AI investment – pressnews

AI roundup [April 13]: CJI Chandrachud advocates ethical AI, AI investment and more

13Apr

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Technology

AI roundup [April 13]: CJI Chandrachud advocates ethical AI, AI investment and more

[ad_1] CJI Chandrachud advocates ethical AI in legal research; AI investment to boost productivity and worker pay: BlackRock CEO; Instagram enhances content discovery with generative AI integration; Surat municipal schools to offer AI and coding courses- this and more in our daily roundup. Let us take a look.1. CJI Chandrachud advocates ethical AI in legal researchChief Justice of India DY Chandrachud, at the Indo-Singapore Judicial Conference, advocates for ethical AI integration in legal research. He lauds technology's role in reshaping the judiciary, stressing ethical considerations. Chandrachud highlights India-Singapore ties and Singapore's technological advancements, promoting cross-border dispute resolution, ANI reported. Also read: Google One VPN to be discontinued, here's the ...

AI roundup [April 9]: Remote proctored exam platform unveiled, South Korea invests in AI and more

9Apr

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AI roundup [April 9]: Remote proctored exam platform unveiled, South Korea invests in AI and more

[ad_1] AI roundup: With preference for online exams growing, an online assessment solutions company announced its AI-powered remote proctored exam platform to eliminate the chances of cheating. In other news, South Korea is planning to invest over $7 billion in AI to retain its name as a leading semiconductor chip provider. Know about more such AI news from today, April 9, in our roundup. New AI-powered remote proctored exam platform announcedA company named ExamOnline launched its next-generation online remote proctored exam platform which is powered by AI technology. The platform utilizes AI-powered proctoring and uses technology such as facial recognition, behavioural analysis, and environmental monitoring to identify any potential chance of cheating. Maneesh Singh, CEO of ExamOnlin...

US companies are discussing cost cuts and AI like never before

12Feb

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Technology

US companies are discussing cost cuts and AI like never before

[ad_1] US companies are discussing cost control on earnings calls at a record rate, amid a push to reallocate funds and invest in new technologies, according to an analysis by Morgan Stanley strategists.Transcript mentions of “operational efficiency” are at highest ever in the US during this earnings season as companies focus on expense discipline, but also invest in technologies “that can drive future productivity like AI,” a team led by Michael Wilson wrote in a note. There is a notable overlap among the industries discussing operational efficiency most prevalently and those that are discussing AI, the strategists said. These groups include software, professional services, health care services, and financial services. Pfizer Inc., BlackRock Inc., and Lam Research Corp. were among S&am...

5 things about AI you may have missed today: AI drives 37% growth in tech M&A, World’s first AI-powered restaurant, more

7Jan

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Technology

5 things about AI you may have missed today: AI drives 37% growth in tech M&A, World’s first AI-powered restaurant, more

[ad_1] AI drives 37% growth in tech M&A, valued at $984 billion by 2030; X Japan's Yoshiki calls for AI legislation to protect artists rights; AI researchers stunned by unprecedented pace of development, survey finds; IBM's Sriram Raghavan forecasts 40% surge in demand for AI specialists- this and more in our daily roundup. Let us take a look.1. AI drives 37% growth in tech M&A, valued at $984 billion by 2030AI propels a 37 percent compound growth in tech M&A, reaching $984 billion by 2030, despite a post-pandemic dip. Corporates anticipate increased deal volumes and values, driven by AI's transformative role and tech giants' continued investment. AI turbocharges diligence, enhancing efficiency and data protection, with legal implications for handling personal data. Investor...

5 things about AI you may have missed today: AI deepfakes, Google to invest $2 Bn in Anthropic, more

28Oct

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Technology

5 things about AI you may have missed today: AI deepfakes, Google to invest $2 Bn in Anthropic, more

[ad_1] We have entered the weekend, and yet, artificial intelligence developments are happening at full throttle. In the first incident, a new report has found that due to the possibility of AI-based deepfakes, people online are questioning even genuine videos and photos that are coming from the ground zero in Gaza. In other news, Google has committed to invest $2 billion in the AI company Anthropic, solidifying its relationship with the startup. The move is seen as similar to Microsoft investing in OpenAI. This and more in today's AI roundup. Let us take a closer look.AI muddies Hamas-Israel conflictAI is making it harder for people to trust the images and videos they see online, reports The New York Times. A disturbing image of a charred body initially believed to be a deceased child,...

Investors Are Happy to Pay Premium for Tech, But Not for AI

31Jul

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Technology

Investors Are Happy to Pay Premium for Tech, But Not for AI

[ad_1] Investors on Wall Street and beyond are betting that the great tech rally of 2023 has staying power, even as they appear skeptical that the artificial-intelligence era will live up to the hype.Some 77% of the 514 respondents to the latest Markets Live Pulse survey are planning to either increase their exposure to technology stocks or keep it steady over the next six months. Meanwhile, less than 10% see a bubble in the sector bursting anytime soon. That bullishness has pushed the Nasdaq 100 to its best first half in history, ramping up market valuations and blindsiding pros on the Street. Yet while survey participants are likely riding the AI-fueled market melt-up thanks to their broad equity exposure, they aren't going all-in on the technology just yet. Half are disinclined to pa...

5 things about AI you may have missed today: AI promise by Intel, US’ chip exports, and more

28Jul

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Technology

5 things about AI you may have missed today: AI promise by Intel, US’ chip exports, and more

[ad_1] Witnessing the AI boom, every big company is investing heavily in the technology and new developments are being revealed at a rapid pace. Intel recently announced its plans to incorporate AI into every product they build, while TSMC has launched a new R&D center for manufacturing microchips, as AI demands surge. All this, and more in our roundup of the 5 big things in AI that you may have missed today.1. Intel to “build AI into every product”Expanding its investment in artificial intelligence, Intel has announced plans to incorporate this technology into every product they build. According to a report by The Verge, Intel CEO Pat Gelsinger revealed future plans during a Q2 2023 earnings call. The company will also unveil its consumer Meteor Lake chip later this year which will...

Larry Fink Says AI Could Be the Technology That Curbs Inflation

15Jun

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Technology

Larry Fink Says AI Could Be the Technology That Curbs Inflation

[ad_1] BlackRock Inc. Chief Executive Officer Larry Fink said artificial intelligence has tremendous potential to boost productivity and may ultimately be the technology that can tamp down inflation.The collapse of productivity has been a key issue within global economies and a major “reason why we have such sticky inflation,” he said Wednesday at the BlackRock Investor Day. Fink said AI “may be the technology that can bring down the inflation.” The CEO of the world's largest asset manager said AI could have “some very large outcomes for long-term investing” and could also transform margins across sectors. With AI, Fink said, BlackRock will have the “same healthy paranoia, the same healthy enthusiasm,” that it brings to its other businesses. Fink and other senior executives laid out a v...

15Jun

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Technology

Macron demands French AI ‘champions’

[ad_1] President Emmanuel Macron made a pitch on Wednesday for France to become a leader in artificial intelligence (AI) as he spoke at VivaTech in Paris, one of Europe's biggest technology trade shows. He announced 500 million euros ($543 million) in new funding to "create champions" in AI and praised projects targeting French speakers, as concern grows about Silicon Valley firms fuelling English-language domination of AI systems. Twitter and Tesla boss Elon Musk is scheduled to appear at VivaTech on Friday, when he is likely to talk about his company Neuralink, which recently won US approval for human testing of technology that uses implants to link brains with computers. More than 2,000 firms are displaying at VivaTech, which runs from Wednesday to Saturday, with products ranging f...