Βy Shivani Tanna (Reuters) - Anglo-Swedish drugmaker AstraZeneca has signed a deal worth up to $247 million with U.S. artificial intelligence (AI) biologics firm Absci to design an antibody to fight cancer, the Financial Times reported on Sunday. The collaboration aims to

Microsoft has published its annual report on “Environment and Sustainable Development” for 2022, analysing the environmental impact of its technologies based on artificial intelligence and cloud computing. The report shows how these innovations require high consumption of energy, water, and raw materials,

By Arsheeya Bajwa (Reuters) - Snowflake forecasted quarterly product revenue above estimates on Wednesday, as increasing adoption of artificial intelligence boosted demand for its data cloud offerings. Shares of the Bozeman, Montana-based company surged nearly 7% in after-hours trading. Spending on cloud-related software

By Akanksha Khushi, Sayantani Ghosh and Krystal Hu (Reuters) - Microsoft will take a non-voting, observer position on OpenAI's board, CEO Sam Altman said in his first official missive after taking back the reins of the company on Wednesday. The observer position

G7 leaders have endorsed International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code of Conduct for AI developers. The move complements the EU's ongoing efforts to establish legally binding rules through the EU AI Act. The European Commission welcomes the

By Foo Yun Chee BRUSSELS (Reuters) - Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI rules as this could kill nascent start-ups or drive them out of

By Lisa Richwine LOS ANGELES (Reuters) - Negotiators for Hollywood actors and major studios have not resolved concerns about artificial intelligence (AI) and other issues in talks aimed at ending an 111-day strike, the SAG-AFTRA union said late Wednesday. The union said

By Samrhitha A (Reuters) - Zoom Video Communications raised its annual revenue and profit forecasts on Monday, as hybrid work trends and the integration of artificial intelligence technology into its products boosted demand. Platforms including Zoom, Microsoft's Teams and Cisco's Webex became

If there is something Google does better than others, it integrates all its products into a large and complete ecosystem. Apple has been doing it for years, but Big G is the only one that can count on practically every