June 13, 2025

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AI Investments, Meta V-JEPA 2, and RAISE Act

Recent developments in artificial intelligence span various sectors, from insurance to supply chain management, and involve both technological advancements and regulatory measures. A Wipro report indicates that U.S. insurance companies are planning to significantly increase their AI investments, potentially doubling them within the next 3-5 years to enhance risk assessment and customer experience. Meta is advancing AI by developing models like V-JEPA 2, which helps AI agents understand and interact with the physical world, marking progress toward artificial general intelligence. Memory technology is also evolving, with Micron shipping HBM4 memory to improve AI training and inference by providing higher bandwidth and capacity. Daybreak has secured $15 million in funding to apply AI to supply chain planning, aiming to reduce waste and improve efficiency through autonomous agents. Temasek, along with Microsoft and BlackRock, is investing in AI infrastructure through the AI Infrastructure Partnership (AIP), focusing on data centers and energy facilities. OpenAI CEO Sam Altman anticipates a significant year for AI in 2026, driven by projects like Stargate. Stanford University is offering custom AI education programs for executives to promote understanding and strategic implementation of AI. The New York State Senate has passed the RAISE Act, mandating safety plans for large AI developers to prevent harm and ensure responsible AI development.

Key Takeaways

  • U.S. insurance companies plan to significantly increase AI investments in the next 3-5 years.
  • Meta is developing AI models like V-JEPA 2 to help AI agents understand the physical world.
  • Micron is shipping HBM4 memory to improve AI training and inference.
  • Daybreak has raised $15 million to apply AI to supply chain planning.
  • Temasek, Microsoft, and BlackRock are investing in AI infrastructure through the AI Infrastructure Partnership (AIP).
  • OpenAI CEO Sam Altman predicts a big year for AI in 2026.
  • Stanford University offers custom AI education programs for executives.
  • The New York State Senate passed the RAISE Act, requiring safety plans for large AI developers.
  • AI agents rely on API keys and other identities that can be vulnerable to attackers.
  • AI budgets for US insurers are expected to rise from 8% to 20% of IT budgets.

Wipro report US insurers to boost AI investment

According to a new Wipro Limited report, U.S. insurance companies plan to more than double their investments in AI in the next 3-5 years. The report, based on feedback from 100 business leaders, shows that 81% of insurance companies plan to increase AI spending in the coming year. AI budgets are expected to rise from 8% to 20% of IT budgets. Challenges include integrating AI with older systems and the lack of AI policies.

Wipro report US insurers investing more in AI

US insurance companies are expected to increase their AI investments in the next 3-5 years, according to a Wipro report. The report surveyed 100 business leaders and found that 81% of firms plan to increase AI spending within the next year. AI budgets are expected to more than double from 8% to 20%. Insurers believe AI will improve risk assessment and customer satisfaction, but face challenges integrating AI with older systems.

Wipro report US insurers doubling AI investments

A new report by Wipro Limited shows that U.S. insurance companies plan to more than double their AI investments in the next 3-5 years. The report surveyed 100 business leaders and found that 81% of firms plan to increase AI spending within the next year. AI is expected to become a bigger part of IT budgets, rising from 8% to 20%. Insurers believe AI is essential for customer experience and personalization, but smaller firms face challenges with older systems and limited AI expertise.

Meta advances development of true artificial intelligence

Meta is taking steps to develop true artificial intelligence, with a focus on helping computers understand their environment. Meta's latest project, V-JEPA 2, helps AI agents understand the physical world and how to respond to it. V-JEPA 2 was trained using video to learn how people interact with objects and how objects move. This is a step towards artificial general intelligence (AGI), where computer systems can think for themselves and develop novel solutions.

Meta's AI helps robots understand the world

Meta has introduced V-JEPA 2, an AI model that helps robots and other AI agents understand the physical world. V-JEPA 2 is designed to help AI agents predict how the world will respond to their actions. Meta says this is a key step in creating advanced machine intelligence (AMI). The model was trained using video to help it learn how people interact with objects and how objects move.

New memory tech boosts AI training and inference

AI applications need a lot of memory, especially high bandwidth memory like HBM. Micron is now shipping HBM4 memory to key customers for testing. Micron's HBM4 provides high bandwidth and capacity. Traditional memories like DRAM and SRAM have limitations in power and bandwidth. Emerging memory technologies like MRAM and RRAM offer improvements in power efficiency and storage density.

Daybreak raises $15M for AI supply chain solution

Daybreak, a supply chain planning software vendor, has raised $15 million to help companies reduce global inventory waste using AI. Daybreak's AI tools provide autonomous agents that identify risks and prioritize interventions. The company's goal is to create more time for people, more profit for businesses, and less waste for the planet. The new investment will help Daybreak improve its machine learning operations, decision intelligence, and agent ecosystem.

AI analyzes golf fans' swings at U.S. Open

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Secure AI agents running on secret accounts webinar

AI agents, chatbots, and automation scripts rely on API keys, service accounts, and OAuth tokens that can be vulnerable. Attackers are exploiting these identities to move through cloud infrastructure, deploy malware, and steal data. Traditional security measures don't protect these non-human identities (NHIs). A webinar led by Jonathan Sander will discuss how to see, secure, and monitor these identities.

Temasek invests in AI infrastructure with Microsoft and BlackRock

Temasek has joined a consortium backed by Microsoft, BlackRock, and MGX to invest in and expand artificial intelligence infrastructure. The consortium, called AI Infrastructure Partnership (AIP), aims to invest over $30 billion in AI-related projects. AIP will focus on data centers and energy facilities needed to power AI applications like ChatGPT. Temasek's investment reflects its focus on the future of AI technology.

Sam Altman predicts big AI year in 2026

OpenAI CEO Sam Altman says 2026 may be a big year for AI. Altman's OpenAI is working on the Stargate project, a collaboration with Oracle and SoftBank, to build massive AI installations across the US. Altman says the project's name comes from an early data center design resembling the ring-shaped portal in the movie and television series Stargate.

Stanford offers custom AI education for executives

Stanford University offers custom-built education programs to help business leaders understand and use AI. The programs cover ethical considerations, human-centric approaches, practical applications, and strategic implementation. Participants will work with Stanford faculty to understand AI, its impact on their industry, and how to drive innovation. The programs can be virtual or take place on the Stanford campus.

New York Senate passes AI safety bill

The New York State Senate passed the RAISE Act, requiring large AI developers to have a safety plan to prevent harm. The bill, sponsored by State Senator Andrew Gounardes, ensures AI can flourish while protecting public health and safety. The RAISE Act requires companies to publish safety protocols and disclose serious incidents. It allows the New York State Attorney General to bring civil penalties against companies that fail to meet these standards.

Sources

AI Investment Insurance Industry Wipro Report AI Spending IT Budgets AI Integration Challenges Meta Artificial General Intelligence (AGI) V-JEPA 2 Robotics Machine Intelligence AI Training AI Inference High Bandwidth Memory (HBM) Micron Memory Technology Supply Chain Daybreak AI Solutions Machine Learning Operations Decision Intelligence AI Agents AI Security API Keys OAuth Tokens Non-Human Identities (NHIs) AI Infrastructure Temasek Microsoft BlackRock AI Infrastructure Partnership (AIP) Data Centers Energy Facilities Sam Altman OpenAI Stargate Project AI Education Stanford University AI for Executives AI Safety New York Senate RAISE Act AI Regulation