AI
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Exclusive: Perceptic, a startup automating drug discovery end-to-end for Big Pharma, emerges from stealth with $12 million in seed funding
A trio of former Palantir executives who helped spearhead that company’s Life Sciences practice have founded a startup called Perceptic that is building an end-to-end AI platform for drug development, handling everything from drug discovery to clinical trial design. The company emerged from stealth today and announced a $12 million seed funding round. London-based venture…
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Exclusive: The next wave of AI drive-thrus is here—and a16z and Arc think it finally works
Mike MacLennan’s idea of market research as the CEO of a drive-thru AI company is loitering at Burger King. His company’s first dollar was actually given to him by a group of elderly women who believed he was panhandling at the fast food joint. His company, Arc, is a voice AI startup that takes orders…
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Pope Leo called AI an ‘instrument of domination, exclusion and death.’ Anthropic was in the room
Pope Leo XIV called Monday for robust regulation of artificial intelligence and for its developers to work for the common good rather than profit, issuing a sweeping manifesto on safeguarding humankind as the technology impacts everything from work to war. “Magnifica Humanitas” (Magnificent Humanity), Leo’s first encyclical, has been eagerly awaited ever since history’s first U.S.-born…
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BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
Bank of America has a message for anyone who has grown skeptical of the AI boom: you are thinking too small. In a report published Thursday, the bank’s research team made a typically sweeping claim for a Wall Street bank assessing the supposed artificial intelligence boom. It’s not like electricity or even the internet, the…
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AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
It was a process that had become routine for Maxim Topaz. The associate professor at Columbia University’s School of Nursing had grown accustomed to having artificial intelligence tools help polish scientific papers for grammar, formatting, and other details. But a few weeks after submitting his latest research, the academic journal he was due to publish…
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As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can’t be automated
The U.S. has a dire shortage of skilled tradespeople. A school in Huntsville, Ala., is attempting to replenish the talent pool—one teenager at a time. The Huntsville Center for Technology (HCT) is a new $40 million facility where 700 students leave their traditional high school for part of the day to receive industry-standard training. The…
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Tech billionaires convinced Trump to back off an AI executive order. But much of MAGA favors AI regulation
The tech bros struck back. That’s the best way to describe what happened yesterday when President Donald Trump suddenly decided to indefinitely postpone signing an Executive Order on AI, even as technology company executives he had invited to be present at the White House for the signing were traveling to Washington for the ceremony. “I…
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How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office
Robots could become as important to Grab’s future as its human drivers. On May 20, Grab announced that one of its robots, named Carri, will start deliveries in Singapore’s Punggol district, the city-state’s hub for testing robotic services. But Carri has already been plying the corridors of Grab’s Singapore headquarters, says chief technology officer Suthen…
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Barnes & Noble CEO clarifies the bookseller’s stance on AI-written books after refusing to ban them: ‘This is a straightforward rejection of AI books’
Barnes & Noble CEO James Daunt wants to set the record straight on his views on AI-generated books. In an interview with NBC News earlier this week, Daunt said he would not outright ban the sales of books written by AI. Daunt took the helm of the bookseller in 2019, helping to lead it through…
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The big questions looming over OpenAI’s trillion-dollar IPO
OpenAI’s hotly anticipated IPO may be coming sooner than expected. Hot on the heels of co-founder Elon Musk filing for a trillion-dollar SpaceX offering,the ChatGPT maker is preparing to file its own confidential IPO paperwork, according to a report from the Wall Street Journal.The filing could pave the way for a public listing as soon…