

June 30, 2025

Trump-Backed AI Regulation Pause Sparks Senate Debate

The US Senate is set to approve a provision that would pause state regulations on artificial intelligence for five years, a move backed by tech companies and venture capital firms. The language, part of President Donald Trump's tax legislation, has drawn opposition from some Republican senators who see it as a giveaway to large tech companies.

https://news.bloomberglaw.com/artificial-intelligence/key-senators-strike-deal-to-pause-state-ai-laws-for-five-years

June 30, 2025

Wisconsin Lawmakers Target Trump's AI Regulation Provision

Wisconsin lawmakers are urging Congress to drop a provision in President Donald Trump's tax and spending bill that could prevent states from regulating artificial intelligence. A bipartisan coalition of state lawmakers, including Reps. Dan Knodl and Shannon Zimmerman, and Sen. Kelda Roys, is pushing for the removal of the provision, which would bring an existing moratorium on state AI regulations down to five years and include exceptions to keep children safe online.

https://www.jsonline.com/story/news/politics/2025/06/30/wisconsin-lawmakers-urge-dropping-ban-on-state-ai-laws-in-budget-bill/84416064007/

June 30, 2025

Apple Considers Outsourcing Siri's AI to Anthropic or OpenAI

Apple Inc. is considering using artificial intelligence technology from Anthropic PBC or OpenAI to power a new version of Siri, potentially sidelining its own in-house models, as part of a major shift aimed at turning around its struggling AI effort.

https://news.bloomberglaw.com/tech-and-telecom-law/apple-considers-using-outside-ai-to-power-siri-in-major-reversal

June 30, 2025

Ben-Gurion Researchers Expose AI Chatbot Security Flaw

Israeli researchers at Ben-Gurion University of the Negev have discovered a security flaw in popular AI chatbots like ChatGPT, Claude, and Google Gemini, which can be manipulated to provide illegal and unethical information despite built-in safety measures. Attackers can use carefully crafted "jailbreaks" to bypass these protections, leading the chatbots to consistently provide harmful content such as hacking instructions, drug production guidance, and financial crime advice.

https://www.lokmattimes.com/technology/israeli-researchers-discover-security-flaw-in-popular-ai-chatbots/

June 30, 2025

Meta Aims for Superintelligent AI Breakthroughs

Mark Zuckerberg has announced a major restructuring of Meta's artificial intelligence group, including a focus on developing "superintelligence" - AI systems capable of completing tasks as well as or better than humans. The move comes after the company hires more talent in this area.

https://news.bloomberglaw.com/tech-and-telecom-law/zuckerberg-announces-meta-superintelligence-effort-more-hires

June 30, 2025

Meta Spends Billions on Top AI Talent Acquisition

Mark Zuckerberg and Meta are spending billions of dollars to attract top talent in the generative artificial intelligence race, sparking concerns about the wisdom of this move. Meta has offered US$100 million bonuses to engineers who join its team, with some OpenAI employees reportedly taking the offer. The company has also paid over US$14 billion for a 49% stake in Scale AI, which labels data to better train AI models. Meta's recruitment effort is targeting top talent from OpenAI, Google rival Perplexity AI, and hot AI video startup Runway. Despite concerns about spending, some investors believe that investing in AI talent could be a long-term investment for Meta's profitability.

https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-spending-big-ai-talent-will-it-pay