Cerrion raises $18M to support industrial automation with intelligent vision agents

The HiPEAC Vision outlines a strategic framework for Europe to navigate the evolving landscape of semiconductor technology, emphasizing the need for the Chips Act 2.0 to adapt to the next computing paradigm. This initiative aims to bolster Europe's position in the global semiconductor market amidst increasing competition.

The European Union is easing regulations on artificial intelligence, while the United States is taking even more drastic steps to deregulate the sector. This shift aims to foster growth in the AI industry, despite ongoing concerns about a potential bubble in the market, which Nvidia claims has not yet burst due to its strong earnings report.

Google has introduced a new conversational photo editing tool in Google Photos, initially available on the Google Pixel 10 and later expanded to other Android devices in the U.S. However, this feature has been deemed illegal in two states, raising concerns about its compliance with local laws.

OpenAI has expanded its data residency options for enterprise users of ChatGPT and its API, allowing them to store and process data in various regions, including Europe, the UK, and the US. This move aims to enhance compliance with local regulations and facilitate broader adoption of AI technologies in business operations.

A novel multi-view contrastive learning framework has been proposed to generate spatial embeddings for risk modeling, particularly in the insurance sector. This framework integrates diverse spatial data sources, including satellite imagery and OpenStreetMap features across Europe, to enhance the predictive capabilities of risk management models.

Model ML Inc., a startup specializing in artificial intelligence software for investment professionals, has successfully raised $75 million in a Series A funding round led by FT Partners, with participation from notable investors including QED, 13Books, Latitude, Y Combinator, and LocalGlobe.

Pornhub has reached out to tech giants Apple, Google, and Microsoft, urging them to implement device-level age verification systems. This call comes as the United States and the United Kingdom are tightening regulations on adult content, aiming to prevent minors from accessing pornography through site-specific identification checks.

Alibaba.com has launched a new AI Mode aimed at automating the end-to-end online buyer experience, responding to increasing demand in Europe. This feature is designed to enhance the efficiency of transactions on the platform, making it easier for users to navigate the marketplace.