AI Daily News: U.S. Companies Announce $90 Billion Investment in AI and Energy Infrastructure

U.S. Companies Announce $90 Billion Investment in AI and Energy Infrastructure

At the Energy and Innovation Summit at Carnegie Mellon University, major U.S. companies, including Google, Blackstone, Meta Platforms, and CoreWeave, announced substantial investments totaling approximately $90 billion in AI and energy infrastructure in Pennsylvania and surrounding areas. These initiatives aim to bolster the U.S. position in the global AI race. (reuters.com)

Google Partners with Virginia to Offer AI Training to Job Seekers

Governor Glenn Youngkin of Virginia announced a partnership with Google to provide free and low-cost AI certification courses to up to 10,000 Virginians. This initiative seeks to equip job seekers with essential AI skills amid economic shifts and increased unemployment in the state. (apnews.com)

Former OpenAI CTO Raises $2 Billion for New AI Startup

Mira Murati, former CTO of OpenAI, led her new AI startup, Thinking Machines Lab, to secure $2 billion in funding at a $12 billion valuation. The round attracted investments from Nvidia, AMD, Andreessen Horowitz, Accel, and Jane Street. The startup plans to unveil a product within months, focusing on multimodal AI that mimics natural human interaction. (ft.com)

Study Challenges AI's Role in Accelerating Software Development

A recent METR study involving 16 experienced developers using AI tools like Cursor and Copilot found that developers were 20% slower with AI assistance. The inefficiency was attributed to AI's inability to fully understand developer intent, leading to time-consuming corrections. The study advises caution in generalizing findings, noting potential benefits for novice coders and evolving efficiencies with future AI improvements. (time.com)

Boulder Startup Ridley Launches AI-Driven Home Selling Platform

Boulder-based startup Ridley, founded by Mike Chambers, introduced an AI-driven platform designed to transform the home-selling process by eliminating the need for traditional real estate agents. The platform guides users through the selling process, offering checklists, AI support, and optional human assistance, potentially saving homeowners thousands in real estate commissions. (axios.com)