Chinese tech giant Alibaba is reportedly slashing prices on its AI large language models. Those markdowns are as high as 85%, CNBC reported Tuesday (Dec. 31), citing a WeChat post from the company’s cloud computing unit. The cuts involve Alibaba’s visual language model, Qwen-VL, created to perceive and...
Silicon Valley’s artificial intelligence powerhouses staked their tech claims in 2024, rolling out AI models that solved increasingly complex problems. The latest systems from OpenAI, o3 and o3-mini, can reason through a task and validate themselves for accuracy — a change from earlier versions that...
Digital payment solutions provider iWallet is adding voice artificial intelligence technology to its payments offering. The new technology comes as many consumers are using voice technology each day, according to a Monday (Dec. 30) press release. “However, the payments industry has lagged behind, relying on...
Companies are grappling with whether to implement powerful artificial intelligence (AI) models that promise enhanced reasoning capabilities but come with substantial computing and integration costs. The surge of new AI releases from industry leaders like OpenAI and Google has sparked intense debate among business leaders...
Facing rising competition in the AI chip space, Nvidia is reportedly turning to robotics. The $3.3 trillion company, whose tech has helped drive the rise of artificial intelligence (AI), will launch the next version of compact computers for humanoid robots — dubbed Jetson Thor —...
OpenAI’s board of directors plans to transform the organization’s for-profit arm into a Delaware Public Benefit Corporation (PBC) in order to raise the capital it needs to continue developing artificial general intelligence (AGI). The organization will continue to have a structure that includes both a non-profit...
Inside Amazon’s digital marketplace this holiday season, a new artificial intelligence (AI) assistant named Rufus has been steering shoppers through millions of product choices. The chatbot, launched earlier this year, represents the retail giant’s push to streamline the complex world of online shopping. Across retail,...
OpenAI is reportedly planning to become a for-profit company and is discussing the details of that transition with major investor Microsoft. According to a Thursday (Dec. 26) report from The Information, the two companies have been in talks since October about how to restructure the...
Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. The partnership, announced Monday (Dec. 23), combines Foxconn, the world’s largest electronics manufacturer, with Zettabyte, an AI data center software...