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Artificial Intelligence

Artificial Intelligence News: AI will add $15 trillion to the global economy (according to Gartner) by 2030. This fast-moving, technological breakthrough is powering the next industrial revolution and will disrupt the global economy in unforeseen ways. The DailyAlts AI channel tracks the latest developments, capital flows, technological advancements, and other influences that will transform the 2020s.

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Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes

December 7, 2023

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while the ROCm 6 open software stack introduces new features supporting Large Language Models (LLMs). Additionally, the Ryzen 8040 Series processors come equipped with Ryzen AI capabilities.

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Artificial Intelligence: UK Crime Agency Warns AI Technology Could Aggravate Child Abuse

July 18, 2023

The National Crime Agency (NCA) in the UK has issued a warning that artificial intelligence (AI) could exacerbate the epidemic of child sexual abuse. The NCA estimates that one in every 50 men poses a risk to children, with up to 830,000 adults representing some degree of sexual danger to children in the country.

Artificial Intelligence: Echoing The Destruction From The Atom Bomb, Director Chris Nolan Warns On AI

July 17, 2023

Noted film director Christopher Nolan, who was speaking after a screening of his documentary “Oppenheimer” at The Whitby Hotel in New York, has issued a warning to technology companies and engineers in Silicon Valley. Nolan emphasized the importance of accountability in the realm of technological innovation.

Venture Capital: Hugging Face, An AI Startup, May Raise $200M Series D

July 14, 2023

Hugging Face, an AI model startup, is currently reviewing term sheets for a Series D funding round. The round is expected to raise a minimum of $200 million and value the company at $4 billion, according to Forbes.

Artificial Intelligence: China Mandates New Rules For AI, They Take Effect On August 15

July 14, 2023

China has introduced new regulations for generative artificial intelligence (AI), making it one of the first countries to do so. The guidelines, released by the Cyberspace Administration of China, aim to manage the rapidly growing industry and will take effect from August 15.

Artificial Intelligence: Tech Titans Launch Fresh Forays Into AI

July 13, 2023

Elon Musk recently discussed his plans for building a safer AI during a Twitter Spaces event. Instead of programming morality directly into the AI, his new startup company xAI aims to create a highly curious AI, said to be a challenger to ChatGPT.

Artificial Intelligence: KPMG And Microsoft Ink $12B Multi-Year Cloud And AI Alliance

July 12, 2023

KPMG and Microsoft (NASDAQ: MSFT) have announced a partnership to invest over $2 billion in the development of cloud and generative AI tools over the next five years. This collaboration is significant as rival consulting giants like PwC and Accenture have also made substantial commitments to AI-powered advancements.

Artificial Intelligence: Anthropic Launches Its All New AI Chatbot Dubbed Claude 2

July 11, 2023

Anthropic, an AI company valued at $4.1 billion, has launched its new AI chatbot called Claude 2 and offered it for public use. Claude 2, hitherto under testing by enterprises including Slack, Notion, and Quora, will now be available to the 350,000 consumers on a waitlist.

Artificial Intelligence: AI Model Helps Decipher The 24th Century BCE Akkadian Script

July 11, 2023

An interdisciplinary team of researchers consisting of computer scientists and historians has utilized artificial intelligence (AI) to decipher Akkadian, the world’s oldest language. The team, led by a Google (NASDAQ: GOOGL) software engineer and an Assyriologist from Ariel University, developed an AI model using technology similar to Google Translate to interpret the ancient cuneiform script found on clay tablets.

Artificial Intelligence: OpenAI Faces Class Action Suit From Sarah Silverman And Authors For Copyright Violation

July 10, 2023

Comedian Sarah Silverman, and novelists Richard Kadrey and Christopher Golden are suing ChatGPT creator OpenAI and Meta (NASDAQ: META), claiming the two AI entities used copyrighted content without permission for AI training purposes.

Artificial Intelligence: Visitors Queue Up For Astro Readings From A Co-Star Machine In NoLIta

July 7, 2023

The Co-Star machine, developed by a technology company called Co-Star, is attracting attention at the Iconic Magazines store in NoLIta. Resembling a large washing machine with celestial labels and blinking lights, the device allows users to ask questions and receive answers based on astrological calculations.

Venture Capital: Japanese Robotics Startup Telexistence Nabs $170M

July 6, 2023

Telexistence, a robotics company based in Tokyo, has successfully raised USD 170 million in a Series B funding round. The funding came from both existing investors, such as Monoful Venture Partners, KDDI Open Innovation Fund, and Airbus Ventures, as well as new investors including SoftBank Group Corp., Foxconn Co-GP Fund, and Globis Capital Partners.

Artificial Intelligence: The 2023 World Artificial Intelligence Conference (WAIC) In Shanghai Draws Record Participation

July 6, 2023

The 2023 World Artificial Intelligence Conference (WAIC) in Shanghai has attracted a record number of companies, reflecting the heightened activity in China’s AI industry. With over 400 participating companies, this year’s event marks a significant increase compared to previous years. The conference, themed “Intelligent Connectivity, Generating Future,” aims to bring together more than 1,400 distinguished guests, including scientists, entrepreneurs, government officials, and international delegates.

