Wall Street needs to prepare for an AI winter – AFR

Technology companies are struggling to conjure the great leaps in capability that had been expected, and more meaningful revenue may not come until 2026.
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Wall Street needs to prepare for an AI winter – AFR

Elon Musk's xAI raises $6B to bolster battle against OpenAI – New York Post

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.
Musk took a victory lap after announcing Monday on his social media platform X that the company concluded its Series C funding round — which is usually the final stage of venture capital financing.
“We are gonna need a bigger compute!” Musk wrote, in an apparent reference to the […]
Elon Musk's xAI raises $6B to bolster battle against OpenAI – New York Post

An AI system has reached human level on a test for 'general intelligence'. Here's what that means

PhD Student, School of Computing, Australian National University

Research Fellow, Stanford Center for Responsible Quantum Technology, Stanford University

Michael Timothy Bennett receives funding from the Australian government.
Elija Perrier receives funding from the Australian government.
Australian National University provides funding as a member of The Conversation AU.
A new artificial intelligence (AI) model has just achieved human-level results on a test designed […]
An AI system has reached human level on a test for 'general intelligence'. Here's what that means