AINewsWire Archives - Page 3 of 29

TuesdayMar 18, 2025 10:00 am

Experts Say Musk’s Plan to Run the American Government Using AI is a Bad Idea

Elon Musk is reportedly exploring the use of artificial intelligence to manage the United States government, a move that has sparked serious concerns among experts who warn of potential risks and unintended consequences. Through the newly established Department of Government Efficiency (DOGE), Musk has dismissed thousands of federal employees. Those still on the job reportedly must send a weekly email detailing five key tasks they completed. The volume of these emails is overwhelming, and Musk is said to be using AI to process them, analyze employee performance, and determine who keeps their job. Reports also suggest AI could replace many…

TuesdayMar 18, 2025 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Quantum Supremacy on a Real-World Problem

D-Wave has shown quantum computational supremacy on a useful, real-world problem, a first in the industry, highlighting the potential of quantum computing for materials discovery and complex simulations beyond classical computational limits. A peer-reviewed paper published in Science validates that D-Wave’s annealing quantum computer solved a magnetic materials simulation problem that is beyond the capabilities of classical supercomputers. The simulation, which took minutes to solve on D-Wave’s system, would require nearly one million years and more electricity than the world’s annual consumption on a GPU-based supercomputer. The Advantage2 annealing quantum computer prototype was used to achieve this milestone and is…

FridayMar 14, 2025 10:00 am

Meta Starts Testing its Maiden Internal AI Chip

Meta is trying out its first chip created for training AI models, marking a key step toward reducing its dependence on third-party chipmakers. According to sources, the social media behemoth has begun a limited rollout of the chip and may increase production if testing proves successful. Developing custom chips is part of the company’s broader strategy to reduce its infrastructure costs as it heavily invests in AI-powered tools. The company, which owns WhatsApp, Facebook, and Instagram, has projected its 2025 expenses to be approximately $119 billion, with up to $65 billion going toward AI infrastructure. Meta’s new chip is a…

FridayMar 14, 2025 9:00 am

Adageis to Launch Series A Funding Round, Seeking $10M in Growth Capital

Adageis is opening a Series A funding round, capital raise, aiming to raise $10 million for growth and expansion. The company previously closed a $2 million seed round in Q4 2024 to enhance operations and market reach. Adageis expects to exceed growth targets for Q1 2025, with strong market adoption of its AI-powered platform designed to streamline healthcare operations, optimize revenue, and improve patient care outcomes. The company has cut onboarding time from four weeks to one week, accelerating customer acquisition and revenue growth. Adageis, a healthcare technology company reshaping patient care through flexible AI-centric software solutions for healthcare organizations,…

ThursdayMar 13, 2025 10:00 am

China’s Emphasis on Innovation, Scale is Driving it to Become an AI Supermarket

AI has become a major focus at China’s annual “two sessions,” reflecting the country’s rapid transformation into a global AI hub. AI technology is now deeply integrated into various industries, shaping economic growth and innovation. A government report presented at the national legislature underscores China’s commitment to expanding AI applications. The AI Plus initiative aims to support large-scale AI model development and enhance intelligent manufacturing, including AI-powered new-energy cars, smart devices, and robotics. Lawmakers and advisors have highlighted AI’s growing role in different sectors, including generating film scripts, improving agricultural precision, and automating manufacturing. A prime example is in the…

TuesdayMar 11, 2025 10:00 am

Why Tech Investors Should Not Be Overly Concerned by the Recent AI Stocks’ Slump

Tech investors have long enjoyed strong market momentum, with major players in the sector driving significant gains. The Nasdaq saw double-digit growth for two consecutive years, with individual stocks delivering incredible returns. For instance, Nvidia Corp. (NASDAQ: NVDA), a leader in AI chip design, experienced a 1,600% surge in its stock value over the past five years, while AI-driven software company Palantir Technologies gained over 800% since its market debut in 2020. The driving force behind this growth has been the excitement surrounding AI, a transformative technology that, much like the internet and electricity, holds the potential to revolutionize industries.…

FridayMar 07, 2025 10:45 am

D-Wave Quantum Inc. (NYSE: QBTS), Staque Develop Hybrid Quantum Application to Optimize Autonomous Agriculture Vehicles

The companies expect the application to accelerate autonomy in agriculture, streamlining agricultural operations. The technology aims to enhance efficiency in large-scale farming by providing real-time optimization solutions. The initiative is part of a broader strategic partnership between D-Wave and Staque to accelerate commercial adoption of annealing quantum computing. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and the first supplier of production-grade quantum computers, and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, collaborated to develop a hybrid-quantum system designed to optimize the movements of autonomous agricultural vehicles at…

FridayMar 07, 2025 10:00 am

Adageis Secures $2M Seed Funding to Expand AI-Driven Healthcare Solutions

Adageis closed a $2 million seed round at the end of Q4 2024 to support operational expansion, with the funding to enhance backend operations for next-generation software upgrades. Upgraded Electronic Health Record EHR”) connectivity will facilitate integration with over 90 EHR systems, while increased sales force investment will help accelerate growth and market adoption. Adageis’ AI-powered platform is designed to streamline healthcare operations, optimize provider revenue, and improve patient care outcomes. Adageis, a forward-thinking healthcare technology company reshaping patient care through flexible AI-centric software solutions for healthcare organizations, has secured $2 million in seed financing to enhance its operations and…

FridayMar 07, 2025 10:00 am

China is Reportedly Using DeepSeek for Surveillance on the US

The U.S. is considering banning DeepSeek AI on government equipment, potentially making it the second nation to do so after Australia. U.S. Reps. Darin LaHood and Josh Gottheimer have put forward a bipartisan measure advocating for the ban. In a letter addressed to 47 state governors and Washington, D.C.’s mayor, the lawmakers expressed concerns that DeepSeek could endanger cybersecurity, the privacy of American citizens, and confidential government data. Although China has denied these claims, experts suggest that the concerns raised by U.S. officials are valid. Reports indicate that the Chinese government has used AI tools for extensive surveillance, including biometric…

ThursdayMar 06, 2025 10:00 am

Meta to Unveil Standalone AI Application This Year to Compete with OpenAI

Meta is set to launch an independent Meta AI app in the second quarter of 2025, positioning it as a stronger competitor to Google Gemini and OpenAI. The move aligns with CEO Mark Zuckerberg’s goal of turning Meta into a major player in AI by the end of 2025. Initially introduced in September 2023, Meta AI has been integrated into Messenger, Facebook, WhatsApp, and Instagram, replacing traditional search functions. The decision to develop a separate app marks a strategic expansion to increase user engagement and unlock potential revenue streams. Zuckerberg hinted at the possibility of a dedicated AI app in…

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