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AMD Acquires Fei-Fei Li's World Labs For $8.2 Billion

1 month 1 week ago
AMD has agreed to acquire Fei-Fei Li's World Labs for about $8.2 billion in stock, making it the chipmaker's second-largest acquisition and giving it a major foothold in "world models" that simulate 3D environments for robotics and other physically grounded AI. CNBC reports: AI researchers expect world models will be able to help develop robots and other physically-grounded artificial intelligence applications. AMD plans to keep World Labs separate from its chipmaking business until the transaction closes later this year. The lab's research on next-generation models will allow AMD to plan for what its AI chips need to be capable of years in advance. World Labs was founded by AI researcher Fei-Fei Li, who is widely seen as an AI pioneer as a Stanford professor, and who previously worked for Google leading AI research. Li will become an AMD's chief scientist and an executive vice president at the company. In a demo presented by Li and AMD CEO Lisa Su earlier this year, the two executives showed a World Labs model called Marble creating a three-dimensional scene out of a few images. "Intelligent agents, whether it's robots or vehicles or even tools, can learn inside very-rich physics-aware digital worlds before they even need to be deployed into the real one, making them much safer," Li said at the presentation.

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TikTok to Pay Alabama $100 Million, Limit Teen Use In First State Settlement

1 month 1 week ago
TikTok has agreed to pay Alabama at least $100 million and adopt new restrictions for teenage users, including a two-hour daily limit, overnight access restrictions, stronger age verification, a ban on beauty filters, and an option for a non-personalized feed. The settlement could grow to as much as $300 million if enough other state attorneys general join similar agreements. The Guardian reports: A trial had been set to begin on Monday in the southern US state over claims by Alabama that TikTok misled parents about tools meant to shield children from harmful content. [...] Attorney general Steve Marshall hailed Friday's settlement as "a great day for Alabama parents." He said: "Tonight, they can rest easier knowing real protections are in place to shield their children from the dangers of social media addiction." Under the settlement, TikTok will send $100m to Alabama and could possibly pay up to $300m in total if 40 other attorneys general sign similar agreements with the company within a specified timeframe. In addition, the Alabama deal includes a conditional restriction that Meta also agreed to: expanding the night-time shutdown period to 10pm to 7am if other platforms also commit to do the same. "TikTok's priority has always been fostering a safe and positive space where people can be creative, discover what they love, and connect with their community," a company spokesperson told AFP. "This builds on our commitment and core objective to continually enhance our robust safety tools to protect teens," the spokesperson added. More than a dozen other states, including California and New York, still have suits against TikTok.

Read more of this story at Slashdot.

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