China Prioritizing Emerging Technologies and Tech Self-Sufficiency
China is prioritizing the development of emerging industries like quantum computing and bolstering technology self-sufficiency, as outlined in a recent government report. Efforts also include strengthening capabilities in artificial intelligence and big data, reflecting a broader strategy to reduce reliance on foreign suppliers and enhance national security. 5 March 2024 – In a recent government work report, China announced its...
Google CEO Sundar Pichai Addresses Biased Responses in Gemini AI Tool
Google’s CEO Sundar Pichai acknowledges biases in Gemini AI tool, vows comprehensive fixes and relaunch. 29 February 2024 – Google’s CEO Sundar Pichai recently addressed employees regarding the company’s efforts to rectify biases detected in its Gemini AI tool, acknowledging certain text and image responses as “biased” and “unacceptable.” The decision follows Google’s temporary...
X0PA AI Expands Global Footprint with New Centre of Excellence in Singapore
X0PA AI launches a state-of-the-art centre of excellence in Singapore, aiming to drive AI innovation and collaboration on a global scale. Leveraging strategic partnerships and a commitment to ethical AI practices, the initiative reinforces X0PA AI’s position as a leader in the field of talent acquisition solutions. 24 February 2024 – X0PA AI, a renowned provider of artificial intelligence solutions for talent acquisition,...
Google Enhances Advertising Product with Integration of Gemini AI Models, Pioneering Advanced Customer Experience
Google integrates Gemini AI models into its advertising product, enhancing capabilities for advertisers to generate longer headlines and create images featuring people, while emphasizing safety measures to prevent misuse of generative AI technology. This move reflects Google’s commitment to advancing customer experience and maintaining integrity in digital advertising. 23 February 2024 – Google, a subsidiary of Alphabet...
Empowering Innovation: Google Unveils Gemma, Open AI Models for Developer Creativity
Google introduces Gemma, its latest open AI models, aiming to spur developer innovation while retaining control over usage terms. Optimized for Google Cloud and supported by Nvidia, Gemma offers developers opportunities for AI-driven innovation across platforms. 21 February 2024 – In a bid to foster innovation among developers, Google has introduced its latest line of artificial intelligence (AI) models, named Gemma, following a...
Google Introduces Gemini AI Chatbot and Subscription Service to Rival Microsoft
Google launches Gemini AI chatbot and subscription service to challenge Microsoft’s dominance in the AI market, offering advanced features and integration with cloud services. 8 February 2024 – Google unveiled its rebranded chatbot, now named Gemini, powered by new artificial intelligence technology, and introduced a subscription plan to compete with Microsoft (MSFT.O) in the AI market. Priced at $19.99 per month, U.S....
Meta Implements Image Detection and Labeling System for AI-Generated Content
Meta Platforms unveils plans to detect and label AI-generated images across its services, led by Nick Clegg, aiming to enhance transparency and combat synthetic content spread. 7 February 2024 – Meta Platforms has announced plans to detect and label images created by other companies’ artificial intelligence services, a move aimed at enhancing transparency regarding digital creations on its platforms. The company, led by...
Over a Third of Businesses Embrace Artificial Intelligence, AWS Report Finds
More than a third of European businesses embraced artificial intelligence in 2023, with generative AI leading the surge, according to an AWS-commissioned report. This notable adoption signifies progress towards the Digital Decade goals, as outlined by the European Commission in 2021, with 38% of companies actively experimenting with AI and a positive economic impact estimated at an additional 600 billion euros. 1 February 2024 –...
Amadeus Expands Technological Horizon with €320 Million Acquisition of Vision-Box for Face-Recognition Expertise
Amadeus, the Spanish travel booking group, is set to acquire Vision-Box, a Portugal-based face-recognition technology company, for €320 million ($346.7 million). Vision-Box specializes in providing face-recognition solutions for airports, airlines, and border control services. The acquisition, subject to regulatory approval, is expected to conclude in the first half of the year, marking a strategic move by Amadeus to enhance its...
Alibaba Cloud Introduces Serverless AI Platform and Advances Vector Engine Technology for Enhanced Model Deployment and Inference
Alibaba Cloud unveils a serverless version of its PAI-Elastic Algorithm Service (EAS) for cost-efficient model deployment and inference. The platform integrates vector engine technology into products like Hologres and Elasticsearch, enabling easier access to large language models. The CTO emphasizes Alibaba Cloud’s commitment to AI innovation, announcing upgrades to MaxCompute MaxFrame and introducing PAI-Artlab for model...
