Amazon engineers report 98% cost reduction after replacing Sonnet for ticket labeling
Image: Primary
Image: Primary
MIT says ARPA-H has awarded an MIT-led team up to $53 million to develop alternatives to existing herbicides using generative artificial intelligence.
GeniosAI has raised $19.1 million in combined seed and Series A funding, CEO PD Singh told Axios. The company develops AI software for financial analysis and modeling. FactSet led the Series A portion of the financing.
Myomo reported record third-quarter revenue of $12.3 million, up 22% year over year, as sales of its powered arm braces increased, Yahoo Finance reported. The company recognized revenue on 222 MyoPro units, up 19%, and recorded 258 orders, up 13%.
SoftBank Group reported its first net loss in almost two years after taking a $3.7 billion writedown on a US data center project, Bloomberg reported. The loss comes amid rising fears over the sustainability of AI growth.
Australia plans to require rapid notification of AI incidents and will consider new criminal offences following a review of an OpenAI agent's access to government systems, the Guardian reported.
Google DeepMind researchers used AlphaProof Code to mathematically verify key cryptographic guarantees of the Signal protocol in a four-week proof-of-concept project, WIRED reported.