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Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Inflection AI raises $1.3B

Inflection AI has raised $1.3 billion from Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor Nvidia.

Graphcore raises $50 million

Machine intelligence company Graphcore has raised a $50 million Series C funding round, as the machine intelligence company prepares to ship its first Intelligence Processing...

Google Buys Artificial Intelligence Company DeepMind For $400M

Google is buying artificial intelligence company DeepMind for a reported $400 million. Founded by Demis Hassabis, Shane Legg and Mustafa Suleyman, DeepMind is based in London. DeepMind...

AI risk must be treated as seriously as climate crisis, says Google DeepMind chief — The Guardian

The world must treat the risks from artificial intelligence as seriously as the climate crisis and cannot afford to delay its response, according to...

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Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services. 

Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services

Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.