The world of artificial intelligence is rapidly evolving, with breakthroughs in various sectors. In this news brief, we'll explore the latest developments in AI, from concerns about its capabilities to its potential applications in finance and manufacturing.
Hugging Face's Chief Science Officer Worries AI is Becoming 'Yes-Men on Servers'
Thomas Wolf, Hugging Face's chief science officer, has expressed concerns that AI today is not capable of figuring out novel solutions like a human. He fears that AI is becoming "yes-men on servers" absent a breakthrough in AI research. Wolf believes that current AI development paradigms won't yield AI capable of outside-the-box, creative problem-solving, the kind of problem-solving that wins Nobel Prizes.
Google Co-Founder Larry Page Reportedly Has a New AI Startup
Google co-founder Larry Page is building a new company called Dynatomics that's focused on applying AI to product manufacturing. Page is reportedly working with a small group of engineers on AI that can create "highly optimized" designs for objects and then have a factory build them.
Eric Schmidt Suggests Countries Could Engage in Mutual Assured AI Malfunction (MAIM)
Eric Schmidt and Scale AI founder Alexandr Wang are co-authors on a new paper called "Superintelligence Strategy" that warns against the U.S. government creating a Manhattan Project for so-called Artificial General Intelligence (AGI) because it could quickly get out of control around the world. Instead, the U.S. should focus on developing methods like cyberattacks that could disable threatening AI projects.
Want Better LLM Results? Then It's Time for AI Evaluation Tools
Few AI questions bother me as much as: "How do we get our users to trust AI"? Newsflash: users distrust AI for all kinds of valid reasons , such as: A consistent media flood of sensational hallucinations from the big AI chatbots. Widespread fear of job loss, especially due to lack of proper communication from leadership - and relentless overhyping of "digital teammates." (this would require an entire piece to do justice to, but the fear is real, often beyond the reality). Inaccurate output that raises legitimate questions about what AI to trust, and when.
Broadcom Stock Pops on AI Chip-Driven Q1 Earnings Beat
Broadcom shares jump in extended-hours trading after the chipmaker reported first quarter results that beat on top and bottom lines, driven by artificial intelligence (AI) chip sales. The move higher offers some relief as other chipmakers, like Marvell Technology and Nvidia, closed Thursday's session in the red.
AI Training Data Provider Turing Closes $111M Investment
Turing, a provider of training data for artificial intelligence models, has closed a late-stage $111 million funding round. The company, valued at $2.2 billion, provides a service that enables AI providers to commission custom training datasets.
How More Accessible AI Could Revolutionize Wall Street Trading
Wall Street's biggest high-frequency trading (HFT) firms have long relied on expensive, proprietary trading systems for their competitive edge. But a new challenger could be emerging from an unexpected direction: open-source . While traditional financial powerhouses invest millions in proprietary algorithms, platforms like Chinese AI startup could make sophisticated trading technology free—or nearly free—to anyone.
Vistra Corp. (VST) Initiated at Neutral by Daiwa, AI Growth Priced In
China is making significant strides in integrating artificial intelligence in its economy. Laying out its major policy priorities for 2025 at an annual parliamentary meeting on March 5th, it discussed how it plans to spur consumption and achieve technological breakthroughs.
Key Takeaways
- AI is becoming increasingly important in various sectors, from manufacturing to finance.
- Concerns have been raised about the capabilities of current AI systems, with some experts warning that they may not be capable of outside-the-box problem-solving.
- Open-source AI platforms like DeepSeek could revolutionize Wall Street trading by making sophisticated trading technology more accessible.
- China is making significant strides in integrating AI into its economy, with a focus on manufacturing and technological breakthroughs.
- The development of AI is a rapidly evolving field, with new breakthroughs and applications emerging regularly.
Sources
- Hugging Face's chief science officer worries AI is becoming 'yes-men on servers'
- Google co-founder Larry Page reportedly has a new AI startup
- Eric Schmidt Suggests Countries Could Engage in Mutual Assured AI Malfunction (MAIM)
- Want better LLM results? Then it's time for AI evaluation tools - learning from Galileo's RAG and agentic metrics
- Broadcom stock pops on AI chip–driven Q1 earnings beat
- Broadcom Forecasts Strong Growth, Says AI Spending on Track
- AI training data provider Turing closes $111M investment
- Broadcom shares rally as strong AI semiconductor sales growth drives earnings beat
- How More Accessible AI Could Revolutionize Wall Street Trading
- Vistra Corp. (VST) Initiated at Neutral by Daiwa, AI Growth Priced In