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Fast-Tracking AI: Trump's Move Sparks Controversy
Climate advocates outraged at Trump administration plans to fast-track AI sector
Image Source: Guardian
• The Trump administration unveiled plans to fast-track the development of the artificial intelligence sector by dismantling environmental and land-use regulations.
• The scheme aims to streamline permitting for datacenters, semiconductor manufacturing facilities, and fossil fuel infrastructure, sparking outrage from climate advocates.
Google develops AI tool that fills missing words in Roman inscriptions
Image Source: Guardian
• Google DeepMind developed an AI tool named Aeneas that predicts the origin of Latin inscriptions and suggests missing words, assisting historians in deciphering ancient texts.
• The AI tool, Aeneas, has been praised by historians for its transformative capability in aiding the interpretation of Roman inscriptions, streamlining the process that was previously laborious for scholars.
Alphabet Boosted by AI, Cloud Demand as Spending Needs Jump
Image Source: Bloomberg
• Alphabet Inc. experienced increased quarterly sales driven by demand for artificial intelligence products.
• The company is facing heightened pressure to justify the costs associated with significant capital spending to compete in the AI race.
Walmart Reveals AI Roadmap That Points To A World Without Search Bars
Image Source: Forbes
• Walmart unveils a new AI roadmap featuring Sparky, an AI assistant, and other autonomous agents for its retail operations.
• The AI roadmap suggests a shift towards a retail environment without the need for traditional search bars.
Google tops expectations with $96.4bn in revenue after AI fuels second quarter
Image Source: Guardian
• Google surpassed revenue expectations with $96.4bn and $2.31 EPS, attributing the success to AI, search, YouTube, and Google Cloud.
• CEO Sundar Pichai highlighted the significant growth in AI as a key factor driving Google's strong performance in the second quarter.