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Elon Musk Raises Tesla Engineer Salaries to Counter OpenAI’s Aggressive Recruitment
Elon Musk has announced a significant increase in salaries for Tesla engineers in response to OpenAI's aggressive recruitment tactics. This strategic move aims to retain top talent and ensure the continued progress of Tesla's ambitious projects. Musk's decision...
Norm.AI Secures $27 Million for AI-Driven Regulatory Compliance Platform
Norm.AI has successfully raised $27 million to advance its AI-powered regulatory compliance platform. This funding round, led by New Enterprise Associates (NEA), saw participation from Sequoia Capital and Greylock Partners. The investment aims to enhance Norm.AI's...
US and UK Join Forces on AI Safety: A Landmark Agreement for Global AI Governance
The United States and United Kingdom have entered into a landmark agreement to jointly test and monitor advanced AI models for potential safety threats, signaling a new era of international collaboration in AI governance. This partnership, which takes effect...
AI Chip Startup Hailo Raises $120M in Latest Funding Surge
Israel-based AI chipmaker Hailo has raised $120 million in an extension of its Series C funding round. This latest investment follows a previous $136 million raise in 2021, bringing the company's total funding to over $340 million. The funding round was supported by...
Imperial College London Unveils Bezos Centre for Sustainable Protein: A $30M Initiative to Revolutionize Food Systems
The Bezos Centre for Sustainable Protein, a groundbreaking initiative at Imperial College London, has been launched with $30 million in funding from the Bezos Earth Fund. This new center aims to transform global food systems by developing innovative and sustainable...
DOJ Drops Allegations Against TikTok for Misleading U.S. Regulators
In a recent development, the Department of Justice (DOJ) has decided to drop allegations that TikTok, the popular social media platform, misled U.S. regulators regarding its data privacy practices. The decision marks a significant moment in the ongoing scrutiny of...