Several organizations are making significant strides in leveraging AI across various sectors. GlobalFoundries is investing $16 billion in U.S. chip manufacturing to support the growing demand for AI, partnering with companies like Apple and SpaceX. The FDA has launched Elsa, an AI tool designed to enhance efficiency in product reviews and streamline operations. Bessemer Venture Partners has appointed Pankaj Mitra to lead AI investments in India, focusing on enterprise tech and cybersecurity. Ukraine is utilizing AI-powered drones for strategic strikes, while concerns are being raised about the identity management of AI agents in hybrid business environments. AI chatbots are being evaluated for their reading comprehension, with Claude outperforming ChatGPT in certain areas like legal contracts. Partnerships, such as between Elucidata and Sapien, aim to transform biobank data into AI-ready products for drug and diagnostic development, and Made4net and Flymingo are using AI to improve warehouse operations. Jeffrey Katzenberg likens the impact of AI to the CGI revolution in Hollywood, emphasizing the importance of adapting to and utilizing AI to remain competitive.
Key Takeaways
- GlobalFoundries is investing $16 billion in US chip manufacturing to support AI growth, partnering with Apple and SpaceX.
- The FDA has launched Elsa, an AI tool, to speed up product reviews and improve efficiency.
- Bessemer Venture Partners has hired Pankaj Mitra to lead AI investments in India, focusing on enterprise tech and cybersecurity.
- Ukraine is using AI drones to strike Russian bomber fleets, causing significant damage.
- AI agents in businesses face identity problems in hybrid environments, raising accountability concerns.
- Claude outperformed ChatGPT in understanding legal contracts in an AI reading test.
- Elucidata and Sapien are partnering to turn biobank data into AI products for drug and diagnostic development.
- Made4net and Flymingo are using AI to improve warehouse operations and accuracy.
- Jeffrey Katzenberg compares AI to the CGI revolution, emphasizing the need to adapt to AI to remain competitive.
GlobalFoundries invests $16B in US chip manufacturing for AI growth
GlobalFoundries plans to invest $16 billion to expand chip manufacturing in New York and Vermont. This investment aims to support the growing demand for AI technology. The company is working with tech companies like Apple, SpaceX, and AMD to bring semiconductor production back to the U.S. The expansion will focus on power-efficient and high-performance chips for data centers and AI devices. The investment will also fund research in areas like silicon photonics and GaN technologies.
GlobalFoundries, Apple, and SpaceX team up for $16B US chip push
GlobalFoundries is investing $16 billion to boost semiconductor manufacturing in the U.S., with support from Apple and SpaceX. The investment will expand facilities in New York and Vermont to meet the growing demand for AI technology. This move aims to bring chip production back to the U.S. and strengthen supply chains. The company will focus on making chips that are power-efficient and work well in data centers and AI devices. The investment also includes research into new technologies like silicon photonics.
GlobalFoundries boosts AI hardware investment to $16 billion
GlobalFoundries is increasing its investment plans to $16 billion to support the growing AI hardware market. The company will spend more on factories in New York and Vermont. They will also invest in research for chip packaging, silicon photonics, and gallium nitride applications. This investment aims to strengthen U.S. chip production and meet the rising demand for AI technologies. The global semiconductor market is expected to continue growing because of AI and other new technologies.
FDA uses AI tool Elsa to speed up product reviews
The FDA has launched Elsa, an AI tool, to help employees work more efficiently. Elsa is a secure AI tool that helps with tasks like reviewing clinical protocols and identifying inspection targets. It can also summarize adverse events and compare labels. The FDA says Elsa does not use data from the companies it regulates. The agency believes AI will speed up the review process, but companies should be ready to respond to AI-generated findings.
FDA launches Elsa, its AI tool, ahead of schedule
The FDA has launched Elsa, a generative AI tool, to improve efficiency. Elsa helps employees with tasks like scientific reviews and basic operations. The FDA says Elsa was trained without using data from regulated industries. Elsa can help with reading, writing, and summarizing information. It is already being used to speed up clinical protocol reviews and identify inspection targets. The FDA plans to expand Elsa's use throughout the agency.
