CNN Business: Elon Musk’s xAI firm valued at $24 billion as investors pledge more money
Big funding round for Elon Musk’s competitor in the Generative AI area.
TechCrunch: UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026
The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent.
CIO: 10 things to watch out for with open source gen AI
As with everything new, know the limitations of the tool(s).
StudyFinds: Quantum breakthrough proves scientists can build million-qubit computer chips
A potentially game changing breakthrough in quantum computing. A reliable and ultra-powerful quantum computer could finally be on the horizon.
Investment Executive: U.S. banks undertake blockchain experiment
U.S. banks are undertaking a blockchain experiment.
CIO Dive: IT services spend will reach $2 trillion by 2028: Forrester
The global IT services market is expected to balloon to $2 trillion by 2028, as enterprises pursue cloud modernization, according to a new Forrester report.
JD Supra: UK Regulator Updates its Approach to AI and Sets a 12-Month Plan
The UK’s Financial Conduct Authority (FCA) has recently published an update on its approach to artificial intelligence (AI).
CIO: AI is set to transform hiring requirements: Report
About 50% of technology leaders in a recent EY survey said they anticipate a combination of layoffs and hiring in the next six months as a direct result of AI adoption.
Quantum Computing Report: PsiQuantum Receives $940 Million AUD ($620M USD) to Install a 1 Million Qubit Machine in Australia by 2027
A very ambitious quantum computing program.
The Quantum Insider: Intel Chips Away At Fault-Tolerant Quantum Computing With Latest Advance
Intel Corporation advancing in quantum computing. Intel researchers report they developed a 300-millimeter (mm) cryogenic probing process to assess spin qubit devices across entire wafers.