Truncated: latest AI news

Thursday 5 November

20VC x SaaStr: OpenAI Cuts to $1.25 Trillion, Anthropic’s Growth Goes From 12x to 2x, and Why Agents Are an Existential Risk to DoorDash

AI-generated summary Alphabet shares experienced significant market pressure after financial results showed a drop in free cash flow and slower growth for Google Search. Anthropic reported quarter-over-quarter growth slowing from roughly 100 percent to about 50 percent according to its quarterly S-1 amendment.

Baidu releases ERNIE 5.5 Flash Base with 280 billion parameters as an open-source foundation model

AI-generated summary Baidu has released the ERNIE 5.5 Flash Base open-source foundation model featuring a mixture-of-experts architecture with 280 billion parameters. According to Baidu, the model competes with similarly sized open foundation models in reasoning, code, and long-context tasks.

Also covered by braindetox.kr Pebblous Blog ArtificialWatch

Justice Department Forms AI Task Force, Fox News Reports

AI-generated summary The Justice Department is creating an artificial intelligence task force, according to Fox News reports. Fox News reports that the new task force aims to prevent foreign adversaries and criminal organizations from exploiting advanced technology.

Also covered by coindesk.com Decrypt Interesting Engineering
+4 moreNextgov.com Tech Times Engadget TNW | Government-policy

Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

AI-generated summary The US Nasdaq share index headed for its worst day in 18 months after slumping by up to 5% on Thursday as Wall Street sustained widespread losses. Nvidia fell 6.7% while SanDisk tumbled 19% and Western Digital dropped 16.5% amid growing signs that the artificial intelligence industry will face tougher regulation.

Also covered by investingLive Yahoo Finance The Deep View