The Nasdaq 100 fell 5.5% last week, renewing fears that the AI boom is about to turn. Some observers think investors are starting to reassess what AI businesses are really worth, against an estimated $1 trillion of AI investment this year.
Elon Musk has promised SpaceX shares to every American child, while Anthropic plans to give 5% of its capital to charitable causes. Le Monde looks at how tech leaders want to redistribute part of the wealth created by AI without giving up their own interests.
In June, Apple acquired part of the assets of Samplab, a Swiss startup specialising in AI audio editing, and offered jobs to some of its staff. The deal only became public through the European Commission's list of acquisitions.
Town, a startup whose AI agents collaborate with other agents to get work done, has raised $108 million at a $1 billion valuation, only weeks after launching. The Series B was led by Forerunner Ventures and Menlo Ventures, with Andreessen Horowitz also taking part.
In a column for Le Monde, management professor Pierre-Yves Gomez notes that AI tools let anyone check or challenge the authenticity of an expert's work. He asks what will define expert work in the future.
The Barcelona Supercomputing Center's AI Factory Accelerator Programme is now fully running after a pilot, offering startups sovereign compute, technical support and training. Many of the participating companies are also part of NVIDIA's Inception startup programme.