With everyone competing towards supremacy in artificial intelligence, the latest country to intensify its efforts has been Britain. As reported by Reuters, British Prime Minister Keir Starmer said on Monday, January 13th, that he wanted to make the UK an artificial intelligence “superpower”. To reach this goal, the Prime Minister has promised to take a pro-innovation approach to regulation, make public data available to researchers, and create zones for data centers.
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Starmer plans to make artificial intelligence a key part of his strategy to boost the economy. According to the government, the technology could improve productivity by 1.5% a year, translating to an extra 47 billion pounds ($57 billion) annually over a decade.
“Britain will be one of the great AI superpowers. We’re going to make the breakthroughs, we’re going to create the wealth, and we’re going to make AI work for everyone in our country”.
-Starmer said at University College London, noting that the country was already the European leader for AI investment.
Another country that has been actively striving towards reaching supremacy when it comes to AI has been the US. In its latest efforts, the US government is moving to restrict artificial intelligence chip and technology exports further. Dozens of countries will be facing new restrictions on the export of advanced computer chips and other artificial intelligence (AI) technology. According to officials, the new rules are intended to make sure that “the world’s AI runs on American rails” and keep it out of the hands of “malicious actors” who could use it to threaten the United States.
Even though the US government may think it’s heading in the right direction, many top tech companies don’t necessarily agree.
“In the wrong hands, powerful AI systems have the potential to exacerbate significant national security risks, including by enabling the development of weapons of mass destruction, supporting powerful offensive cyber operations, and aiding human rights abuses, such as mass surveillance”.
-US Commerce Department
Chipmaker Nvidia is also against these restrictions and will be the most impacted by the plan. According to the chipmaker, if the restrictions are implemented, they would not “mitigate any threat” but only “weaken America’s global competitiveness” and undermine its innovation.
“By attempting to rig market outcomes and stifle competition—the lifeblood of innovation—the Biden Administration’s new rule threatens to squander America’s hard-won technological advantage”.
-The company said.
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10. Stem, Inc. (NYSE:STEM)
Stem, Inc. (NYSE:STEM) is a global leader in artificial intelligence (AI)-enabled clean energy software and services. On January 14, the company announced that its solar monitoring and optimization solutions will support the commercial operation of a 484 megawatt (MW) solar portfolio for Neovolt, one of the largest asset owners in Hungary. The five-year agreement is the company’s largest software deal in EMEA, demonstrating its AI-driven value and utility-scale traction in Eastern Europe. It will allow Stem’s AI-powered PowerTrack Web, its software platform, to monitor, optimize, and control eight utility-scale sites in Hungary. This will in turn enhance plant performance through real-time updates, enhanced forecasting, and robust troubleshooting and security measures. The collaboration underscores how Stem’s AI solutions are transforming renewable energy management.
“Stem continues to strengthen its leading position in utility-scale clean energy asset monitoring and control across the growing Eastern European market. We are proud to have supported the successful commissioning of Neovolt’s renewable energy portfolio with our edge-to-cloud solutions. This five-year agreement reflects the culmination of Stem’s commitment and expertise in supporting seamless project execution and management of large-scale renewable asset portfolios”.
-Sebastian Grenz, Managing Director of EMEA at Stem.
9. Blaize Holdings, Inc. (NASDAQ:BZAI)
Blaize Holdings, Inc. (NASDAQ:BZAI) provides purpose-built, artificial intelligence (“AI”)-enabled edge computing solutions. On January 16, the company announced that it had entered into a strategic partnership with alwaysAI, a leader in computer vision solutions. The collaboration will leverage alwaysAI’s advanced computer vision technology with Blaize’s AI-enabled edge computing solutions. Together, these capabilities will lead to innovative physical AI solutions so that businesses can operate with real-time insights, increased productivity, and greater operational efficiency. The partnership is expected to enable businesses to deploy alwaysAI’s computer vision applications on Blaize’s edge computing platforms. In turn, it will ensure that enterprises can receive and act on this data securely at the edge.
“Blaize is committed to providing high-performance AI edge computing solutions, and partnering with alwaysAI allows us to enhance our offerings with robust computer vision capabilities. Together, we will enable our customers to unlock new insights and capabilities, improving their operational effectiveness and protecting their data”.
-Dinakar Munagala, Co-Founder and CEO of Blaize.