All articles tagged with #industrial ai
Goldman Sachs says the next AI surge will move from software into the physical economy—boosting AI infrastructure investments in factories, mines, utilities and oil rigs. The firm estimates about $7.6 trillion globally will be spent on AI infrastructure (compute, data centers, and power) from 2026–2031 as automation accelerates in industry.
EU negotiators reach a deal to push back the AI Act’s high-risk provisions to December 2027, grant an industrial AI carve-out under machinery rules, shorten the AI-generated content watermarking grace period to three months, and maintain bans on sexualized deepfakes and child pornography, reflecting industry and U.S. pressure while preserving citizen protections.
Bezos’s AI lab, Project Prometheus, is close to a $38 billion valuation after a funding round that began with about $6.2 billion raised in November and has drawn demand from investors including JPMorgan Chase and BlackRock. The San Francisco startup, Bezos’s first operational venture since stepping down as Amazon’s CEO in 2021, is building physics‑aware AI for industrial applications to speed up engineering and manufacturing. It is also raising a separate investment holding company to acquire stakes in businesses it expects will be disrupted by its technology, with data from portfolio companies to train Prometheus’s AI. The round is expected to close soon as the firm expands its staff, including hires from OpenAI and other AI teams.