14th June 2024

Divya Varma

A Vienna-based privateness marketing campaign group filed complaints in 11 European nations in opposition to Meta, saying the worldwide tech large’s deliberate privateness coverage change would enable “illegal” use of private knowledge for synthetic intelligence know-how.

The complaints introduced by the European Middle for Digital Rights discovered that Meta— through its new privateness coverage — plans to make use of all public and personal consumer knowledge that it has collected since 2007 “for any undefined sort of present and future AI know-how”. The undefined AI know-how can ingest private knowledge from any supply and share any data with undefined “third events” — all with out getting the consumer’s opt-in consent required by regulation.

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Microsoft to take a position $3.2 bn in AI in Sweden

Microsoft has stated that it’s going to make investments 33.7 billion kronor ($3.2 billion) over two years in cloud and synthetic intelligence infrastructure in Sweden, its greatest funding within the nation. The group will practice 2,50,000 folks by 2027 to spice up AI information and competence
and in addition enhance capability at its three knowledge centres within the nation, it stated.

“Microsoft’s largest funding in our historical past in Sweden” would allow the Scandinavian nation “to construct world-leading AI knowledge centre infrastructure,” the corporate’s president and vice-chair Brad Smith stated at a press convention with Swedish Prime Minister Ulf

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Kristersson. In Sweden, Microsoft will present greater than 20,000 graphic processing items (GPUs), wanted for coaching AI fashions, and can increase capability at its knowledge centres in Sandviken, Gavle and Staffanstorp.
AMD unveils new AI chips to problem Nvidia
AMD has introduced its new synthetic intelligence chips for every little thing from cutting-edge knowledge centres to superior laptops, ramping up its problem to the runaway market chief Nvidia.

AMD has emerged as considered one of Nvidia’s most severe contenders and CEO Lisa Su stated the agency’s next-generation processors will rival the highest choices from rivals. “AI is our primary precedence, and we’re firstly of an extremely thrilling time for the business as AI transforms just about each enterprise, improves our high quality of life and reshapes each a part of the computing market,” Su stated throughout a keynote speech at Computex, Taiwan’s premier tech expo.

Cisco to take a position $1 bn in AI startups

Cisco Methods plans to take a position $1 billion in startups which are engaged on what it calls “safe and dependable” synthetic intelligence providers, a part of a push to be an even bigger participant in AI know-how. The maker of networking {hardware} and software program has already dedicated about $200
million of the cash and is making investments in Mistral AI, Scale AI and Cohere, the corporate stated at its Cisco Stay convention in Las Vegas.

Cisco is searching for methods to faucet into the frenzy of curiosity in AI computing. It’s already integrated the software program into some merchandise, together with its well-known Webex conferencing service, and has introduced a tie-up with Nvidia to promote merchandise based mostly on
that firm’s chips.

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