Author: Advanced AI Bot

(Reuters) -Mattel has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday. The company, which also makes Hot Wheels and Uno cards, plans to “bring the magic of AI to age-appropriate play experiences with an emphasis on innovation, privacy, and safety,” it said. The move comes at a time when toy manufacturers are battling muted demand backdrop as consumers rein in spending to brace for the economic fallout of U.S. President Trump’s shifting trade policy. Mattel will also incorporate OpenAI’s advanced…

By Yantoultra Ngui SINGAPORE (Reuters) -Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest and expand artificial intelligence infrastructure, according to BlackRock’s investor day presentation slides on Thursday. The Singapore state investment company has joined AI Infrastructure Partnership, a group that also includes BlackRock’s Global Infrastructure Partners, the slides showed. AIP, formed in September with a goal to initially invest more than $30 billion in AI-related projects, is one of the world’s largest efforts to invest in data centres and energy facilities needed to power AI applications such as ChatGPT. It aims to…

By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI firms in Europe and the Middle East to refine those firms’ AI technologies and distribute them to local businesses. Nvidia said it will work with model makers in France, Germany, Italy, Poland, Spain and Sweden to help make AI models in local languages become what are called reasoning models, which are capable of carrying out more complicated tasks. AI technologies built in English and Chinese have started to shift to that technology, but that transition…

By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Glean said on Tuesday it was valued at $7.2 billion in its latest funding round – the third capital raise for the U.S. enterprise AI search startup in less than two years. The round marks a nearly 57% jump in valuation for Glean, underscoring strong investor appetite for startups leveraging AI use cases. In the previous funding in September, the company’s valuation had more than doubled in just over six months. Businesses and governments worldwide are rushing to adopt artificial intelligence, with applications ranging from enterprise productivity and drug discovery to infrastructure…

SAN FRANCISCO (Reuters) -OpenAI (OPAI.PVT) plans to add Alphabet’s (GOOG, GOOGL) Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors in the artificial intelligence sector. The deal, which has been under discussion for a few months, was finalized in May, one of the sources added. It underscores how massive computing demands to train and deploy AI models are reshaping the competitive dynamics in AI, and marks OpenAI’s latest move to diversify its compute sources beyond its major supporter Microsoft (MSFT), including its high-profile Stargate data center…

By Sam Tabahriti LONDON (Reuters) -Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia’s CEO said on Monday, as the UK partners with the U.S. chipmaker for a new AI testing environment. Jensen Huang’s comments came as the Financial Conduct Authority announced a new framework to allow financial firms to experiment with AI tools in a controlled environment from October, part of a government strategy to support innovation and economic growth. “The UK is the largest AI ecosystem in the world without its own infrastructure,” Huang told an audience at London…

By Faith Hung and Emily Chan TAIPEI (Reuters) -Taiwan’s exports surged to a record in May on booming demand for artificial intelligence and as customers placed orders ahead of U.S. tariffs which could take effect next month after a suspension period expires. Exports increased 38.6% from the same month a year ago – the fastest pace in almost 15 years – to $51.74 billion, a record high and the first time the value of exports has exceeded $50 billion, the finance ministry said on Monday. The expansion, the 19th consecutive monthly gain, was higher than the 25% expected by economists…

By Stephen Nellis CUPERTINO, California (Reuters) -Apple is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on Monday at the company’s annual software developer conference. On the technical side, many of the long-awaited artificial-intelligence features Apple promised at the same conference a year ago have been delayed until next year, even as its rivals such as Alphabet’s Google and Microsoft woo developers with a bevvy of new AI features. Those unfulfilled promises included key improvements to Siri, its digital assistant. On the regulatory front, courts in the…

By Harshita Mary Varghese and Max A. Cherney (Reuters) -Broadcom forecast third-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its networking and custom AI computing chips. However, the company’s shares fell 4% in extended trading, after gaining about 12% this year, as the forecast failed to impress investors who have bet heavily on chip stocks, anticipating substantial growth driven by advancements in generative AI technology. Broadcom forecast third-quarter revenue of around $15.80 billion, compared with analysts’ average estimate of $15.71 billion, according to data compiled by LSEG. “Clearly, expectations were high coming into the print…

By Olivia Le Poidevin GENEVA (Reuters) -Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centres, a United Nations report said on Thursday. The use of artificial intelligence by Amazon, Microsoft, Alphabet and Meta drove up their global indirect emissions because of the vast amounts of energy required to power data centres, the report by the International Telecommunication Union (ITU), the U.N. agency for digital technologies, said. Indirect emissions include those generated by purchased electricity, steam, heating and cooling consumed by…