Campaigning through the swing state of Arizona on Wednesday, President Biden announced Intel is lined up for a $19.5 billion package under the CHIPS and Science Act. The Department of Commerce has reached a preliminary agreement to provide up to $8.5 billion in grants and $11 billion in loans under the 2022 tech stimulus plan. Intel has committed $100 billion of its own. The CHIPS Act “will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years,” Biden said, addressing a crowd at Intel’s Chandler, Arizona plant, which will be modernized using the funds. Continue reading Intel Awarded CHIPS Act Funding to Boost Production in U.S.

Since Epic Games debuted the Unreal Editor for Fortnite (UEFN) and Creator Economy 2.0 tools in March 2023, the company says creators have published more than 80,000 UENF islands, and Epic has rewarded creators with more than $320 million in engagement payouts. Now Epic is adding more core features to UEFN: MetaHuman Creator and MetaHuman Animator, which enable the creation and animation of non-playable MetaHuman characters. Epic’s UEFN 2024 roadmap, presented at this week’s Game Developers Conference in San Francisco, includes more camera options for the player-made game platform, including a first-person perspective. Continue reading MetaHuman and Animator Now Available to Fortnite Creators

The House of Representatives passed a bill that bars data brokers from selling the sensitive personal information of U.S. citizens to foreign adversaries, identified in the federal code as China, Cuba, Iran, North Korea, Russia and Venezuela. The Protecting Americans’ Data from Foreign Adversaries Act of 2024 passed unanimously on Wednesday, 414-0. The bill prohibits organizations that profit from selling personal consumer information from making it accessible to foreign adversary countries or entities controlled by them, authorizing the Federal Trade Commission to impose civil fines of more than $50,000 per violation. Continue reading Bill Barring Brokers from Selling Personal Data Passes House

Deepgram’s new Aura software turns text into generative audio with a “human-like voice.” The 9-year-old voice recognition company has raised nearly $86 million to date on the strength of its Voice AI platform. Aura is an extremely low-latency text-to-speech voice AI that can be used for voice AI agents, the company says. Paired with Deepgram’s Nova-2 speech-to-text API, developers can use it to “easily (and quickly) exchange real-time information between humans and LLMs to build responsive, high-throughput AI agents and conversational AI applications,” according to Deepgram. Continue reading Deepgram’s Speech Portfolio Now Includes Human-Like Aura

Meta Platforms is showing off fediverse integration for Threads, the Instagram spinoff launched last summer to take on Twitter, now X. At this week’s FediForum virtual conference, Meta Platforms software engineer Peter Cottle demonstrated how users will be able to connect accounts to use the fediverse, simultaneously reaching multiple audiences. Currently, “a limited number of Threads profiles can share their posts to other fediverse platforms,” according to Instagram. In an alpha test, interactions, such as likes and replies, from other fediverse platforms “won’t be viewable on Threads.” Continue reading FediForum: Meta Demonstrates Threads Fediverse Integration

In news rocking the publishing world, two of the largest newspaper chains in the U.S. have drastically downsized their contracts with the Associated Press, eliminating AP journalism from their combined 230 news outlets, including Gannett’s USA Today and McClatchy’s The Miami Herald. Though neither chain disclosed how much the move will save, the AP assesses “it is likely to be in the millions of dollars” for each. Gannett announced it has chosen another newswire partner, Reuters, and says it will continue to subscribe to the AP Stylebook and election results data. AP says its Gannett contract runs through the end of 2024. Continue reading Gannett, McClatchy Cancel Associated Press News Contracts

Nvidia unveiled what it is calling the world’s most powerful AI processing system, the Blackwell GPU, purpose built to power real-time generative AI on trillion-parameter large language models at what the company says will be up to 25x less cost and energy consumption than its predecessors. Blackwell’s capabilities will usher in what the company promises will be a new era in generative AI computing. News from Nvidia’s GTC 2024 developer conference included the NIM software platform, purpose built to streamline the setup of custom and pre-trained AI models in a production environment, and the DGX SuperPOD server, powered by Blackwell. Continue reading GTC: Nvidia Unveils Blackwell GPU for Trillion-Parameter LLMs

