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SoftBank's 40% slide from peak shows worry over giant OpenAI bet

The Japan Times

SoftBank shares have plunged around 40% since late October as it sits at the forefront of a global AI selloff. Growing unease over frothy artificial intelligence valuations is weighing on shares of SoftBank Group, which traders increasingly view as a proxy for privately held OpenAI. The Japanese tech investor sits at the forefront of a global AI selloff amid worries about new pressure on OpenAI following Alphabet's Gemini 3.0 debut. SoftBank shares have plunged around 40% since late October, erasing over ¥16 trillion ($102 billion) in market value, as its founder Masayoshi Son prepares to double down on OpenAI and the infrastructure that supports it. SoftBank has ridden the global AI investment boom faster than any other Japanese company.


AI race must be led by 'western, liberal, democratic' countries, says UK minister

The Guardian

The artificial intelligence race must be led by "western, liberal, democratic" countries, said the UK technology secretary in a veiled warning over China's role in the contest, before a global AI summit in Paris. Peter Kyle spoke as political leaders and tech company bosses gather in France, and after the emergence of a new Chinese force in AI, DeepSeek, rattled US investors and upended assumptions about Silicon Valley's leadership in the technology. The tech minister told the Guardian he would use the summit to explain why Britain should be at the forefront of developing AI. As well as allowing global leaders and companies to "come together and learn from each other", the summit would give the UK a chance to show why it had the "skills and the scientific pedigree" that were "going to be essential if western, liberal, democratic countries are to remain at the forefront of this critical technology", he said. Kyle added that AI would have an impact on every part of the economy and society, including national security and defence.


Forging the digital future

MIT Technology Review

To that end, the college now encompasses multiple existing labs and centers, including the Computer Science and Artificial Intelligence Laboratory (CSAIL), and multiple academic units, including the Department of Electrical Engineering and Computer Science. At the same time, the college has embarked on a plan to hire 50 new faculty members, half of whom will have shared appointments in other departments across all five schools to create a true Institute-wide entity. Those faculty members--two-thirds of whom have already been hired--will conduct research at the boundaries of advanced computing and AI. "We want to do two things: ensure that MIT stays at the forefront of computer science, AI research, and education and infuse the forefront of computing into disciplines across MIT." The new faculty members have already begun helping the college respond to an undeniable reality facing many students: They've been overwhelmingly drawn to advanced computing tools, yet computer science classes are often too technical for nonmajors who want to apply those tools in other disciplines.


U.S. Government Needs to 'Get It Right' on Artificial Intelligence

TIME - Tech

Artificial intelligence has been a tricky subject in Washington. Most lawmakers agree that it poses significant dangers if left unregulated, yet there remains a lack of consensus on how to tackle these concerns. But speaking at a TIME100 Talks conversation on Friday ahead of the White House Correspondents Dinner, a panel of experts with backgrounds in government, national security, and social justice expressed optimism that the U.S. government will finally "get it right" so that society can reap the benefits of AI while safeguarding against potential dangers. "We can't afford to get this wrong--again," Shalanda Young, the director of the Office of Management and Budget in the Biden Administration, told TIME Senior White House Correspondent Brian Bennett. "The government was already behind the tech boom. Can you imagine if the government is a user of AI and we get that wrong?"


Why diversity and inclusion needs to be at the forefront of future AI

Robohub

Inês Hipólito is a highly accomplished researcher, recognized for her work in esteemed journals and contributions as a co-editor. She has received research awards including the prestigious Talent Grant from the University of Amsterdam in 2021. After her PhD, she held positions at the Berlin School of Mind and Brain and Humboldt-Universität zu Berlin. Currently, she is a permanent lecturer of the philosophy of AI at Macquarie University, focusing on cognitive development and the interplay between augmented cognition (AI) and the sociocultural environment. Neurourbanism as a Novel Approach in Global Health,' funded by the Berlin University Alliance.


Visualising Nvidia's rise to the $1 trillion market value club

Al Jazeera

Nvidia is joining the likes of Apple, Microsoft, Alphabet and Amazon with the company briefly reaching a $1 trillion market cap on Tuesday, making it one of only a handful of companies to do so. Shares of the chipmaker, based in California in the United States, have risen significantly and nearly tripled since the start of 2023, in part driven by a wave of artificial intelligence (AI) innovations in the past year. The animation below highlights Nvidia's market cap over the past 10 years. Nvidia was founded on April 5, 1993 and went public in 1999, with shares trading at $0.82. In 2016, Nvidia's market cap began its upward trajectory with the surge in high-end graphics cards sales driven by gaming, AI, virtual reality and the automotive sector.


Talking to animals? See what AI is making possible

FOX News

PsychoGenics CEO Emer Leahy of Paramus, New Jersey, explains how the first potential AI-discovered treatment for schizophrenia was developed through machine learning. Fox News Digital spoke with her. Imagine a world where "interspecies communication" isn't the stuff of sci-fi fantasies - instead, a reality where humans can chit-chat with their furry, feathery, and scaly friends. This is where AI swoops in like a superhero, with researchers using algorithms to decipher animal vocalizations, movements, and even facial expressions. The Earth Species Project, a non-profit organization dedicated to decoding animal communication, is at the forefront of this groundbreaking research.


Think first: why responsibility needs to be at the forefront when deploying AI - Raconteur

#artificialintelligence

The AI era is upon us, with what seems like new advances every week, pushing the technology to new heights. Between Google, OpenAI, Microsoft and a raft of other companies, new developments that can ease the way we live and work are accessible to people more than ever before. It's little wonder, then, that businesses are starting to consider how best to integrate AI into their processes to reap the benefits. But thinking before acting is vital in such a fast-moving space. The first-mover advantage that businesses seek out can quickly be negated by the regulatory risks of irresponsible use of AI. "Lots of companies talk about AI, but only a few of them can talk about responsible AI," says Vikash Khatri, senior vice-president for artificial intelligence at Afiniti, which provides AI that pairs customers and contact-centre agents based on how well they are likely to interact. "Yet, it's vital that responsibility be front of mind when considering any deployment of AI – the risks of not considering that are too great."


Mind the AI gap. UX keeps learning and working with AI…

#artificialintelligence

A Designer's role is to keep learning while we are working. We learn about our users, we work at closing skills gaps, we learn about designing software, we work on addressing change, we learn new AI tools, and so on. The only constant is there is always something new to learn, and we have to work because change is inevitable. If you are new to Design (UX/UI/Product/IxD), you need to watch this video with a quote by Ira Glass of This American Life. "Nobody tells this to people who are beginners, I wish someone told me. All of us who do creative work, we get into it because we have good taste.


Council Post: Manufacturing, Sustainability And Profitability: How AI Can Make Us Greener

#artificialintelligence

In the mid-1700, the first industrial revolution changed the face of our society by upgrading the way goods were produced. At the core of this were coal-fueled machines. Fast-forward three hundred years, the manufacturing sector represents a huge chunk of human-caused carbon emissions. Within the United States, it is estimated that one-third of carbon emissions are originating from the industrial sector. While we can't change the past, our focus is now shifting to ensure a cleaner future.