AI

What margins? AI’s business model is changing fast, says Cohere founder

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OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday. […]

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AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

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AMD, the chipmaker hot on the heels of Nvidia, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big AI businesses: it is acquiring ZT Systems, which provides compute design and infrastructure for AI, cloud and general purpose computing, for $4.9 billion. The deal is a mix of

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Google is bringing AI overviews to India, Brazil, Japan, UK, Indonesia and Mexico

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After bringing AI overviews to the U.S., Google is expanding the AI-powered search summaries to six more countries: India, Brazil, Japan, the U.K., Indonesia and Mexico. These markets will also get local language support for AI overviews. The search giant is rethinking how it displays source material links, as well. It’s adding a view on

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California AI bill SB 1047 aims to prevent AI disasters, but Silicon Valley warns it will cause one

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Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here. Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian

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Meet Black Forest Labs, the startup powering Elon Musk’s unhinged AI image generator

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Elon Musk’s Grok released a new AI image-generation feature on Tuesday night that, just like the AI chatbot, has very few safeguards. That means you can generate fake images of Donald Trump smoking marijuana on the Joe Rogan show, for example, and upload it straight to the X platform. But a new startup is the

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