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IT clients taking cautious approach to costly AI technology, says Infosys executive
Feb 26,2024
IT clients are keen to adopt AI technology, but the high cost is causing them to take a cautious approach, according to Satish HC, executive vice-president and co-head of delivery at Infosys. Infosys Limited is an Indian multinational information tec...
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Tyler Perry halts $800 Million studio expansion due to AI concerns
Feb 26,2024
Renowned film and television mogul, Tyler Perry, has chosen to put a temporary pause on his ambitious$800 million studio expansion, citing worries related to the advancements in AI, with a specific focus on OpenAI's video generation tool, Sora. Perry...
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Tallinn University of Technology leads European consortium in establishing AI safety center
Feb 26,2024
A group of leading European universities, led by Tallinn University of Technology, is set to establish the Estonian Center for Safe and Trustworthy AI (ECSTAI) to take the lead in discussing AI safety in Europe. Estonia's experience in digital govern...
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Meta takes action against disinformation and AI misuse ahead of EU elections
Feb 26,2024
Meta, the company that owns Facebook, is establishing a dedicated team to combat disinformation and address the misuse of generative AI in the lead-up to the European Parliament elections scheduled for June. The rise of generative AI, capable of rapi...
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AI chip sales are driving stock markets to new records
Feb 26,2024
The Dow Jones Industrial Average shot up more than 450 points on Thursday, rocketing past 39,000 for the first time - with much of that gain attributed to one company's earnings buoyed by artificial intelligence and cloud tech.Nvidia's fourth-quarter...
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Apple gets smart about tech support and genAI
Feb 26,2024
Self-healing machines are becoming a reality, one generative AI (genAI) fault diagnosis tool at a time; one day, even your iPhone will tell you when it thinks it has a problem.That's the logical next step to this Apple AI story fromMacRumors,whi...
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The highest-paid IT skills - and why you need them on your resume
Feb 26,2024
The top 10 highest paid skills in tech can help workers earn up to 47% more - and the top skill among them is generative artificial intelligence (genAI), according to a new report from employment website Indeed and other sources.For ex...
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Microsoft plans E2B investment in AI and cloud infrastructure in Spain
Feb 26,2024
Microsoft plans to quadruple its investments in artificial intelligence (AI) and cloud infrastructure in Spain, spending E1.95 billion ($2.1 billion) there in the next two years as part of CEO Satya Nadella's commitment to promote digital innovation ...
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US forms task force to explore guardrails for AI
Feb 26,2024
In a new effort to push for AI regulations, the US House of Representatives members have formed a bipartisan task force to explore legislation to address the growing worries and concerns related to AI adoption."The task force will seek to produce a c...
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OpenAI's Sora text-to-video tool's impact will be 'profound'
Feb 26,2024
OpenAI last week unveiled a new capability for its generative AI (genAI) platform that can use a text input to generate video - complete with life-like actors and other moving parts.The new genAI model, called Sora, has a text-to-video function that ...
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Air Canada chatbot error underscores AI's enterprise liability danger
Feb 26,2024
A civil tribunal in Canada has ordered Air Canada to pay for a mistake made by a customer-service chatbot, highlighting the need for companies to better train and monitor their artificial intelligence (AI) tools.British Columbia resident Jake Moffatt...
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Adobe's new Acrobat genAI assistant aims to streamline reading PDFs
Feb 26,2024
Adobe is promising to make it easier to digest lengthy PDFs with a new generative AI (genAI) assistant coming to Acrobat.The Acrobat AI Assistant is now available in public beta for customers on paid Acrobat individual and teams licenses (a private b...
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