AI Application and Implementation Tripping Over US State-based Hurdles LeapRate

April 10, 2024 BY Elizabeth Anderson

AI Application and Implementation Tripping Over US State-based Hurdles

That hamstrings businesses wishing to maximise AI technologies and innovations internationally and across local borders. Yahoo Finance reports that in Utah, for instance, legislators are pondering whether select companies should disclose non-human interaction with customers. Connecticut lawmakers are considering regulations for lesser transparency regarding so-called "high-risk" AI applications. Don’t miss out the latest news, subscribe…

March 13, 2024 BY Robert Bell

Reddit aims for $6.4bn valuation

Reddit, a news aggregation site and forum network with over 73 million users, has never made a profit to date, but is regarded as one of the world’s biggest and most widely read websites. It has now revealed that its IPO will involve 22 million shares that will be sold for between $31 and $34…

February 29, 2024 BY Elizabeth Anderson

French Government Pleads Ignorance Regarding the Microsoft-Mistral AI Collaboration

On Monday, 26 February 2024, Microsoft announced it had struck a multi-year deal with Mistral AI. The US tech titan invested $16m in the French company to introduce its specific AI protocols through the Azure cloud computing platform. In its press statement, Microsoft wrote: This partnership with Microsoft enables Mistral AI with access to Azure's…

January 09, 2024 BY Elizabeth Anderson

Nvidia set to mass produce H20 chip aimed at Chinese market

According to a Reuters report, the H20 chip launch was originally scheduled for November 2023; however, due to integration challenges faced by several different server manufacturers, the launch was postponed to its new date of October 2024. The H20, the third chip designed specifically with China as its majority user (after L20 and L2), is…

January 04, 2024 BY Elizabeth Anderson

Intel and DigitalBridge combine efforts to launch Articul8

Reportedly, Intel did not elaborate on the value of this joint venture or its interest in it. The chipmaker did however confirm that this new organisation will have an independent board of directors, not be publicly listed, and that it is a shareholder. Earlier work in collaboration with Boston Consulting Group (BCG) laid the foundation…

December 05, 2023 BY Elizabeth Anderson

NASDAQ underestimates tech and AI boom as shares predicted to skyrocket

Ives, and a string of other Wall Street tech analysts, suggested that the pace of IT expenditure and endorsement is no match for the money being pumped into AI resources at present, and, according to experts, this is set to continue. Wedbush Securities Inc., a global private investment firm, seconded Ives’ statement, noting that stock…

November 20, 2023 BY Elizabeth Anderson

Microsoft swoops in as OpenAI board shows Sam Altman the door

Murati has been part of the OpenAI leadership team for five years. In its press release, the company stated: Mira has played a critical role in OpenAI’s evolution into a global AI leader. She brings a unique skill set, understanding of the company’s values, operations, and business, and already leads the company’s research, product, and…

August 07, 2023 BY Alan Sayer

How to circumvent big tech when investing in AI

Experts predict this niche will be worth trillions in years to come. As such, the market attracts more and more investors, and most think tech giants are the answer to getting one’s hands on a slice of the AI share pie. Although it is true that exchange-traded funds (ETFs) focusing on stocks such as Microsoft…

August 02, 2023 BY Alan Sayer

AMD reveals AI plans for strong year-end in the wake of Q2 results

In the same breath, AMD predicted ending the year on a strong financial note as it plans to launch AI chips that are on par with the current Nvidia offerings. CEO Lisa Su indicated that the company aims to boost the manufacture of the artificial intelligence M1300 semiconductors, one of its flagship products, in the…

July 31, 2023 BY Alan Sayer

Gearing for the future: Letting AI tools drive retail investment portfolios

The social trading platform conducted a study of 10,000 retail investors in 13 countries to gauge the receptiveness of applying evolving technological trends in investment decisions. The gathered data reflected that 35% of these were willing to use technology to inform trading choices, while 40% firmly rejected the notion. Interestingly, the 19% open to the…

Tag: Artificial intelligence (AI)