Nvidia, AMD Tracked, AI Project Gets $152M, Copilot Security

Several significant developments are unfolding in the AI landscape. The Allen Institute for AI (Ai2) is set to lead a national AI project, OMAI, backed by $152 million in funding from the National Science Foundation and Nvidia. Specifically, the NSF is contributing $75 million, while Nvidia is providing $77 million in hardware and software. This project aims to build open AI models for scientific research, benefiting fields like materials science and biology. In other news, U.S. authorities are employing secret tracking devices in AI server shipments, particularly those containing Nvidia and AMD chips, to prevent illegal diversion to China. These trackers are placed in servers from companies like Dell and Super Micro that are under investigation for export violations. Meanwhile, Philips is investing over $150 million to expand its AI health tech offerings, focusing on AI-enabled ultrasound systems and expanding its manufacturing plant in Reedsville, Pennsylvania. Cisco anticipates growth in its enterprise business due to increased AI adoption, expecting greater network traffic and modernizing its networking gear. The U.S. Department of Labor (DOL) is also contributing by offering $30 million in grants for AI and skilled trades training to address worker shortages. In the financial sector, Q FACTOR is launching its AI-powered trading software, Q FACTOR ALGO, designed for analyzing and executing trades for SPX options and ES MINI scalps. Legit Security is enhancing application security with AI-native features, helping manage risks from AI coding tools like GitHub Copilot. Concerns around AI's impact are also being discussed, with Freepik's CEO, Joaquin Cuenca Abela, highlighting the need for sustainability and regulation in AI-driven creative content. Experts are also warning about the security risks associated with AI and digital IDs, emphasizing the potential for stolen biometric data to be used for malicious purposes.

Key Takeaways

• The Allen Institute for AI (Ai2) will lead the OMAI project to build open AI models for science with $152 million in funding from the NSF and Nvidia.
• Nvidia is providing $77 million in hardware and software for the OMAI project, while the NSF is contributing $75 million.
• U.S. authorities are secretly tracking AI chip shipments, including Nvidia and AMD chips, to prevent illegal diversion to China.
• Philips is investing over $150 million to expand its AI health tech offerings, focusing on AI-enabled ultrasound systems.
• Cisco expects its enterprise business to grow due to increased AI adoption and is rolling out new networking gear.
• The U.S. Department of Labor (DOL) is offering $30 million in grants for AI and skilled trades training.
• Q FACTOR is launching its AI-powered trading software, Q FACTOR ALGO, for analyzing and executing trades.
• Legit Security is enhancing application security with AI-native features to manage risks from AI coding tools like GitHub Copilot.
• Freepik's CEO emphasizes the need for sustainability and regulation in AI-driven creative content.
• Experts warn about security risks associated with AI and digital IDs, highlighting the potential for stolen biometric data to be used maliciously.

Allen Institute to lead national AI project with $152M funding

The Allen Institute for AI (Ai2) will lead a national AI project with $152 million from the National Science Foundation and Nvidia. The project, called OMAI, will build open AI models for science. Ai2 will use the money to create AI models for fields like materials science and biology. Nvidia will provide hardware, and the project aims to make the U.S. a leader in AI research.

Ai2 gets NSF and Nvidia support for open AI models

The National Science Foundation (NSF) and Nvidia are partnering with Ai2 to create open AI models for U.S. scientists. NSF will give $75 million, and Nvidia will add $77 million for the OMAI project. Ai2 will lead the project to build AI models for science. The goal is to help researchers analyze data faster and make new discoveries in fields like biology and energy.

Nvidia, NSF team up with Ai2 for AI scientific research

Nvidia, the National Science Foundation, and Ai2 are working together to create AI models for scientific research. The OMAI project aims to improve U.S. AI infrastructure for science. The AI models will process different types of data to help researchers in fields like biology and energy. Nvidia is providing $77 million in hardware and software, while NSF is contributing $75 million.

