FROM OUR PARTNER
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💰 Elon Musk's xAI Holdings in talks to raise $20 billion
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- Elon Musk's artificial intelligence firm, xAI Holdings, is reportedly exploring a substantial $20 billion funding round that could boost its market valuation above $120 billion.
- This considerable capital infusion, potentially ranking as the second-largest startup investment ever, may help the related social media company X manage its significant annual debt expenses.
- Such a large financial raise underscores continued investor enthusiasm for AI technology and could involve backing from Musk's long-standing supporters who previously funded Tesla and SpaceX ventures.
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🤖 Microsoft launches Recall and AI-powered Windows search
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- After addressing privacy criticisms with enhanced security like manual opt-in and protected data storage, Microsoft has started deploying its controversial Recall screen-capture feature for Copilot+ AI PCs.
- Alongside this tool, the technology company introduces an improved Windows Search using natural language locally and Click to Do for quick AI operations like summarization within existing apps.
- The Recall function lets users search their past computer activity using screenshots stored locally, while the upgraded system exploration feature also leverages local AI processing to locate files.
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🏠 Intel bets on in-house AI chips to take on Nvidia
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- Intel is pivoting from acquiring other firms to developing its next-generation artificial intelligence hardware in-house, aiming to challenge market leader Nvidia more effectively.
- The technology company plans to concentrate on enhancing existing products for new AI uses, such as robotics and automated agents, recognizing this recovery process will require patience.
- Facing Nvidia presents a considerable hurdle, as the rival provides comprehensive AI data center packages and utilizes its own advanced technology for chip design and factory operations.
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⚔️ Perplexity’s CEO on fighting Google and the coming AI browser war
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- Perplexity's CEO stated the company is creating a browser because it is potentially the most effective method for developing sophisticated artificial intelligence agents for users.
- Current mobile operating systems like iOS and Android prevent applications from having deep system control, limiting their ability to access information from other installed programs.
- This restriction makes it impossible for an agent to compare real-time data, such as ride prices between Uber and Lyft or food delivery wait times across different platforms.
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⚖️ Google executive tells judge only Google can run Chrome
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- Chrome's General Manager argued in court that the browser's deep integration with Google's systems means only the tech giant can sustain its complex features and current functionality effectively.
- Following a monopoly ruling, the Justice Department is pushing for Google to divest the popular web navigator and also share collected user information with competitors in the market.
- While a divestiture might be technically possible, recreating the internet application's connection to Google's resources is complex, yet potential buyers like OpenAI have shown acquisition interest.
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🪦 Google is killing software support for early Nest Thermostats
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- Google is ending software support for the first two generations of its Nest Learning Thermostat, preventing remote control via phone or Assistant but allowing direct adjustments on the unit.
- The corporation confirmed no further smart heating devices are planned for Europe because of system variations, selling current models only while inventory is available for purchase.
- To ease customer frustration, the tech giant is offering significant discounts on newer thermostats in North America and promoting savings on a Tado device within European markets.
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