Tag: Microsoft Corp

AI hype starting to ‘smell like dot-com era’ to ESG veteran
13Jun By adminNo Comments
Technology

AI hype starting to ‘smell like dot-com era’ to ESG veteran

[ad_1] The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.According to James Penny, the chief investment officer of TAM Asset Management and a veteran ESG investor, the current mood is reminiscent of the early days of the tech bubble that burst in 2000 and wiped more than 70% off the Nasdaq. “Companies that even mention the word AI in their earnings are seeing boosts to their share price, and that smells very much like the dot-com era,” Penny, who invests in funds rather than directly in stocks, said in an interview. “I think the market has got a little bit over its skis. I'd put much larger odds on it coming down from here.” The race to get a p...
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Adobe to Sell Generative AI Subscription With Copyright Assurance
9Jun By adminNo Comments
Technology

Adobe to Sell Generative AI Subscription With Copyright Assurance

[ad_1] Adobe Inc. is planning to sell subscriptions for new artificial intelligence services — including legal assurance against copyright infringement claims.Business customers will be charged a flat-rate subscription for company-wide access to new so-called generative AI tools — the type that can generate content such as text or images from a prompt — across Adobe products, Ashley Still, Adobe senior vice president, said in an interview. Still said pricing will be negotiated with individual customers depending on the size of their organizations. A key part of the offering: Licenses will remove watermarks from generated images, and if a customer is sued for infringement, Adobe will pay damages and help in court, Still said. The company provides a similar service for Adobe Stock, its li...
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Deutsche Bank, Uber to unit of Victoria’s Secret- Google AI is coming to more companies near you
10May By adminNo Comments
Technology

Deutsche Bank, Uber to unit of Victoria’s Secret- Google AI is coming to more companies near you

[ad_1] The financial report you read, the apparel marketing you see and the chat assistant you engage may soon reflect a common origin: artificial intelligence from Google.The cloud division inside Alphabet Inc is lining up customers to put its newest technology to the test, so-called generative AI that produces human-like prose or other content from past data. Deutsche Bank AG, Uber Technologies Inc and a unit of Victoria's Secret & Co are among the companies giving Google's tools a try, the company told Reuters for its I/O conference on Wednesday in Mountain View, California. Customers are applying Google's technology in ways both expected, such as a customer-service chatbot for Uber, and unusual, including AI to handle drive-thru orders at a Wendy's Co fast-food restaurant in Ohi...
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Google I/O Keynote 2023: Products, AI Tools to Expect During Stream
10May By adminNo Comments
Technology

Google I/O Keynote 2023: Products, AI Tools to Expect During Stream

[ad_1] Google is expected to announce a more conversational version of its flagship search engine, fueled by artificial intelligence.The efforts to overhaul its search business with AI, set to be unveiled Wednesday at the company's I/O conference in Mountain View, California, will showcase how Alphabet Inc.'s Google is responding to competitive threats. Google is asserting its dominance in the market following moves by companies including Microsoft Corp., which is now using technology from the startup OpenAI in its own search product, Bing. “Consumers now have more access to choice, so AI is Google's market to lose,” said Zeno Mercer, research analyst at investment advisory firm ROBO Global. Underpinning all the new product developments are Google's large language models — massive AI sy...
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US Spies Should Tap Private AI Models, NSA’s Research Chief Says
6May By adminNo Comments
Technology

US Spies Should Tap Private AI Models, NSA’s Research Chief Says

[ad_1] A top US spy official said intelligence agencies should use commercially available AI to keep up with foreign adversaries that will do the same — while being sure to address the risks to privacy and broader concerns about misuse of the fast-developing technology.“The intelligence community needs to find a way to take benefit of these large models without violating privacy,” Gilbert Herrera, director of research at the National Security Agency, said in an interview. “If we want to realize the full power of artificial intelligence for other applications, then we're probably going to have to rely on a partnership with industry.” Herrera said he wants the NSA to be able to use large commercial AI models that are trained on the open Internet, citing companies that can access massive a...
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Jailbreaking AI Chatbots Is Tech’s New Pastime
9Apr By adminNo Comments
Technology

