Fox News AI Newsletter: Fears of AI bubble ease

Elon Musk predicts that advancements in artificial intelligence (AI) and robotics will lead to a future where work becomes optional and traditional currency may no longer be necessary. He suggests that these technologies will significantly alter the job landscape and economic structures.

Artificial intelligence (AI) trained on bacterial genomes has successfully produced proteins that have never been seen before. This innovation leverages the clustering of genes with related functions, allowing the AI to generate novel protein structures. The development signifies a breakthrough in biotechnology and AI applications.

Bitfarm has announced its decision to shift from Bitcoin mining to AI data centers, citing significant losses and market volatility as key factors. The company plans to utilize its existing energy capacity for this transition, reflecting a broader trend in the tech industry as companies seek to capitalize on advancements in artificial intelligence.

Google has initiated a change that allows its AI to access users' private emails and attachments for training purposes, often without their consent. Users can opt out of this feature easily, but many may remain unaware of this new policy.

European policymakers are scaling back regulations related to artificial intelligence (AI) and privacy laws. This decision reflects a shift towards a more business-friendly environment, potentially impacting the enforcement of existing privacy protections and AI oversight. The move has raised concerns among privacy advocates about the implications for data protection and individual rights.

AMD's CEO Lisa Su has unveiled a new chip aimed at capturing a significant share of the burgeoning artificial intelligence market, projected to reach $1 trillion annually. This strategic move positions AMD to compete directly with Nvidia, a leader in AI chip production.

Tech companies are investing billions into new data centers to support advancements in artificial intelligence (AI). This surge in investment is straining power grids and environmental resources, raising concerns about the sustainability of such rapid growth.

Beijing-based AI start-up, Moonshot AI, is in discussions with global investors, including IDG Capital, to raise several hundred million dollars. This funding round could potentially value the company at approximately $4 billion, reflecting a growing interest in AI technologies in China.