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Jon Keegan

AI pioneers win Nobel Prize

The Nobel Prize awards don’t have a category for computer science. But that didn’t stop the Royal Swedish Academy of Sciences from bestowing The 2024 Nobel Prize in Physics to two pioneers in the field of artificial intelligence: John J. Hopfield and Geoffrey E. Hinton.

The pair was recognized for their foundational work on artificial neural networks (ANN), a core technology underlying today’s explosion of innovative AI tools.

Taking inspiration from the structures of the brain, ANNs mimic how neurons are connected via synapses, providing a way for computers to store and retrieve information.

In 2018, Hinton won the Turing Award, considered one of the highest honors in the field of computer science.

In a scientific background paper released today, The Nobel Committee for Physics wrote, “Simply put, thanks to their work Humanity now has a new item in its toolbox, which we can choose to use for good purposes. Machine learning based on ANNs is currently revolutionizing science, engineering and daily life.”

Taking inspiration from the structures of the brain, ANNs mimic how neurons are connected via synapses, providing a way for computers to store and retrieve information.

In 2018, Hinton won the Turing Award, considered one of the highest honors in the field of computer science.

In a scientific background paper released today, The Nobel Committee for Physics wrote, “Simply put, thanks to their work Humanity now has a new item in its toolbox, which we can choose to use for good purposes. Machine learning based on ANNs is currently revolutionizing science, engineering and daily life.”

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Report: OpenAI in early talks for new fundraising round with $750 billion valuation

Just yesterday, we were reading about how Amazon was in talks to invest as much as $10 billion in OpenAI, with an eye-popping valuation of more than $500 billion. But those numbers might already be old.

A new report by The Information says that OpenAI is in early talks to raise as much as $100 billion, with a $750 billion valuation.

The company is reportedly estimating its fast-growing revenue will hit $100 billion by 2028, but it also expects to burn $115 billion in cash through 2029.

The company is reportedly estimating its fast-growing revenue will hit $100 billion by 2028, but it also expects to burn $115 billion in cash through 2029.

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Trump Media surges after announcing it is merging with fusion energy company TAE Technologies

Perhaps a strong late candidate for weirdest merger of the year, Trump Media — owner of Truth Social — is combining with fusion energy company TAE Technologies in a $6 billion all-stock deal.

As part of the deal, Trump Media will provide up to $200 million of cash to TAE at signing, with an additional $100 million available once the initial filing of the Form-S4 is completed (form for registering new securities).

The deal will create “one of the world’s first publicly traded fusion companies,” per the press release revealing the combination, which also states:

In 2026, the combined company plans to site and begin construction on the world’s first utility-scale fusion power plant (50 MWe), subject to required approvals. Additional fusion power plants are planned and expected to be 350 – 500 MWe.

The announcement sent Trump Media shares up as much as 30% in premarket trading on Thursday, though it’s since shed some of that bump, holding above a 20% gain as of 7:30 a.m. ET.

Republican Presidential Nominee Former President Trump Holds Rally In Butler, Pennsylvania

Tesla investors don’t want Elon Musk involved in politics

The Tesla CEO is spending big on the GOP in midterm elections.

Rani Molla12/17/25

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