AI and Tech News: Your Daily Dose from OWITH.ai

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. In a recent article, the debate over whether AI will replace human coders in the near future was discussed. The author, Gary Marcus, criticized claims that AI will be able to write almost all code within a year. He cited a recent test where seven people failed to build a simple clone of the game Pac-Man using AI coding tools. Marcus argues that while AI can enhance productivity and assist coders, it cannot replace human understanding of debugging, system architecture, and client needs. It was emphasized that coders and software architects are not on their way out and that AI should be seen as a tool to help people write code rather than a replacement. Marcus concluded by suggesting that if individuals struggle to recreate Pac-Man using AI tools, they will face even greater challenges in building more complex software in the future.Moving on to funding news, Causal Labs, a startup founded by ex-Cruise machine learning engineers, has raised $5.5 million for AI weather prediction. The company aims to provide more specific and real-time weather updates tailored to users' locations by interpreting and recommending optimal actions. They are testing their technology in various industries where accurate weather forecasts are essential. Other startups like Celestial AI, Mesh, Norm AI, Scimplify, and Infinite Uptime have also secured significant funding rounds in various sectors. In the IPO space, Hinge Health has filed to go public on the NYSE, reflecting the company's growth in the healthcare industry. Overall, there is continued investor interest in innovative technologies across different sectors, with a focus on AI-driven solutions to address complex challenges.Shifting gears to tech updates, Meta is testing its first in-house AI training chip to reduce reliance on suppliers like Nvidia and lower infrastructure costs. Google's stake in Anthropics has been revealed, with the search giant owning 14% but having little control. X, Elon Musk's project, faced a cyberattack, potentially by a pro-Palestinian hacker group, but the true culprit remains unknown. Other news includes Apple's new MacBook Air review, Intel's foundry ownership discussions with TSMC, Oracle's $130 billion in future contracts, Starlink coming to India through a deal with Airtel, Spotify's $10 billion in royalties paid in 2024, Uber's failed acquisition of Foodpanda Taiwan, and Waymo expanding in Silicon Valley.In other news from the business world, corporate leaders expressed pessimism towards Trump's trade policies at the Yale CEO Caucus. Concerns included tariffs, potential recession, opportunity costs, talent challenges, and consumer spending. Updates on Ukraine's peace plan, escalating tariff wars, market trends, companies like Tesla and Kohl's were also discussed. Unilever's social media marketing vision and Meta's alleged collaboration with China on censorship were highlighted as well.That wraps up today's highlights from the world of AI and tech news. Stay tuned for more updates!

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