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Latest Arm IPO filing targets $52b valuation

Arm’s SEC IPO filing was updated this morning to propose a $47 to $51 share price. The British chip maker could be worth over $52 billion. As major hardware manufacturers have adopted its architecture, the company has had a good few years. Arm’s clients include Apple, Google, Samsung, NVIDIA, and …

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Will AI models always hallucinate?

Large language models (LLMs) like OpenAI’s ChatGPT all lie. The mistakes range from bizarre and harmless—claiming the Golden Gate Bridge was transported across Egypt in 2016—to dangerous and problematic. A mayor in Australia threatened to sue OpenAI after ChatGPT misrepresented his plea to a major bribery scandal. Researchers found that …

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MPs warn policymakers aren’t keeping up with AI rulebook, so UK government urged against delay

A UK parliamentary committee investigating artificial intelligence’s opportunities and challenges has urged the government to reconsider its decision not to introduce legislation to regulate the technology in the short term and to make an AI bill a ministerial priority. Committee chair Greg Clark writes in a statement today accompanying the …

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