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Technology DECODED

Latest edition: 23 May 2024
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Spotlight

Explainer: can the UK AV Act really get self-driving cars on the road by 2026?

The UK government has announced that self-driving cars could be on British roads by 2026, after the country’s Autonomous Vehicles (AV) Act became law on Monday (20 May).

Latest news

In data: Amazon orders Nvidia chips, consolidating its 90% chip market share as chip market value soars

Amazon has confirmed that it will continue to order Nvidia chips, consolidating the chipmaker’s 90% next-generation chip market share.

Amazon and Meta-backed Scale AI raises $1bn

AI startup Scale AI announced on Tuesday (22 May) that it had raised $1bn in Series F funding, valuing the GenAI and large language model (LLM) labelling company at $13.8bn.

Tech giants agree to AI development ‘kill switch' for unsafe models

A group of leading technology companies, including OpenAI, Amazon and Microsoft, have agreed to a set of commitments to ensure the safe development of their AI models. The agreement includes a “kill switch” to cut development if safety is not guaranteed.

Alibaba, ByteDance and Baidu slash LLM prices

Alibaba, ByteDance and Baidu have slashed their large language model (LLM) prices causing a price war between Chinese LLM suppliers.

AI data centres will force Big Tech to renege on climate targets

On May 15, 2024, Microsoft published its latest Environmental Sustainability Report, the first from Big Tech covering the AI boom.

Interview: Silicon Valley startup Formic pioneers the robotics-as-a-service market

Formic CEO and founder Sam Farid identified how SMEs were being underserved by developments in robotics technology and sought to change things.

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