MIT Researchers Develop AI That Can Predict Extreme Weather Beyond Historical Records
Researchers at MIT have developed an AI system designed to forecast extreme weather scenarios that have never appeared in a region’s historical record. The system, developed by mechanical engineering graduate student Kai Chang and Professor Themis Sapsis, can generate maps of statistically plausible extreme events while estimating their intensity, duration, and geographic impact. The researchers […]
Gatik Secures $200 Million to Expand Driverless Freight Operations
Gatik has raised $200 million in Series D funding as the autonomous trucking company looks to accelerate the expansion of its driverless freight network across North America. The funding round was led by Qatar Investment Authority and Koch Disruptive Technologies, with participation from Millennium Management, ARK Invest, Intact Private Capital and other investors. Gatik says […]
Nvidia’s AI Investments Are Creating a New Financing Loop
Nvidia is increasingly financing the companies that buy its chips, creating a capital cycle that could help fuel the next phase of the AI infrastructure boom. The company has committed nearly $50 billion to AI laboratories and has lined up partnerships intended to facilitate more than $500 billion in outside financing for AI infrastructure. Nvidia’s […]