1 / 2 Relevant items tagged with #GenerativeAI

Posts

Binance partners with Amazon Web Services to enhance user experience

[Oct 31 9:58 PM] Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.

AI can compose good music, but humanity still holds the creative baton

[Oct 8 11:04 AM] As creators worry about AI’s impact on their livelihoods, a panel at the WCIT 2024 conference in Yerevan, Armenia, highlighted how humans are still the maestros of creativity. 

G7 antitrust watchdogs signal possible action on AI sector competition

[Oct 7 2:58 AM] The G7 nations want to ensure AI isn’t used to facilitate "collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly.

Meta to Resume Training AI With Data From UK Facebook, Instagram Users

[Sep 14 5:35 PM] Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K…

Adobe rival Procreate bets against gen AI to support human creativity

[Aug 20 11:32 AM] In stark contrast to mainstream competitors, Procreate has said it would not use Gen AI features in its products to protect artists.

Hong Kong issues generative AI guidelines for consumer protection

[Aug 20 8:14 AM] The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications.

San Fran city attorney sues sites that ‘undress’ women with AI

[Aug 16 4:39 AM] Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year.

Pan-African Tech Firm Cassava Technologies Launches AI Unit

[Aug 5 5:30 AM] Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and…

OpenAI’s current business model is ‘untenable’ — Report

[Aug 3 5:02 AM] Technology commentator Edward Zitron claims OpenAI will need to make several changes to "survive" beyond two years, but some industry executives disagree.

Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies

[Aug 2 6:35 PM] Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.

Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent

[Jul 26 11:30 PM] According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in Africa hinges largely on the availability of local language data and addressing the AI skills gap. The report urges…

JPMorgan Chase launches AI tool for research analyst tasks

[Jul 26 1:06 AM] JPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division.

Samsung is looking into new phone form factors with AI in mind: Report

[Jul 22 12:06 AM] A Samsung executive said a successful implementation would be more “mobile” and look “radically different” from the phones consumers are used to today.

MoonPay and Christie’s dip into AI-generated art with new ‘Web3 Tools’

[Jul 16 9:00 AM] More bridges between Web3 and generative AI are being built as the luxury art auctioneer Christie’s and MoonPay unveil a new art experience at the eighth Art + Tech Summit in a unique gamified event.

Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether

[Jul 15 2:08 PM] On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data…

Nintendo will not use generative AI to build game titles

[Jul 4 2:45 AM] Nintendo’s president addresses the risks of intellectual property breaches with generative AI at a shareholder meeting.

Meta seeks to use generative AI in its metaverse, job listing shows

[Jul 2 8:22 PM] Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI.

AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT

[Jun 30 11:11 AM] Analysts were split over whether today’s AI investments would pay off in the next decade.

Nvidia launches in Middle East amid US AI export clampdown: Report

[Jun 24 7:59 AM] Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid U.S. export restrictions.

Bitcoin miner Hut 8 lands $150M investment amid AI boom

[Jun 24 7:22 AM] Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.

American retailer Target to roll out AI chatbot in US stores by August

[Jun 20 11:02 PM] The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have.

Elon Musk to ban Apple devices if OpenAI is integrated in OS

[Jun 10 7:01 PM] Musk called it an “unacceptable security violation” and even said the Apple block could extend to visitors to his company’s headquarters.

LVMH is augmenting humans with AI, not replacing them

[May 28 7:02 AM] The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees.

Central banks turn to generative AI for enhanced cybersecurity: BIS

[May 28 2:34 AM] Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.

The rise of the Chinese AI unicorns doing battle with OpenAI

[May 3 1:30 AM] Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country.

Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report

[Apr 30 3:32 AM] Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models.

Google says no 'straight line' between generative AI and unemployment — for now

[Apr 29 6:26 AM] A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.

Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site

[Mar 15 8:30 AM] The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring…

Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining

[Dec 29, 2023 4:30 PM] In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in…

Even the Pope has something to say about artificial intelligence

[Dec 14, 2023 11:12 PM] The explosion of artificial intelligence this year hasn’t escaped the Vatican, with Pope Francis warning of its dangers in a hefty 3,400-word letter ahead of the World Day of Peace on Jan. 1.