Browsing: AI

Meta Platforms, the parent company of Facebook, surged in trading today following the debut of its latest artificial intelligence model, as CEO Mark Zuckerberg sets his sights on dominating the AI landscape. The tech behemoth, valued at over a trillion

In a move set to galvanize the landscape of artificial intelligence (AI) development, Microsoft has announced a hefty $1.5 billion investment in G42, the foremost AI technology holding company headquartered in the UAE.

In a landmark move, the European Union’s parliament has greenlit the world’s pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI). This groundbreaking legislation, known as the EU AI Act, sets forth a nuanced categorization of AI technologies based

In a landmark move, Tennessee recently introduced the Ensuring Likeness Voice and Image Security (ELVIS) Act, aimed at safeguarding individuals’ voice, image, and likeness against exploitation through artificial intelligence (AI). The bill, receiving unanimous bipartisan support in both the Tennessee

OpenAI, the powerhouse behind ChatGPT, unveiled a trove of emails exchanged between its board members and tech magnate Elon Musk, shedding light on discussions regarding a potential shift to a for-profit model. The revelation comes amidst a lawsuit filed by

The Indian government has recently issued an advisory, emphasizing the necessity for tech companies to seek government approval before releasing new artificial intelligence (AI) tools to the public. This directive, unveiled by the Indian IT ministry on March 1, underscores

India embarks on a significant endeavor with the approval of the “IndiaAI Mission,” backed by an initial budget of $1.24 billion. This mission aims to bolster the AI landscape by supporting startups and fostering innovations over the next five years.

Microsoft recently announced the launch of “Copilot for Finance,” a groundbreaking AI service poised to revolutionize financial workflows. This innovative tool, introduced as part of the Microsoft 365 suite, promises to streamline tasks and enhance productivity for finance professionals. With

The Hong Kong government has earmarked $3 billion Hong Kong dollars (equivalent to $383 million USD) for its Cyberport business park, unveiling a three-year artificial intelligence (AI) subsidy scheme. The announcement came as part of the 2024 budget address delivered

In a continuation of an unsettling trend, the tech industry is facing yet another wave of job cuts, further exacerbating the repercussions of widespread layoffs from the previous year. The year 2024 has already witnessed over 32,000 tech professionals losing