Truncated: latest AI news

Friday 6 November

AWS launches support for amortization of EC2 Capacity Blocks for ML - AWS

AI-generated summary Amazon Web Services, Inc. announces that AWS Cost Explorer and AWS Data Exports for Cost and Usage Report 2.0 now amortize the upfront fee for Amazon EC2 Capacity Blocks for ML across the duration of each reservation. Amazon Web Services, Inc. states that this feature is available at no additional charge in all AWS Regions except the AWS GovCloud (US) Regions and the China Regions.

AI’s Newest Billionaires Want No Part of Superintelligence Race

AI-generated summary The three co-founders of AI lab Cohere hold stakes worth an estimated $1 billion each after the Toronto-based company reached a $25.5 billion valuation in its latest funding round, according to the Bloomberg Billionaires Index. While Anthropic and OpenAI are said to be targeting valuations of more than $1 trillion, the co-founders are starting to question the race to build ever more powerful artificial intelligence.

The AI boom isn't wiping out white-collar workers — but it's changing the skills you need to get ahead

AI-generated summary America's professional and business services sector added 70,000 payrolls in October, exceeding the average monthly gain of 15,000 jobs observed over the past year. Navy Federal Credit Union chief economist Heather Long states that the recovery in professional and business services indicates artificial intelligence is not eliminating white-collar jobs.

Infineon bets AI boom will raise demand for underlying infrastructure chips | Andreas Urschitz interview

AI-generated summary Andreas Urschitz says Infineon Technologies is focusing heavily on foundational infrastructure chips and edge AI components to meet rising industry demand. Infineon says it is investing in silicon carbide and gallium nitride technologies to improve power efficiency for datacenters and industrial systems.

Also covered by The Elec Inc.

We’re launching VIALS-AA, a leaderboard for Handshake AI’s VIALS benchmark for visual reasoning in life sciences and bi…

AI-generated summary Artificial Analysis launched VIALS-AA, a leaderboard for the Handshake AI VIALS benchmark evaluating visual reasoning in life sciences and biotech research. The evaluation uses Stirrup with code execution and image inspection tools to test models across 161 tasks spanning eight domains.