5,000: Jamie Dimon, CEO of JPMorgan Chase, said that he has about 2,000 employees working on data analytics, machine learning, and AI, and he predicts that number will blossom to 5,000 in the next few years. He also said the company has 400 AI-related projects, which should double to 800 in the next year alone.
1 billion: Computer scientist Fei-Fei Li, known as the “godmother of AI,” founded a startup called World Labs four months ago. It’s already valued at $1 billion. World Labs is a computer vision company, focused on understanding three-dimensional objects in the physical world. The company raised $100 million from Andreessen Horowitz and other venture capital firms in its latest funding round.
40: While nearly a quarter of Japanese companies have adopted AI, more than 40% told Reuters in a survey that they have no plans to do so. Another 35% say that they have plans to adopt the technology in the future. The AI industry is trying to prove itself not only to consumers but also businesses, so corporate adoption is key to its long-term success.
11,000: The college football video game “EA Sports College Football 25” is already a sensation in the US — a long-anticipated follow-up after the game studio ceased its college football title more than a decade ago. In order to build the real on-field players, EA used AI technology to turn 11,000 player headshots into in-game avatars in mere seconds.The day before the United States and Israel struck Iran on February 28, more than 150 accounts on Polymarket correctly bet it would happen on that specific date.
In this “ask ian,” Ian Bremmer breaks down the latest developments in the Middle East, highlighting a new five-point peace initiative from China and Pakistan.
Last week, Microsoft announced Microsoft Elevate for Changemakers, a new initiative designed to help nonprofit leaders confidently navigate the AI era. The program provides essential AI credentials, access to a peer community, and role-based resources to support responsible, mission-driven AI adoption. Part of Microsoft’s broader Elevate commitment, the initiative builds on the company’s 50-year legacy of supporting nonprofits worldwide. Microsoft partners with nearly one million nonprofit and education organizations globally and will deliver more than $5 billion in discounts, donations, and grants in the coming year. By equipping those closest to social challenges with the tools to lead, Microsoft Elevate for Changemakers helps ensure nonprofits remain at the forefront of AI-powered solutions. Read the full blog here.
The US president has now suggested several times that the Iran war could end without reopening the Strait of Hormuz.