Friday, 20 March 2026
Uber has entered a partnership with Rivian, committing up to $1.25 billion to acquire up to 50,000 autonomous R2 robotaxis, starting with an initial investment of $300 million. The first phase involves the purchase of 10,000 vehicles, with plans for deployment in San Francisco and Miami by 2028, and expansion to 25 cities in North America and Europe by the end of 2031.
Meta Platforms Inc. announced it will reduce its reliance on third-party content moderators in favor of advanced artificial intelligence systems for content enforcement. The company stated that early tests have shown AI tools can detect twice as much adult sexual solicitation content compared to human reviewers, while also identifying and mitigating around 5,000 scam attempts daily. Meta plans to deploy these AI systems across its apps to improve the accuracy and efficiency of content moderation.
Alibaba Group Holding Ltd. announced a target to exceed $100 billion in annual revenue from its artificial intelligence and cloud businesses within five years, driven by increasing AI demand. This announcement follows a 67% drop in profit for the latest quarter, despite a 36% increase in cloud revenue to 43.3 billion yuan ($6.2 billion). CEO Eddie Wu highlighted the company's ongoing investments in AI infrastructure and the launch of new AI tools, while also noting the challenges posed by rising costs and competition in the food delivery sector.
Defense Secretary Pete Hegseth's directive to discontinue the use of Anthropic's Claude AI at the Pentagon has faced significant pushback from military personnel and contractors, who argue that transitioning to a new platform is complex and counterproductive. Hegseth classified Anthropic as a 'supply chain risk' on March 3, 2026, prohibiting its use with a six-month phase-out period, yet many users consider Claude superior to alternatives like xAI's Grok. The challenges of replacing Claude include lengthy recertification processes for classified systems and a loss of productivity, as tasks previously automated are now being performed manually.
Nvidia Corp. Chief Executive Officer Jensen Huang urged tech leaders to avoid fearmongering about artificial intelligence during a panel at the company's technology conference. He emphasized the importance of warning about the technology's capabilities without inciting unnecessary fear, as he believes that negative sentiments could hinder the adoption of AI in the U.S. Huang also expressed optimism about Anthropic PBC's financial prospects, predicting it could exceed $1 trillion in revenue by 2030, despite its ongoing legal disputes with the Trump administration over military contract terms.
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