New IBM study: Insurance leaders agree that rapid adoption of Generative AI is necessary
New research by IBM‘s Institute for Business Value identifies a disconnect between how insurers and their customers prioritize the use of generative AI, with industry executives focusing on experience while…
Adobe to launch generative AI video creation tool later this year
By Deborah Mary Sophia (Reuters) – Adobe will unveil a new generative AI-powered video creation and editing tool in a limited release later this year, the software maker said on…
Developed Asian economies falling behind in generative AI adoption
Developed Asian economies: Recent studies from Deloitte Access Economics and the Deloitte AI Institute found that developed economies are behind their less-developed peers in the Asia-Pacific region when it comes…
Meta decides to suspend its generative AI tools in Brazil
By Andre Romani and Luciana Magalhaes SAO PAULO (Reuters) – Meta Platforms said on Wednesday it decided to suspend use of generative artificial intelligence tools in Brazil in response to…
SoftBank’s Son: will ramp up US power business for generative AI
By Miho Uranaka TOKYO (Reuters) – Japan’s SoftBank Group will ramp up its power generation business primarily in the United States to supply power to generative artificial intelligence projects worldwide,…
Generative AI faces major test as Indonesia holds largest election since boom
By Kate Lamb, Fanny Potkin and Ananda Teresia JAKARTA (Reuters) – Fika Juliana Putri, a 19-year-old shopkeeper in East Jakarta, plans to vote in Indonesia’s presidential election next week for…
Slush – Generative AI play prominent role at Helsinki tech event
It was an event that led the hottest startups to one of the coldest cities in Europe. Famed for its reputation in connecting some of the most innovative startups with…
Copilot, Microsoft unleashes the potential of generative AI in the 365 suite
After more or less muted launches, Microsoft has officially unveiled Copilot for Microsoft 365 in Italy. It did so by bringing before a large audience the already-seen possibilities of applying…
Generative AI a stumbling block in EU legislation talks
By Supantha Mukherjee, Foo Yun Chee and Martin Coulter STOCKHOLM/BRUSSELS/LONDON (Reuters) – EU lawmakers cannot agree on how to regulate systems like ChatGPT, in a threat to landmark legislation aimed…
Meta bars political advertisers from using generative AI ads tools
By Katie Paul NEW YORK (Reuters) – Facebook owner Meta is barring political campaigns and advertisers in other regulated industries from using its new generative AI advertising products, a company…