EU to Advance AI Act
As France and Germany withdrew their objections to the AI Act, the EU can proceed with the next steps required for implementing the regulation.
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Bank of England Governor Andrew Bailey Embraces AI
Governor of the Bank of England Andrew Bailey agrees with the opinion of the House of Lords that artificial intelligence should not be perceived as a risk to business.
Emerging Renewable Energy Trends
Green energy is gaining traction, as numerous government and private initiatives vow to boost renewable energy transition across the globe. What does 2024 have in store for the renewable energy market? Let’s look at the most vivid tendencies and trends that will shape the industry this year.
Google Maps to Add AI-Powered Recommendations
Google Maps will soon help customers discover new places by launching a new feature powered by generative artificial intelligence technology.
Amazon Beta Launches AI Shopping Assistant
Amazon has announced the launch of a beta version of a new virtual shopping assistant based on generative artificial intelligence.
Genesys Acquires AI SaaS Startup Radarr
One of the leading US software companies, Genesys, has agreed to acquire Radar Technologies, which facilitates business decision-making, based on AI-driven real-time online conversation insights.
Mastercard Launches AI Model
Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.
OpenAI GPT-4 Poses Little Risk of Helping Create Bioweapons
OpenAI reported that its most powerful artificial intelligence software, called GPT-4 poses a degree of risk in the framework of a potential scenario for its use by humans to create biological weapons.
Microsoft Revenues Rise 18%, but Investors Unimpressed With AI Operations Boost
Tech giant Microsoft has announced positive quarterly financial results, but coupled with Alphabet’s earnings data, the numbers left investors unimpressed and wiped off $190B in market value for AI-related companies.
Germany to Back EU AI Act
Germany intends to support the proposals of the European Union on the regulation of artificial intelligence after the Ministry of Transport and Digital Affairs abandoned its position of disagreement with the Law of this bloc of countries on AI.
Nvidia Joins Funding for AI Chatbot Maker Kore.ai
Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.
AI Chip Startup Rebellions Secures $124 Million
The South Korean startup Rebellions Inc. announced that it managed to raise $124 million in financing from investors, including KT Corp., to accelerate work on the development of a new generation artificial intelligence chip, which is a kind of example of the growing interest in hardware that drives AI.
Italy Claims OpenAI Breaks GDPR Laws
The Italian data protection authority (DPA) has concluded that OpenAI and its popular AI chatbot ChatGPT do not comply with the European Union GDPR provisions.
China Approves 14 Large Language Models
In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.
AI Startup Sierra Reportedly Plans to Raise $85 Million
The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.
PayPal Unveils New Products
PayPal has presented new features based on artificial intelligence.
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