AI News

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

October 31, 2023 2 mins read

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,

How London is Leading the Way in Artificial Intelligence

October 30, 2023 1 min read

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

Google and Qualcomm Collaborate for On-Device AI Integration

October 25, 2023 2 mins read

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

European Union Lawmakers Face Obstacles in Defining AI Rules

October 23, 2023 1 min read

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

The Synergy Between Filecoin and AI: Unpacking the Benefits

October 23, 2023 3 mins read

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

GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership

October 18, 2023 4 mins read

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

EU and Japan Find Common Ground on AI, Says Official

October 9, 2023 1 min read

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

Visa Unveils $100 Million Initiative to Drive Generative AI Development

October 5, 2023 2 mins read

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

Tom Hanks Issues Warning About AI Impersonator Promoting Dental Plan

October 2, 2023 2 mins read

Tom Hanks has issued a cautionary message to his fans regarding an advertisement featuring what appears to be him but is, in fact, an artificial intelligence (AI) fake. In an Instagram post, the renowned actor stated, “There’s a video out there promoting some dental plans with an AI version of me. I have nothing to do with it.” Hanks has previously expressed concerns about the artistic and ethical challenges posed

Meta Unveils AI Assistant Trained on Public Facebook and Instagram Content

September 29, 2023 2 mins read

Meta, the parent company of Facebook and Instagram, has revealed that its new Meta AI virtual assistant was trained using public posts from these social media platforms. The company, however, assured that it excluded private posts shared only with family and friends to protect user privacy. Meta’s President of Global Affairs, Nick Clegg, emphasized the company’s commitment to respecting user privacy during the training process. He stated that private chats

ChatGPT’s Latest Update: Access to Up-to-Date Information Now Available

September 28, 2023 2 mins read

OpenAI, the organization behind the ChatGPT chatbot, has made a significant update to its capabilities. ChatGPT can now browse the internet to provide users with current information, a feature that was previously unavailable. This means that premium users will be able to ask ChatGPT questions about current events and access the latest news. Before this update, ChatGPT’s knowledge was limited to data up until September 2021. It couldn’t provide real-time

Spotify CEO Ensures AI-Made Music Won’t Be Banned

September 27, 2023 2 mins read

Daniel Ek, the CEO of Spotify, has stated that the music streaming platform has no plans to ban content created by artificial intelligence (AI). While discussing the use of AI in music, Ek mentioned that AI should not be used to impersonate human artists without their consent. He emphasized the importance of distinguishing between various applications of AI in music, categorizing them into three “buckets”: Although AI is not entirely