NewsFeed

April 18, 2025

Johnson & Johnson Invests in Generative AI Technology

Johnson & Johnson is investing in AI technology, including a generative AI copilot for sales representatives and an internal chatbot for employees, as well as tools for drug discovery and supply chain risk mitigation. According to a report, 90% of C-suite executives at healthcare firms with over $1 billion in annual revenue have seen a positive return on investment from their previous generative AI investments. Apple is also developing an AI agent that can provide medical advice, while healthcare firm Suki has raised $70 million in funding for its AI-powered products, including a voice assistant used by clinicians. Microsoft recently unveiled AI-powered products to help doctors analyze medical data.

https://www.pymnts.com/news/artificial-intelligence/2025/johnson-15percent-ai-use-cases-deliver-80percent-value/

April 18, 2025

LexisNexis' Sean Fitzpatrick Sees Tech Revolutionizing Law

LexisNexis' Sean Fitzpatrick discussed the evolving landscape of legal technology, highlighting the importance of innovation in the industry. At Legalweek 2025, Day Pitney's Ashley Picker Dubin emphasized the need for lawyers to develop new skills to stay competitive. Meanwhile, Actfore's Christian Geyer shared insights on how artificial intelligence can enhance legal processes, but also warned about potential risks and challenges.

https://www.law.com/legaltechnews/2025/04/18/more-regulation-foreign-taxes-legal-techs-trade-war-worries-go-beyond-tariffs/

April 18, 2025

Nvidia's Jensen Reassures China on Business Ties

Nvidia CEO Jensen Huang's surprise visit to Beijing aimed to reassure officials and clients that the company will maintain business ties with China despite US restrictions. During his meeting with Chinese Vice-Premier He Lifeng, Huang sought to convey Nvidia's commitment to China amid tightened semiconductor export controls from the US.

https://www.scmp.com/tech/big-tech/article/3307066/tech-war-nvidia-ceos-china-visit-seen-sign-market-commitment-amid-us-restrictions?module=top_story&pgtype=section

April 18, 2025

Nvidia Abandons AI Chip Sales in China Suddenly

Nvidia Corp. has announced it will not be able to sell its customized artificial intelligence chips in China, contradicting a previous deal safeguarding the H20 chips. The move caught markets off guard, just days after Nvidia committed a half-trillion-dollar US investment and a dinner meeting with President Donald Trump at Mar-A-Lago.

https://news.bloomberglaw.com/tech-and-telecom-law/nvidia-chips-dont-belong-in-the-trade-war-catherine-thorbecke

April 18, 2025

Nvidia's AI Chip Deal Falls Through in China Suddenly

Nvidia Corp. has announced it will not be able to sell its customized artificial intelligence chips in China, contradicting a previous deal safeguarding the H20 chips. The move caught markets off guard, just days after Nvidia committed a half-trillion-dollar US investment and following a dinner meeting at Mar-A-Lago where CEO Jensen Huang was said to have secured the deal.

https://news.bloomberglaw.com/artificial-intelligence/nvidia-chips-dont-belong-in-the-trade-war-catherine-thorbecke

April 18, 2025

Nvidia Hit with $5.5 Billion US Fine

Nvidia, a US-based company, has been hit with a $5.5 billion fine due to the China trade war. The penalty was imposed by the US government as part of its efforts to limit China's access to advanced US chips and technology, particularly in the field of artificial intelligence (AI). In 2022, the Biden administration restricted the export of Nvidia's H100 and A100 chips, while the Trump administration further limited the company's business with China this week by imposing curbs on its H20 chip.

https://www.firstpost.com/world/chipmaker-giant-nvidia-in-the-crosshairs-of-trump-china-trade-war-13881064.html

April 18, 2025

Nvidia's Huang Courts China Amid Chip Ban

Nvidia CEO Jensen Huang expressed his desire to continue cooperation with China during a meeting with Ren Hongbin, head of the China Council for the Promotion of International Trade. The visit comes as the US has imposed a ban on Nvidia's H20 artificial intelligence chips, which are the only compliant AI chip Nvidia can sell legally in China.

https://www.malaymail.com/news/money/2025/04/17/nvidia-boss-jensen-huang-says-china-very-important-market-as-us-restricts-sales-of-h20-chips/173431

April 18, 2025

UK Invests Heavily in Cloud Infrastructure for AI

The UK is investing heavily in cloud infrastructure to lead the next phase of artificial intelligence (AI) transformation, according to Snowflake VP James Hall. However, businesses face challenges when adopting AI at scale, with unstructured data being the biggest hurdle. EY's Catriona Campbell emphasizes the need for businesses to build worker confidence and demonstrate the value of AI, while also addressing concerns over privacy and security, which are cited as major issues by 71% of UK business leaders.

https://www.techradar.com/pro/british-businesses-are-getting-used-to-ai-at-work-but-there-are-still-plenty-of-hurdles-to-overcome

April 18, 2025

Google Invests $700M in NYC AI Research Facility

Google is investing $700 million in a new AI research facility in New York City, led by Dr. John Giannoulias, to develop its conversational AI capabilities. The facility, called the "New York AI Lab," will focus on creating more natural and intuitive interfaces for users. This investment is part of Google's broader efforts to enhance its search engine and provide more accurate results.

https://www.searchenginejournal.com/partner-resources/ai-search-seo-content-marketing-trends-and-predictions-for-2025/