Day: January 29, 2024
Amazon’s Proposed Purchase of Roomba Maker Derailed by Regulatory Concerns
Amazon dropped bid to buy robot company iRobot due to regulatory concerns. The deal was scrapped after the European Union and the Federal Trade Commission warned against it. Amazon stated that regulatory hurdles caused them to abandon the deal. iRobot will receive a $94 million termination fee. The termination of the deal has led to […]
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The Top Job in Corporate America: Leading A.I. Initiatives
The Mayo Clinic in Arizona recently appointed a chief artificial intelligence officer, who is tasked with leading the hospital’s efforts in leveraging A.I. technology. The hospital system, which includes facilities in Phoenix and Scottsdale, recognized the increasing importance of A.I. and decided to create the new role. Dr. Bhavik Patel, a radiologist with expertise in […]
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The Competition Heats Up as Big Tech Companies Challenge Nvidia with Their Own A.I. Chips
In September, Amazon said it would invest up to $4 billion in Anthropic, a San Francisco start-up specializing in artificial intelligence. Amazon aims to build its A.I. using specialized computer chips designed by the start-up, in order to create a viable competitor to chipmaker Nvidia. The big tech companies depend on Nvidia to build chatbots […]
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