1/ The Bank of China announced 1 trillion yuan ($140B) in investments for the AI supply chain on Tuesday, Jan 28, 2025 in response to Stargate.
INVESTMENT
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China’s Serious Commitment to AI Dominance: Three Key Evidence Points
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Three data points on how serious China is about winning in AI:
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Microsoft AI Research Hiring: Tech, Social Sciences, Economics Roles
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https://
aka.ms/MAI_1970324837
004763
… – focused on tech research https://
aka.ms/MAI_1970324837
004467
… – focused on social sciences (psych, sociology, etc) https://
aka.ms/MAI_1970324837
004761
… – research coordinator https://
aka.ms/MAI_1970324837
004468
… – focused on economics -
SAS Named Category Leader in Model Risk Management Solutions
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Eleven years, and counting . Chartis names SAS a category leader in its Model Risk Management Solutions, 2024 report! Among 19 vendors evaluated in the model governance solutions quadrant, just one was rated best-in-class for 5 separate criteria: SAS. http://
2.sas.com/6183xltBB -
Retail Banking Profitability and Growth in Digital AI Era
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The state of retail banking: Profitability and growth in the era of #Digital and #AI
by Amit Garg Marukel Nunez Maxwell @McKinsey Read more: https://
buff.ly/3Y8XsTw #ArtificialIntelligence #MI #MachineLearning #RetailTech #Fintech cc: @kuriharan @chr1sa @JimMarous -
Tesla’s AI dominance threatens traditional automakers like Renault
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Il est probable que Renault disparaisse Regardez les immenses serveurs d’Intelligence Artificielle de Tesla La valeur de @Tesla est de 1.400 milliards C’est 100 fois @renaultgroup Pourquoi ? Parce que Renault a raté le virage Tesla est une société high-tech leader sur
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Ellison’s Oracle Links Stargate Project and TikTok Acquisition Talks
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Context this urgent & important @nytimes scoop doesn’t note: Larry Ellison is CTO & cofounder of Oracle, which is involved w/ the $500 billion Stargate project Trump announced w/ OpenAI & SoftBank. Oracle also manages TikTok’s U.S. data & reportedly is in talks to buy the app.
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OpenAI raises $40 billion funding round at $340 billion valuation
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OpenAI is in early talks to raise up to $40 billion in a funding round led by SoftBank that would value the ChatGPT maker at $340 billion. https://
wsj.com/tech/ai/openai
-in-talks-for-huge-investment-round-valuing-it-up-to-340-billion-2a2d4327
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Stanford Awards $2.37M in AI Seed Research Grants
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Congratulations to all 32 @Stanford research teams that won the 2024 @StanfordHAI Seed Research Grants! Representing all seven Stanford schools, these scholars will receive a total of $2.37M to explore ambitious AI projects across an array of fields. https://
stanford.io/3WICBqa -
DeepSeek Shifts: China Advances, Open Models Commoditize AI
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The buzz over DeepSeek this week crystallized, for many people, a few important trends that have been happening in plain sight: (i) China is catching up to the U.S. in generative AI, with implications for the AI supply chain. (ii) Open weight models are commoditizing the