AI News

Follow the latest AI and automation news

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

European Parliament looks to amend AI Act

The European Parliament and member states have agreed to amend the AI Act and delay its implementation due to pressure from the tech ecosystem. Key amendments include extending the timeline for high-risk AI systems by up to 16 months, with compliance deadlines for legal requirements on AI in products like toys pushed to August 2028. AI-related machinery will be excluded from the Act, as it falls under existing sectoral rules.

Business

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Anthropic Plans to Raise Billions for Computing Expansion

Anthropic aims to raise up to $50 billion this summer, according to a Financial Times report. This funding is intended to enhance its computing capabilities, potentially increasing its market valuation to nearly $1 trillion. Current reports indicate that the company's market value stands at approximately $380 billion, suggesting significant growth in the coming months. This move comes amid intense competition among major AI firms to meet the rising demand for computing infrastructure.

Governance

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

US Investigates Smuggling of Nvidia Chips to China

The US suspects advanced Nvidia chips were smuggled to China via Thailand, involving servers from Supermicro. Investigations indicate that a Southeast Asian intermediary, believed to be Aubon Corp, facilitated shipments of these chips, raising concerns about AI technology smuggling. Reports suggest this network may have contributed to the smuggling of up to $2.5 billion in US technology, highlighting the critical need for compliance with US export regulations.

💡

Anthropic and SpaceX enter into a compute deal

What implications does this deal have for the future of AI technology?

Business

Happy Horse: From Anonymous AI Video Dark Horse to E-commerce Workhorse — The Reality Behind the SOTA Hype

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Business

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Happy Horse: From Anonymous AI Video Dark Horse to E-commerce Workhorse — The Reality Behind the SOTA Hype

Alibaba's AI video model, Happy Horse, topped the global leaderboard in April, surpassing ByteDance's Seedance 2.0. However, testing revealed it is tailored for e-commerce content production rather than general cinematic use, struggling with complex scenes. While Happy Horse excels in fixed close-ups, it falters in motion and physical interactions, highlighting a gap between its leaderboard ranking and real-world performance.

Agents

Genesis AI Releases GENE-26.5: Humanoid Robot Finally Takes On Tomato and Egg Stir-Fry

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Agents

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Genesis AI Releases GENE-26.5: Humanoid Robot Finally Takes On Tomato and Egg Stir-Fry

Genesis AI has launched the GENE-26.5, its first robot foundation model system, showcasing impressive capabilities. The robot can autonomously perform tasks like cracking eggs, cutting tomatoes, and solving Rubik's cubes, addressing complex household challenges. These tasks are significant as they require adaptability to unpredictable objects and flexible tool usage. In a cooking demo, the robot successfully completed most steps with a 90-95% success rate, although it struggled with the hardest tasks, achieving only 50-60% success.

Business

Kunluncore Officially Files for STAR Market IPO: Dual-Listing Path in Motion, First to Light 32K GPU Cluster

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Business

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Kunluncore Officially Files for STAR Market IPO: Dual-Listing Path in Motion, First to Light 32K GPU Cluster

Kunluncore, an AI chip company spun off from Baidu, has begun its IPO process on the Shanghai STAR Market. The company signed a tutoring agreement with China International Capital Corporation on April 29, 2026, marking the official start of its IPO. Concurrently, Kunluncore submitted a confidential listing application to the Hong Kong Stock Exchange on January 1, 2026, indicating a dual-listing strategy.

Infrastructure

AMD brings enterprise AI acceleration to existing data centres via MI350P PCIe GPUs

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Infrastructure

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

AMD brings enterprise AI acceleration to existing data centres via MI350P PCIe GPUs

AMD has launched the Instinct MI350P PCIe GPUs, designed to assist organizations in running AI workloads on standard infrastructure. These GPUs allow enterprises to adopt AI without significant redesign of existing setups, facilitating easier integration of AI acceleration. The MI350P features a dual-slot PCIe design, fitting into air-cooled servers and supporting up to eight accelerator cards. With performance reaching 2,299 teraflops and peak performance of 4,600 teraflops using MXFP4 precision, they are suitable for small to large AI models in enterprise data centers.

Arab AI Scene

DTEK.ai and ADNOC Distribution redefine the self-checkout experience

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Arab AI Scene

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

DTEK.ai and ADNOC Distribution redefine the self-checkout experience

DTEK.ai, a UAE AI solutions provider, has signed a strategic agreement with ADNOC Distribution to launch SWIFT, an AI-powered self-checkout solution. This partnership aims to enhance the shopping experience at Oasis by ADNOC stores, reducing checkout times by over 60%. SWIFT utilizes advanced computer vision and machine learning to streamline transactions, contributing to ADNOC's broader AI-driven transformation. DTEK.ai's CEO, Sanad Yaghi, highlighted the solution's potential to deliver faster and more human-centric shopping experiences.

Business

Vidu Claw Launches "100 RMB for Million-Dollar Commercials" Era: Prompt a Video in WeChat, Get a Theater-Grade Ad

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Business

8 May 202621 Dhuʻl-Qiʻdah 1447 AH

Vidu Claw Launches "100 RMB for Million-Dollar Commercials" Era: Prompt a Video in WeChat, Get a Theater-Grade Ad

Shengshu Technology has launched Vidu Claw, an AI system that produces cinema-quality commercials in 30 seconds for about 100 RMB (~$14). Vidu Claw autonomously manages the entire production process, from creative interpretation to delivery, reducing the need for specialized teams. This innovation transforms advertising economics, allowing brands to rapidly test multiple ad variations at minimal cost, fundamentally reshaping traditional production structures.