Author: Advanced AI Bot
An oil pumpjack is seen in a field on April 08, 2025 in Nolan, Texas.Brandon Bell | Getty Images News | Getty ImagesJust as many mission-driven fund managers have reconsidered their defense policy in the wake of Russia’s full-scale invasion of Ukraine, an analyst at Goldman Sachs says it is now time for sustainable investors to re-evaluate their approach to oil and gas companies.It comes at a time when European energy majors have slashed renewable spending and doubled down on fossil fuels in an effort to boost near-term shareholder returns.Investments focused on environmental, social and governance (ESG) factors tend to…
C3.ai experienced a 5% price increase last week, potentially driven by its recent strategic alliance with PwC. This partnership aims to implement AI-powered business transformation across industries such as banking, financial services, and manufacturing. The focus includes tailored solutions like C3 AI Reliability and C3 AI Anti-Money Laundering. Amid broader market downturns, where the Dow Jones, S&P 500, and Nasdaq experienced declines of up to 1.5%, C3.ai’s gains appear noteworthy. While major indexes saw negative sentiment driven by economic concerns and high-profile events in the tech sector, the company’s strategic moves and industry-specific offerings possibly provided positive investor sentiment and…
The Trump administration has backed off from its plan to ban the export of Nvidia’s H20 AI chips to China. The move comes amid growing demand from Chinese tech firms and after Nvidia promised fresh investments in AI infrastructure in the US, according to media reports.read moreThe Trump administration has changed its decision to block the export of Nvidia’s H20 AI chips to China, NPR reported on Wednesday. The reversal came after Nvidia CEO Jensen Huang attended a dinner at Mar-a-Lago last week.According to NPR, the US had been planning the export restrictions for months. The H20 chip is the…
Robert Legato – the respected VFX innovator who won Oscars for “Titanic,” “Hugo” and “The Jungle Book” – has joined Stability AI at chief pipeline architect. In doing so, he reteams with James Cameron, an influential board member for the AI firm. Legato is credited with creating the virtual cinematography pipeline for Cameron’s “Avatar,” which went on to surpass the director’s “Titanic” as the highest grossing film of all time with $2.8 billion at the worldwide box office. Legato’s pioneering work has also included “Apollo 13,” “The Aviator,” and the virtual production of “The Lion King.” He’s also held roles…
If you are interested in building your very own local deep research AI assistant, you might be interested in Google’s Gemma 3 AI models. They represent a significant advancement in artificial intelligence, offering a compact yet robust solution tailored for local deployment. Derived from the larger Gemini series, these models combine high performance with a strong emphasis on privacy and accessibility. Featuring multimodal capabilities, support for 140 languages, and the ability to generate structured outputs, Gemma 3 is engineered to meet diverse AI research assistant and productivity demands. These models are open source and optimized for local use, allowing you…
In today’s industry news roundup: French AI specialist to identify new use cases and develop tailor-made models with shipping and logistics firm; Juniper Research expects telco AI investments to hit $22bn per year by 2029; African telco giant MTN is developing a streaming platform with Synamedia; and much more! Mistral AI, the Paris-based generative AI developer, has agreed a €100m multi-year contract with French shipping and logistics company CMA CGM to identify new AI use cases within the business and develop tailor-made models and agents. Sifted reports that as part of the five-year deal, Mistral AI will embed a dedicated…
As recently as 2022, just building a large language model (LLM) was a feat at the cutting edge of artificial-intelligence (AI) engineering. Three years on, experts are harder to impress. To really stand out in the crowded marketplace, an AI lab needs not just to build a high-quality model, but to build it cheaply. In December a Chinese firm, DeepSeek, earned itself headlines for cutting the dollar cost of training a frontier model down from $61.6m (the cost of Llama 3.1, an LLM produced by Meta, a technology company) to just $6m. In a preprint posted online in February, researchers…
Alibaba Group Holding (NYSE BABA) co-founder Jack Ma appeared at Alibaba Cloud’s campus in Hangzhou on Thursday to celebrate its 15th anniversary, SCMP reports. On Wednesday, Alibaba’s cloud unit showcased its Blossom project, which aims to accelerate AI adoption by providing its clients with infrastructure, AI models, data, and other services. The company upgraded global AI tools with Qwen-Max, a new reasoning model, and $1/year developer kits. Also Read: China’s DeepSeek Teams Up With Tsinghua University To Raise AI Bar, Boost Reasoning Capabilities Alibaba committed at least 380 billion yuan ($52 billion) in cloud computing and AI infrastructure over the…
On 26 March, Suzhou Pudu Co-Intelligence Technology Company, a joint venture between Xi’an Jiaotong-Liverpool University (XJTLU) and Baidu Group, was launched as China’s first AI-focused joint venture co-founded by Baidu and a university. SUZHOU, China, March 31, 2025 /PRNewswire/ — On 26 March, Suzhou Pudu Co-Intelligence Technology Company, a joint venture between Xi’an Jiaotong-Liverpool University (XJTLU) and Baidu Group, was launched as China’s first AI-focused joint venture co-founded by Baidu and a university. AI+education: Redefining learning Through AI-driven innovation, Pudu Co-Intelligence seeks to transform the whole education value chain, empower industrial evolution and cultivate localised service ecosystems. The company will…
Silver Lining: Nvidia has been significantly impacted by the tariffs introduced by Donald Trump on April 2. The company sources nearly all of its GPU products from TSMC and is likely to face price increases in the near future. However, according to market analysts, data center servers for AI workloads could partially avoid the new tariffs. The technology industry is still grappling with the aftermath of the new economic policy imposed by the US administration on its traditional partners and competitors. Meanwhile, analysts are trying to determine whether some of the most popular tech stocks could show resilience in the…