Nebuly raises $21m to expand AI return measurement business
Turin-based Nebuly has raised $21m in a Series A round led by Planven to expand its business measuring financial returns from enterprise AI.
MIT technique improves climate AI predictions with less training data
MIT researchers developed a training method that helped AI climate models predict unfamiliar emissions scenarios using less data, MIT News reported.
Adobe and Disney enter multi-year partnership for custom AI
Adobe and Disney have entered a multi-year partnership to develop custom AI models and tools for Disney's theme parks, studio and sports media businesses, Bloomberg reported.
TSMC board approves investment plans for OpenAI and Anthropic
TSMC's board approved plans to invest up to $500 million in OpenAI preferred stock and another $500 million in Anthropic common shares at its expected IPO price, Ars Technica reports, citing Reuters.
Nvidia board reportedly prepares to remove Jensen Huang
Nvidia's board is preparing to oust Jensen Huang and could meet as soon as Wednesday to determine his future, The Wall Street Journal reported, citing people familiar with the matter. The reported plan puts the chief executive's continued leadership before the board.
Nvidia board reportedly engages outside firm to identify potential CEOs
Nvidia's board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang, Bloomberg reported, citing a person familiar with the situation.