In other news, Amazon has appointed Samir Kumar as the new head of its India consumer business, and California Governor Gavin Newsom has signed some of America's toughest laws regulating the artificial intelligence sector. Personal genomics company 23andMe went public in early 2021 via a merger, but has since seen its fortunes decline. Meanwhile, NASA has contracted Intuitive Machines to build Earth-moon communications infrastructure, and JPMorgan Chase is reportedly in talks to take over the Apple Card business from Goldman Sachs.
Key takeaways:
- Investment firm BlackRock is launching a $30 billion AI-focused fund in partnership with Microsoft and Abu Dhabi-backed MGX. The fund will focus on creating data centers and funding energy infrastructure to support AI.
- California Governor Gavin Newsom has signed some of America’s toughest laws regulating the artificial intelligence sector, including laws against AI deepfakes that could influence elections.
- Amazon has appointed long-time executive Samir Kumar as the new head of its India consumer business, following the resignation of its domestic business’ head.
- United Airlines has signed an agreement with SpaceX to bring its Starlink internet service to its entire fleet and offer free Wi-Fi to all passengers.