Friday, March 1, 2024

#AI

Intel stock declines by 6% as it updates chip manufacturing plans

Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the...

AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space...

Stability AI CEO Says, AI is a Great Investment Opportunity, but it will be the biggest bubble of all time

The CEO of open-source AI Company, Stability AI, is of the opinion that artificial intelligence will be the biggest bubble of all time. Stability AI CEO Emad Mostaque expressed, “I think this will be the biggest bubble of all time. AI...

China Regulators Finalize First-of-its-kind Rules to Govern Generative AI Services

Chinese regulators finalized first-of-its-kind rules to govern generative artificial intelligence as it looks to speed up oversight of the speedily growing AI technology. The powerful Cyberspace Administration of China (CAC) expressed that it worked with many other regulators to come...

EU and Japan Look to Cooperate on AI and Semiconductor Chips

The European Union and Japan are looking to cooperate more closely on key technologies like artificial intelligence as both countries are looking to reduce their dependence on China in certain areas. EU Commissioner Thierry Breton said, “Artificial Intelligence will very...

USA and India Set to Declare Multiple Deals Spanning AI, Defense, and Chips

The USA and India will announce multiple defense and technology collaborations during Indian Prime Minister Narendra Modi’s state visit to the USA as reported by the USA officials. Modi is on his maiden state visit to the USA. From deepening...

France Makes Major Push to be the AI Hub of Europe; Sets up a Challenge to US, China.

France is making a high-profile push to place itself as Europe’s hub for artificial intelligence technology, throwing its weight behind the much-hyped and fast-growing AI technology. French President Emmanuel Macron said, “I think we are number one in AI in...

EU Lawmakers Approved Landmark Rules for Artificial Intelligence Regulation

The European Parliament has passed the landmark rules for artificial intelligence, called the EU AI Act, clearing a major obstacle for the first formal regulation of Artificial Intelligence in the West to become law. Artificial Intelligence has become a key...

Sam Altman Says, The whole world wants AI and the market will deliver

OpenAI CEO Sam Altman recently expressed that the whole world is clamoring for artificial intelligence technology and the market will deliver. Altman told tech executives, business founders, and the public at the Singapore Management University, “We have got sophisticated enough...

Allen Institute for Brain Science Teams up with AWS to Create First-ever Map of the Brain

Just like the periodic table is foundational to chemistry and the Human Genome Project created a revolution in modern genetics, researchers at the Allen Institute for Brain Science have partnered up with Amazon Web Services for creating possibly a transformative resource...
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