Browsing Category
AI
Silicon Valley’s techies have built the AI that will replace them
The Chase Center in San Francisco, a 18,000-seat arena for sports and entertainment, was filled with a frisson of intrigue and fear.
Mark Zuckerberg, third richest man in the world, was seated on a stage wearing a loose shirt with a mop…
Renting Nvidia AI chips in China is cheaper than renting them in the US
Renting cloud services using Nvidia’s artificial intelligence chip is cheaper in China than it is in the US. This shows that the advanced processors can easily reach the Chinese market, despite Washington’s export restrictions.
Companies…
UK Signs Landmark International AI Treaty Aiming to Safeguard Human Rights and Democracy
In a significant move towards regulating artificial intelligence (AI), the United Kingdom has become a signatory to the first international treaty aimed at implementing AI safeguards. The framework convention on artificial intelligence,…
Klarna Slashes Workforce by 1000 as AI Adoption Surges
Klarna, the prominent buy now, pay later lender, has significantly reduced its workforce by more than 1,000 employees, largely due to the integration of artificial intelligence (AI) into its operations. The Stockholm-based fintech giant,…
Chip Challengers Aim to Break Nvidias Dominance in AI Market
As the demand for artificial intelligence inference grows exponentially, driven by the increasing popularity of chatbots and generative AI applications, Nvidia's competitors are mobilizing to challenge the company's dominance in the AI chip…
Five British AI Firms Revolutionising the Creative Sector
The rapid advancement of generative AI is set to transform the creative industries, with British technology companies leading the charge. As the actors' strike in America last year highlighted, the implications of AI automation extend far…
Nvidias Earnings Report Set to Reveal Impact of AI Chip Boom Amidst Blackwell Delay
Nvidia, the US chipmaker, is poised to announce its quarterly sales have more than doubled on Wednesday, even as year-on-year growth slows. Wall Street anxiously awaits what has become one of the most closely watched earnings reports in the…
Nvidias Meteoric Rise Can Anything Halt Its Momentum
In the realm of semiconductor giants, Nvidia has emerged as the undisputed frontrunner in the race to develop chips that power the explosive growth of artificial intelligence (AI). The company's meteoric rise has been nothing short of…
AMD Acquires ZT Systems in 49 Billion Deal to Bolster AI Infrastructure Capabilities
In a bold move to challenge Nvidia's dominance in the AI infrastructure market, Advanced Micro Devices (AMD) has announced the acquisition of ZT Systems for $4.9 billion in cash and stock. The California-based chipmaker aims to accelerate…
AI Revolutionises Drug Discovery Saving Time and Lives for Pharmaceutical Giants
In a world where numerous industries are reevaluating the transformative potential of artificial intelligence (AI), the pharmaceutical sector is already experiencing revolutionary changes in drug discovery. Companies like GSK and…
Big Tech Pledges Over 100 Billion Dollars in AI Infrastructure Spending Amidst Market Scepticism
In a bold move, tech giants Microsoft, Alphabet, Amazon, and Meta have collectively increased their capital expenditure by an astonishing 50%, surpassing the $100 billion mark this year. This massive investment aims to develop the…
ChatGPTs Welsh Language Glitch Leaves English Users Baffled
In an unexpected twist, ChatGPT users in the United Kingdom have found themselves perplexed by the AI chatbot's propensity to respond in Welsh, despite being prompted with English-language queries. This peculiar glitch has come to light as…
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…
Meta squelches fears of AI spending
Facebook and Instagram's owner beat Wall Street estimates for sales on Wednesday night, as it sought investors' concerns about the billions it spends on artificial intelligence.
Meta Platforms' revenue in the second quarter, which is the…
OpenAI, Europe’s answer will be launched in 2023. Now, it’s worth €6bn
Arthur Mensch is a Paris celebrity. The entrepreneur, who is also the chief executive officer of Mistral (Europe's answer to OpenAI), has become a celebrity not only in Silicon Valley but in his own country.
Mistral, named after the…
OpenAI launches ‘SearchGPT” in challenge to Google
OpenAI launches an online search engine in direct competition with Google. This opens up a whole new front in the race for commercialisation of advances in artificial intelligence.
The San Francisco-based firm opened a waiting list of…