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Intel Takes Major Step in Plan to Acquire Chip Startup SambaNova

WIRED

The two chip companies have signed a term sheet, according to sources with direct knowledge of the agreement. Intel has signed a term sheet to acquire the AI chip startup SambaNova Systems, two sources with direct knowledge of the agreement tell WIRED. The details of the term sheet are unknown. The agreement is non-binding, meaning the deal is not yet finalized and could be dissolved without penalty. It could take weeks or even months before regulatory approval, liability scrutiny, and financial due diligence are complete.


Researchers Are Already Leaving Meta's New Superintelligence Lab

WIRED

At least three artificial intelligence researchers have resigned from Meta's new superintelligence lab, just two months after CEO Mark Zuckerberg first announced the initiative. Two of the staffers have returned to OpenAI, where they both previously worked, after less than one-month stints at Meta, WIRED has confirmed. Ethan Knight worked at the ChatGPT maker earlier in his career but joined Meta from Elon Musk's xAI. A third researcher, Rishabh Agarwal, announced publicly on Monday he was leaving Meta's lab as well. He joined the tech giant in April to work on generative AI projects before switching to a role at Meta Superintelligence Labs (MSL), according to his LinkedIn profile.


Why do some traditional engineers not trust Data Science?

#artificialintelligence

I had this conversation some time ago with an Engineer who came from a traditional background. By that I mean, he had been in the same industry (heavy engineering) for 30 years. Of these, he had been in the same company for 25 years (and this was his second job). In his world, to understand the behaviour of a phenomenon, you needed to carry out a physical experiment to model that phenomenon and only then could you predict it. So, as someone who teaches AI / machine learning at #universityofoxford โ€“ it made me think that this approach has some advantages to introducing people to AI/ML.


Derek Jeter turns to Michael Dell to keep Marlins bid alive

FOX News

An investment firm affiliated with personal computer impresario Michael Dell is helping former New York Yankees all-star Derek Jeter fulfill his dream of owning a Major League Baseball team, FOX Business has learned. MSD Partners โ€“ named after the founder and chief executive of Dell Technologies--has agreed to extend $175 million in financing to Jeter in his attempt to purchase the Miami Marlins baseball team, according to two people with direct knowledge of the matter. The financing is in the form of preferred stock, which will allow MSD to earn as much as 10 percent dividend if Jeter's bid to buy the team is successful, these people add. Jeter heads one of a handful of bidding teams interested in purchasing the Miami Marlins; his bid of around $1.3 billion was said to be short of the necessary cash to purchase the team. But in recent weeks Jeter's investment banker, former Morgan Stanley executive Gregory Fleming, has been cobbling together commitments from various investors in an attempt to purchase the team, these people say.


Canada bets big on artificial intelligence with AI institute details expected this week - Article - BNN

#artificialintelligence

The federal government is poised to unveil a new artificial intelligence institute, marking a major coordinated effort intended to keep Canada at the forefront of AI research. An announcement regarding the institute, which will have strong ties to the University of Toronto, is expected as early this week, according to two sources with direct knowledge of the plan. Along with federal assistance, the institute will receive funding from Ontario's government as well as leading Canadian companies from a range of industries. All told, the total financial commitment is expected to top $100 million, according to two sources familiar with the announcement. Along with driving more research in the area of AI, the funds are expected to help Canada retain high-priced talent to ensure AI startups succeed.


Reloading a Human Memory: A New Ethical Question for Artificial Intelligence Technology

AI Magazine

One day a man, who had lost Using an ordinary text-editing algorithm and a variety of much of his long-term episodic memory, consulted the professor changeable key words, the man could call up stories on his to ask him if there was any way he could help him personal computer, read them aloud, and thus attempt to regain the lost memories. Being righthanded text-editing method is trivial, but this is not an article and left-hemisphere specialized for language, he about method; it is about ethics.) The hope was that was still able to speak, to read and write: and to understand not only would the man now have some memory to think what was said to him. Besides the usual difficulty about and talk about but, more importantly, this repeated in recalling proper names, his main problem involved large daily practice at his own pace, with no one looking over gaps in his memory for events that he participated in before his shoulder, might help open up new access paths to his the stroke, although he could remember events that own memory of these events, filling them in and modifying occurred after the stroke. He could not, however, remember the award out the plan.