US to Boost Saudi Access to AI Chips Even as China Issues Linger
The Trump administration is preparing to announce a deal granting Saudi Arabia more access to advanced semiconductors, paving the way for increased data center capacity in the Gulf nation despite concerns from some US officials about its ties to China, according to people familiar with the matter. The agreement would boost Saudi Arabia’s ability to buy chips from the likes of Nvidia Corp. and Advanced Micro Devices Inc., which are considered the gold standard for training and running artificial intelligence models, said the people, who asked not to be identified...
GOP sneaks decade-long AI regulation ban into spending bill
On Sunday night, House Republicans added language to the Budget Reconciliation bill that would block all state and local governments from regulating AI for 10 years, 404 Media reports.
Saudi Arabia’s Humain startup partners with Nvidia on AI goals
U.S. chip giant Nvidia NVDA-Q and Saudi Arabia’s sovereign wealth fund-owned AI startup Humain announced a partnership on Tuesday as part of the kingdom’s plans to develop artificial intelligence and strengthen cloud computing infrastructure with the help of foreign investment. The announcement coincides with U.S. President Donald Trump’s Gulf tour, where he signed a strategic economic agreement with Saudi Arabia as the oil power rolled out the red carpet for him at the start of a tour of Gulf states aimed at drumming up trillions of dollars in investments. Saudi...
AI Boom Helps Score $12 Billion Deal for Little-Known LS Power
LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be sidelined by solar and wind.
Now, utilities see gas-fired plants as essential to meeting a surge of electricity demand from new data centers. And LS’s gamble on gas has produced a $12 billion payday.
Nvidia to Send Chips to Saudi’s Humain For AI Data Centers
Nvidia Corp. will send semiconductors to Saudi Arabian artificial intelligence company Humain for a 500 megawatt data center buildout.
Nvidia Chief Executive Officer Jensen Huang announced the partnership on stage at the Saudi-US Investment Forum in Riyadh. The announcement came alongside US President Donald Trump ’s visit to the country.
Law&Crime Recreates Scenes From Diddy Trial With AI and Official Transcripts
Law&Crime announced that it would provide coverage of Sean “Diddy” Combs’ sex trafficking trial by recreating the courtroom using artificial intelligence. Since cameras are prohibited during federal trials, there will be no real footage from within the courtroom as Combs faces felony charges for sex trafficking and transportation for prostitution.
AI agents that autonomously trade cryptocurrency aren’t ready for prime time
Imagine a world where AI-powered bots can buy or sell cryptocurrency, make investments, and execute software-defined contracts at the blink of an eye, depending on minute-to-minute currency prices, breaking news, or other market-moving events. Then imagine an adversary causing the bot to redirect payments to an account they control by doing nothing more than entering a few sentences into the bot’s prompt. That’s the scenario depicted in recently released research that developed a working exploit against ElizaOS, a fledgling open source framework.
Audible to Partner With Publishers to Create AI-Voiced Audiobooks
Amazon.com Inc. ’s Audible is working with US-based book publishers to convert print and e-books into artificial intelligence-voiced audiobooks, helping to expand its catalog particularly in non-English speaking markets.
“Every book deserves to be heard in audio,” Bob Carrigan, chief executive officer of Audible, said in an interview. Audiobooks are the fastest-growing format in publishing, according to Audible, but only 2% to 5% of existing print and e-books exist in audio form, he said. “Our goal is to close that gap.”
AI may cut the need for younger staff, some CEOs say: ‘With the commoditization of intelligence, it’s not about having the smartest people anymore’
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SoftBank Profit Jumps Helped by Boost From AI Resilience
SoftBank Group Corp. reported a quarterly profit on resilient AI demand that’s supporting startup valuations and chip unit sales, a boost to its aggressive data center investment plans.
The Tokyo-based company reported net income of ¥517.18 billion ($3.5 billion) in its fiscal fourth quarter, up from ¥231 billion the previous year.