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Samsung streamlines AI chip production
Jun 13,2024
Samsung Electronics is stepping up its game in the AI chip market by streamlining its contract manufacturing process to offer clients a comprehensive, one-stop shop. By integrating its top-tier memory chip, foundry, and chip packaging services, the t...
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LinqAI makes bid to better integrate AI into the business world
Jun 12,2024
As the market for AI applications in specific domains keeps growing, startup LinqAI has found its niche within the financial sector. This platform seeks to make AI tools that are able to adapt to any business environment and take care of simpler task...
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Oracle shares soar on AI cloud demand
Jun 12,2024
Oracle's stock soared nearly 9% on Wednesday, propelled by surging demand for its cost-effective cloud infrastructure services, particularly from AI applications. The surge could boost the company's market valuation by over$28 billion, adding to its ...
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Particle teams up with Reuters to reinvent news delivery
Jun 12,2024
Particle, a news-reader startup developed by former Twitter engineers, is partnering with publishers to navigate the evolving landscape of news consumption in the AI era. By leveraging AI technology, Particle aims to provide news summaries from vario...
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Brazil partners with OpenAI to modernise legal processes and cut court costs
Jun 12,2024
Brazil's government has enlisted OpenAI's services to streamline the assessment of thousands of lawsuits using AI, aiming to mitigate costly court losses that have burdened the federal budget. Through Microsoft's Azure cloud-computing platform, OpenA...
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Google emerges as a winner alongside Open AI at WWDC 2024
Jun 12,2024
Two partnerships were unveiled at Apple's yearly Worldwide Developer Conference on Monday; one on stage and one in the fine-print. A partnership with OpenAI to use GPT 4.0 within Siri's Apple Intelligence was openly publicised, but use of Google chip...
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Pope Francis to address AI ethics at G7 summit
Jun 12,2024
Pope Francis is set to make history at the upcoming G7 summit in Italy's Puglia region by becoming the first pope to address the gathering's discussions on AI. His participation underscores his commitment to ensuring that AI development aligns with h...
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Google tests AI anti-theft feature for phones in Brazil
Jun 12,2024
Alphabet's Google announced that Brazil will be the first country to test a new anti-theft feature for Android phones, utilising AI to detect and lock stolen devices. The initial test phase will offer three locking mechanisms. One uses AI to identify...
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Musk drops lawsuit against OpenAI
Jun 12,2024
Billionaire entrepreneur Elon Musk has moved to dismiss his lawsuit against OpenAI, the AI company he co-founded, and its CEO Sam Altman. The lawsuit, filed in February, accused OpenAI of straying from its original mission of developing AI for the be...
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Turkish student jailed for using AI to cheat on exam
Jun 11,2024
Turkish authorities have arrested a student for using a makeshift device linked to AI software to cheat during a university entrance exam. The student, who was acting suspiciously, was detained by police during the exam and later formally arrested an...
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Apple announces partnership with OpenAI to integrate ChatGPT into Siri
Jun 11,2024
Apple is integrating OpenAI's ChatGPT into Siri, as announced at its WWDC 2024 keynote. The partnership will allow iOS 18 and macOS Sequoia users to access ChatGPT for free, with privacy measures ensuring that queries aren't logged. Additionally, pai...
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US Treasury Secretary shares remarks about use of AI in finance
Jun 11,2024
At a conference hosted by the Financial Stability Oversight Council (FSOC) and Brookings Institution, US Treasury Secretary Janet L. Yellen announced the department's newest remarks on the use of AI in financial institutions. This comes as an update ...
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