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US Regulators to Open Antitrust Inquiries of Microsoft, Nvidia, OpenAI

The Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI, and Nvidia play in the artificial intelligence industry, The New York Times reported Wednesday, citing people familiar with the matter. Under the deal, the Department of Justice will […]

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Airlines Eye ‘New Frontier’ of AI Ahead of Global Summit

Airlines might not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionizing the way they do business. “Data and AI are fantastic levers for the aviation sector,” said Julie Pozzi, the head of data science and AI at Air France-KLM, ahead of the 80th meeting […]

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Musk’s XAI Valued at $24 Billion After Fresh Funding

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying AI race. The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital, the company said in a blog post Sunday. […]

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Pentagon: Russia Put Weapon Into Space on May 16

Russia last week launched a satellite that U.S. intelligence officials believe to be a weapon capable of inspecting and attacking other satellites, the U.S. Space Command said on Tuesday as the Russian spacecraft trails a U.S. spy satellite in orbit. Russia’s Soyuz rocket blasted off from its Plesetsk launch site some 500 miles┬ánorth of Moscow […]

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China Calls Hacking Allegations by US, UK ‘Political Maneuvering’

China on Tuesday urged the U.S. and Britain to stop politicizing the issue of cybersecurity, slandering and smearing China and imposing unilateral sanctions on the country. “It is pure political maneuvering for the United States and the United Kingdom to rehash the so-called cyberattacks carried out by China and to sanction Chinese individuals and entities,” […]

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