CoreWeave has become the first cloud provider to install Nvidia's next‑generation Blackwell Ultra GPUs, having received Dell‑built GB300 NVL72 systems housing 72 Blackwell GPUs and 36 Grace CPUs. With Nvidia's high-end chips so in demand, the announcement comes, as a milestone as the systems are expected to ship in volume later this year. Nvidia predicts that, in comparison to Blackwell, Blackwell Ultra will "produce 50 times more AI content." The news also briefly put Nvidia on track to become the most valuable company ever at a peak of $3.92 trillion, which would have edged out Apple's $3.915 trillion.
The Republican-led US Senate voted an overwhelming 99-1 to remove a proposed 10-year ban preventing state-wide AI regulation from President Trump's tax-cut and spending bill. Many tech giants, such as Google and OpenAI, expressed support for Congress taking AI regulation out of the hands of states, arguing that it would preserve uniform innovation rules nationwide. However, many advocated that states must retain authority to protect children, artists, and public safety in the absence of federal rules - an amended bill later passed 51-50.
Ilya Sutskever has taken over as CEO of Safe Superintelligence (SSI) with co-founder Daniel Levy stepping in as president after co-founder Daniel Gross left the company on June 29. Sutskever, who launched SSI in 2024 after leaving OpenAI as its chief scientist, said the company remains focused solely on developing, as the name implies, "safe superintelligence" in SSI's independent vision. Though his name wasn't on Bloomberg's earlier list of Meta's 11 new hires, Daniel Gross has joined Zuckerberg's newly formed AI unit in a new development after Meta failed to acquire the $32-billion SSI weeks prior.
Amazon has reached a celebratory milestone as it deployed its 1 millionth warehouse robot, marking 13 years since it began automating fulfillment centers. Following such, Amazon also released DeepFleet, a generative AI model trained on its warehouse data and build with SageMaker, its AWS AI cloud studio, to optimize routing and boost fleet speed by 10%, according to the company. Roughly 75% of Amazon’s global deliveries are now assisted by robots in some capacity, and that figure is likely to rise with its commitment to "next-generation fulfilment centers" that could house up to 10x more robots than current ones.
Europe's AI Act provisions for regulating general-purpose AI are due on August 2, yet many major tech players, including Google, Meta, and Mistral, and domestic firms have begun urging a postponement that could delay the AI Act by years. A consortium of 45 European companies have called for a two-year pause on actual enforcement until missing standards are finalized as the AI Code of Practice has yet to be published. This includes a lack of practical compliance guidelines for risk-assessment and transparency for foundation models, ranging from documentation to bias testing, which ultimately lead to the recent movement.
London-based AI voice startup ElevenLabs recently revealed its plans to become IPO-ready within five years, targeting global expansion as it looks to set up shop in Europe, Asia, and South America. Company CEO and co-founder Mati Staniszewski highlighted specific potential new hubs in Paris, Singapore, Brazil, and Mexico, alongside its existing offices in New York, Warsaw, San Francisco, Japan, India, and Bangalore. Valued at $3.3 billion after a $180 million Series C, ElevenLabs executives say it will scale operations "if the market is right," though it hasn't decided where it would want to list yet.