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Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans

In a Bloomberg interview Wednesday night in downtown San Francisco, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next...

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North America takes the bulk of AI VC investments, despite tough political environment

Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s...

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One of Africa’s most successful founders is back with a new AI startup and already raised $9M

In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to Swedish procurement software firm Medius in what is widely considered to be one of the largest acquisitions of an African startup. Some sources say the sum was just over $120 million, although deal terms were not disclosed. Success achieved, both...

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Anthropic’s AI is writing its own blog — with human oversight

Anthropic has given its AI a blog. A week ago, Anthropic quietly launched Claude Explains, a new page on its website that’s generated mostly by the company’s AI model family, Claude. Populated by posts on technical topics related to various Claude use cases (e.g. “Simplify complex codebases with Claude”), the blog is intended to be...