AINewsWire Archives - Page 57 of 69

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…

TuesdayAug 13, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Sees Double Digit Growth in 1H 2024 Training Enrollments with Workforce Development Initiative

The “Quantum Programming Core” course experienced a 53% rise in enrollments, while total enrollments, including both the “Core” and “Foundations for Quantum Programming” courses, increased by 85% D-Wave provides access to its Leap(TM) quantum cloud service in 42 countries, allowing learners to utilize D-Wave software and tools including the Ocean(TM) SDK Nearly 90% of learners that have completed a D-Wave training course recommend it D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, recently announced a significant increase in enrollment for its quantum training courses. In the first half of 2024, the enrollment numbers…

MondayAug 12, 2024 10:00 am

Chuck Schumer Looks to Pass Bills Against AI Deepfakes as Polls Approach

This past year, Senate Majority Leader Chuck Schumer has emphasized the need for legislators to regulate artificial intelligence (AI). Schumer and others fear that without guardrails for using AI to portray political candidates, deepfakes of candidates such as Trump and Harris would fill the media landscape and ultimately weaken the trust and faith voters have in elections, their candidates and democracy. This comes after Elon Musk shared a deepfake video of Vice President Kamala Harris saying things she’d never said on his X platform. Schumer explained that deepfakes were a huge threat to democracy and national security, revealing that there…

FridayAug 09, 2024 10:00 am

‘Revolutionary’ AI Uncovers Hidden Risks of Heart Attacks

Data from the British Heart Foundation estimates that roughly 7.6 million individuals in the United Kingdom are living with heart disease. Now scientists have designed an artificial intelligence model that can spot inflammation in the heart, making it easier to identify those at risk of a cardiac arrest. The focus on inflammation is based on research which has determined that increased inflammation is associated with a heightened risk of fatal heart attacks and cardiovascular disease. The model was developed by Caristo Diagnostics, a startup company under Oxford University. Scientists are conducting a pilot study at five hospital trusts in Leicester,…

AINewsWire provides insights in the emerging sector of Artificial Intelligence.

Contact us: (512) 354-7000

Category: AINewsWire