AINewsWire Archives - Page 30 of 37

WednesdayMay 15, 2024 12:00 pm

D-Wave Quantum Inc. (NYSE: QBTS) Announces Financial Results for Q1 2024 and Participation in Needham Technology, Media, and Consumer Conference

D-Wave recently released the company’s financial results for its first fiscal quarter ending March 31, 2024, along with updates and recent achievements, including advancing quantum computing technology with the introduction of D-Wave’s fast-anneal feature and yielding of 4800+ qubit processors for its upcoming Advantage2(TM) system Fast-anneal is designed to accelerate quantum computations, minimizing the effects of external disturbances such as thermal fluctuations and noise, which are common barriers in quantum computing environments D-Wave CEO Dr. Alan Baratz is scheduled for a fireside chat on May 16, 2024, during the Needham Technology, Media, and Consumer Conference to discuss these latest advancements,…

WednesdayMay 15, 2024 10:00 am

Scientists Caution About AI’s Capacity for Deception

Scientists say artificial intelligence’s (AI) capacity for deception is growing amid several instances of pretending to be human, bluffing, modifying behavior during tests and double-crossing opponents. As AI becomes increasingly advanced with a greater capacity for mimicking human behavior, the researchers say the technology's capacity for deception has grown equally sophisticated. AI has gotten so advanced that it can now hold passable conversations with people, defeat them at board games such as chess and even decode protein structures. However, scientists warn that artificial intelligence has become just as good at lying over the last couple of years. Analysis by researchers…

MondayMay 13, 2024 10:00 am

Ukraine Announces New AI-Based Spokesperson for the Foreign Ministry

Last week, Ukraine unveiled Victoria Shi, an AI-based spokesperson for the country’s foreign ministry. She will be making official statements for this ministry. The ministry bragged that it was the “first in the world” an AI spokesperson would read human-made statements on behalf of the foreign ministry. In a presentation that was uploaded to social media, the AI spokesperson described herself as a “digital person” named Victoria Shi. She was clad in a dark suit. She moved her head and made hand gestures while speaking during that maiden presentation. The press service of the foreign ministry reiterated that while Shi…

FridayMay 10, 2024 1:30 pm

D-Wave Quantum Inc. (NYSE: QBTS) to Announce Financial Results for First Quarter of Fiscal Year 2024

D-Wave will release its financial results for the first quarter of fiscal year 2024 ending March 31, 2024, on Monday, May 13, 2024, before the market opens D-Wave will host a conference call the same day at 8 a.m. EDT to discuss the financial results The company continues to demonstrate progress with its quantum computing product innovations, including the recent fast-anneal feature D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, recently announced that the company will release its financial results for the first quarter of fiscal year 2024 ending March 31, 2024, on Monday, May…

FridayMay 10, 2024 10:00 am

How Computer Gaming Industry Leverages Artificial Intelligence

Andrew Maximov, a 12-year veteran of the computer gaming industry, still marvels at the loads of money spent to build some of the computer games now available. He reveals that while working for PlayStation, one project he worked on cost the company $220 million to produce. Marketing cost approximately double that sum, and Maximov says such huge budgets aren’t sustainable in the long-term for many companies. However, AI looks set to change this. Maximov owns Promethean AI. The company intends to slash the cost of creating computer games and aims to automate most of the repetitive tasks that have been…

WednesdayMay 08, 2024 10:00 am

Airforce Secretary Makes Historic Flight in AI-Controlled F-16 Fighter Jet

Artificial intelligence is one of the most significant advancements in military aviation since stealth was introduced in the 1990s. The Air Force’s interest and involvement in this field has grown these last few years. While the current tech isn’t fully developed, the Air Force plans to build an artificial intelligence (AI)-enabled fleet of more than 1,000 unmanned warplanes, the first of which shall commence operations in 2028. AI agents are already being trained to fly in war at Edwards Air Force Base, a facility located in the desert. It was here that Chuck Yeager broke the speed of sound. Frank…

MondayMay 06, 2024 10:00 am

CIOs Can Help Secure Employee Buy-In for AI at the Workplace

With a growing number of companies choosing to incorporate artificial intelligence (AI)-powered tools into their operations, chief information officers (CIOs) can help employers train their staff in AI and secure employee buy-in for the new technology. Despite the potential benefits AI may have for corporations and their bottom lines, the disruptive technology isn't always viewed positively by some employees, who may see artificial intelligence as a potential disruptor to their employment. As a result, IT leaders and even HR departments will have to take great pains to sell AI to a workforce that may not be receptive to the ongoing…

FridayMay 03, 2024 10:05 am

OpenAI to Use Content from FT in Future AI Model Training

Artificial intelligence company OpenAI has signed a deal with the Financial Times to license the publication’s content and use it to develop AI models. The licensing deal will also allow generative AI model ChatGPT to answer user prompts with summaries sourced from the Financial Times (FT). Although the San Francisco-based artificial intelligence research and development company did not disclose the financial terms of its agreement with FT, it has signed similar deals with other media houses, including Prisa Media in Spain, Le Monde in France and global media publisher Axel Springer. The licensing deal with the Financial Times represents the…

ThursdayMay 02, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces Fast-Anneal Feature Availability in Leap(TM) Quantum Cloud Service

Fast anneal is expected to impact various quantum computing applications, from advanced scientific research in quantum simulation to AI and solving real-world problems across wide spectrum of industries It expands upon D-Wave’s groundbreaking optimization achievements, utilizing the comprehensive coherent annealing quantum computing provided by D-Wave’s Advantage(TM) systems and the cutting-edge Advantage2(TM) prototype The introduction of the fast-anneal feature is poised to attract both commercial and academic researchers aiming to develop top-tier applications, broaden benchmarking investigations, and correlate heightened coherence with enhanced performance D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world’s first commercial…

WednesdayMay 01, 2024 10:00 am

AI Investments Help Microsoft Revenues Exceed Quarterly Expectations

Microsoft is currently the biggest public company worldwide, with a stock market value of approximately $3 trillion. Its latest financial results show that profits greatly surpassed quarterly expectations. During the first three months of this year, Microsoft’s total revenue reached $61.6 billion, which represents a 17% increase. This exceeds the expectations of analysts on Wall Street, who projected revenue growing to $60.8 billion. The company’s earnings per share also hit $2.94, a 20% increase. This is slightly higher than the $2.83 figure projected by analysts. As of last week, shares in the group had also risen 4%. Over the last…

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