Tag: AI company

AI roundup [April 16]: UK to develop AI regulations, Microsoft invests $1.5 billion in G42, more
Technology

AI roundup [April 16]: UK to develop AI regulations, Microsoft invests $1.5 billion in G42, more

[ad_1] AI roundup, April 16: The United Kingdoms in all aboard to draft country's AI regulations on powerful tools such as OpenAI's ChatGPT. The regulation will be set to restrict or eliminate the potential harm of the emerging technology. In other news, Microsoft will be investing $1.5 billion in a United Arab Emirates-based artificial intelligence company named G42. The partnership is approved by the U.S. and UAE governments. Check out similar AI news from today.1. UK has started to develop AI regulations to eliminate the risksThe UK has started to draft its AI regulation which will be applied to the new emerging technologies and large language models. These regulations will also be enforced on the current and future AI tools. These AI regulations are expected to eliminate the potenti...
Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity
Technology

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

[ad_1] Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.In a lawsuit filed at San Francisco Superior Court, billionaire Musk said that when he bankrolled OpenAI's creation, he secured an agreement with Altman and Greg Brockman, the president, to keep the AI company as a non-profit that would develop technology for the benefit of the public. Under its founding agreement, OpenAI would also make its code open to the public instead of walling it off for any private company's gains, the lawsuit says. However, by embracing a close relationship with Microsoft, OpenAI and its top executives have set that pact “aflame” and are “perverting” the company's mission, Musk alleges i...
Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
Technology

Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google

[ad_1] Amazon.com's cloud division has drawn thousands of customers to try out its service vying with Microsoft and Google in a key area of artificial intelligence, an executive told Reuters.The company also announced new AI tools on Wednesday, including a program for building more conversational customer-service agents, technology access from the startup Cohere and a healthcare system for generating clinical notes after a patient visit. Organizations including Sony, Ryanair and Sun Life have tried out Amazon Bedrock, a service the company announced in April that lets businesses create applications with a range of AI models, Vice President Swami Sivasubramanian said. Such generative technology can produce new text, images and other content on command. "Our mission is to make every compa...