AI
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From telcos to automakers and even brokerages – Chinese companies and even local government bodies are flocking to integrate DeepSeek into their services, as public discussion grows over whether the breakout Chinese artificial intelligence (AI) app could impact livelihoods. DeepSeek exploded onto the global AI scene last month, roiling stock markets and catapulting its founder Liang Wenfeng to…
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U.S. President Donald Trump on Tuesday announced a 500-billion-U.S.-dollar investment from OpenAI, SoftBank and Oracle in artificial intelligence (AI) infrastructure in the United States. At a White House event Tuesday afternoon, Trump said the three companies are set to partner on a new AI infrastructure company called Stargate, which will be building “the physical and…
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The Co-op is now using artificial intelligence to detect shoplifters after theft costs rose by 19% (up to £39.5m) in the first half of the year. The technology will also be able to detect assaults on staff. The member-owned business, which returned to profit despite the growing toll of shoplifting, has spent £18m so far…
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Microsoft and Constellation Energy announced a groundbreaking deal Friday to reopen the partially-melted-down Three Mile Island nuclear plant, with the tech giant purchasing all the power for 20 years after restart. The deal marked the first time a decommissioned U.S. nuclear plant had been brought back into service and the first time a commercial…
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Alongside the opportunities, significant risks posed by Artificial Intelligence (AI) to the cultural sector were highlighted at the Group of Seven (G7) ministers’ cultural meeting, which concluded on Saturday in Naples, Italy. AI is “increasingly permeating the value chains in the cultural and creative sectors and industries, with impacts on the working conditions and the…
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OpenAI, the developer of the artificial intelligence chatbot ChatGPT, has opened its first office in the Asian region in the Japanese capital, Tokyo. “We chose Tokyo as our first Asian office for its global leadership in technology, culture of service, and a community that embraces innovation,” said company in an official statement. Company’s CEO Sam…
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The UN chief said on Friday he is “deeply troubled” by reports of Israeli military’s use of Artificial Intelligence (AI) in its bombing campaign in Gaza. Stating that AI is used as a tool for target identification, particularly in densely populated residential areas, resulting in a distressing number of civilian casualties, Antonio Guterres said: “No…
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Lockbit, a notorious cybercrime gang that holds its victims’ data for ransom, has been disrupted in a rare international law enforcement operation by Britain’s National Crime Agency, the U.S. Federal Bureau of Investigation, Europol and a coalition of international police agencies, according to a post on the gang’s extortion website on Monday. “This site is…
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The U.S. government is working “extensively” on a framework to keep artificial intelligence from disrupting the 2024 election, according to Commerce Secretary Gina Raimondo, who says she is “very worried” about the technology being used in a nefarious manner. “AI can do amazing things and AI can disrupt our elections, here and around the world,”…
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The financial sector has always been at the forefront of adopting new technology – and the rise of Artificial Intelligence (AI) is no exception. As the technology continues to grow in popularity across practically every industry, the financial services sector is making great strides in leveraging AI to transform its operations – and is uniquely…
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The first-ever global artificial intelligence safety summit kicked off in the UK on Wednesday. Organized by the UK government, the summit is being held under strict security measures in Bletchley Park near the city of Milton Keynes, as technology ministers from many countries are discussing the advantages of AI, including transformational and advancing drug discovery,…
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Microsoft said it will spend AUS$5 billion ($3.2 billion) to expand its artificial intelligence (AI) and cloud computing capacity in Australia over two years. The U.S. technology giant said it would raise its computing capacity in Australia by 250%, enabling the world’s 13th largest economy to meet the demand for cloud computing. The move comes…
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1.7 RESEARCH SIGNIFICANCE The use of intent data as a solution in brand awareness creation has been a common practice in the marketing domain. Advancements in business intelligence driven by internet-based technologies has also enhanced use of intent data as a crucial business growth strategy. But whether the corporate goal of an organization is to…
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Bankers Believe Conversational AI Will Be a Game-Changer, Eventually. The level of acceptance and use of conversational AI is likely to continue growing over the next several years as the capabilities and deployment across multiple applications in every industry continues. While there has been unprecedented coverage of ChatGPT in the past several months, financial institutions…
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Dozens of software firms have sprung up to sell companies AI recruitment tools, which they promise will cut bias out of their clients’ hiring processes. In promotional materials and press releases, they argue that human recruiters are irredeemably biased while machines are objective, so companies and job candidates alike will benefit from AI-driven hiring. Of course, it’s not…
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Artificial intelligence is better than specialist doctors at diagnosing lung cancer, a US study suggests, according to the BBC. The researchers at Northwestern University in Illinois and Google hope the technology could boost the effectiveness of cancer screening. Finding tumours at an earlier stage should make them easier to treat. The team said AI would have…
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