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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 is still in the very early stages and not ready for mass-scale adoption in industries…

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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 up with its new rules that will be effective from August 15. Generative AI is…

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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 much be part of the discussion in a meeting with the Japanese government. I will…

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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 defense or military ties to increased collaboration on technology and diversification of supply chains, senior…

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