AINewsWire Archives - Page 17 of 29

WednesdayAug 28, 2024 10:00 am

Spotify, Meta CEOs Criticize Europe’s AI Regulations

Daniel Ek, CEO of Spotify, and Mark Zuckerberg, CEO of Meta, have criticized the regulations imposed on artificial intelligence (AI) in Europe. They claim that these complex regulations may risk the continent’s progress in this space. In a joint statement issued last week, the CEOs stated that Europe was well placed to capitalize on the open-source artificial intelligence wave given that it had more open-source developers than the United States. Despite this, the statement continued, Europe’s regulatory structure was holding back developers and hindering innovation. The executives explained that the continent’s tech industry was dealing with overlapping rules and conflicting…

TuesdayAug 27, 2024 10:00 am

Trump Posts AI Deepfakes Suggesting He Has Taylor Swift’s Endorsement

Donald Trump, the GOP presidential nominee, recently posted fake images which suggest that Taylor Swift and her fans are supporting him in the upcoming election. The images posted by the former president seem like deepfakes generated by artificial intelligence and have been shared by right-wing accounts on social media accounts that have a history of spreading misinformation. These images are accompanied by a message from Trump, who posted, “I accept!” on X. In one of the pictures, the pop star’s fans, popularly known as Swifties, can be seen smiling and wearing T-shirts written “Swifties for Trump.” Another image had a…

MondayAug 26, 2024 12:45 pm

AI Innovations at Blockchain Futurist Conference: Experts Discuss the Future of Artificial Intelligence

The Blockchain Futurist Conference, held August 13-14 in Toronto, is Canada’s largest crypto, Web3 and blockchain conference. This year’s highlights included: 10,000+ attendees 250+ speakers 300+ sponsors and partners 130+ press and media 78 events for CanadaCryptoWeek 2 hackathons Key to the event are panel discussions, which spotlight areas of interest and allow attendees to hear and meet with topic experts. These moderated discussions offer ideas and answers from business and technology leaders who are directly involved in rapidly developing subjects of vital interest. In particular, this year’s conference offered interested attendees a special panel discussion centering around one of…

FridayAug 23, 2024 10:00 am

Struggling AI Industry Looks to Nvidia’s Earnings for a Lift

The artificial intelligence (AI) industry has been seeing share prices dip these last couple of weeks, with major players such as Microsoft, Amazon and Google recording decreases of 7%, 8% and 14% in their share prices, respectively. This comes after these companies, as well as Meta, revealed that they plan to continue investing in their artificial intelligence infrastructure. Even with these lows, however, Nvidia Corp. (NASDAQ: NVDA) seems to be doing well, although it hasn’t yet announced its latest earnings. Revenue hasn’t been an issue for the chip company, but if it doesn’t meet expectations on Wall Street, the AI…

WednesdayAug 21, 2024 10:00 am

Google Announces First AI-Backed Android Update

Last week, Google revealed that it would be integrating new artificial intelligence (AI) features into its new Android devices. This decision to integrate its Gemini artificial-intelligence assistant to its devices demonstrates how the multinational corporation is focused on offering its AI solution to consumers before Apple consumers receive AI features. At the moment, Google, whose parent company is Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG), doesn’t generate a significant amount of revenue from its hardware business. However, its newest Android features could assist in the generation of new revenue through its AI subscription program. In a blog post, Android Ecosystem President…

WednesdayAug 21, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Strong Q2 2024 Results

The company reported a 28% increase in revenue, a 6% rise in bookings, a 97% improvement in GAAP gross profit and a 444% increase in cash, for the second quarter of 2024, on a year over year basis D-Wave's CEO, Dr. Alan Baratz, summarized the company's ongoing strategic direction and provided an expansive list of achievements Highlights mentioned include a quantum AI product development roadmap extending D-Wave’s Leap(TM) quantum cloud service, an expanded partnership with Zapata AI, new customer hybrid quantum applications, and more D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first…

MondayAug 19, 2024 1:30 pm

Tokyo Turns to AI to Enable Rapid Response to Disasters

Earlier this week, the metropolitan government in Tokyo rolled out an artificial intelligence (AI) system that uses cameras to detect building collapses and fires. The government’s aim is to enhance disaster response during earthquakes in real-time. This recent development comes just a week after the country’s weather agency warned of a heightened risk of a megaquake along the Nankai Trough, a 700-kilometer-long subduction zone. Serious earthquakes have been recorded every one to two centuries along this trough that runs between southwestern and central Japan, with the last occurring quakes taking place in 1944 and 1946. Both earthquakes measured 8.1 in…

FridayAug 16, 2024 10:00 am

AI to Transform 92% of IT Jobs, Report Says

New research has determined that artificial intelligence (AI) will transform the labor market, particularly for professionals in tech. For their research, the investigators assessed the impact of artificial intelligence on 47 roles in the tech space across the following job groups: cybersecurity, business and management, design and user experience, testing and quality assurance, software development, infrastructure and operations, and data science. From the report, it is expected that 92% of jobs in IT will see a moderate or high transformation because of advancements in artificial intelligence. The study posits that the biggest change will be seen in entry-level and mid-level…

FridayAug 16, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Expands Product Roadmap to Bring Power of Quantum to Artificial Intelligence & Machine Learning

Expanded product roadmap to enhance D-Wave’s Leap(TM) quantum cloud service and bring new Quantum AI solutions to market Initiative targets three key development areas: quantum distributions for generative AI, Restricted Boltzmann Machine (“RBM”) architectures, and GPU integration CEO Dr. Alan Baratz emphasizes the potential of annealing quantum computing to transform AI/ML by offering more efficient model training, reduced energy consumption, and faster time-to-solution D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has announced a significant expansion of its Leap quantum cloud service, targeting advancements in artificial intelligence…

WednesdayAug 14, 2024 10:00 am

New Method Could Rein in Overconfident AI Models That Are Giving Wrong Answers

Large language models are used for different tasks, including pinpointing financial fraud and translating articles. Despite their many capabilities, they may, at times, generate inaccurate results. In addition to this, models are sometimes underconfident about correct answers or overconfident even when their responses are wrong. This makes it hard for a user to know when to trust the answers generated by a model. Normally, a model that’s well calibrated shouldn’t be very confident about an incorrect response, and vice versa. To ensure a machine-learning model’s confidence level matches its accuracy, researchers often calibrate it. However, since large language models can…

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