AINewsWire Archives - Page 29 of 46

TuesdayNov 12, 2024 10:00 am

Research Finds AI is More Trusted for Medical Advice Compared to Doctors

New research from the University of Kansas Life Span Institute has determined that parents who sought medical advice on their child’s health were turning to artificial intelligence more than doctors. For the study, the researchers asked 116 parents aged between 18-65 to rate texts generated by either ChatGPT or an actual doctor, under an expert’s supervision. The researchers found that parents rated texts generated by artificial intelligence as more trustworthy, moral, and credible. They also observed little differences between the experts and the AI chatbot on benchmarks of perceived reliance, accuracy, expertise, trustworthiness, and morality. They found that the responses…

TuesdayNov 12, 2024 8:00 am

AI Solutions Startup Secures $15m in Fundraising Round

Cogna, an artificial intelligence software firm, just brought in $15 million in new backing. The company has the largest gas distribution network in Britain among its clients. This latest funding includes investment from key venture capital firms Chalfen Ventures and Notion Capital. Cogna intends to use the funding to boost productivity and resolve inefficiencies within the operations of their target clientele. According to the company, they intend to use “precision solutions” in the diagnosis and fixing of those challenges faced by their customers. Their clients are currently within the manufacturing, utilities and energy sectors. With this new funding, Cogna plans to…

MondayNov 11, 2024 7:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Deemed ‘Awardable’ Vendor on US Department of Defense’s Tradewinds Solutions Marketplace

The U.S. Department of Defense’s Chief Digital and Artificial Intelligence Office’s (“CDAO”) Tradewinds Solutions Marketplace is a comprehensive suite of tools and services for accelerating the procurement of emerging technologies by the Department of Defense (“DoD”). D-Wave’s presence on the marketplace will enable DoD customers to more easily adopt the company’s annealing quantum computing technologies and solutions. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has been deemed “Awardable” through the Department of Defense (“DoD”) Chief Digital and Artificial Intelligence Office’s (“CDAO”) Tradewinds Solutions Marketplace, a premier…

FridayNov 08, 2024 10:00 am

Meta Advocates for Open Source AI to Give the US Dominance in the Industry

Open source large language models developed by Meta dubbed Llama are increasingly being used by developers, entrepreneurs, and researchers. Meta recently announced that it would be making Llama available to American government agencies, including national security and defense agencies as well as private sector partners that support their work. The ability of large language models to come up with usable insights, reason, and process significant amounts of data can support various aspects of national security and safety in the United States. Meta will collaborate with various firms, including IBM, Accenture Federal Services, Snowflake, Scale AI, Anduril, Amazon Web Services, Palantir,…

ThursdayNov 07, 2024 10:00 am

How AI Could Transform Software Development

The introduction of artificial intelligence has seen profound changes occur across different sectors, from entertainment and education to healthcare and business. Now many expect this advanced technology to transform how software is developed. Already, code generation tools powered by AI are flooding the space and may potentially make conventional methodologies obsolete. As artificial intelligence learns to write code and create software with minimal investment of resources and time, it is important to explore how this tech could transform software development. So, how will artificial intelligence break the software development life cycle? Development of new teams In the past, software engineers…

ThursdayNov 07, 2024 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Appoints Two Veteran Tech Leaders to its Board of Directors

John DiLullo and Rohit Ghai bring extensive leadership experience to D-Wave’s board to assist the company’s ongoing efforts to accelerate commercial quantum adoption and capitalize on its unique market position. With a track record spanning more than 30 years in technology, including 15 years in cybersecurity and networking, DiLullo has held key executive positions with several leading companies. Ghai brings years of experience working with both startups and large enterprises, with digital transformation expertise and knowledge across software, systems and security. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider…

TuesdayNov 05, 2024 10:00 am

Investors Worry About the Returns on Huge AI Investments by Big Tech

Big tech firms, such as Microsoft, Amazon and Meta are ramping up their expenditure to build artificial intelligence data centers in a bid to address huge demand. However, Wall Street is getting jittery about the impact that such cost outlays are having on the short term gains on the money expended. Meta and Microsoft disclosed on Wednesday that their capex (capital expenditure) was growing because of their investments in AI. Alphabet, the parent company of Google, also admitted a day earlier that their AI expenses will remain elevated. Amazon also revealed that its AI capital outlay would rise as this…

FridayNov 01, 2024 10:00 am

Apple Starts Rolling Out AI Features to Some iPhones

Earlier this week, Apple released its AI tools for some of its iPhones. By updating to the latest version of the firm’s operating system, individuals with eligible devices could access these features. After updating to iOS 18.1, any individual hoping to get the features will have to enter a waitlist to obtain access. According to Apple, users will be able to activate the suite of artificial intelligence tools a few hours after entering the waitlist. The new features include an upgraded interface for Siri, tools to help users compose messages, and notification summaries. Apple Intelligence is also available on iPad…

FridayNov 01, 2024 9:45 am

The US Announces New Strategy to Help It Dominate the AI Race

President Biden has rolled out a new plan aimed at enabling the U.S. to harness AI for national security purposes amid a global race that is seeing different countries scrambling to tap this new technology for their own interests. He outlined his plans in an NSM (National Security Memo) that centered on artificial intelligence, emphasizing that the U.S. government should be at the forefront of AI development in order to ensure that it is secure, safe and trustworthy. He called upon American agencies to strengthen their supply chains of semiconductor chips, integrate considerations of AI into any new technology plans…

ThursdayOct 31, 2024 10:00 am

JPMorgan Data Shows AI is Poised to Dominate US Stocks’ Performance

A new report shows that American companies are dominating the international stock market size-wise. The report was released by JPMorgan Asset Management, with the firm attributing the boom to AI. The firm forecasts that market capitalization shares of American companies, in comparison to total international equity markets, will drop from 64% to 60% by 2037. Monica Issar, the firm’s Global Head of Multi-Asset and Portfolio Solutions, stated that America would continue to lead by market capitalization share as AI benefits expanded beyond major companies that had thus far dominated the market rally. Issar based her forecast on improvement in margins…

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