Determined to rebound from the Llama 4 Behemoth delay, Meta Platforms is swinging for the fences in its artificial intelligence efforts, with CEO Mark Zuckerberg personally supervising creation of a new AI lab focused on superintelligence. Meta has reportedly reached a deal to pay up to $15 billion for a stake in a startup called Scale AI that would bring its 28-year-old co-founder and CEO Alexandr Wang in-house to lead the effort. Other leading Scale AI staff would also come aboard, and Meta is said to be recruiting researchers from OpenAI and Google by dangling “seven- to nine-figure compensation packages,” reports indicate. Continue reading Meta Said to Be Planning Major Push into AI Superintelligence

Japanese tech investment firm Softbank has agreed to acquire Silicon Valley chip startup Ampere for $6.5 billion, indicating that technology originating in smartphones will eventually become integral to global data centers and the future of artificial intelligence. The eight-year-old Ampere sells chips based on Arm technology, the processor type used in virtually all mobile phones. SoftBank purchased Arm in 2016 and has since been working to ensure the technology becomes used more broadly. Softbank says it will allow Ampere to retain its own name, operating it as a wholly-owned subsidiary. Continue reading Softbank Agrees to Acquire Chipmaker Ampere for $6.5 Billion

OpenAI co-founder and former chief scientist Ilya Sutskever, who exited the company in May after a power struggle with CEO Sam Altman, has raised $1 billion for his new venture, Safe Superintelligence (SSI). The cash infusion from major Silicon Valley venture capital firms including Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel and NFDG has resulted in a $5 billion valuation for the startup. As its name implies, SSI is focused on developing artificial intelligence that does not pose a threat to humanity, a goal that will be pursued “in a straight shot” with “one product,” Sutskever has stated. Continue reading Safe Superintelligence Raises $1 Billion to Develop Ethical AI