The U.K. government wants to make a hard pivot into boosting its economy and industry with AI, and as part of that, it’s pivoting an institution that it founded a little over a year ago for a very different purpose. Today the Department of Science, Industry and Technology announced that it would be renaming the […]

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Right after the end of the AI Action Summit in Paris, Anthropic’s co-founder and CEO Dario Amodei called the event a “missed opportunity.” He added that “greater focus and urgency is needed on several topics given the pace at which the technology is progressing” in the statement released on Tuesday. The AI company held a […]

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In a statement on Tuesday, Dario Amodei, the CEO of AI startup Anthropic, called the AI Action Summit in Paris this week a “missed opportunity,” and urged the AI industry — and government — to “move faster and with greater clarity.” “We were pleased to attend the AI Action Summit in Paris, and we appreciate […]

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The Artificial Intelligence Action Summit in Paris was supposed to culminate with a joint declaration on artificial intelligence signed by dozens of world leaders. While the statement isn’t as ambitious as the Bletchley and Seoul declarations, both the U.S. and the U.K. have refused to sign it. It proves once again that it is difficult […]

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At the AI Action Summit in Paris this week, the U.S. declined to sign the statement summarizing the resolutions. But it did make an appearance: Vice President J.D. Vance gave a speech to the audience of dignitaries, tech leaders and regulators. Amid a conference heavy on equitable AI development — specifically, beyond the outsized influence […]

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Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, but they’re remaining picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion last year, 62% more than the year before. At the same time, privately-backed companies (startups and […]

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The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of homegrown AI startups but said the region’s developers must have […]

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All eyes were on French President Emmanuel Macron Sunday at the end of the first day of the Artificial Intelligence Action Summit in Paris after he announced a €109 billion investment package (around $112 billion at current exchange rates) in the French AI ecosystem. He reiterated this financial commitment from private partners willing to build […]

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Hundreds of heads of states, tech CEOs, and nonprofits have flocked to Paris for the Artificial Intelligence Action Summit. So far, the winner of this week’s diplomatic and business parade seems to be Mistral. In business lingo, we would say that the French AI unicorn is experiencing tailwinds. Mistral has been one of the leading […]

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As the AI Summit got underway in Paris on Monday, some 60 European companies — from incumbent industrial giants to AI startups (including France’s large language model maker Mistral) — signed up to an initiative to help establish Europe as a leader in AI. But the fact that they felt the need to sign up at […]

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Make room for yet another partnership on AI. Current AI, a “public interest” initiative focused on fostering and steering development of artificial intelligence in societally beneficial directions, was announced at the French AI Action summit on Monday. It’s kicking off with an initial $400 million in pledges from backers and a plan to pull in […]

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Fei-Fei Li, the Stanford researcher who also founded World Labs, was invited to the Grand Palais in Paris on Monday to give the opening speech at the Artificial Intelligence Action Summit that is taking place this week. While she shared some of her talking points over the weekend, her stance on AI regulation and the […]

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Late Sunday local time, French president Emmanuel Macron announced a total of €109 billion in private investments in the AI ecosystem — or around $112 billion at current exchange rates. Paris is hosting the Artificial Intelligence Action Summit this week — the third international summit focused on AI after earlier events in Bletchley Park in […]

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In a new essay on his personal blog, OpenAI CEO Sam Altman said the company is open to a “compute budget,” among other “strange-sounding” ideas, to “enable everyone on Earth to use a lot of AI” and ensure the benefits of the technology are widely distributed. “The historical impact of technological progress suggests that most […]

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Canadian investment firm Brookfield plans to invest €20 billion by 2030 in artificial intelligence projects in France (around $20.7 billion at current exchange rates), according to a report from La Tribune Dimanche confirmed by news agency AFP. The majority of the sum will be used to build AI-focused data centers. This announcement is the latest […]

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Fei-Fei Li, the Stanford computer scientist and startup founder sometimes known as “the Godmother of AI,” has outlined “three fundamental principles for the future of AI policymaking” ahead of next week’s AI Action Summit in Paris. First, Li said policy must be based on “science, not science fiction.” In other words, policymakers should focus on […]

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France’s public investment bank announced that it plans to invest as much as €10 billion (around $10.3 billion at current exchange rates) in the artificial intelligence ecosystem in France. This announcement comes a few days before heads of state and global tech leaders gather for the Artificial Intelligence Action Summit in Paris. Bpifrance has been […]

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A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of several expected financial initiatives related to AI. France’s Emmanuel Macron and the United Arab Emirates’ Mohamed bin Zayed Al Nahyan have signed an agreement for a significant investment to build a massive data center dedicated […]

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