Alibaba has unveiled Wan2.1-VACE, an open-source AI model designed to shake up how we create and edit videos. VACE isn’t appearing out of thin air; it’s part of Alibaba’s broader Wan2.1 family of video AI models. And they’re making a rather bold claim for it, stating it’s the “first open-source model in the industry to […]
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Saudi Arabia’s new state subsidiary, HUMAIN, is collaborating with NVIDIA to build AI infrastructure, nurture talent, and launch large-scale digital systems. The effort includes plans to set up AI “factories” powered by up to 500 megawatts of energy. The sites will be filled with NVIDIA GPUs, including the Grace Blackwell GB300 supercomputers connected via NVIDIA’s […]
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The Department of Commerce (DOC) has slammed the brakes on the sweeping “AI Diffusion Rule,” yanking it just a day before it was due to bite. Meanwhile, officials have laid down the gauntlet with stricter measures to control semiconductor exports. The AI Diffusion Rule, a piece of regulation cooked up under the Biden administration, was […]
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The US Food and Drugs Administration (FDA) has stated that it wants to accelerate the deployment of AI across its centres. FDA Commissioner Martin A. Makary has announced an aggressive timeline to scale use of AI by 30 June 2025 and is betting big on the technology to change drug approval processes for the US. […]
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Google’s recent announcement of an AI Futures Fund shows the company wants to invest in AI startups. It sees itself as providing capital, early access to AI models yet to reach production, and support for startups from experts at the company. This is not Google’s first rodeo. To date, Alphabet (Google’s parent company) has invested […]
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Apple continues its focus on hardware produced in-house, and is currently working on a new generation of chips for future hardware, according to Bloomberg. The processors are thought to be destined for use in smart glasses, AI-capable servers, and the next generations of Macs. One project involves a custom chip designed for smart glasses, which […]
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The Trump AI chip policy reversal announced this week signals a shift in how advanced computing technologies will flow in global markets, as the administration prepares to dismantle Biden’s complex three-tier regulatory framework. Set to take effect on May 15, 2025, the Biden administration’s Framework for Artificial Intelligence Diffusion would have created a stratified global […]
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Samsung Electronics’ strategic focus on AI has delivered high revenue in the first quarter of 2025, as the South Korean tech giant navigates semiconductor market challenges and growing global trade uncertainties. The company posted an all-time quarterly high revenue of KRW 79.14 trillion ($55.4 billion), marking a 10% increase year-over-year, according to its financial results […]
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ServiceNow has opened its Knowledge 2025 conference with a brand new AI platform. The ambition is clear: to give businesses a single, coherent way to get all their different AI tools and intelligent agents working together, right across the company. This isn’t just a fresh lick of paint; we’re talking deep-rooted new features and much […]
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The United Arab Emirates looks set to integrating AI education in its schools’ curricula, meaning all children from kindergarten to high school will learn about the technology, how it can be used day-to-day, and the best ways to implement the various types of models. There will also be classes covering the ethics of AI, something […]
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