YouTube has added new rules requiring those uploading realistic-looking videos that are “made with altered or synthetic media, including generative AI” to label them using a new tool in Creator Studio. The new labeling “is meant to strengthen transparency with viewers and build trust between creators and their audience,” YouTube says, listing examples of content that require disclosure as “likeness of a realistic person” including voice as well as image, “altering footage of real events or places” and “generating realistic scenes” of fictional major events, “like a tornado moving toward a real town.” Continue reading YouTube Adds GenAI Labeling Requirement for Realistic Video

The summer Olympics are coming to a theater near you, courtesy of NBCUniversal and AMC Theatres. NBC will extend daily live coverage of the 2024 Paris Olympics events to 160 AMC locations nationwide, from July 27-August 11. Tickets will be available for purchase through AMC and Fandango this summer. Excluding opening and closing ceremonies, select daytime hours of the NBC network’s coverage will be telecast live to the big screens as they unfold in Paris. A 2024 Paris Olympics promotional trailer will begin running in AMC Theatres beginning March 29. Continue reading NBC Teams with AMC to Bring Live Olympics to the Big Screen

Authentic Brands Group, which owns the rights to Sports Illustrated, has selected the London-based Minute Media to continue publishing the storied magazine in print and digital editions in a deal that runs for 10 years, with an option to extend for up to 20 more years. The Minute partnership will “usher in the future of the SI brand,” announced Authentic, whose portfolio includes fashion and sports, as well as IP rights to celebrities like Marilyn Monroe, who it is leveraging into a chatbot. Minute owns sports and culture resources including athlete-driven The Players’ Tribune, the FanSided network of websites and newsletters, and sports highlights platform STN Video. Continue reading Minute Media Secures a 10-Year Future for Sports Illustrated

Apple researchers have gone public with new multimodal methods for training large language models using both text and images. The results are said to enable AI systems that are more powerful and flexible, which could have significant ramifications for future Apple products. These new models, which Apple calls MM1, support up to 30 billion parameters. The researchers identify multimodal large language models (MLLMs) as “the next frontier in foundation models,” which exceed the performance of LLMs and “excel at tasks like image captioning, visual question answering and natural language inference.” Continue reading Apple Unveils Progress in Multimodal Large Language Models

Elon Musk’s xAI has released its Grok chatbot and open-sourced part of the underlying Grok-1 model architecture for any developer or entrepreneur to use for purposes including commercial applications. Musk unveiled Grok in November and announced that it would be publicly released this month. The chatbot itself is available to X social premium members, who can ask the cheeky AI questions and get answers with a snarky attitude inspired by “The Hitchhiker’s Guide to the Galaxy” sci-fi novel. The training for Grok’s foundation LLM is said to include X social posts. Continue reading Grok-1 Architecture Open-Sourced for General Release by xAI

The Federal Communications Commission has updated its definition of what constitutes high-speed broadband, increasing it fourfold to download speeds of 100 megabits per second and upload speeds of 20 megabits per second from the 2015 benchmarks of 25/3 Mbps. The change is based on speeds available from Internet service providers, consumer usage patterns and federal and state programs, the FCC says. In a report assessing whether advanced telecommunications capability is being deployed “in a reasonable and timely fashion” across the U.S., the FCC concludes it is not, and that gaps in deployment are not closing rapidly enough. Continue reading FCC Announces Updated Benchmark for Broadband Speeds

Ethereum, the second most popular cryptocurrency after Bitcoin, has completed a software upgrade that aims to make its network cheaper. Called Dencun, the update lowers the cost of so-called layer-2 networks — which include chains like Base, Polygon and Arbitrum — to about a cent for transactions that previously cost $1, while exchanges that used to cost a few cents are reduced to fractions of a cent. Accomplished through a new system of storing data, the upgrade is being welcomed as a harbinger of a development renaissance brimming with new applications and free services. Continue reading Ethereum Software Upgrade Could Reduce Transaction Fees

Robotics firm Figure AI is getting a lot of attention for its humanoid robot, Figure 01, which the company unveiled along with news that it has raised $675 million, for a $2.6 billion valuation, from investors including OpenAI, Nvidia, Microsoft and Amazon founder Jeff Bezos. Pronounced “Figure One,” the general purpose robot looks and moves like a human, and can perform mundane tasks like serving food as well as undesirable jobs like picking up trash. It “sees” using “onboard cameras that feed into a large vision-language model (VLM) trained by OpenAI,” according to Figure co-founder and CEO Brett Adcock. Continue reading Figure Unveils Humanoid Robot, Draws Notable Investments