Browsing:AI News

Sam Altman had an unexpected event when he was removed from his roles as CEO and director.
1 week ago 1 min read

OpenAI Board Decides to Remove Sam Altman Due to Communication Issues

The founder of ChatGPT and the face of OpenAI, artificial intelligence pioneer Sam Altman, had an unexpected turn in his career on Friday, November 17, when the OpenAI board decided to remove him from his roles as CEO and director. The action, which was called shocking, was attributed to Altman’s alleged inconsistent communication style. Even though Altman has made significant contributions to OpenAI—the company is currently valued at approximately $80 billion—the board stressed the significance of consistent leadership. The specifics of the decision have not been disclosed, but the board expressed confidence that the business can succeed in Altman’s absence.

The Walt Disney Company, a global entertainment powerhouse, is facing an unexpected threat in the field of AI-generated art.
1 week ago 2 mins read

Disney Worries About AI-Driven Trademark Infringement

The Walt Disney Company, a global entertainment powerhouse, is facing an unexpected threat in the field of AI-generated art. A social media craze that uses Microsoft’s Bing AI imaging tool to create photographs of dogs in a “Pixar” style has piqued Disney’s interest. While the problem is not about the art itself, Disney is concerned about the unintended production of a trademark-infringing Disney-Pixar logo as a result of this AI practice. In response to Disney’s concerns, Microsoft took action by initially removing the term “Disney” from their picture generator to prevent additional infringement. However, doubts lingered about the efficiency of

The team responsible for supervising the creation and implementation of Meta's AI initiatives was purportedly dismantled by the social media
1 week ago 1 min read

Meta dismantles the team responsible for its artificial intelligence (AI) initiatives

The team responsible for supervising the creation and implementation of Meta’s artificial intelligence (AI) initiatives was purportedly dismantled by the social media behemoth. Reports state that employees of Meta’s responsible AI division have moved into a variety of positions within the business, many of them into the generative AI product division and some of them into the AI infrastructure team. Meta’s generative AI team was founded in February with the goal of developing products that can emulate human-made words and visuals. This project is in line with a larger trend in the tech sector, where businesses are heavily funding the

Alibaba
4 weeks ago 1 min read

Alibaba launches Tongyi Qianwen 2.0, an advanced large language model, to compete with US tech giants.

Alibaba, the tech giant headquartered in Hangzhou, China, has unveiled its latest creation, Tongyi Qianwen 2.0, a large language model (LLM) that boasts impressive enhancements in understanding complex instructions, copywriting, reasoning, and the prevention of hallucinations. Alibaba’s move is part of the ongoing competition between the United States and China in the field of large language models as both countries vie for dominance in AI technologies, pitting Alibaba against American tech giants like Amazon and Microsoft. According to Alibaba’s press statement, Tongyi Qianwen 2.0 showcases exceptional capabilities, particularly in complex instruction comprehension, copywriting, reasoning, memory, and preventing hallucinations. In addition

President Joe Biden has taken a step in the world of AI by signing the first-ever executive order on AI in the US.
4 weeks ago 2 mins read

President Biden’s Executive Order Sets New Standards for AI with a Focus on Consumer Welfare

President Joe Biden has taken a step in artificial intelligence (AI) by signing the first-ever executive order on AI in the United States. This executive order introduces a range of measures to ensure the safety and trustworthiness of AI technologies. The executive order is designed to have an immediate and tangible impact on AI development and use. It carries the full weight of the law to make AI technologies safer, more secure, and more trustworthy. The executive order comprises eight essential components, each addressing different aspects of AI. These include creating new safety and security standards for AI, safeguarding consumer

London Takes the Lead in the Global AI Race
1 month ago 1 min read

How London is Leading the Way in Artificial Intelligence

Artificial Intelligence (AI) has become a transformative tool with far-reaching implications for businesses and human interactions. The United Kingdom, particularly London, is emerging as a key player in AI. Recent events like the AI summit dinner at Guildhall and the global AI Safety Summit at Bletchley Park show the nation’s commitment to unlocking the power of AI. Note that London has been a center of adaptation and innovation. The AI sector is already making a significant contribution to the UK economy, with around 3,000 AI firms employing around 50,000 individuals and attracting several private investments. London is leading the way

