GZERO AI
Hard Numbers: Doctor vs. machine, Pony rides to an IPO, Hot chips, Foxconn’s crazy demand
a robot that is standing on one foot
Photo by julien Tromeur on Unsplash
4.5 billion: A Chinese self-driving car company, called Pony AI, is attempting to go public on the Nasdaq stock exchange. The company, which is backed by the Japanese automaker Toyota among others, is seeking a $4.5 billion valuation for its initial public offering. The company previously tried to go public in the US through a blank-check company, but plans fell apart when China cracked down on such deals.
72: Nvidia's new Blackwell AI chips are reportedly overheating when installed in server racks designed to hold 72 chips. The company has already faced delays due to design flaws with these chips and is now asking suppliers to modify the designs of the racks numerous times. This issue could further delay sales to the largest tech companies in the world, such as Google and Meta.
Could AI deepen global inequality or help close the gap? Lisa Monaco, President of Global Affairs, Microsoft, says it all comes down to trust. She argues that “people won’t use technology that they don’t trust,” especially as geopolitical tensions raise concerns about the reliability and resilience of digital infrastructure.
Moscow also launched 23 cruise missiles and seven ballistic missiles at Ukrainian cities, including the city of Lviv, which is near the Polish border and not usually targeted.