Alibaba shares soar on AI spending boost
The Chinese tech giant joins other global firms in pledging eye-watering sums toward AI development.
The Chinese tech giant joins other global firms in pledging eye-watering sums toward AI development.
Data consumption will quintuple over the next five years, the CEO of Helios Towers, one of Africa’s largest telecoms infrastructure companies, told Semafor.
Josh Parker told Semafor’s The Next 3 Billion summit that renewable energy will be critical to powering AI in the long term.
Actor Idris Elba spoke at Semafor's Next 3 Billion summit about his development charity and his thoughts on AI in entertainment.
The letter, signed at the start of the UN General Assembly, is the latest in a yearslong series of appeals for safety from some of technology’s best minds.
Presight, the AI and big data firm backed by G42, and Shorooq’s new fund plans to offer not just capital but also access to computing power.
Some experts warn of potentially deadly risks from AI and have called for safeguards.
The sums are gargantuan, but not all investment dollars are the same. Google, Oracle, and Microsoft are spending profits, rather than borrowed money, which may make this hype cycle more sustainable.
The system could have blacked out cell service in New York City, investigators said.