AI Update: Spy vs. Spy in the Noosphere

Welcome to the newest edition of ID Tech’s AI update. Here’s the latest big news on the shifting landscape of AI and identity technology:

Researchers affiliated with the Chinese military have built an AI model on Meta’s open-source Llama platform that is meant for intelligence gathering and processing. At least two of the researchers work for the People’s Liberation Army’s Academy of Military Science. Across the Pacific, the White House recently issued a memo directing American intelligence agencies to ramp up spying on rivals’ AI efforts.

KKR and Energy Capital Partners plan to invest $50 billion in data center and power infrastructure to help support AI development. KKR is a major investment firm, while ECP is America’s largest private owner of power plants. Their investment strategy will focus on supporting cloud service hyperscalers.

Crusoe Energy is looking to raise as much as $500 million in a new funding round that would value the company at $3 billion. The startup specializes in neoclouds—GPU-focused cloud computing rental services offered primarily to AI developers. Peter Thiel’s Founders Fund is an early investor, and will lead the new funding round.

xAI is reportedly in talks with investors that would value the firm at $45 billion. Elon Musk’s AI startup was only founded a year and a half ago, but has quickly raised capital. The latest discussions are aimed at securing another $5 billion, with a number of returning investors said to be in the mix.

The European Union will invest €1.4 billion to support its tech sector next year, via its European Innovation Council. That’s an increase of almost €200 million year-over-year. AI will be a key focus area, even as EU members move to comply with the bloc’s AI Act regulatory measures for artificial intelligence development and use.

The European Commission has determined that US-based Nvidia must get antitrust clearance in order to proceed with its acquisition of Run:ai, an Israeli firm whose platform is designed to help organizations optimize their AI infrastructure. The deal is valued at about $700 million, and the Commission says it “threatens to significantly affect competition in the markets where NVIDIA and Run:ai are active”.

A team of entrepreneurs in Indiana have developed an app that uses AI, facial recognition, and ChatGPT to instantly look for information about people caught on a phone’s camera. One of the researchers told a local news outlet that it’s part of a larger trajectory toward a “hive mind” of shared knowledge among consumers. But he also acknowledged privacy issues and the need to locate a “moral boundary” for how the app is used.

The chatbot’s take: We got a bit philosophical about this “hive mind” idea.

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November 1, 2024 – by Alex Perala

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