Search results for "ai technology"

The Battle for Control: Governments and the Decentralization of Blockchain

Blockchain is the ultimate disruptive technology, capable of decentralizing power and creating a more transparent and equitable society.” These words by Don Tapscott, an influential author and blockchain expert, capture the essence of how blockchain technology can transform industries and the world as we know it. At the heart of blockchain lies decentralization, which enables […]

Airbus Criticizes US Inflation Reduction Act for Challenging European Aerospace Firms

The head of European planemaker Airbus criticized the U.S. Inflation Reduction Act on Tuesday, saying the law could make it more difficult for the European Union to accelerate its own decarbonization efforts. Airbus Chief Executive Guillaume Faury said the law, which boosts U.S. investment in renewable energy products, “is destabilizing the level playing field” between […]

Meta Builds A-Team Focused On AI Products

Meta Platforms Inc is creating a new top-level product group focused on generative artificial intelligence (AI), Chief Executive Mark Zuckerberg said on Monday, as the AI race among Big Tech firms heats up. AI has emerged as a bright spot for investments in the tech industry, which has been struggling with slowing growth, and has […]

Nvidia Results Show Its Growing Lead in AI Chip Race

As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest – though not the only – winner in the AI chip race among chipmakers after years of focusing on the technology has made it a go-to supplier for tech firms. AI has emerged as a bright spot for investments […]

China Says It Sees the Potential of ChatGPT-Like Technology

China’s Ministry of Science and Technology said on Friday said it saw the potential of ChatGPT-like tech and would be pushing for the integration of artificial intelligence into Chinese society and the economy. “(This technology) has the potential to be applied in many industries and fields,” Chen Jiachang, who heads the ministry’s high-tech department, told […]

White House Eyes Dynan, Eberly for Fed Vice Chair Post, WSJ Says

The White House is considering two economists who held senior Treasury Department posts in the Obama administration for the No. 2 job at the Federal Reserve, the Wall Street Journal reported on Wednesday. Both Janice Eberly and Karen Dynan served as the chief economist at Treasury during Barack Obama’s presidency and are well regarded by […]

Trade Group Argues U.S. SEC Case Unfairly Labels Crypto as Securities

Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees accused of insider trading, arguing that the case unfairly labeled several crypto assets as securities. The group said in an amicus brief filed Wednesday in a district court in Washington […]

For Tech Giants, AI Like Bing and Bard Poses Billion-Dollar Search Problem

As Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high […]

Factbox - Chinese Firms Working on Chatgpt-Style Technology

The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google,Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for years. […]

Amazon Web Services Pairs with Hugging Face to Target AI Developers

Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to carry out artificial intelligence work (AI) in Amazon’s cloud. While new generative AI services like chat-based search engines from Microsoft Corp and Alphabet Inc’s Google […]