US uses trackers to monitor AI chip shipments to China

U.S. authorities are secretly putting location trackers in AI server shipments. This is to catch illegal diversions of chips to China. The trackers are placed in shipments under investigation. They help build cases against those breaking export rules. Some Dell and Super Micro servers with Nvidia and AMD chips have been found with trackers.

US secretly tracks AI chip shipments ending up in China

The U.S. is secretly tracking shipments of advanced computer chips to see if they illegally end up in China. Authorities are placing tracking devices in select shipments under investigation. This is to build cases against smugglers violating U.S. export controls. The trackers are hidden in the packaging of servers from Dell and Super Micro that contain chips from Nvidia and AMD.

Freepik CEO on AI's impact on creative content and energy use

Freepik's CEO, Joaquin Cuenca Abela, discusses how AI is changing creative content. He notes AI tools help designers and marketers but raise questions about sustainability and regulation. Abela says AI is useful and its market will grow. He also addresses energy use in AI image and video generation. Licensing and IP concerns are major hurdles for enterprises using AI, he adds.

Q FACTOR announces AI trading software for SPX and ES scalps

Q FACTOR is launching its AI-powered trading software, Q FACTOR ALGO. It helps traders analyze and execute setups for 0DTE SPX options and ES MINI scalps. The software has 12 modules and uses machine learning. It aims to help traders make data-driven decisions instead of reactive ones. The pre-launch phase offers 15 days of free observation.

AI and digital IDs create security risks, expert warns

Digital IDs are becoming more common, but AI creates new risks. AI can improve digital ID security, but also makes them vulnerable. Stolen biometric data can train AI for malicious purposes. Compromised biometric data cannot be changed, leading to identity theft. Governments must protect digital ID systems with strong data measures and regulations.

Legit Security enhances AppSec scanning with AI-native capabilities

Legit Security has launched AI-native SCA and SAST features to improve application security. The new features help teams make better decisions and reduce risks in modern applications. They also help manage risks from AI coding tools like GitHub Copilot. The updates expand coverage to AI-specific vulnerabilities, such as prompt injection and insecure AI models.

Philips invests $150M to grow AI health tech offerings

Philips plans to invest over $150 million in U.S. manufacturing and research for AI health tech. The company is expanding its plant in Reedsville, Pennsylvania, which makes AI-enabled ultrasound systems. This investment adds to Philips' $900 million annual R&D spending in the U.S. The expansion will create new jobs and help Philips deliver better healthcare solutions.

Cisco expects hardware boost from AI in enterprise segment

Cisco expects its enterprise business to grow as AI adoption increases. The company anticipates more network traffic as AI use expands. Cisco is rolling out new networking gear to meet this demand. Enterprise product orders increased 5% in the last quarter. Cisco's CEO says network modernization is key to deploying AI.

DOL offers $30M in AI and skilled trades training grants

The U.S. Department of Labor (DOL) will provide $30 million in grants for workforce training. The grants will help address worker shortages in high-demand industries. These industries include manufacturing and AI. The grants will go to state workforce agencies to expand training programs. The goal is to help American workers and employers succeed.

Sources

• Allen Institute for AI lands $152M from Nvidia and NSF to lead national AI project
• NSF and NVIDIA partnership enables Ai2 to develop fully open AI models to fuel U.S. scientific innovation
• NVIDIA, NSF join forces with nonprofit to bring AI to scientific research
• U.S. Reportedly Uses Trackers In AI Chip Shipments
• Fortune Tech: Typically hidden
• Freepik's CEO tells us how energy efficiency and IP concerns are reshaping Generative AI
• Q FACTOR Announces Pre-Launch of AI-Powered SaaS Trading Software for ZERO DTE SPX & ES MINI Scalps
• National digital IDs in the age of artificial intelligence
• Legit Security Launches AI-Native SCA and SAST Capabilities to Boost AppSec Scanning for AI-First Development
• Philips to invest more than $150M to expand AI health tech offerings
• Cisco banks on hardware refresh as AI boosts enterprise segment
• DOL to provide $30M in training grants on AI, skilled trades