IT Company Kainos to Invest £10 Million in AI
IT company Kainos, which is based in Belfast, announced its intention to invest 10 million pounds in the implementation of efforts to integrate generative artificial intelligence into its business.
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Microsoft’s President Says AI Needs Human Control
Microsoft President and Vice Chairman Brad Smith, while talking to the media, said that people should curb artificial intelligence, because it can become a weapon.
OpenAI Launches ChatGPT for Businesses
OpenAI announced the launch of the corporate version of ChatGPT, within which additional functions and privacy guarantees are available to users.
Stellar to Help Businesses Deploy AI
The Stellar company, which is based in Indianapolis, has officially declared its mission aimed at providing assistance to enterprises in achieving competitive advantages by introducing generative artificial intelligence, machine learning, and large language models into the structure of their activities.
SoftBank Plans Its Indian Startup Founders Trip to Silicon Valley
SoftBank Group plans to send its Indian startup founders to Silicon Valley in September, where they will get acquainted with the specifics of the field of artificial intelligence and the features of advanced technology.
How AI Can Facilitate Sustainable Investing
In the age when threats of climate change and global warming are pressing, every government and business must know about AI potential for promoting sustainable investing
Alibaba Cloud Launches New AI Models
Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.
AI Startup Hugging Face Raises $235 Million
The Hugging Face startup, which operates in the area of artificial intelligence, announced that it managed to raise investment funds for $235 million following the results of the Series D funding round.
UAE Partners With Mastercard to Accelerate AI Adoption
Mastercard has established a global centre for advanced AI and cyber technology in Dubai, UAE to realize the aspirations outlined in the UAE Strategy for Artificial Intelligence 2031.
Meta Launches AI Coding Tool for Business and Personal Use
The new tool is a fine-tuned version of LLama2 trained specifically to generate and discuss computer code. Code Llama could be particularly useful for small fintechs traditionally underserved by big-tech AI providers
Twilio Launches AI Tools
Twilio, a software company, presented new artificial intelligence tools for its customer interaction platform.
NVIDIA CEO Dispels Concerns About Deficit of Chips in AI Boom
NVIDIA Chief Executive Officer Jensen Huang said that investors’ concerns about a possible shortage of chips due to exceeding by the level of demand for these products the pace of production are not justified, and noted that there is no reason for any anxiety about this.
NVIDIA and VMware to Accelerate Generative AI Adoption
VMware and NVIDIA announced the expansion of the scope of strategic cooperation in order to provide businesses with assistance in implementing generative artificial intelligence in the process of their activities.
Tech Giant Meta Launches AI Model for Speech and Text Translations
Meta has developed a new model of artificial intelligence, with which users will be able to translate speech and text materials into almost 100 languages.
Huawei Improves Railway With AI
Huawei Pangu Railway Model leverages AI to automate railway fault-identification processes
Scientist Aim to Verify ID With Walking Pattern
The new gait-based biometric security ID technology takes into account various factors of one’s walking pattern, including the length of your stride, how heavy you are, how you move, and how you roll over your feet as you walk
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