AI, global turnover seen at $632 billion by 2028
AI global turnover: Global spending on Artificial Intelligence, including enabled applications, infrastructure and related business services, is set to double by 2028 when IDC estimates it will reach a total…
OpenAI co-founder Sutskever’s new safety-focused AI startup SSI raises $1 billion
By Kenrick Cai, Krystal Hu, Anna Tong SAN FRANCISCO/NEW YORK – Safe Superintelligence (SSI), newly co-founded by OpenAI‘s former chief scientist Ilya Sutskever, has raised $1 billion in cash to…
Australia plans AI rules on human oversight, transparency
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left government said on Thursday it planned to introduce targeted artificial intelligence rules including human intervention and transparency amid a rapid rollout of…
Hewlett Packard Enterprise raises annual profit forecast on AI strength
By Zaheer Kachwala (Reuters) – Hewlett Packard Enterprise raised its annual profit forecast on Wednesday, as demand for artificial intelligence servers continues to pick up owing to higher investments in…
Amazon turns to Anthropic’s Claude for Alexa AI revamp
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon‘s revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily by Anthropic’s Claude artificial intelligence…
How AI is being used in Parliaments: from the US to EU
There are now many uses of generative artificial intelligence to support parliamentary activity. In the US, the House of Representatives uses an AI tool based on NLP (natural language processing)…
Nations building their own AI models add to Nvidia’s growing chip demand
By Arsheeya Bajwa (Reuters) – Nations building artificial intelligence models in their own languages are turning to Nvidia’s chips, adding to already booming demand as generative AI takes center stage…
Why so many bitcoin mining companies are turning to AI
In recent times, many Bitcoin mining companies have turned toward artificial intelligence. This phenomenon is due to several reasons that are driving these companies to diversify their businesses and adopt…
Google Pixel 9, Pro and Fold: 4 smartphones and an avalanche of AI
There are so many devices and so much AI. The pair now travels in parallel when it comes to Google because, with the launch of the Pixel 9, Big G…
Welcome to the CAIO, Chief Artificial Intelligence Officer
CAIO: Artificial intelligence underwent a paradigm shift in November 2022 from a technology advancing in the background to a frontline business strategy. Today we have reached the next phase of…