artificial intelligence

artificial intelligence
Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
September 29, 2024

Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion, but Apple recently backed away from discussions to take part, The Wall Street Journal (WSJ) reported Friday (Sept. 27), citing...

artificial intelligence
AI Chip Demand Surge Sparks Debate on Future Shortages
September 27, 2024

The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact on supply chains, consumer markets and innovation. A new report from Bain and Company warns of surging demand for AI-focused...

artificial intelligence
72% of Finance Leaders Use AI in Their Operations
September 27, 2024

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools could redefine not only operational strategies, but also the essence of customer interactions. Amid rising consumer frustration with traditional banking,...

artificial intelligence
AI Chatbots Could Become Cybercriminals’ Latest Weapon
September 26, 2024

Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. HP Wolf Security researchers have uncovered one of the first known instances where attackers used generative AI to write malicious code for distributing a...

artificial intelligence
AI Voice Tools Bring ‘Human’ Touch to eCommerce, With Meta and OpenAI Leading the Way
September 26, 2024

OpenAI and Meta have introduced new artificial intelligence (AI) voice features that could reshape how consumers interact with brands.  Meta’s upgrade includes celebrity voices like Judi Dench and John Cena, while OpenAI has rolled out enhanced voice capabilities for its ChatGPT users. Experts say these...

artificial intelligence
Report: OpenAI Plans to Restructure and Become For-Profit Benefit Corporation
September 25, 2024

OpenAI reportedly plans to restructure its core business into a for-profit benefit corporation that won’t be controlled by its nonprofit board. Under this plan, the OpenAI nonprofit will own a minority stake in the for-profit company, Reuters reported Wednesday (Sept. 25), citing unnamed sources. The...

artificial intelligence
OpenAI Chief Technology Officer Mira Murati to Leave Company
September 25, 2024

OpenAI Chief Technology Officer Mira Murati said Wednesday (Sept. 25) that she is leaving the company after 6½ years. “I’m stepping away because I want to create the time and space to do my own exploration,” Murati said in a Wednesday post on X. “For...

artificial intelligence
How Meta’s AI Advancements May Impact Social Commerce
September 25, 2024

Meta’s latest AI upgrades, unveiled at its annual Connect conference, could change online shopping through voice-activated assistants and image-recognition technology on social media platforms. The tech giant reported that over 400 million people use Meta AI monthly, with 185 million engaging weekly across its products....

artificial intelligence
Microsoft’s Nuclear Deal Could Spark New Market for AI Power
September 25, 2024

Microsoft has ignited a potential new energy market by signing a 20-year agreement to reactivate the dormant Three Mile Island nuclear plant in Pennsylvania.  The move marks the first time a major tech company has directly invested in nuclear power generation to fuel its artificial...