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The Latest Breaking News from ADEPT

Meta bets big on start-up Scale AI with €12 billion investment and hires its co-founder

Scale AI has helped major tech companies such as OpenAI, Google, and Microsoft prepare the data they use to train AI models.

Meta invests in AI firm Scale and recruits its CEO for 'superintelligence' team

Meta invests in AI firm Scale and recruits its CEO for 'superintelligence' team

Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant

The Independent UK

Big AI thins out the competition as startups quit the race to build large language models

Big AI thins out the competition as startups quit the race to build large language models

Character.AI said it’s abandoning its efforts to build LLMs because it’s gotten “insanely expensive” to compete with the big guys.

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Google’s hiring of Character.AI’s founders is the latest sign that part of the AI startup world is starting to implode

Google's acquihire deal with Character AI is the third for Big Tech in six months, after Microsoft's agreement with Inflection and Amazon's deal with Adept.

AI Startups Swap Independence For Big Tech's Deep Pockets

It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants.

International Business Times

Big AI's 'reverse acqui-hire' deals get more scrutiny in the U.K. and U.S.

Antitrust regulators want to know more about Microsoft's Inflection deal and Amazon's Adept arrangement.

Microsoft faces UK competition investigation over hiring of AI startup's founder and key staff

British regulators have opened a preliminary investigation into Microsoft’s hiring of an AI startup’s key staff over concerns that it could thwart competition in the booming artificial intelligence market

The Independent UK

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Senator calls out Big Tech's new approach to poaching talent, products from smaller AI startups

Senator calls out Big Tech's new approach to poaching talent, products from smaller AI startups

U.S. Sen. Ron Wyden is calling for action against a new practice big technology companies are using to swallow up the talent and products of innovative AI startups without formally acquiring them

The Independent UK

AI startup Adept is in deal talks with Microsoft

AI startup Adept is in deal talks with Microsoft

The two-year old AI startup, which has raised more than $400 million in funding, has received a term sheet from Microsoft, according to several sources.

Parmy Olson: Your future AI will have multiple personalities

Chatbots aren’t just useful for writing essays and emails. Those designed to show empathy and retain memories about their users are already acting as personal guides. A man who recently tried using a chatbot called Pi realized it could help him give up smoking if he went to it each…

Tribune News Service

13 top A.I. innovators shaping how the tech will impact our lives

13 top A.I. innovators shaping how the tech will impact our lives

Behind the booming market for A.I. is a motley cast of computer scientists, ethicists, and technologists whose work will determine the way the technology impacts society.

South West secures share of £30m government fund to improve roads

South West secures share of £30m government fund to improve roads

Several projects UK-wide have received funding from the Department for Transport, as part of a three-year programme developed by the Association of Directors of Environment, Economy, Planning and Transport (ADEPT)

Birmingham Post

One in 24 local road bridges cannot carry heaviest vehicles, councils say

One in 24 local road bridges cannot carry heaviest vehicles, councils say

Local authorities identified 3,090 bridges as being substandard at the end of 2022, the RAC Foundation said.

The Independent UK

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