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Nvidia Unveils Faster AI Chip; US DOJ Targets Pre-IPO Artificial Intelligence Frauds

Artificial intelligence (AI) has been making headlines in recent weeks, with several companies and organizations announcing new developments and initiatives in the field. Here’s a roundup of some of the top AI news from the past week:

Nvidia, a leading manufacturer of graphics processing units (GPUs), has unveiled its latest AI chip, which is 30 times faster than its predecessor at certain tasks. The new B200 “Blackwell” chip was announced at the company’s annual developer conference, where CEO Jensen Huang also introduced a new set of software tools for AI developers. Nvidia has an 80% market share in the AI chip market and is looking to cement its dominance with these latest offerings.

Meanwhile, Micron Technology, a leading producer of memory and storage solutions, is set to report its second-quarter earnings on March 20th. Analysts expect the company to post a loss per share of $0.24 on revenues of $5.35 billion, which would represent a 45% increase. Micron has been investing heavily in AI and expects the technology to drive growth in the coming years.

In other news, San Jose, Calif., Mayor Matt Mahan has expressed his support for the city’s burgeoning AI industry. Speaking at a recent event, Mahan highlighted the potential benefits of AI for the local economy and pledged to work with businesses and researchers to ensure that the technology is developed responsibly.

The U.S. Justice Department’s top prosecutor in San Francisco has also signaled his intention to target fraudulent AI startups that defraud investors before going public. Ismail Ramsey, who leads the department’s criminal division in the city, told Reuters that he is focusing on AI and other tech companies that engage in securities fraud.

Finally, a new report from research firm CB Insights has identified 100 of the most promising private AI companies in the world. The list includes startups from a variety of industries, such as healthcare, finance, and transportation, and highlights the growing influence of AI in all areas of business and society.

Overall, these developments suggest that AI is becoming increasingly important in a wide range of industries and applications. As companies continue to invest in AI research and development, we can expect to see even more exciting breakthroughs and innovations in the coming months and years.

More information, please check below news source:

    Apple iPhone could soon include Google or OpenAI’s artificial intelligence, report claims
    (The Independent on MSN.com)
    The iPhone could soon include generative artificial intelligence from Google or OpenAI, according to a new report. Apple is in “active negotiations” to add ChatGPT or Gemini into the iPhone, according to a new report from Bloomberg.
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    Artificial intelligence will radically improve health care, but only if managed carefully
    (The Hill)
    Practitioners and patients alike eagerly anticipate the powerful capabilities and practical benefits of artificial intelligence in the delivery of health care. It is essential to ensure that its
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    Digital stethoscope uses artificial intelligence to help doctors detect heart valve problems
    (CBS News on MSN.com)
    LAWRENCE – There is encouraging news about the role of artificial intelligence in health care. A new, digital stethoscope uses AI to help doctors detect heart valve problems.
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    Domain knowledge drives data-driven artificial intelligence in well logging
    (Phys.org on MSN.com)
    Data-driven artificial intelligence, such as deep learning and reinforcement learning, possesses powerful data analysis capabilities. These techniques enable the statistical and probabilistic analysis of data,
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    If You Invested $1,000 in Artificial Intelligence (AI) Stock Nvidia for Its IPO in 1999, Here’s the Jaw-Dropping Amount of Money You’d Have Now
    (Nasdaq)
    Not too long before the dot-com bubble burst in 2000, Nvidia made its grand entrance as a publicly traded company. Its initial public offering (IPO) occurred on Jan. 22, 1999, with shares being sold at $12. Of course, a lot has changed since then.
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    Micron Q2 earnings preview: Artificial Intelligence Love
    (Seeking Alpha on MSN.com)
    Micron Technology (NASDAQ:MU) is scheduled to report second-quarter earnings on Wednesday, March 20th, after market close. Analysts expect loss per share of $0.24 on revenues of $5.35 billion, which would represent a jump of 45%.
    Read More
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    Nvidia: US tech giant unveils latest artificial intelligence chip
    (BBC on MSN.com)
    Nvidia has unveiled its latest artificial intelligence (AI) chip which is 30 times speedier at some tasks than its predecessor. The firm has an 80% market share and it hopes to cement its dominance. In addition to the B200 “Blackwell” chip, its chief executive Jensen Huang detailed a new set of software tools at its annual developer conference.
    Read More
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    San Jose, Calif., Mayor Touts Artificial Intelligence Boom
    (Government Technology)
    San Jose Mayor Matt Mahan made it clear during a speech that San Jose hopes to capitalize on the advantages and cutting-edge technologies being generated by artificial intelligence.
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    US DOJ to target pre-IPO artificial intelligence frauds, top attorney says
    (Reuters on MSN.com)
    The U.S. Justice Department’s top prosecutor in San Francisco is targeting artificial intelligence (AI) and other tech start-ups that defraud investors before they go public, he told Reuters. Ismail Ramsey,
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