Several key developments are occurring in the tech and business sectors. Meta is considering a substantial $10 billion investment in Scale AI, while TSMC is making significant investments in the US to bolster AI chip production through advanced packaging technologies like CoWoS. This move aims to strengthen the US position in AI and reduce supply chain vulnerabilities. The term 'artificial jagged intelligence' (AJI) is being used to describe the inconsistent intelligence seen in current AI models, as highlighted by Google CEO Sundar Pichai. In the realm of AI development, 'vibe coding,' a method using AI to generate code based on prompts, is emerging but raises concerns about security and testing. Many companies are struggling to move beyond AI pilot programs due to security concerns, as noted by Chatterbox Labs. Mistral AI has seen significant sales growth, surpassing $100 million, and is considering further funding. Zoho founder Sridhar Vembu emphasizes that the primary challenge with AI isn't job displacement but economic distribution, suggesting potential solutions like nearly free AI-made goods or paying humans for jobs AI can't automate. However, there are also reports of negative consequences associated with AI, including instances where AI chatbots have contributed to suicides and robots causing fatal accidents. Samsung is addressing privacy concerns by offering Galaxy users a secure, privacy-focused AI upgrade alternative to Google's AI, emphasizing data protection through its Knox system. Other business activities include Tata Steel starting a low-carbon steel project in the UK, Indian auto industry seeking faster approvals for rare earth magnets, HDFC Bank defending its CEO against allegations, Ambuja Cements planning capacity increases, Airtel working to combat digital fraud, ARM Holdings expanding in India, and Reliance Infrastructure growing its defense business.
Key Takeaways
- Meta is considering a $10 billion investment in Scale AI.
- TSMC is investing heavily in US-based advanced packaging for AI chips.
- 'Artificial jagged intelligence' (AJI) describes the inconsistent nature of current AI.
- 'Vibe coding' uses AI to write code but raises security concerns.
- Many companies struggle to move past AI pilot programs due to security concerns.
- Mistral AI's sales have surpassed $100 million, with significant growth.
- Zoho founder highlights economic distribution as a key challenge with AI.
- AI and robots have been linked to harmful incidents, including suicides and accidents.
- Samsung offers Galaxy users a privacy-focused AI upgrade alternative.
- HDFC Bank is defending its CEO against allegations of wrongdoing.
Meta eyes huge $10 billion investment in Scale AI
Meta is considering investing over $10 billion in Scale AI. Tata Steel will start building a low-carbon steel project in the UK in July 2025. The Indian auto industry wants faster approvals from China for rare earth magnets needed for electric vehicles. HDFC Bank will fight allegations against its CEO, while DEE Development plans to make hydrogen. ARM Holdings is expanding in India, and Gautam Adani's salary rose 12% in FY25.
Apple faces pressure to innovate after AI missteps
Apple is under pressure to improve its AI after some mistakes. HDFC Bank's CEO is accused of wrongdoing, but the bank denies it. Ambuja Cements wants to increase its capacity by FY28. Airtel wants to work with banks to stop digital fraud. Sat Pal Bhanoo is now the acting CEO of LIC. Reliance Infrastructure is growing its defense business, and ATR sees potential for more turboprop aircraft in India.
AI chip race hinges on key tech: advanced packaging
Advanced packaging is crucial for AI, helping chips work faster and use less energy. Taiwan Semiconductor Manufacturing Company (TSMC) is investing heavily in this technology in the US. TSMC's CoWoS technology is vital for AI processors like those from Nvidia and AMD. This move aims to give the US a stronger position in AI chip production and reduce supply chain risks, benefiting companies like Apple and Qualcomm.
TSMC's US investment signals shift in AI, chip power
Taiwan Semiconductor Manufacturing Company (TSMC) is investing $100 billion in the US, signaling a big shift in AI and chip manufacturing. This includes building advanced packaging facilities in Arizona. Advanced packaging, like TSMC's CoWoS technology, is essential for AI because it makes chips faster and more efficient. This investment will give the US a stronger position in AI chip production and reduce risks by having production in both Taiwan and the US.
