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Artificial intelligence
Microsoft and Jeff Bezos raise $675m for an android startup
A start-up company that produces humanoid robotics has raised $675 millions from investors, including some of the biggest technology companies in the world.
Microsoft, OpenAI, Nvidia, and Jeff Bezos the founder of Amazon all participated…
Stability AI rejects claims of photo copyright in High Court Case
Stability AI denied accusations of copyright infringement by Getty Pictures, calling them "vague" and "general". This is the latest conflict between a tech company and a creative firm over intellectual property.
Stability, in a defense…
AI boom raises concerns about water consumption by Big Tech
Water cooling in data centres has increased dramatically for the world's largest technology companies, causing concern over the impact on the environment of the artificial intelligence boom.
Microsoft, Google, and Meta have increased…
Apple faces UK investor protest over rogue AI threat
Apple is being pressed by two of Britain's largest fund managers to provide more information about its ethical policies when using AI. Their concerns range from the use of AI to create fakes and deep ones to customer privacy.
Legal &…
Nvidia drives US stock markets to new highs
The American stock market closed Thursday night at a record high, thanks to strong results from Nvidia Corporation as well as a forecast for huge demand for the company's industry-leading artificial Intelligence chips.
The S&P 500…
Relx increases dividends after AI demand soars
Relx increased its dividends and began a £1-billion share buyback in response to the strong demand for its artificial intelligence (AI) products from scientists and lawyers, and its continuing recovery in its events business.
In the…
SoftBank retorts, vowing to pursue new AI investments
A leading tech investor in the world has announced a profit for the first quarter since more than a full year. This was due to a windfall from T-Mobile shares and rising stock prices.
Softbank posted a net income of $6.4 billion in the…
Investors punish Alphabet, owner of Google, for its advertising shortfall
Alphabet disappointed its investors when holiday advertising sales fell below expectations. This overshadowed the company's efforts to develop artificial intelligence and cloud computing.
Google, the owner of YouTube and Google, fell…
Microsoft AI advancements boost revenues to $62bn
Microsoft's Cloud and Windows services helped it beat Wall Street forecasts of revenue for the second quarter.
Analysts had estimated that revenue would be $61.12 billion, but it rose 18% to $62 billion.
Microsoft's Intelligent Cloud…
Google puts publishers between a rock & a hard place over AI
Publishers complain that Google's dominance of internet search has put them "between rock and hard place" when it comes to using their copyrighted work as the basis for its artificial intelligence models.
They claim that Google has a…
CEOs predict that the use of artificial intelligence in this year’s workforce will result in…
According to a survey conducted by the World Economic Forum in Davos (Switzerland), a quarter of chief executives worldwide expect that the deployment of generative AI will lead to headcount cuts of at least 5% this year.
According to a…
OpenAI warns that a crackdown on copyright could lead to the demise of ChatGPT
The creator of ChatGPT warned that , a ban on the use of news and books for training chatbots, would doom artificial intelligence development.
OpenAI told colleagues that it would "be impossible" for it to create services like ChatGPT,…
Artificial intelligence can transform the diagnosis of heart disease
In a small room at the Golborne Medical Centre in one of Britain's poorest areas, doctors and nurses crowded together to test out a brand new stethoscope.
This instrument is similar to those used in clinics, which haven't been updated…
New York Times files lawsuit against Microsoft and OpenAI for copyright
The New York Times is the first major US news organization to sue OpenAI over its artificial intelligence chatbots. The tech companies are accused of taking a "free ride" on millions articles in order to create the revolutionary technology.…
Allen & Overy launches AI-based contract negotiation tool to challenge the legal industry
Allen & Overy, a magic circle law firm, has developed a tool for artificial intelligence-based contract negotiations. This technology threatens to disrupt traditional legal practices.
The UK-based group, in partnership Microsoft and…
Axel Springer signs deal with OpenAI for ChatGPT to read its stories
Germany's largest news publisher, Axel Springer, has made a groundbreaking agreement with OpenAI, granting them permission to utilize their articles for the purpose of training ChatGPT.
OpenAI will pay the publisher to use content from…
Nvidia is the leading AI investor
Nvidia is the most valuable chipmaker in the world. It has invested heavily in AI start-ups to capitalize on its dominant position as a processor provider.
Nvidia, based in Silicon Valley, announced on Monday that it had invested "more…
AMD launches new AI chip to compete with Nvidia
AMD, a chip designer, is now selling a product that aims to challenge Nvidia's stronghold in the market for artificial intelligence processors.It estimates this market to be worth 400bn dollars by 2027.
Lisa Su, AMD's chief executive,…