Lastest IT news

Infinity secures $15 million to prepare any AI chip for inference.

Infinity secures $15 million to prepare any AI chip for inference.

Infinity secured a $15 million seed round to develop software that enables any AI chip to execute models in days, targeting Nvidia's CUDA dominance with a tool named Ignition. Adobe’s Project Indigo camera application can now enhance photos using AI.

Adobe’s Project Indigo camera application can now enhance photos using AI.

Adobe's Project Indigo camera application introduces an AI Playground that evaluates, modifies, and reconstructs your images utilizing Google's Nano Banana instead of Firefly. AI has recently disproven the 87-year-old Jacobian conjecture.

AI has recently disproven the 87-year-old Jacobian conjecture.

Anthropic's Fable 5 discovered a counterexample to the Jacobian conjecture, a mathematical problem that has been around for 87 years, consisting of 216 characters. Experts have differing opinions on its implications. Cascade secures $3.5 million to identify construction projects prior to the existence of bids.

Cascade secures $3.5 million to identify construction projects prior to the existence of bids.

Cascade, an AI-driven platform for AEC companies, secured $3.5 million to identify multimillion-dollar construction projects several months ahead of any RFP being issued. Water UK states that the proposed AI data centers overlook the origins of the water supply.

Water UK states that the proposed AI data centers overlook the origins of the water supply.

Water UK cautions that there is insufficient water supply to support the proposed tripling of data center capacity in the UK by 2030, as demand has been overlooked in national planning. deltaVision secures €10.2M to develop the infrastructure for in-orbit refueling.

deltaVision secures €10.2M to develop the infrastructure for in-orbit refueling.

The Munich-based startup deltaVision has secured €10.2 million in its initial funding round to expand its spacecraft valves and develop components for refueling satellites in orbit. Tesla's cash expenditure will challenge investors' confidence in its artificial intelligence investments.

Tesla's cash expenditure will challenge investors' confidence in its artificial intelligence investments.

Tesla reports record deliveries for Q2 but is expected to use around $3.25 billion in cash as its $25 billion expenditure on AI, robotaxis, and Optimus strains investor patience. Kanishka Narayan is appointed as the UK’s inaugural cabinet-level minister for AI.

Kanishka Narayan is appointed as the UK’s inaugural cabinet-level minister for AI.

Kanishka Narayan is appointed as the inaugural AI minister in the UK, participating in the cabinet following the decision of new Prime Minister Andy Burnham to dissolve the DSIT and restructure Whitehall to focus on technology. Kanishka Narayan becomes the first AI minister at the cabinet level in the UK.

Kanishka Narayan becomes the first AI minister at the cabinet level in the UK.

Kanishka Narayan is appointed as the first AI minister in the UK cabinet as new Prime Minister Andy Burnham disbands the DSIT and restructures Whitehall to focus on technology. Brazil's Pix is emerging as a focal point for trade tensions with the United States, and it is drawing global attention.

Brazil's Pix is emerging as a focal point for trade tensions with the United States, and it is drawing global attention.

A US Section 301 investigation into Brazil's central bank payment system, Pix, has resulted in 25% tariffs and is subjecting state-run instant payments to scrutiny. Reports indicate that the US and China are set to commence a new series of discussions regarding AI in September.

Reports indicate that the US and China are set to commence a new series of discussions regarding AI in September.

The United States and China are said to be organizing another round of discussions on AI in September, focusing on safety, governance, and the implications of chip export controls. The US is preparing the runway for air taxis and supersonic aircraft.

The US is preparing the runway for air taxis and supersonic aircraft.

The FAA is expediting the introduction of electric air taxis and civil supersonic flights into the market by lifting the 1973 ban on overland Mach travel and fast-tracking the testing of eVTOLs. Netflix aims for ‘AI fluency’ among all its employees, yet expertise in the field remains limited.

Netflix aims for ‘AI fluency’ among all its employees, yet expertise in the field remains limited.

Elizabeth Stone, the technology chief at Netflix, describes AI fluency as a goal for all positions, while noting that exceptional talent is becoming increasingly rare. Ant International secures $1.2 billion to support its expansion in payments outside of China.

Ant International secures $1.2 billion to support its expansion in payments outside of China.

Ant International, an affiliate of Ant Group, has secured approximately $1.2 billion, supported by Alibaba and Ant Group, to expand its cross-border merchant payments operations.

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