According to a new report from the International Energy Agency, the world will spend $580 billion on data centers this year — $40 billion more than will be spent finding new oil supplies.

Chinese search engine Baidu has launched two new AI models — Ernie 4.5, the latest version of the company’s foundational model first released two years ago, as well as a new reasoning model, Ernie X1. According to Reuters, Baidu claims that Ernie X1’s performance is “on par with DeepSeek R1 at only half the price,”, […]

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Fei-Fei Li, the Stanford computer scientist and startup founder sometimes known as “the Godmother of AI,” has outlined “three fundamental principles for the future of AI policymaking” ahead of next week’s AI Action Summit in Paris. First, Li said policy must be based on “science, not science fiction.” In other words, policymakers should focus on […]

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