Monthly Archives: February 2025

DeepSeek has rattled large AI players — but smaller chip firms see it as a force multiplier

While the sector leaders grapple with the DeepSeek fallout, smaller AI companies see an opportunity to scale with the Chinese startup.

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Elon Musk’s DOGE Is Working on a Custom Chatbot Called GSAi

The chatbot is part of Elon Musk and President Donald Trump’s ambitions to use AI and other technologies to cut costs and modernize the US government.

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Concern UK’s AI ambitions could lead to water shortages

Data centres can use vast quantities of water to cool them – but it’s not clear where it will come from.

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Carried interest repeal could stifle investments in startups, NVCA says

On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest.  The tax break allows private equity and venture fund managers to treat their earnings from investments at a lower capital gains rate, rather than as ordinary … Continue reading

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Alphabet’s Verily to sell Granular insurance business to Elevance Health

Alphabet’s Verily is selling its subsidiary, Granular Insurance Company, to Elevance Health.

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Amazon hit by strengthening dollar, underscoring risks in tech to overseas reliance

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is particularly exposed to currency swings.

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Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.

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Report: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman

OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune … Continue reading

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Orgs demand action to mitigate AI’s environmental harm

A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the tech’s harmful environmental impacts just days before leading industry CEOs, heads of state, academics, and nonprofits descend on … Continue reading

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‘Dangerous proposition’: Top scientists warn of out-of-control AI

Yoshua Bengio and Max Tegmark, two of the world’s most prominent AI scientists, warned of the dangers of uncontrollable artificial intelligence.

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