UNT Launches $20M AI College; Newsom Signs AI Safety Bills

Key Takeaways

• Anuradha and Vikas Sinha donated $20 million to the University of North Texas to create a new college focused on AI and data science.
• The new UNT college will unite experts in AI, health informatics, and learning technologies into two main divisions.
• California Governor Gavin Newsom signed AI safety bills supported by Anthropic and OpenAI to regulate third-party auditors.
• Google secured a contract to buy half the output from Finland's Loviisa nuclear plant through 2049 to power its AI data centers.
• Palantir and NVIDIA are building a joint sovereign AI stack to optimize complex supply chain operations using Nemotron models.
• LandingAI released its Agentic Document Extraction Gen2 platform with pricing based on pages and output characters.
• Candidly expanded its platform to include AI advice on consumer debt and retirement savings for nearly half of American workers.
• XTEND AI Robotics partnered with Quantum Systems to develop autonomous mission solutions for defense and public safety agencies.
• The Sinha donation aims to help immigrants build the American dream by opening doors for others through education.
• Google's nuclear power deal highlights how reliable electricity is becoming as critical as computer chips for AI expansion.

Indian Couple Donates 20 Million for New AI College

Anuradha and Vikas Sinha donated 20 million dollars to the University of North Texas to create a new college. The Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics will focus on AI, cybersecurity, and data science. The gift will fund scholarships, professorships, and research projects to help students master these technologies. Vikas Sinha, a Vice President at Broadcom, said the donation helps immigrants build the American dream by opening doors for others.

Texas University Opens New AI College With Major Gift

The University of North Texas announced a new college named after Anuradha and Vikas Sinha following a 20 million dollar donation. This college will unite experts in AI, health informatics, and learning technologies into two main divisions. The Sinhas have supported the university since 2024, previously funding a data science department and an innovation lab. Vikas Sinha emphasized that the college will teach students to build and govern AI responsibly.

UNT Launches AI College After 20 Million Dollar Gift

The University of North Texas will open a dedicated college for artificial intelligence thanks to a 20 million dollar donation from the Sinha couple. The new Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics will include an institute to connect research across the university. President Harrison Keller stated that this initiative will reshape how students prepare for a changing labor market. The college aims to go beyond teaching AI usage to preparing students to create and control these systems.

Newsom Signs AI Safety Bills Backed By Tech Giants

California Governor Gavin Newsom signed two new bills to regulate how outside groups evaluate AI safety programs. These laws were supported by major companies Anthropic and OpenAI following warnings about potential risks from advanced AI. The bills create a registry for auditors and set rules for independent verification organizations to check AI risks. Newsom called on the federal government to create national regulations that match the urgency of the situation.

California Governor Signs Industry Approved AI Laws

Governor Gavin Newsom signed two AI regulation bills into law with support from OpenAI and Anthropic. The new laws require third-party auditors to follow ethical rules and meet specific safety criteria when testing AI models. OpenAI and Anthropic stated they support these measures to ensure powerful models are released safely and responsibly. The governor noted that while AI holds great promise, it must be developed with safeguards to protect the public.

LandingAI launches Gen2 document tool with new pricing

LandingAI has released its Agentic Document Extraction Gen2 platform, which is now available for developers to use for free. This new version uses two different parsing models called DPT-3 Pro and DPT-3 Verity to handle document processing more efficiently. The company changed its pricing structure so that costs depend on the number of pages and output characters instead of a flat fee per page. Users can expect significant cost reductions, with some tasks costing less than one cent per page when using the standard tier. The system organizes data into blocks with specific IDs and provides detailed location information for every piece of text or image found.

Candidly adds AI debt advice to financial planning tools

Candidly has expanded its AI platform to include advice on managing consumer debt and improving retirement savings. This new feature helps users create a complete financial picture by connecting their debt payments with their long-term investment goals. The system analyzes factors like interest rates and monthly payments to suggest specific strategies for paying off loans faster. It will be available to nearly half of American workers through partnerships with major financial firms like Bank of America and Vanguard. The tool is designed to be secure and auditable, though the company notes it provides educational guidance rather than legal advice.

Google signs deal to buy nuclear power through 2049

Google has signed a long-term contract to purchase half of the electricity output from Finland's Loviisa nuclear plant through the year 2049. This agreement turns a volatile energy cost into a fixed expense, which could lower the cost of running their massive AI data centers over the next two decades. The deal supports Google's huge investment in AI infrastructure, as power availability is now a major constraint on expanding their computing capacity. Although the new power will not arrive until the end of this decade, the contract secures a stable energy source for future growth. This move highlights how access to cheap, reliable electricity is becoming as important as having enough computer chips for AI.

XTEND AI Robotics partners with Quantum for defense systems

XTEND AI Robotics and Quantum Systems have announced a partnership to create autonomous mission solutions for defense and public safety agencies. The collaboration combines XTEND's XOS software with Quantum's aerial platforms to build systems that can operate across different environments. XTEND also reported its first deployment of the AtlasROVER robot in the Asia-Pacific region, marking its entry into ground robotics. These developments are part of a broader strategy to expand their software ecosystem to cover both air and land platforms for military and security customers.

Palantir helps NVIDIA organize complex AI supply chains

Palantir and NVIDIA are working together to create a joint sovereign AI stack designed to optimize supply chain operations. This new system combines Palantir's sovereign AI technology with custom NVIDIA Nemotron open models to manage complex logistics. The solution is being used first within NVIDIA's own supply chain to track operations from the manufacturing of wafers to the final product. Other organizations can also use this reference architecture to improve their own supply chains by running the software on cloud or on-premises infrastructure. Managing the millions of parts in a single AI rack requires this level of detailed organizational intelligence.

Sources

• Indian-Origin Couple Donates $20 Million For US College To Be Named After Them
• This Indian-origin couple gifted $20 million to Texas university. All about the new AI college they are helping to build
• UNT launches artificial intelligence college after $20M donation
• Newsom signs AI safety bills backed by Anthropic, OpenAI
• Newsom Signs AI Industry-Approved AI Regulation Bills Into Law in California
• LandingAI Releases Agentic Document Extraction Gen2 with DPT-3 Pro and DPT-3 Verity
• Candidly's AI Assistance Stretches to Debt Management
• Google Is Buying Half a Nuclear Plant's Output Through 2049. Cheap Power Just Became the Real AI Moat.
• Why Is Xtend AI Robotics (XTND) Expanding Into Cross Domain Defense Systems?
• Each NVIDIA AI rack has 1.3 million parts. Palantir is helping organize the supply chain.