HadNews.com

Former Apple design lead Jony Ive and current Open AI CEO Sam Altman are sourcing funding for a new “artificial intelligence-powered personal device”. Sources speaking to The Information state that the duo are working together on the new device. Exact details are not yet known but it reportedly won’t look anything like a smartphone. Plans for this new venture have been underway since the fall of 2023 but now funding is being sought to bring it to reality. Already, the lofty circles that Ive and Altman come from within the tech world are gathering attention from some of the biggest names in technology investment. Ive and Altman seek bil...... Read Full article on HadNews

The AI startup Inflection closed a $1.3 billion funding round in 2023, but just a year later its main investor Microsoft has taken on some of its key employees. In a blog post published by Microsoft yesterday (Mar. 19) the CEO Satya Nadella shares a message to its employees: “I want to share an exciting and important organizational update today. We are in Year 2 of the AI platform shift and must ensure we have the capability and capacity to boldly innovate… “In that context, I’m very excited to announce that Mustafa Suleyman and Karén Simonyan are joining Microsoft to form a new organization called Microsoft AI, focused on advancing Co...... Read Full article on HadNews

SoftBank Group’s Masayoshi Son is making the next move in his far-reaching artificial intelligence (AI) strategy, fundraising $100 billion for a new chip venture. The Softbank founder has long since been clear about the company’s focus on AI, with SoftBank chief financial officer Yoshimitus Goto also telling the Wall Street Journal that the company was “getting ready to go on the offensive with the AI revolution on the horizon” last year. Now, a new AI chip venture appears to be the next link in the chain. Reportedly dubbed the codename of Izanagi, the new venture would see Softbank collaborate with Arm, the chip design company that So...... Read Full article on HadNews