Google and Qualcomm have joined hands to transform the Android experience by integrating Google's Gen-AI models
1 month ago 2 mins read

Google and Qualcomm Collaborate for On-Device AI Integration

Google and Qualcomm have joined hands to transform the Android experience by integrating Google’s Gen-AI models into more Android phones featuring Qualcomm’s Snapdragon 8 Gen 3 processor. This move, announced during the launch of the Snapdragon 8 Gen 3, signifies a significant advancement in on-device AI capabilities, promising Android users a plethora of new features, improved performance, and enhanced power efficiency. The key innovation in this collaboration is the utilization of Qualcomm’s cutting-edge Hexagon NPU for AI models from Google. As part of this partnership, Google’s Pixel 8 Pro will be able to offer on-device AI experiences, including features like

European Union Lawmakers Encounter Obstacles in Defining AI Rules
1 month ago 1 min read

European Union Lawmakers Face Obstacles in Defining AI Rules

EU lawmakers are currently facing challenges in reaching an agreement on new rules pertaining to artificial intelligence (AI). As of now, consensus remains elusive, and crucial decisions on AI regulations may be deferred until December, according to sources familiar with the situation. The proposed AI rules require approval from both the European Parliament and member states within the European Union. These rules have already undergone three rounds of discussion in trilogies, which are meetings aimed at finalizing the legislative texts through negotiations between the European Parliament and EU member states. The delay in reaching an agreement on AI regulations underscores

Filecoin to play a pivotal role in the AI
1 month ago 3 mins read

The Synergy Between Filecoin and AI: Unpacking the Benefits

The intersection of substantial fiat money printing and the rapid ascent of artificial intelligence (AI) is poised to create a financial bubble of unprecedented proportions. According to Arthur Hayes, founder of BitMEX, the ever-expanding realm of AI applications necessitates a decentralized storage solution, and here’s where Filecoin, with its blockchain-based network, steps into the spotlight. As the largest decentralized data storage project in terms of storage capacity and total bytes of data stored, Filecoin seems tailor-made for AI’s insatiable appetite for data. It’s this alignment that positions Filecoin to play a pivotal role in the AI landscape. A Stable Storage

Kristina Kallas
1 month ago 4 mins read

GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership

Kristina Kallas, Minister of Education and Research of Estonia said AI can improve access to education for various social groups facing barriers today Akis Evangelidis, Co-Founder of Nothing, explained how his company is rethinking the smartphone by focusing on design differentiation, innovation and user interaction  Dubai, UAE, October 18, 2023: Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region’s largest climate tech catalyst for sourcing clean energy solutions towards tackling global warming. The show brings together sustainability leaders to source and discuss green transition solutions and strategies, empowering climate tech companies and startups with the blueprint

The European Union and Japan are increasingly seeing eye to eye on how to regulate generative AI
2 months ago 1 min read

EU and Japan Find Common Ground on AI, Says Official

The European Union and Japan are increasingly seeing eye to eye on how to regulate generative AI, a rapidly developing technology that can create text, images, and other creative content. In an interview with Reuters on Monday, European Commission Vice-President for Values and Transparency Vera Jourova said that she sees “a lot of convergence in how we look at AI and generative AI” with Japan. This is significant because the EU and Japan are two of the world’s leading economies, and their cooperation on AI regulation could help to set global standards. Generative AI is a powerful technology with the

Visa Commits $100 Million to Foster Generative AI Innovations
2 months ago 2 mins read

Visa Unveils $100 Million Initiative to Drive Generative AI Development

Visa, the global payment giant, is doubling down on its commitment to artificial intelligence (AI) in the realm of commerce and settlements. They’ve unveiled a fresh initiative, committing a substantial $100 million to fund generative AI ventures. The primary focus of this initiative is to support companies dedicated to advancing generative AI technologies and their applications in the fields of commerce and payments. This investment endeavor will be spearheaded by Visa’s global corporate investment arm, Visa Ventures, which has been a driving force behind fostering innovation in the payments and commerce sectors since 2007. Generative AI stands out as a

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