The rapid advancement of artificial intelligence (AI) is transforming various industries, from healthcare to finance, and even fast food. In this news brief, we'll explore the latest developments in AI, from the challenges it poses to in-house counsel to the innovative applications of AI in medicine and beyond.
AI Delivers Fresh Nightmares for In-House Counsel
Already struggling to stay ahead of security and data issues, AI adds new headaches for in-house counsel. Two years into the generative AI era, in-house lawyers remain largely unprepared for the risks posed by this technology. A recent survey found that 85% of in-house lawyers are minimally or not at all prepared to deal with these risks, and 65% are not prepared to secure emerging data sources such as collaboration apps and cloud storage.
Lambda Raises $480M to Expand AI Cloud Platform
Lambda, the AI Developer Cloud, has raised a $480 million Series D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW with participation from new investors Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, and NVIDIA, among others.
New Britain Company Uses Artificial Intelligence to Save Dialysis Patients
Artificial intelligence is making its way into medicine quickly, even keeping some people alive. Herald Square Dialysis in New Britain is using AI to analyze patient health data and predict potential health problems before they become severe.
BigBear.ai: Could This Be the Next Big Thing in AI Stocks?
BigBear.ai Holdings is revolutionizing geopolitical risk analysis with AI technology, spotlighted by a contract with the U.S. Department of Defense. The company reported a 22% year-over-year revenue increase in Q3 2024, highlighting growth in financial performance.
4 AI Stocks to Watch in the Quantum Computing Revolution
Following the stock market's record-breaking 2024, investors are optimistic about the bull market delivering further gains in 2025. Amid a resilient economic backdrop and strong corporate earnings, a major investing theme has been the emergence of AI, which has already proven its ability to reshape various industries.
Artificial Intelligence Negotiation Bill Progresses in Olympia
A proposed bill that empowers public sector unions to negotiate the use of Artificial Intelligence (AI) in Washington State workplaces took a step forward in Olympia. The bill introduces clear definitions for "artificial intelligence" and requires employers to provide notice to employees before using AI in the workplace.
More Wendy's Restaurants Will Use AI to Take Your Drive-Thru Order This Year
Wendy's is deploying "voice-enabled AI order taking" at up to 600 restaurants across the country. The fast-food chain "really liked" the results of the pilot program, which incorporated the technology at nearly 100 restaurants.
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
HP is buying Humane, the ambitious start-up behind the Ai Pin, for $116 million. The deal caps a downfall for the high-flying start-up, which had heavily promoted the $699 pin with ads and a TED Talk.
China's DeepSeek Has Taken the World by Storm. Here Are the Brains Powering the AI Sensation
DeepSeek's founder, Liang Wenfeng, has been dubbed by some in Western media as the "Sam Altman of China." But unlike his Silicon Valley counterpart, he has maintained a low public profile.
Key Takeaways
- AI is transforming various industries, from healthcare to finance and even fast food.
- In-house counsel are struggling to keep up with the risks posed by generative AI.
- Lambda has raised $480 million to expand its AI cloud platform.
- BigBear.ai is revolutionizing geopolitical risk analysis with AI technology.
- 4 AI stocks to watch in the quantum computing revolution are Alphabet, International Business Machines, D-Wave Quantum, and IonQ.
- A proposed bill in Olympia aims to empower public sector unions to negotiate the use of AI in the workplace.
- Wendy's is deploying AI to take drive-thru orders at up to 600 restaurants across the country.
- HP is buying Humane, the maker of the Ai Pin, for $116 million.
- China's DeepSeek has taken the world by storm with its AI sensation, and its founder, Liang Wenfeng, has maintained a low public profile.
Sources
- AI Delivers Fresh Nightmares For In-House Counsel
- Lambda Raises $480M to Expand AI Cloud Platform
- New Britain company uses artificial intelligence to save dialysis patients
- BigBear.ai: Could This Be the Next Big Thing in AI Stocks?
- 4 AI Stocks to Watch in the Quantum Computing Revolution
- Palantir or AMD: Cathie Wood Makes a Move on One High-Potential AI Stock
- Artificial intelligence negotiation bill progresses in Olympia
- More Wendy's restaurants will use AI to take your drive-thru order this year
- HP to Buy Humane, Maker of the Ai Pin, for $116 Million
- China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation