Covering Scientific & Technical AI | Tuesday, March 11, 2025

Consumer Watchdog Report: Wall Street AI Could Cause Financial Crisis

The impact of AI has rippled through virtually every aspect of the business world, and the financial industry is no exception. Organizations in the financial sector are expected to ...Full Article

IBM Report Highlights Consumer Interest in AI-Driven Shopping

The retail industry is facing mounting pressure from the economic headwinds and evolving consumer expectations. To better understand the widening gap between shopper demands and the current retail offering, ...Full Article

Perplexity AI Raises $74M to Take Valuation to $520M

Google and a few others have been dominant in the search engine space for years, but with the recent advancement of GenAI technology, the competitive landscape is set to ...Full Article

Intel Launches Enterprise GenAI Company: Articul8

Intel and DigitalBridge, a global investment firm, launched an independent generative artificial intelligence (GenAI) company named Articul8. The platform offers enterprise customers a full-stack, vertically-optimized, secure GenAI platform. Customers ...Full Article

MIT Researchers Leverage AI to Identify Antibiotic That Can Kill Drug-Resistant Bacteria

As bacteria continue to evolve to withstand the effects of antibiotics, it has rendered bacterial infections more challenging to treat. The issue of “antibiotic resistance” has already become a ...Full Article

Anthropic in Talks with Menlo Ventures to Raise $750M

Another influx of cash might be on the horizon for Anthropic. The OpenAI competitor is hoping to raise $750 million in a new round of funding, according to Bloomberg ...Full Article

Inside AWS’s Plans to Cope with GenAI’s Insatiable Desire for Compute

Companies that toyed around with generative AI this year will be looking to play for keeps in 2024 with production GenAI apps that move the business needle. Considering there’s ...Full Article

Rules Approved for EU AI Act

The European Union’s AI Act took a big step toward becoming law today when policymakers successfully hammered out rules for the landmark regulation. The AI Act still requires votes ...Full Article

Google Launches Gemini, Its Largest and Most Capable AI Model

The pace of progress for AI innovation, especially generative AI (GenAI), is only accelerating as businesses are striving to find new ways to harness the power of this rapidly ...Full Article

The IBM-Meta AI Alliance Promotes Safe and Open AI Progress

IBM and Meta have co-launched a massive industry-academic-government alliance to shepherd AI development. The new group has united under the AI Alliance banner to promote responsible innovation in AI. ...Full Article
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