Artificial Intelligence: Now, Use Salty Sally To Pay Back Pesky Telemarketers!

July 5, 2023

AI-driven chatbots can now be employed to consume the time of scammers and telemarketers. A particular chatbot, Salty Sally, now utilizes the advanced capabilities of ChatGPT-4, an AI language model developed by OpenAI. These chatbots, created by the Jolly Roger Telephone Company (JRTC), imitate engaged but confused respondents to frustrate and waste the time of unwanted callers.

Venture Capital: UK-Based Mercuri Lands $63.5M For Backing AI-Powered Media Technology Startups

July 5, 2023

London-based media technology investor Mercuri, formerly known as GMG Ventures, has raised £50 million (approximately US$63.47 million) in a second fund from institutional investors. The British Business Bank, through its Enterprise Capital Funds (ECF) program, has made a significant investment as a cornerstone investor.

Venture Capital: Humane Reveals More About Its AI-Enabled Consumer Device

July 3, 2023

Humane, Inc. has announced the name of its first device, the Humane Ai Pin, which is set to be launched later this year. The Humane Ai Pin is a standalone device that incorporates AI technology to offer unique personal computing experiences. This wearable device, which can be attached to clothing, utilizes various sensors to facilitate contextual and ambient interactions.

Artificial Intelligence: The YOPI AI Device Tracks Heart Health From Your Sweat

July 3, 2023

Israeli hi-tech company YOPI Technologies, co-founded by Hemi Re’em and Dr. Menachem Genut, has successfully developed a revolutionary wearable AI-based device called YOPI (Your Online Personal Instructor) that monitors sweat to detect early signs of heart function deterioration. The device, worn on the arm, features a unique sensor for real-time monitoring of training intensity and personalized physiological adjustments, making it a game-changer in sports monitoring and heart health tracking.

Artificial Intelligence: Runway AI Lands $141M For Its Generative AI Tools

June 30, 2023

Runway, a startup specializing in generative AI tools for multimedia content creators, has secured a $141 million extension to its Series C funding round. The investment comes from major companies such as Google (NASDAQ: GOOGL), Nvidia (NASDAQ: NVDA), and Salesforce (NYSE: CRM).

Artificial Intelligence: Inflection AI Raises $1.3B For Its “Personal AI” Chatbot Pi

June 29, 2023

Artificial intelligence startup Inflection AI, backed by Microsoft, Nvidia, and billionaires Reid Hoffman, Bill Gates, and Eric Schmidt, has raised $1.3 billion in funding, just two months after the launch of its first chatbot, Pi. The Palo Alto-based company, led by former DeepMind leader Mustafa Suleyman, is now valued at $4 billion and claims to possess the world’s best AI hardware setup.

Artificial Intelligence: The US Mulling Further Restrictions On AI Chip Exports To China

June 28, 2023

The Biden administration is considering new restrictions on exporting artificial intelligence (AI) chips to China due to concerns over technology’s power in the hands of U.S. rivals. The Commerce Department may soon stop shipments of chips made by Nvidia (NASDAQ: NVDA) and others to China without a license.

Artificial Intelligence: The LaserWeeder Uses AI And Lasers To Bust Stubborn Weeds

June 27, 2023

Seattle-based company Carbon Robotics has developed an AI-powered agricultural tool called LaserWeeder, which utilizes robotics and lasers to eliminate weeds in fields. Weeds are a challenging and time-consuming aspect of farming, and the LaserWeeder offers a fast and accurate solution.

Artificial Intelligence: AI Unearths Valuable Research Insights On Seadragons Near Australia

June 26, 2023

Seadragons Search is a collaborative research project involving scuba divers across the globe and AI. A collaborative research project called Seadragons Search, which involves scuba divers and artificial intelligence, has revealed that different populations of weedy or common seadragons in the Great Southern Reef of Australia are genetically connected. This discovery contradicts previous theories suggesting…

Artificial Intelligence: JLR To Troubleshoot Supply Chain Issues With AI From Everstream Analytics

June 19, 2023

On Monday, JLR announced a partnership with Everstream Analytics, a company specializing in supply chain mapping and risk analytics. This collaboration will involve integrating artificial intelligence into JLR’s system with the aim of preventing future global supply issues.

Artificial Intelligence: CEOs Fear AI’s Threat To Humanity (Yale CEO Survey)

June 16, 2023

A survey conducted at the Yale CEO Summit reveals that 42% of CEOs are concerned that artificial intelligence (AI) could destroy humanity in the next five to 10 years. However, the survey, which gathered responses from 119 CEOs across different industries, indicated a variation of views on the risks and opportunities associated with AI. (Mint)

Artificial Intelligence: The European Union Approves Draft Legislation To Govern AI

June 15, 2023

The European Union has moved significantly closer to enacting pioneering legislation that would regulate artificial intelligence, marking a significant milestone in global AI governance.