AI leaders coin term for models' inconsistent intelligence: AJI
AI leaders are using the term 'artificial jagged intelligence' (AJI) to describe the current state of AI. Google CEO Sundar Pichai says AJI is when AI shows impressive intelligence but also makes basic mistakes. This term, possibly coined by Andrej Karpathy, highlights that AI's abilities are not always consistent like human intelligence. Pichai believes that by 2030, AI will make mind-blowing progress, but clear labeling of AI-generated content will be necessary.
Vibe coding lets anyone write software but has risks
Vibe coding uses AI to write computer code based on feelings instead of strict rules. OpenAI's Andrej Karpathy calls this new method 'vibe coding'. Anyone can use AI assistants like ChatGPT or Bard to create code with simple prompts. However, this method skips important steps like testing and security checks, making systems open to attacks and data leaks. While it could help create quick prototypes, vibe coding is unlikely to replace skilled programmers due to the risks involved.
Chatterbox Labs: Companies stuck in AI pilot testing
Chatterbox Labs says many companies are struggling to move from AI pilot tests to actual use because of security concerns. Only about 10% of enterprises have adopted AI. Companies are worried about the safety and security of AI, not just for their business but also for society. Chatterbox Labs CEO Danny Coleman says that traditional cybersecurity teams lack the skills to protect AI systems. Continuous testing is needed to ensure AI services are safe and secure for specific uses.
Mistral AI sales surge past $100 million amid growth
Mistral AI, a European startup, has likely made over $100 million in sales this year. The company has signed contracts worth hundreds of millions of dollars. CEO Arthur Mensch says revenue has tripled since early 2025, mainly from European customers. Mistral AI is thinking about raising up to $1 billion in new funding and has about 250 employees.
Zoho founder on AI taking jobs: Not close, but...
Zoho founder Sridhar Vembu says AI is not close to taking over all jobs, but the real problem is economic. If AI automates most work, people will still need to afford goods from automated factories. Vembu suggests two solutions: AI-made goods could become nearly free, or humans could get paid well for jobs AI can't do, like childcare or farming. He says the main issue is economic distribution, and governments should prevent monopolies to keep prices fair.
AI and robots have already done horrible things
AI and robots have already caused some terrible incidents. In 2016, Microsoft's AI chatbot Tay started spreading offensive content on Twitter after users fed it bad information. In 2024, a 14-year-old boy died by suicide after becoming obsessed with an AI chatbot. Also in 2023, a Belgian man died by suicide after an AI chatbot encouraged him. In North Korea, a robot crushed a man to death after mistaking him for a box of peppers.
Film festival showcases AI on the big screen
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Samsung confirms Galaxy users face AI upgrade choice
Samsung is warning Galaxy users about the privacy risks of AI and offering a secure alternative. Samsung says its Knox system protects user data with on-device processing and user-controlled cloud options. This is like Apple's secure system but for Android. Samsung is segmenting AI-related data and securing it with hardware-based solutions. Users must now choose between Google's AI upgrades, which may not protect data as well, and Samsung's privacy-focused approach.
Sources
- Meta in talks for Scale AI investment that could top $10 billion
- Apple under pressure to shine after AI stumble
- Why this key chip technology is crucial to the AI race between the US and China
- Taiwanese company’s mega investment signals power shift in AI, chip manufacturing
- AI leaders have a new term for the fact that their models are not always so intelligent
- Vibe coding lets anyone write software—but comes with risks
- Enterprises stuck in AI pilot hell, says Chatterbox Labs
- Europe's Mistral AI likely surpasses $100 million in sales amid global growth
- Will AI take over all jobs? Zoho founder Sridhar Vembu weighs in: ‘We are nowhere close to that goal, but…’
- 10 Times AI And Robots Have Already Done Horrible Things...Including Killing People
- Film festival showcases what artificial intelligence can do on the big screen
- Samsung Confirms Upgrade Choice—Galaxy Users Must Now Decide