Browsing Category
Artificial intelligence
Elon Musk Sues OpenAI For ‘Shakespearean Perfidy And Deceit’
Elon Musk filed a new lawsuit against OpenAI, the maker of ChatGPT and its CEO Sam Altman. He accused the company of "perfidy" and "deceit of Shakespearean proportions".
Musk's latest attack on OpenAI, the company he founded in 2015,…
AI Breakthrough: Predicting Bowel Cancer Recurrence and Optimising Treatment
In a groundbreaking study, researchers from the University of Leeds have harnessed the power of artificial intelligence (AI) to identify early-stage bowel cancer patients at the highest risk of disease recurrence. This innovative approach…
Tech Giants Face Correction Amid AI Boom Doubts and Mixed Quarterly Results
The magnificent seven, a group of technology stocks that has dominated the US stock market, has experienced a tough week as doubts about the return on artificial intelligence (AI) investments, mixed quarterly results, and weak US economic…
Intel reduces 15,000 jobs to catch up with AI chips
Intel plans to cut 15,000 positions as it attempts a revival of its manufacturing operations that have fallen behind the development and artificial intelligence.
In New York, the shares of American chipmaker were down more than 20% in…
Apple beats Wall Street forecasts despite iPhone slide
Apple exceeded Wall Street's expectations in the fourth quarter, as a rise in demand for iPads and Macbooks compensated for a drop in iPhone sales.
The most valuable company in the world, valued at more than $3 trillion on the stock…
Alphabet profits soar 29% on cloud computing boom
The parent company of Google, Alphabet has seen its second quarter profits rise due to a combination of growing cloud computing sales as well as search engine advertising.
Alphabet exceeded market expectations by reporting a 14% increase…
Meta releases open-source AI application ‘competitive with closed competitors’
Meta claims that its new artificial-intelligence model will be the first open source system to rival products from competitors like OpenAI and Anthropic.
In a blog post, the company stated that its new model with the unwieldy title of…
Cohere, a new AI startup, raises $500mn to compete with OpenAI
Cohere, an artificial intelligence company, has raised $500mn through a new round of funding, making it the most valuable start-up in the world. This will help the Canadian firm to compete with rivals such as OpenAI and Anthropic.
The…
OpenAI urges US financial watchdog to investigate NDAs
OpenAI whistleblowers urged the US Financial Watchdog to investigate nondisclosure contracts at the startup. They claimed the contracts contained restrictions, such as requiring that employees seek permission before contacting regulatory…
Microsoft and Apple drop out of OpenAI Board amid regulatory scrutiny
Microsoft and Apple resigned from their board observers seats at OpenAI to quell global regulators' concern over the close relationship between big tech companies and a few powerful AI start ups.
Microsoft, less than nine months after…
AI requires more data to cure diseases
The machines have already surpassed humans in a number of areas, including chess and bird identification. They can also predict complex protein structures. When it comes to really clever and intuitive things, such as original scientific…
YouTube talks AI music deal with record labels
YouTube is in discussions with record labels about licensing their songs to artificial intelligence tools which clone the music of popular artists. The company hopes to gain industry acceptance by offering upfront payments.
Three people…
Vodafone CEO: UK AI ambitions are at risk due to poor mobile network.
Vodafone's boss has warned that Britain's ambitions of becoming a leader in artificial-intelligence are at risk due to substandard mobile data networks.
Margherita Dela Valle warned that the UK would be slower to adopt the technology and…
The Nvidia wave is sweeping the tech sector
Jensen Huang, the Nvidia CEO, has been claiming for years that data centres around the world will have to undergo a complete overhaul to meet the needs of generative AI. He claims that $1tn will be needed over the next 4 to 5 years to train…
OpenAI founder Ilya Sutskever announces rival AI startup
Ilya Sukseker, co-founder of OpenAI, is launching a rival AI startup focused on "building superintelligence safely", only a month after quitting the AI company due to an unsuccessful coup against its CEO Sam Altman.
According to a…
Nvidia surpasses Apple and Microsoft as the world’s most valued company
Nvidia is the most valuable company publicly listed in the world. This comes after months of explosive growth, driven by the demand for its chips as well as an investor frenzy about artificial intelligence.
The company's share price rose…
Mistral AI Secures $6 Billion Valuation in Second Funding Round for Open-Source AI
Mistral AI, a French artificial intelligence startup founded just a year ago by former employees of Meta and Google's DeepMind, has achieved an impressive
640 million in its Series B round, led by US venture capitalists General Catalyst,…
Nvidia surpasses Apple in market value as it rises to above $3 trillion
Nvidia has surpassed Apple as the second-most valuable company in the world, thanks to a surge in its share price.
Microsoft is the most valuable company in the world with a $3.15 trillion market value.
Nvidia shares, which are used…