Artificial Intelligence

Artificial Intelligence
The City That Never Sleeps Dreams of Being Silicon Valley
May 10, 2024

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. The metropolis, long known for its towering skyscrapers and fast-paced financial district, is setting its sights on becoming the next Silicon Valley, according to a report by Accenture and...

Artificial Intelligence
Sam’s Club Scans the Future With AI-Powered Checkout Technology
May 09, 2024

In the battle for the future of shopping, Sam’s Club is betting on artificial intelligence. Since January, the Walmart-owned retailer has rolled out AI-powered checkout technology at over 120 stores. Using a combination of AI, computer vision and digital tech, Sam’s Club’s system identifies what’s in a shopping cart, confirming customers...

Artificial Intelligence
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
May 08, 2024

In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not. From OpenAI’s launch of a new system to identify images created by its own DALL-E 3 text-to-image generator to Amazon’s deployment...

Artificial Intelligence
JPMorgan Chase Unveils AI-Powered Tool for Thematic Investing
May 03, 2024

J.P. Morgan Chase reportedly unveiled an artificial intelligence-powered tool designed to facilitate thematic investing. The tool, called IndexGPT, delivers thematic investment baskets created with the assistance of OpenAI’s GPT-4 model, Bloomberg reported Friday (May 3). IndexGPT creates these thematic indexes by generating a list of keywords associated with a particular theme that are...

Artificial Intelligence
This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
May 03, 2024

This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech lag, companies are heavily investing in AI, potentially disrupting sectors like finance and manufacturing. Anthropic Launches Claude...

Artificial Intelligence
EdTech Earnings Bring Online Learning Platforms’ AI Struggles to Forefront
May 03, 2024

The online education sector continues to experience exponential growth, driven by technological advancements and the increasing demand for flexible learning options. However, the rapid rise of artificial intelligence is reshaping the education landscape, with both opportunities and challenges emerging for key industry players. In its latest earnings...

Artificial Intelligence
Enterprise AI May Have an Energy Crisis
May 02, 2024

While artificial intelligence has taken the world by storm, its rise hasn’t come cheap. “The consequence of multimodal AI is that the amount of data and compute power being used to train modern AI systems has grown exponentially,” R K Anand, co-founder and chief product officer...

Artificial Intelligence
Anthropic Launches iOS App Featuring AI Chatbot Claude
May 01, 2024

Anthropic launched an iOS app featuring its artificial intelligence chatbot, Claude. The app makes the chatbot accessible “from anywhere, any time,” the company said in a Wednesday (May 1) press release. The Claude iOS app syncs with web chats so users can pick up conversations where they left off across different devices,...

Artificial Intelligence
Google Confirms It Will Join Global Experts at AI Safety Summit
May 01, 2024

As luminaries from academia, government and business prepare to gather in South Korea May 21-22 for the second AI Safety Summit, Google’s attendance is drawing attention. The advanced AI research group Google DeepMind expressed support for the summit but did not verify whether it would attend, Reuters reported....