Tag Archives: What’s Hot

Amazon Reportedly Creating In-Home Reply to ChatGPT

Amazon is reportedly creating its personal synthetic intelligence (AI) chatbot to compete with OpenAI’s ChatGPT. The mission is code-named “Metis,” Enterprise Insider reported Monday (June 24), noting that the identify appears impressed by the Greek goddess of knowledge.  The chatbot could be accessed by means of a web site and powered …

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Apple Rejected Integration of Meta AI After Transient Talks

Meta’s provide to combine its synthetic intelligence (AI) chatbot into Apple’s iPhone was reportedly a nonstarter. Apple rejected Meta’s overtures after the 2 held transient talks in March, earlier than any formal discussions had been held, Bloomberg Information reported Monday (June 24), citing unnamed sources. Neither Apple nor Meta instantly …

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Meta Expands AI Startup Program in Europe

Meta is broadening its AI Startup Program throughout Europe, highlighting each the potential for innovation and the rising affect of American tech firms within the area’s synthetic intelligence (AI) panorama. This system, run in partnership with AI platform Hugging Face and cloud supplier Scaleway, will choose 5 startups to obtain …

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Apple and Meta Reportedly Pursuing AI Collaboration

Apple has reportedly held discussions with Meta about partnering on synthetic intelligence (AI). The iPhone maker and the social media large have mentioned integrating Meta’s AI mannequin into Apple’s not too long ago introduced Apple Intelligence, The Wall Avenue Journal (WSJ) reported Sunday (June 23), citing sources conversant in the …

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AI Shares Fall as Traders Develop Extra Picky

“Simply saying ‘AI’ 15 instances will not be going to chop it anymore.” So mentioned Stuart Kaiser, head of U.S. fairness buying and selling technique at Citi, chatting with the Monetary Instances (FT) Wednesday (June 19) concerning the state of synthetic intelligence (AI) investments. As that report famous, many of …

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Snapchat Provides AI-Powered Instruments to Construct AR Results

Snapchat father or mother firm Snap has launched new generative synthetic intelligence (AI) instruments that helps customers create augmented actuality (AR) results. These instruments will allow artists and builders to create AR results in hours quite than weeks, Reuters reported Tuesday (June 18), citing its interview with Snap Chief Expertise Officer Bobby Murphy. …

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nCino Unveils AI-Powered Banking Advisor

Cloud banking firm nCino has unveiled a man-made intelligence (AI)-powered answer dubbed Banking Advisor. The brand new providing, introduced Monday (June 17), is a “banker-focused, conversational copilot instrument” that gives portfolio administration whereas streamlining duties and serving to banks observe and adjust to regulatory necessities. “As monetary establishments acknowledge the …

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Purpose Safety Raises $18 Million for AI Cybersecurity

Purpose Safety, an organization that helps enterprises safely undertake synthetic intelligence (AI), has raised $18 million. The Israeli firm stated it was one of many “quickest Collection A rounds in cybersecurity historical past,” bringing Purpose’s complete funding to $28 million, based on a Monday (June 17) press launch. “AI purposes, starting …

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India’s AI Aspirations Draw Multibillion Huge Tech Investments

Amazon and Microsoft are reportedly investing billions in India’s synthetic intelligence (AI) efforts. Because the Monetary Instances (FT) reported Monday (June 17), India is providing incentives for tech firms to construct there, hoping the nation’s burgeoning expertise market and big pool of expert employees will make it a serious AI client and exporter. The report …

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Apple’s AI Rollout Will Doubtless Stretch Into Subsequent Yr

Apple’s synthetic intelligence (AI) rollout will reportedly be an extended, sluggish one. As Bloomberg Information reported Sunday (June 16), Apple Intelligence, which the tech large introduced final week, received’t turn out to be accessible for builders to check out till late in the summertime. Meaning it received’t be a part …

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OpenAI Might Change into a For-Revenue Enterprise

OpenAI’s days as a nonprofit firm might be numbered. CEO Sam Altman has informed some shareholders the bogus intelligence (AI) agency is weighing a change to its governance, making it a for-profit firm that its nonprofit board has no management over, The Info reported Friday (June 14). The report — …

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OpenAI Bolsters Lobbying Arm Amid Regulatory Strain

OpenAI is reportedly increasing its lobbying division as the synthetic intelligence business faces extra regulatory oversight. The multibillion-dollar AI startup goals to have 50 members on its international affairs workforce by yr’s finish, up from three firstly of 2023 and 35 at the moment, the Monetary Occasions (FT) reported Thursday …

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AccountsIQ Raises $65 Million to Embed AI in Accounting Platform

AccountsIQ secured 60 million euros (about $65 million) in a Collection C funding to assist continued product improvement and to embed synthetic intelligence all through its cloud-based accounting platform designed for medium-sized firms and nonprofits. Along with enhancing its AI functionality, AccountsIQ will use the brand new funding to greater …

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