AI & Robotics

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall Street Journal reported Monday that the…

Amazon’s AI chatbot, Rufus, saw a surge of adoption on Black Friday, according to new data published over the weekend by market intelligence firm Sensor Tower. In the U.S., Amazon sessions that resulted in a purchase surged 100% on Black Friday compared with the trailing 30 days, while sessions that resulted in a purchase and didn’t include Rufus increased by only 20%. In addition…

For the first time, Washington is getting close to deciding how to regulate artificial intelligence. And the fight that’s brewing isn’t about the technology, it’s about who gets to do the regulating. In the absence of a meaningful federal AI standard that focuses on consumer safety, states have introduced dozens of bills to protect residents against AI-related harms, including…

While you’ve been sweating the details over Thanksgiving, famed investor Michael Burry – the one portrayed by Christian Bale played in “The Big Short” – has been waging an increasingly aggressive war against Nvidia. It’s a battle worth watching because Burry might actually win it. What makes this different from every other warning about an AI bubble is that…