Musk: Tesla is building its own AI chips

In an unsurprising revelation, Tesla CEO Elon Musk has finally admitted his company is building its own AI chips. Tesla is a pioneering and forward-looking company and, as our readers know well, AI is the future of just about everything. It would have been a safe bet Tesla intends to be at the forefront. During a Tesla-hosted party at the NIPS intelligence conference in Long Beach, which has been called ‘draft day’ for how AI companies use it to recruit talent, Musk told attendees: "I...

Budget: UK to boost ‘industries of the future’ funding – including AI, IoT, and driverless cars

The latest budget from the UK government increases financial support for the ‘industries of the future’ which includes AI, IoT, and driverless cars. As the UK prepares to depart the EU, the Chancellor of the Exchequer is boosting funding of industries where the UK is already emerging a leader to help solidify its position on the world stage. £75 million will be set aside for artificial intelligence to build on the existing success stories from the likes of Cambridge-based DeepMind...