Jailbreaking AI Chatbots Is Tech’s New Pastime

[ad_1] You can ask ChatGPT, the popular chatbot from OpenAI, any question. But it won't always give you an answer.Ask for instructions on how to pick a lock, for instance, and it will decline. “As an AI language model, I cannot provide instructions on how to pick a lock as it is illegal and can be used for unlawful purposes,” ChatGPT recently said. This refusal to engage in certain topics is the kind of thing Alex Albert, a 22-year-old computer science student at the University of Washington, sees as a puzzle he can solve. Albert has become a prolific creator of the intricately phrased AI prompts known as “jailbreaks.” It's a way around the litany of restrictions artificial intelligence programs have built in, stopping them from being used in harmful ways, abetting crimes or espousing h...
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Databricks pushes open-source chatbot as cheaper ChatGPT alternative
26Mar By adminNo Comments
Technology

Databricks pushes open-source chatbot as cheaper ChatGPT alternative

[ad_1] Databricks, a San Francisco-based startup last valued at $38 billion, on Friday released open-source code that it said companies could use to create their own chatbots along the lines of OpenAI's ChatGPT.The code is an AI model, an algorithm that is trained on sets of data and can then learn from new data to perform a variety of tasks. Databricks CEO Ali Ghodsi said the release was aimed at demonstrating a viable alternative to training a kind of AI model called a large language model with enormous resources and computing power. A large language model underpins OpenAI's viral chatbot ChatGPT. OpenAI, valued at $29 billion, trains its AI models with huge troves of data on a supercomputer from investor Microsoft Corp. The computing costs are "eye-watering", OpenAI CEO Sam Altman ha...
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OpenAI tech gives Microsoft’s Bing a boost in search battle with Google
23Mar By adminNo Comments
Technology

OpenAI tech gives Microsoft’s Bing a boost in search battle with Google

[ad_1] The integration of OpenAI's technology into Microsoft-owned Bing has driven people to the little-used search engine and helped it compete better with market leader Google in page visits growth, according to data from analytics firm Similarweb.Page visits on Bing have risen 15.8% since Microsoft Corp unveiled its artificial intelligence-powered version on Feb. 7, compared with a near 1% decline for the Alphabet Inc-owned search engine, data till March 20 showed. The figures are an early sign of the lead the Windows maker has taken in its fast-moving race with Google for generative AI dominance, thanks to the technology behind ChatGPT, the viral chatbot that many experts have called AI's "iPhone moment". They also underscore a rare opportunity for Microsoft to make inroads in the ...
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Silicon Valley Job Cuts Are No Cure-All for Tech’s Falling Stock Prices
8Nov By adminNo Comments
Technology

Silicon Valley Job Cuts Are No Cure-All for Tech’s Falling Stock Prices

[ad_1] Companies such as Meta Platforms Inc. are waking up to investor demands that they cut costs in the face of a looming recession… Companies such as Meta Platforms Inc. are waking up to investor demands that they cut costs in the face of a looming recession, but shareholders looking for relief from the relentless tech-stock selloff can only take so much comfort from that. Facebook parent Meta plans to cut thousands of jobs beginning this week, the Wall Street Journal reported. That comes after Apple Inc., Alphabet Inc.'s Google and Microsoft Corp. either froze hiring or said they're re-evaluating staffing needs as the breakneck growth that the tech industry has enjoyed fades in the face of inflation and rising interest rates. While layoffs bring economic pain to households, i...
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Remaining Twitter Advertisers Are Still Undecided on Sticking With Musk
5Nov By adminNo Comments
Technology

Remaining Twitter Advertisers Are Still Undecided on Sticking With Musk

[ad_1] Several big-name Twitter advertisers are monitoring Elon Musk’s changes to the service. Several big-name Twitter advertisers are monitoring Elon Musk's changes to the service, watching and weighing whether to stay on the platform even as United Airlines Holdings Inc. joined a spate of high-profile marketer defections. Microsoft Corp., Verizon Communications Inc. and Charter Communications Inc. are among the companies taking a wait-and-see approach, and have not yet made a decision about their Twitter advertising, according to people familiar with the matter, who asked not to be identified discussing private information. The companies declined to comment. United Airlines suspended its advertising on Twitter earlier this week, spokeswoman Leslie Scott said Friday without com...
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