Author: Advanced AI Editor

They met at 10 p.m. each weeknight, after class at Columbia University. Sometimes talking over Zoom until 2 AM, Anish Agarwal, Raaz Dwivedi, Ahmed Lone, and Raj Agrawal talked about what it might mean to walk away from their lives—for a startup. All academics in some form or fashion, the group swapped ideas at the intersection of their research: causal machine learning, reinforcement learning, and AI agents. For Agarwal, the decision wasn’t to be taken lightly. That semester, he’d just started a tenure-track faculty position at Columbia after earning his PhD from MIT—he had an academic career that was taking…

(Bloomberg) — MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a landmark industry debut for a Chinese AI startup valued at about $3 billion. Most Read from Bloomberg High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. MiniMax, one of the country’s so-called AI Dragons or Tigers, could aim to list as soon as this year, according to the people, who asked not to be identified because the information is confidential. The Shanghai-based company has hired financial advisers for the IPO,…

The Southeast Asia 500’s fastest growing company can thank the AI boom for its rapid rise. Generative AI has driven an investment surge into data centers, which provide the infrastructure for storing, processing and distributing data, key to running AI applications. Malaysia has garnered a significant share of this investment, attracting multi-billion deals from the likes of Google, Oracle and Microsoft over the past 18 months. And some of that hype has boosted the fortunes of some of Malaysia’s companies, including NationGate, an electronics manufacturing services provider. The company generated 5.27 billion Malaysian ringgit ($1.6 billion) in revenue last year,…

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. SoftBank Group Corp. will be the first Nvidia customer to build a supercomputer based on the chipmaker’s new Blackwell design, a move to meet growing demand in a country eager to catch up in artificial intelligence. Photographer: Akio Kon/Bloomberg via Getty Images | Image Credits:Akio Kon/Bloomberg / Getty Images No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over…

Global logistics provider C.H. Robinson has announced the launch of a pioneering AI agent designed to adapt to the upcoming changes in the National Motor Freight Classification (NMFC) system for less-than-truckload (LTL) freight. As the largest mover of LTL freight among third-party logistics (3PL) providers in North America, C.H. Robinson is positioning its proprietary technology to revolutionize how shippers classify their freight, marking a major leap in efficiency and accuracy in the logistics industry. Classifying LTL freight has long posed challenges for shippers due to the complex, manual processes involved. Traditionally, each shipment’s classification required a detailed analysis of four…

(Bloomberg) — SoftBank Group Corp. founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co. to realize what could be his biggest bet yet — a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence. Most Read from Bloomberg Son envisions a version of the vast manufacturing hub of China’s Shenzhen that would bring back high-tech manufacturing to the US, according to people familiar with the billionaire’s thinking. The park may comprise production lines for AI-powered industrial robots, they said, asking not to be named as the plan remains private. SoftBank officials are keen to…

Several weeks after Anthropic released research claiming that its Claude Opus 4 AI model resorted to blackmailing engineers who tried to turn the model off in controlled test scenarios, the company is out with new research suggesting the problem is more widespread among leading AI models. On Friday, Anthropic published new safety research testing 16 leading AI models from OpenAI, Google, xAI, DeepSeek, and Meta. In a simulated, controlled environment, Anthropic tested each AI model individually, giving them broad access to a fictional company’s emails and the agentic ability to send emails without human approval. While Anthropic says blackmail is…

The next wave of artificial intelligence is reimagining business, with fintech startups developing products to ease workflow and back-office processes and helping financial institutions manage compliance and security. As banks and fintechs are looking to agentic AI to solve pain points or automate their workflows, the latest crop of fintech startups in the Fintech Innovation Lab are working to build those tools. “Almost all of this year’s class, selected by our financial services partners, are using AI to improve internal operations, technology, deployment, data usage, compliance and security,” said Maria Gotsch, president of the Partnership Fund for New York City.…

Accenture CEO Julie Sweet said the firm is merging departments into a new unit called “reinvention services” focused on AI.BRENDAN MCDERMID/Reuters CEO Julie Sweet said Accenture is doubling down on AI in an earnings call on Friday. She said the firm is creating a new business division focused on AI called “reinvention services.” Sweet said that while bookings were down, revenue was up, and Accenture sees future potential in AI. After more than 35 years in the business, Accenture is giving consulting a new name: “reinvention services.” The global consulting firm reported its earnings on Friday, highlighting a generally positive…

Image Credits:Paul Pope/Archaia Paul Pope has written and drawn some of the most gorgeous comics of the twenty-first century — from “Batman: Year 100,” in which Batman challenges a dystopian surveillance state, to “Battling Boy,” with its adolescent god proving his mettle by fighting giant monsters. But it’s been more than a decade since Pope’s last major comics work, and in a Zoom interview with TechCrunch, he admitted that the intervening years have had their frustrations. At one point, he held up a large stack of drawings and said the public hasn’t seen any of it yet. “Making graphic novels…