European Union (EU) lawmakers on Wednesday (March 13) passed a groundbreaking law on artificial intelligence (AI), setting a precedent that surpasses the U.S. in AI regulation. The legislation aims to significantly alter the use of AI in various sectors across Europe, including healthcare and law enforcement, by...
Traditional manufacturing processes often suffer from inefficiencies, delays and limited visibility into operations. However, with the integration of artificial intelligence (AI) tools, Internet of Things (IoT) devices and cloud solutions, the manufacturing sector is undergoing a profound shift toward digital transformation. Take automobile manufacturing, for...
Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and consumer travel. The travel booking company launched two new features last week aimed at simplifying...
Elon Musk said his artificial intelligence (AI) company xAI will introduce an open-source model. “This week, xAI will open source Grok,” Musk wrote on X (formerly Twitter) Monday (March 11), referring to the AI chatbot he introduced last year. This week, @xAI will open source Grok —...
Amid a surge that echoes the rapid advancements and growing fascination with artificial intelligence, Nvidia is reportedly on the verge of overtaking Apple as the world’s second-most valuable company. At the core of Nvidia’s rise is its dominant position in the high-end AI chip market, in which it commands an 80%...
This week in artificial intelligence (AI) news, more companies are pushing for an ethical use of the technology, while a new partnership aims to develop computer chips that will accelerate the widespread use of AI. Find out this week’s latest AI news here. Companies Drive...
Transforming raw data into meaningful insights has always empowered organizations to make informed decisions. And now, with artificial intelligence thrown into the mix, there have never been more opportunities — or capabilities — at hand to bridge the gap between available data and actionable insights....
A new computer chip could accelerate artificial intelligence (AI) applications, enhancing speed and efficiency in business operations. On Wednesday (March 6), EnCharge AI announced a partnership with Princeton University, supported by the U.S. Defense Advanced Research Projects Agency (DARPA), to develop advanced processors capable of running AI models. DARPA’s Optimum Processing Technology...
Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s GPT, aims to deliver enhanced levels of accuracy and efficiency to accounts payable (AP) invoice processing for its customers, Corcentric...
