Topic: corporate investment
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Big Business Is Failing at Carbon Removal
Achieving net-zero by 2050 is essential to limit catastrophic warming, but current corporate efforts are falling short by prioritizing temporary solutions over lasting change. Many corporations rely on short-term carbon storage methods like tree-planting, which lack the permanence needed to genui...
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Krafton Shifts to AI-First Game Development
Krafton is adopting an "AI First" strategy, using agentic AI to automate tasks and restructuring its management and operations around this technology. The company is investing over 100 billion Korean won (about $70 million) in a GPU cluster to automate workflows, boost R&D, and enhance AI feature...
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iRobot Founder's Fear: Why He Keeps Distance From Walking Robots
Rodney Brooks, a prominent robotics expert, advises maintaining a three-meter distance from full-sized walking robots due to the significant safety risks from their immense kinetic energy during movement. He disputes the notion that humanoid robots will quickly master complex manual skills throug...
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Samsung, SK Hynix to Supply Chips for OpenAI's Stargate
Samsung and SK Hynix will supply advanced memory chips for OpenAI's Stargate project, ramping up production to meet a demand of up to 900,000 semiconductor wafers monthly. OpenAI is discussing the establishment of two new AI data centers in South Korea with the companies, and Samsung is exploring...
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Deloitte's AI Bet: Big Investment Despite Major Refund
Deloitte announced a major AI partnership with Anthropic to deploy Claude chatbot across its global workforce, focusing on compliance solutions for regulated sectors like finance and healthcare. The firm faced scrutiny and had to refund payment for a government report containing fabricated academ...
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The Man Who Created Artificial General Intelligence
The term "artificial general intelligence" (AGI) was first coined and defined by Mark Gubrud in 1997, who described it as AI systems rivaling human cognitive abilities in complexity, speed, and general knowledge application. Gubrud introduced AGI while discussing the risks of emerging technologie...
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Offgrid Raises $15M to Pioneer Lithium-Free Battery Storage
Offgrid Energy Labs raised $15 million in Series A funding to develop its zinc-bromine battery technology, offering a cost-effective and safer alternative to lithium-ion systems. The company's ZincGel batteries provide 80–90% of lithium-ion efficiency with a longer lifespan, reduced fire risk, an...
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