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Amazon reportedly to spend $150B to build data centers needed for AI boom, ‘get closer to customers’

Race Speeds Up. Wallets open up. Agi 2025–2029.


Amazon is reportedly planning to spend a whopping $150 billion within the next 15 years on building data centers — a move that will position the tech giant to be able to handle an expected explosion with artificial intelligence applications and other digital services.

The spending spree, earlier reported on by Bloomberg, will also allow Amazon to maintain its top spot in the cloud services market, where it holds roughly twice the share of No. 2 player Microsoft.

“We’re expanding capacity quite significantly,” said Kevin Miller, a vice president at AWS, or Amazon Web Services, Amazon’s cloud computing subsidiary used by upwards of 1.45 million businesses, according to an internal report.

The Person Who Was in Charge of OpenAI’s $175 Million Fund Appears to Be Fake

Is anything ever normal in the AI industry?

A doozy of a scoop by the newsletter Nongaap Investing and extensively followed up by Business Insider certainly makes us wonder. The gist is that for a period of time in 2023, the person in charge of OpenAI’s $175 million startup fund appears to have been completely fake — and OpenAI says the documents filed with the California Secretary of State to put the fake person in charge were “completely fabricated.”

Head spinning yet? Us too. OpenAI is almost certainly the hottest startup on the planet right now, and it sounds like someone pulled an extrardinary fast one on it, with unclear goals. And lest you think this is some unimportant position, the person now running the fund is none other than OpenAI’s mercurial CEO, Sam Altman.

Novel quantum algorithm proposed for high-quality solutions to combinatorial optimization problems

Combinatorial optimization problems (COPs) have applications in many different fields such as logistics, supply chain management, machine learning, material design and drug discovery, among others, for finding the optimal solution to complex problems. These problems are usually very computationally intensive using classical computers and thus solving COPs using quantum computers has attracted significant attention from both academia and industry.

Better and faster design of organic light-emitting materials with machine learning and quantum computing

Over the past decade, organic luminescent materials have been recognized by academia and industry alike as promising components for light, flexible and versatile optoelectronic devices such as OLED displays. However, it is a challenge to find suitably efficient materials.

To address this challenge, a joint research team has developed a novel approach combining a machine learning model with quantum-classical computational molecular design to accelerate the discovery of efficient OLED emitters. This research was published May 17 in Intelligent Computing.

The optimal OLED emitter discovered by the authors using this “hybrid quantum-classical procedure” is a deuterated derivative of Alq3 and is both extremely efficient at emitting light and synthesizable.

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