Bessemer hires Pankaj Mitra to lead India AI investments
Bessemer Venture Partners has hired Pankaj Mitra as a Partner to lead investments in India. Mitra will focus on enterprise tech, AI, and cybersecurity. He has over 25 years of experience, including investments at Cisco. Bessemer has $18 billion in assets and has invested in companies like LinkedIn and Shopify. In March 2025, Bessemer announced a $350 million fund for India, targeting AI, fintech, and cybersecurity.
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Ukraine uses AI drones to strike Russian bomber fleet
Ukraine released video of its 'Spider Web' drone strikes on Russian bombers. The drones used AI to navigate and strike targets deep inside Russia. The Security Service of Ukraine (SBU) said the operation caused $7 billion in damage. The strikes hit aircraft including A-50, Tu-95, and Tu-22 bombers. The Russian Defense Ministry downplayed the attacks, but Ukraine says the strikes are helping counter Russian terror.
AI agents face identity problems in hybrid environments
AI agents are being used more in businesses, but their identity systems are not keeping up. These agents operate across different environments like clouds and private data centers. Current systems for managing their identity assume a central, cloud-connected world. Problems include not being able to trace agent activity back to users. This lack of accountability is dangerous, especially in industries with strict audit requirements.
AI reading test shows one bot is smartest, not ChatGPT
Five AI chatbots were tested on their ability to read and understand different types of documents. The documents included a novel, medical research, legal agreements, and speeches. Experts judged the AI tools' summaries and analysis. All but one bot made up information. Claude was the best at understanding legal contracts. ChatGPT performed best with literature, but the quality of answers to more analytical questions by both ChatGPT and Claude left Bohjalian gobsmacked.
Elucidata, Sapien partner to turn biobank data into AI products
Elucidata and Sapien Biosciences are partnering to turn biobank assets into AI-ready data products. Sapien has a large biobank with over 300,000 patient samples. The partnership will use Elucidata's platform to organize and improve Sapien's data. This will help with drug and diagnostic development. The first project will focus on building AI models from digital pathology images to help with cancer research.
Made4net and Flymingo use AI to improve warehouse operations
Made4net and Flymingo are partnering to improve warehouse operations with AI. They are bringing AI-powered tools to help companies be more accurate and follow procedures. Made4net's WMS will work with Flymingo's AI platform to monitor warehouse activities. This helps managers see problems and fix them quickly. Abaline Supply is using the new system to detect errors and improve customer satisfaction.
DreamWorks co-founder compares AI to CGI revolution in Hollywood
Jeffrey Katzenberg, co-founder of DreamWorks, compares the arrival of AI to the introduction of CGI in the 1990s. He says that people were afraid of CGI because they thought it would disrupt their jobs. However, animation became bigger than ever. Katzenberg believes AI will replace people who don't use AI. He says people who learn to use AI will thrive, just like those who learned to use computers for animation.
Sources
- GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth
- GlobalFoundries Teams with Apple, SpaceX in Massive $16B US Chip Manufacturing Push to Power AI Revolution
- GlobalFoundries Increases Investment to $16 Billion for AI Hardware Expansion - News and Statistics
- FDA’s AI-Assisted Review: The Next Stage of Regulated Product Evaluation
- The FDA Launches Its Generative-AI Tool, Elsa, Ahead Of Schedule
- Bessemer Appoints Pankaj Mitra as Partner to Lead India Investments in AI, Enterprise Tech
- How 10 AI trailblazers are keeping their companies competitive in tech's new golden age
- Ukraine releases new footage of daring AI strikes that crippled Putin’s bomber fleet
- The 6 identity problems blocking AI agent adoption in hybrid environments
- Review | 5 AI bots took our tough reading test. One was smartest — and it wasn’t ChatGPT.
- Elucidata and Sapien Biosciences Announce Strategic Partnership to Transform Biobank Assets into high quality AI Products
- Made4net and Flymingo Announce Partnership to Revolutionize Warehouse Operations with AI-Driven Computer Vision
- DreamWorks co-founder Katzenberg likens AI to CGI revolution