Apple Inc. Explores Entry into Personal Robotics Market
Apple Inc. is exploring entry into the personal robotics market, with plans for mobile robots and advanced tabletop devices, aiming to diversify revenue streams and maintain its innovative edge. The move reflects Apple’s strategic focus on emerging markets and technological advancements in artificial intelligence and machine learning. 4 April 2024 – Apple Inc., renowned for its technological innovations, is venturing into...
SECTA5 Unveils Cartographer: AI-Powered Platform Revolutionizing Cybersecurity Threat Analysis and Response
SECTA5, a Singapore-based deep tech start-up, launches Cartographer, an AI-powered platform revolutionizing cybersecurity threat analysis and response. Cartographer enables companies to accelerate cyber risk triage, prioritize cybersecurity efforts, and mitigate threats effectively, ultimately strengthening cybersecurity defenses and optimizing resource allocation. 3 April 2024 – Singapore-based deep tech start-up SECTA5 has...
Amazon’s AWS Expands Free Credits Program to Cover AI Model Usage for Startups, Boosting Bedrock’s Market Share
AWS expands its free credits program for startups to cover AI model usage, aiming to bolster Bedrock’s market share. The initiative, which includes partnerships with various providers, reflects Amazon’s ongoing efforts to support startups while attracting regulatory scrutiny. 2 April 2024 – Amazon Web Service (AWS) has announced an expansion of its free credits program for startups, now encompassing the costs...
OpenAI Announces Unrestricted Access to ChatGPT Without Sign-Up Requirement
OpenAI announces unrestricted access to ChatGPT, its generative AI chatbot, eliminating the sign-up requirement to democratize AI accessibility. Despite its growth slowdown, ChatGPT remains popular for its human-like conversation abilities and diverse tasks. 2 April 2024 – OpenAI, backed by Microsoft, has revealed plans to offer unrestricted access to its ChatGPT generative AI chatbot starting next Monday, removing the necessity...
Visa Bolsters Global Security Measures with AI-Powered Fraud Prevention Solutions
Visa strengthens global security measures with AI-driven fraud prevention solutions, targeting various transaction types including immediate account-to-account and card-not-present payments. 28 March 2024 – In an effort to fortify its position as a leader in digital payments security, Visa (NYSE:V) has announced the expansion of its suite of value-added services with the introduction of three new AI-driven risk and fraud...
ASUS Unveils Cutting-Edge GPU Server Solutions at NVIDIA GTC Conference, Empowering AI Supercomputing
ASUS showcases its latest GPU server innovations at the NVIDIA GTC conference, including the ESC NM1-E1 and ESC NM2-E1 servers powered by NVIDIA’s MGX modular reference architecture, aiming to advance AI supercomputing capabilities. Leveraging state-of-the-art NVIDIA technologies and expertise in MLPerf, ASUS offers optimized server solutions tailored to diverse workloads, emphasizing performance, efficiency, and scalability. 21...
Apple Eyes Integration of Google’s Gemini AI Engine into iPhones, Signals Advancement in AI Technology
Reports suggest Apple is in discussions to integrate Google’s Gemini AI engine into iPhones, potentially enhancing user experience with advanced AI features. While negotiations are ongoing, both companies have remained tight-lipped, but investor interest is evident, reflecting the potential impact of such collaboration on AI services and market dynamics. 18 March 2024 – According to Bloomberg News, Apple (AAPL.O) is...
Nvidia Unveils Next-Gen AI Chips and Software Innovations at GTC 2024 Amidst Intensifying Competition
Nvidia’s annual developer conference, GTC 2024, sees the unveiling of next-generation AI chips and software enhancements, reinforcing the company’s position in the competitive semiconductor market amidst anticipation for Chief Executive Jensen Huang’s keynote address. Despite facing challenges from rivals like Intel and AMD, Nvidia aims to maintain its leadership in AI innovation with advanced chip technologies and...
European Talent War Intensifies as AI Startups Vie for Dominance
A surge in AI startups in Europe intensifies competition for technical talent, prompting established players like Google DeepMind to reassess recruitment strategies. The success of OpenAI’s ChatGPT spurs investor interest, with new entrants like Cohere and Anthropic vying for dominance in the European market. 11 March 2024 – A surge in artificial intelligence (AI) startups in Europe is fueling intense competition for...
IBM Collaborates with Adobe to Enhance Marketing Productivity Through AI Tools
IBM partners with Adobe to implement AI tools, resulting in significant productivity improvements for marketing campaigns. The integration enables rapid idea generation and variant creation, leading to faster turnaround times and increased focus on creative tasks for designers. 6 March 2024 – International Business Machines Corporation (IBM) has revealed the successful integration of Adobe’s generative artificial...
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...
