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AI startup Etched to produce $120M worth specialised chip
Jun 25,2024
Etched, an AI startup based in San Francisco, announced that it secured$120 million, aiming to create a specialised kind of chip tailored to run a specific type of AI model commonly used by OpenAI's ChatGPT and Google's Gemini. Unlike Nvidia, which d...
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Privacy concerns behind Apple abandoning Meta partnership, report says
Jun 25,2024
In recent days, the landscape of AI integration on Apple's devices has become a topic of discussion. Initially, it was reported that a potential partnership could involve Apple's cooperation with Meta's AI services. However, 'people with knowledge on...
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Chinese AI companies respond to OpenAI restrictions
Jun 25,2024
Chinese AI companies are swiftly responding to reports that OpenAI intends to restrict access to its technology in certain regions, including China. OpenAI, the creator of ChatGPT, is reportedly planning to block access to its API for entities in Chi...
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Italian watchdog tests AI for market oversight
Jun 25,2024
Italy's financial watchdog, Consob, has begun experimenting with AI to enhance its oversight capabilities, particularly in the initial review of listing prospectuses and the detection of insider trading. According to Consob, these AI algorithms aim t...
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EvolutionaryScale secures $142 million to enhance AI applications in biology
Jun 25,2024
AI startup EvolutionaryScale has secured$142 million in seed funding, led by investors including Nat Friedman, Daniel Gross, and Lux Capital. Both Amazon Web Services (AWS) and NVIDIA's venture capital arm participated in this substantial funding rou...
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US record labels sue Suno and Uncharted Labs for copyright infringement
Jun 25,2024
Major US record labels are suing AI music startups Suno and Uncharted Labs, accusing them of mass copyright infringement. The lawsuits, filed in federal courts in Massachusetts and New York, represent content creators' efforts to challenge the use of...
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Meta faces backlash from photographers over mislabeling real photos
Jun 25,2024
Meta faced criticism from photographers after its 'Made by AI' label was incorrectly applied to genuine photos. Notably, a photo taken by former White House photographer Pete Souza and an Instagram photo of the Kolkata Knight Riders' IPL victory were...
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UAE government partners with Rittal for AI development
Jun 25,2024
During the 2024 AI Retreat, the Artificial Intelligence, Digital Economy, and Remote Work Applications Office of the United Arab Emirates entered a strategic partnership with Rittal FZE, a Rittal and Co KG division based in Herborn, Germany. Rittal, ...
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Google enhances Gmail with new AI features
Jun 25,2024
Google is enhancing Gmail with new AI features designed to streamline email management. A new Gemini side panel is being introduced for the web, which is capable of summarising email threads and drafting new emails. Users will receive proactive promp...
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College grads with AI experience attract employers from every job sector
Jun 25,2024
SDI Productions/Getty Images Every major upheaval in business or technology sends ripples through the job market. When mergers and acquisitions and junk bonds were hot in the '80s and '90s, corporate financ...
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Geologists voice concerns about potential censorship and bias in Chinese AI chatbot
Jun 24,2024
Geologists are expressing concerns about potential Chinese censorship and bias in GeoGPT, a new AI chatbot backed by the International Union of Geological Sciences (IUGS). Developed under the Deep-time Digital Earth (DDE) program, which is heavily fu...
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Nvidia signs partnership with Qatar's Ooredoo amid US restrictions in the region
Jun 24,2024
Nvidia has signed a new partnership with Qatari telecom group Oreedoo to bring its AI technology to data centres in five Middle Eastern countries. Signed at the TM Forum in Copenhagen last week, the deal makes Ooredoo a Nvidia cloud partner (NCP) tha...
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