Tag: AI race

AI Act passed! European Union Parliament adopts ‘pioneering’ rules on artificial intelligence
14Mar By adminNo Comments
Technology

AI Act passed! European Union Parliament adopts ‘pioneering’ rules on artificial intelligence

[ad_1] The European Parliament gave final approval on Wednesday to the world's most far-reaching rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT.The AI Act focuses on higher-risk uses of the technology by the private and public sector, with tougher obligations for providers, stricter transparency rules for the most powerful models like ChatGPT, and outright ban on tools considered too dangerous. Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the risks of a technology developing at breakneck speed, while also fostering innovation on the continent. EU chief Ursula von der Leyen hailed the vote ushering in a "pioneering framework for innovative AI, with clear guardrails.""This will benefit Europe's...
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5 things about AI you may have missed today: Volkswagen joins AI race, ‘global AI shift to benefit India’, more
31Jan By adminNo Comments
Technology

5 things about AI you may have missed today: Volkswagen joins AI race, ‘global AI shift to benefit India’, more

[ad_1] AI roundup: With most companies across the globe developing their AI tools and services, Volkswagen, one of the biggest car companies in the world, has also created an AI lab for building new digital prototypes for its products and features. Microsoft CEO Satya Nadella is all set to visit India and Microsoft India and South Asia President Puneet Chandok said that the country will benefit the most from the global AI shift. Know what's happening in the world of AI.Volkswagen joins AI race with new lab; now in search of partnersVolkswagen has founded an AI lab for curating ideas for new products integrated with AI. To take the initiative forward, the company is looking for potential partners in the technology sector across China, North America and Europe. It aims to develop digital ...
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Google, Microsoft, Amazon, Nvidia to Sam Altman, check out the wild Generative AI ride in 2023
4Jan By adminNo Comments
Technology

Google, Microsoft, Amazon, Nvidia to Sam Altman, check out the wild Generative AI ride in 2023

[ad_1] After OpenAI stole the limelight, Google, Microsoft, Amazon and other Big Tech companies rushed muscled in on the Generative AI action along with a sideshow that starred Sam Altman.ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks after the Nov. 30 launch of the generative artificial intelligence-powered chatbot, OpenAI, the non-profit behind ChatGPT, was projected to rake in as much as $1 billion in revenue in 2024, sources told Reuters at the time. The so-called large language model's ability to turn prompts into poetry, song, and high school essays enchanted 100 million users within two months, accomplishing what took Facebook four and a half years and Twitter five in becoming the fastest growing consumer app ever. Sometimes, the ...
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Elon Musk’s Starlink, Jeff Bezos’ Kuiper to get rival as EU seeks satellite offers in AI race
16Dec By adminNo Comments
Technology

Elon Musk’s Starlink, Jeff Bezos’ Kuiper to get rival as EU seeks satellite offers in AI race

[ad_1]  Europe is seeking final offers for a 6 billion euro ($6.55 billion) EU satellite constellation which is designed to compete with Elon Musk's Starlink and Jeff Bezos' Kuiper.But authorities have been warned that the IRIS² system, initiated by the European Commission, risks missing out on the latest wave of artificial intelligence and becoming outdated before it is even launched due to bureaucracy. The European Space Agency said on Friday it would seek final offers to develop the secure communications system, a flagship project spurred in part by the role of Musk's Starlink as a backbone for Ukraine in the war with Russia. For now, the sole known bidder for the main IRIS² contract is a consortium of Airbus, Thales Alenia Space , Eutelsat, Hispasat and SES.The array of up to 170 sa...
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Alphabet Needs to Show Path to AI Sales in Race With Microsoft
15Dec By adminNo Comments
Technology

Alphabet Needs to Show Path to AI Sales in Race With Microsoft

[ad_1] Alphabet Inc. just got a reminder of how important the perception of having a winning AI strategy is for investors.The Google owner added $87 billion in market value in a single day last week after showing off the capabilities of its Gemini large language model, which it claims can rival OpenAI's ChatGPT. To sustain those gains, tech “The whole business model depends on getting this right,” said Gene Munster, co-founder and managing partner at Deepwater Asset Management, whose firm holds the stock. “If they can nail multi-modal generative AI, that will draw usage to Google, and that increased usage will protect and grow the search business.” Shares of Alphabet rose 0.5% on Thursday.Alphabet has been dogged all year by concerns it has fallen behind Microsoft Corp. in the AI race. ...
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TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race
11Jun By adminNo Comments
Technology

TikTok-Owner Tests ChatGPT-Style Bot After Joining China AI Race

[ad_1] ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group Holding Ltd. to Baidu Inc. in a race to create a local version of ChatGPT.TikTok's owner has code-named the project “Grace,” a ByteDance spokesperson said without revealing more details. Employees using the service will be greeted by a pop-up message saying it's based on several large language models, according to one of the testers, who asked to remain unidentified discussing an internal project. The mysterious chatbot is the first official indication of ByteDance's push into the nascent field of generative AI, which took off after OpenAI demonstrated its potential by rolling out ChatGPT in November. The Chinese company, which also...
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Google is falling behind in AI arms race, senior engineer warns
5May By adminNo Comments
Technology

Google is falling behind in AI arms race, senior engineer warns

[ad_1] A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.The engineer, Luke Sernau, published the document on an internal system at Google in early April. Over the past few weeks, the document was shared thousands of times among Googlers, according to a person familiar with the matter, who asked not to be named because they were not authorized to discuss internal company matters. On Thursday, the document was published by the consulting firm SemiAnalysis, and made the rounds in Silicon Valley. In Sernau's analysis, Google's rivalry with startup OpenAI had distracted from the ra...
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Musk, scientists call for halt to AI race sparked by ChatGPT
30Mar By adminNo Comments
Technology

Musk, scientists call for halt to AI race sparked by ChatGPT

[ad_1] Are tech companies moving too fast in rolling out powerful artificial intelligence technology that could one day outsmart humans? That's the conclusion of a group of prominent computer scientists and other tech industry notables such as Elon Musk and Apple co-founder Steve Wozniak who are calling for a 6-month pause to consider the risks. Their petition published Wednesday is a response to San Francisco startup OpenAI's recent release of GPT-4, a more advanced successor to its widely-used AI chatbot ChatGPT that helped spark a race among tech giants Microsoft and Google to unveil similar applications. WHAT DO THEY SAY? The letter warns that AI systems with “human-competitive intelligence can pose profound risks to society and...
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Bard, Bing and Baidu: how big tech’s AI race will transform search – and all of computing
10Feb By adminNo Comments
Technology

Bard, Bing and Baidu: how big tech’s AI race will transform search – and all of computing

[ad_1] Today, if you want to find a good moving company, you might ask your favourite search engine – Google, Bing, or DuckDuckGo perhaps – for some advice. After wading past half a page of adverts, you get a load of links to articles on moving companies. You click on one of the links and finally read about how to pick a good 'un. But not for much longer. In a major reveal this week, Google announced plans to add its latest AI chatbot, LaMDA, to the Google search engine. The chatbot has been called the “Bard”. I hope William Shakespeare's descendants sue. It's not the job of arguably the greatest writer of the English language to answer mundane questions about how to find a good moving company. But he will. Ask the Bard how, and he will reply a...
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