UK invests $273 million in AI Supercomputer to Compete with US and China

The United Kingdom’s government announced that it will invest £225 million, or $273 million, in artificial intelligence supercomputer. This move underscores the nation’s goal of becoming the technological leader as it tries to catch up to China and the United States. The supercomputer, named Isambard-AI after the British engineer of the 19th century, Isambard Brunel,…

Read More

Tencent Unveils AI Model for Businesses as Competition Peaks in China

Chinese tech giant Tencent will launch its “Hunyuan” artificial intelligence model for enterprises at its annual summit on Thursday, said Dowson Tong, chief executive of Tencent’s cloud and intelligence industry group. The news comes a few days after Baidu unveiled a slew of AI-powered apps on Tuesday because of more supportive regulation. Tencent said it…

Read More

Alibaba is launching an Artificial Intelligence model that can understand images and hold more complex conversations

Alibaba launched a new artificial intelligence model that the company says can understand images and hold more complex conversations than the company’s previous products, as the global race for technology leadership heats. The Chinese tech giant said its two new models, Qwen-VL and Qwen-VL-Chat, are open source, meaning researchers, researchers and companies around the world…

Read More

LinkedIn’s Report Says, Singapore workers are the fastest adopters of AI in the world

According to LinkedIn’s latest Future of Work report, Singaporean workers are the fastest adopters of AI skills in the world. The report, which collected data from 25 countries, found that Singapore has the highest “spread”, with a 20-fold increase in the proportion of members adding AI skills to their profiles since January 2016. According to…

Read More

The battle between generative AI companies and hackers begins

When executives from tech giants Amazon, Google, Meta, and Microsoft met with President Joe Biden last month, they pledged to comply with artificial intelligence security measures before releasing their AI tools to the public. Their efforts include exhaustive testing of AI systems to protect against cybersecurity, one of the most important risk areas. The role…

Read More

Apple’s Stock Popped briefly on a report that it is developing its own equivalent of ChatGPT

Apple stock popped for a short time after Bloomberg News reported that the firm is internally developing its own artificial intelligence large language model. The move signifies Apple is taking advanced steps in AI technology and is thinking of integrating AI into its future products. Apple rarely uses the ‘artificial intelligence’ term and mostly prefers using the academic…

Read More

Microsoft’s Stock Hit Record after Analysts Predict $10 Billion in Yearly AI Revenue

Microsoft shares reached a record recently after analysts at JPMorgan Chase predicted the growth prospects of the Company in artificial intelligence. The stock increased 3.2% to close at $348.10, breaking its earlier all-time high record in November 2021. AI has been a buzzword all year, since OpenAI in November 2022 released the ChatGPT chatbot, which went viral quickly….

Read More

Stability AI CEO Says, AI is a Great Investment Opportunity, but it will be the biggest bubble of all time

The CEO of open-source AI Company, Stability AI, is of the opinion that artificial intelligence will be the biggest bubble of all time. Stability AI CEO Emad Mostaque expressed, “I think this will be the biggest bubble of all time. AI is still in the very early stages and not ready for mass-scale adoption in industries…

Read More