Peugeot to Integrate ChatGPT for Enhanced Voice Assistance, Unveils Eight-Year Warranty for e-3008 Electric Model
Peugeot, under Stellantis, announces the integration of ChatGPT into its vehicles’ voice assistant system, aiming to enhance user interactions and provide more natural responses to queries. Following the footsteps of Mercedes-Benz and Volkswagen, Peugeot plans to launch a pilot version of the ChatGPT service in several European countries before making it standard equipment across all models. Additionally, Peugeot introduces an...
HID and Olea Kiosks Collaborate to Revolutionize Access Control with Advanced Facial Recognition Technology
HID, a global leader in identity solutions, collaborates with Olea Kiosks® to integrate advanced facial recognition technology into versatile self-service kiosks. The partnership aims to enhance access control and user authentication experiences across industries, offering unmatched security and convenience. 29 January 2024 – In a strategic partnership aimed at transforming access control and user authentication experiences,...
Equinix and Nvidia Unveil Partnership Empowering Corporates with Direct Access to Advanced AI Computing Systems
Equinix and Nvidia have joined forces to provide corporate clients direct access to Nvidia’s supercomputing systems, enabling companies to own and control their artificial intelligence computing infrastructure. The collaboration addresses growing privacy concerns by allowing businesses to purchase Nvidia systems and delegate the operational responsibilities to Equinix while retaining ownership, offering an alternative to renting...
AI Startup ElevenLabs Achieves Unicorn Status with $80 Million Series B Funding
ElevenLabs, the AI startup based in London, has achieved unicorn status with a $1.1 billion valuation following an $80 million Series B funding round led by Andreessen Horowitz. The two-year-old company specializes in AI-generated voices and plans to expand its workforce from 40 to 100 employees by the end of the year. With a growing customer base, including partnerships with Storytel and The Washington Post, ElevenLabs aims to...
User Enrollment Surges as Interest in Generative AI Takes Center Stage
Coursera, a prominent U.S. edutech platform, reports a surge in user enrollment for AI courses in 2023, particularly in generative AI. CEO Jeff Maggioncalda highlights the platform’s commitment to collaborating with industry leaders and providing personalized education through AI assistants. The success contradicts initial concerns, showcasing a growing interest in upskilling within the evolving landscape of artificial...
OpenAI Launches ‘Collective Alignment’ Team to Democratize Governance of AI and Address Bias Concerns
OpenAI addresses governance and bias concerns in AI by establishing the “Collective Alignment” team, dedicated to creating democratic processes for governing its AI models. The team aims to involve individuals directly in shaping the governance of AI, ensuring inclusivity and diverse perspectives as AI technologies become increasingly integrated into society. 17 January 2024 – Artificial intelligence laboratory...
Mastercard Unveils Small Business AI: Pioneering Global Mentorship for Entrepreneurs
Mastercard introduces Small Business AI, an innovative tool designed to offer personalized guidance and mentorship for small business owners globally, addressing their unique challenges. Partnering with Create Labs and a global media coalition, the tool emphasizes inclusivity and is set to pilot in the U.S. with plans for international expansion. 11 January 2024 – In a strategic move to bolster small businesses worldwide,...
NCS and Microsoft Unveil Pioneering Collaboration for Accelerated AI and Cloud Solutions in Asia Pacific
NCS and Microsoft deepen their collaboration in the Asia Pacific, creating a dedicated growth engine to accelerate the delivery of AI and Cloud solutions. The partnership includes substantial investments in IP creation, Go-to-Market strategies, and the development of capabilities, positioning NCS as a key player in driving innovation and positive impact in the region. 10 January 2024 – Singapore-based NCS has announced an...
Nvidia’s H20 AI Chip to Enter Mass Production in Q2 2024 for Compliance with U.S. Export Rules
Nvidia plans to commence mass production of its H20 artificial intelligence (AI) chip in Q2 2024, tailored for China to comply with U.S. export rules. The H20, part of three chips developed by Nvidia for this purpose, faces initial reluctance from Chinese companies, who are exploring domestic alternatives amid concerns of potential tightening of U.S. restrictions. 8 January 2024 – U.S. semiconductor giant Nvidia (NVDA.O) is set...
Intel Forges Ahead in AI Innovation with Launch of Articul8, Backed by DigitalBridge and Diverse Investor Group
Intel has unveiled the creation of Articul8 AI, an independent company focused on artificial intelligence (AI) software, with support from investors including DigitalBridge Group. The move reflects Intel’s commitment to advancing AI technology, addressing concerns around data privacy, and providing scalable and cost-effective generative AI solutions for businesses seeking production-level integration. 3 January 2024 –...
