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The Atlanta Fed estimates delays faced by claimants in COBOL-based unemployment insurance systems cut US GDP by at least $40B between March 13 and year-end 2020 (Bryce Elder/Financial Times)

Bryce Elder / Financial Times : The Atlanta Fed estimates delays faced by claimants in COBOL-based unemployment insurance systems cut US ...

4 November 2024

Physical Intelligence, which plans to use AI to create brains for robots, raised $400M led by Jeff Bezos, Thrive Capital, and Lux Capital at a $2B valuation (Michael J. de la Merced/New York Times)

Michael J. de la Merced / New York Times:
Physical Intelligence, which plans to use AI to create brains for robots, raised $400M led by Jeff Bezos, Thrive Capital, and Lux Capital at a $2B valuation  —  The start-up raised $400 million in a funding round with investments from the likes of Jeff Bezos, Thrive Capital and OpenAI.

Posted from: this blog via Microsoft Power Automate.

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