Work is being conducted as part of a…

Technology will extend operational reach and counter autonomous systems

EL SEGUNDO, Calif., Nov. 14, 2024 /PRNewswire/ — Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the U.S. Army to work on directed energy wireless power beaming capabilities that will distribute power across the battlefield, simplify logistics, and safeguard locations for U.S. troops.

Work is being conducted as part of a larger effort under the Department of Defense’s Operational Energy Strategy. Under the contract, Raytheon’s Advanced Technology team will develop advanced wireless power transmitter and receiver technologies to enable a long-range demonstration in line with the needs of U.S. Army manned and unmanned system requirements.

Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world’s biggest asset manager.

The first casualties of generative AI offer clues as to when a business may be strengthened by the technology—and when it will be upended. Examining them suggests three lessons for firms.

Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday.

Founder and CEO of Figure AI Brett Adcock says that robotics is now an AI business, and that they have access to all the H100s they want from Microsoft, while their partnership with OpenAI will lead to robots that can reason and plan. — - — 👉 Before you go 👋 If you want to keep up with the latest news on AI startups and how they’re changing the world, join 1000+ subscribers reading our newsletter for FREE! Link in bio. — - — #brettadcock #figureai #robots #robotics #airobot #todayinai

Jensen Huang says that a trillion dollars is being spent on data centers to enable the next, biggest wave of AI to revolutionize business productivity. — - — 👉 Before you go 👋 If you want to keep up with the latest news on AI startups and how they’re changing the world, join 1000+ subscribers reading our newsletter for FREE! Link in bio. — - — #jensenhuang #nvidia #datacenter #datacenters #aidata #artificialintelligence #aitakeover #todayinai

The chess pieces of artificial intelligence are being dramatically rearranged. While previous iterations of AI focused on making predictions or generating content, we’re now witnessing the emergence of something far more sophisticated: AI agents that can independently perform complex tasks and make decisions. This third wave of AI, known as ‘agentic AI,’ represents a fundamental shift in how we think about and interact with artificial intelligence in the workplace.

To appreciate where we’re heading, it’s essential to understand where we’ve been. “The first wave was really predictive AI,” explains Silvio Savarese, Executive Vice President and Chief Scientist of Salesforce AI Research. This initial wave enabled businesses to forecast trends and make data-driven decisions. The second wave brought us generative AI, which Savarese describes as the ability to “generate content and allow conversations with humans.” Now, we’re entering the third wave — agentic AI — where AI systems can autonomously execute tasks and interact with other AI agents.