Amazon Calls for Global Rules for Responsible AI
Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.
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NatWest Banking App Available on Apple Vision Pro
NatWest is one of the first banking services providers to launch its app on Apple’s Vision Pro smart goggles.
AI Startup Cohere Reaches $5.5 Billion Value
Startup Cohere Inc., which operates in the area of artificial intelligence, is currently one of the most valuable AI companies in the world and one of the largest early-stage firms in Canada, but there are not many mentions of it in the media space compared to competitors from Silicon Valley, although there is a reason […]
Alphabet to Report Q2 Growth
It is expected that data on the second-quarterly revenue of Alphabet, the parent company of Google, will show an increase of 14% year-on-year, as reported by the media with reference to their own calculations and estimates of the interviewed experts.
India’s Unique Path to AI Leadership
India plays an important role in the global AI revolution. The country ranks among the global leaders in AI implementation, investments, and innovation. Here’s how India has achieved this prominent position and what its AI strategy has in store for the future.
History of Fintech in India
The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
Huawei Collaborates With ZGCMC to Drive AI Adoption
Huawei Technologies has launched a partnership with Sichuan Zigong Conveying Machine Group Co (ZGCMC).
AI Giant iFlytek to Invest in Hong Kong
One of the biggest players in China’s artificial intelligence industry, iFlytek, presented a five-year investment plan for the activity in Hong Kong on Friday, July 19.
OpenAI Launches GPT-4o Mini
OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.
Samsung to Acquire Startup Oxford Semantic
On Thursday, July 18, Samsung Electronics announced it has agreed to acquire Oxford Semantic Technologies, a United Kingdom-based startup specializing in technologies that can be used for more sophisticated artificial intelligence apps.
Anthropic and Menlo Ventures Partner on AI Fund
Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of artificial intelligence.
AI and Discounts Help Smartphone Market to Grow
In the second quarter of this year, the global smartphone market recorded an increase in sales figures.
Skild AI Raises $300 Million
Skild AI has announced that it has managed to increase investment funds by $300 million as part of the Series A financing round.
OpenAI Reportedly Prepares Plan for Movement to AGI
The media reports that OpenAI has developed an action strategy, the ultimate goal of which is artificial general intelligence (AGI).
Reduce, Reuse, Recycle: AI Edition
Our planet is flooded by myriads of human-made objects and items that end up in landfill everyday and take hundreds of years to decompose. To tackle this issue, the world needs a collective effort. Yet, somehow, numerous legal, business, and individual initiatives have so far failed to make the circular economy a reality worldwide. Perhaps, […]
AMD to Acquire Startup Silo AI
Last Wednesday, July 10, Advanced Micro Devices (AMD), based in California, announced the acquisition of Finnish startup Silo AI, which operates in the artificial intelligence industry.
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