OpenAI is reportedly stepping up its efforts to sell its artificial intelligence services to corporates worldwide. The company’s CEO, Sam Altman, hosted meetings this month in San Francisco, New York and London, each of which was attended by more than 100 corporate executives, Reuters reported Friday (April 12). The...
The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial applications. OpenAI, Google and French startup Mistral AI unveiled the latest iterations of their AI models this week. The series of announcements kicked off shortly...
Adobe is reportedly paying artists and photographers to supply videos and images that will be used to train the company’s artificial intelligence models. The company is using images from its own library of stock media but is paying contributors to fill in any gaps in the...
Google amped up its artificial intelligence offerings by unveiling a slew of new AI-powered capabilities during a keynote presentation Tuesday (April 9) at its annual Cloud Next event in Las Vegas. To integrate AI capabilities into its suite of productivity tools, Google introduced Google Vids, a new addition to Google Workspace that...
Meta introduced the latest iteration of its custom-made chips designed for artificial intelligence workloads. The new version marks a performance improvement over the previous generation of this AI tool and helps power Meta’s ranking and recommendation ads models on Facebook and Instagram, the tech giant said in a Wednesday (April 10)...
How much will it cost to build Sam Altman’s planned artificial intelligence-powered personal device? At least $1 billion, according to a report by The Information, which listed that amount as what Altman, CEO of OpenAI, and his partner, Jony Ive, Apple’s former design guru, are seeking from investors. The...
Intel announced the release of its latest artificial intelligence chip, the Gaudi 3, as part of an industry-wide effort to develop chips capable of running AI models, such as those used in OpenAI’s ChatGPT. The Gaudi 3 chip offers an average of 40% better power efficiency than Nvidia’s H100...
Microsoft will invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Microsoft said in a...
Bank of America’s virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients’ use of the virtual assistant has accelerated since its launch in 2018, the bank said in a Monday (April 8) press release. While it took four years for Erica...
