NewsRoom Articles - Page 24 of 48

ThursdayFeb 06, 2025 10:00 am

Chinese AI Firms That Could Equal DeepSeek’s Impact

The unveiling of DeepSeek’s AI model, which rivals OpenAI’s o1 while being significantly more cost-effective, has sent shockwaves through the tech and investment communities. Nvidia, a leader in AI and microchip technology, experienced a record-breaking single-day loss on Wall Street, shedding over $500 billion in market cap. The market reacted strongly as investors feared that DeepSeek’s breakthrough could disrupt the dominance of US-based AI companies. Liang Wenfeng, the company’s founder, has been celebrated as a national figure in China, even earning an invitation to a symposium led by Premier Li Qiang. China’s rapid progress in AI, narrowing the gap with…

TuesdayFeb 04, 2025 10:00 am

Alibaba Unveils AI Model It Claims Outperforms DeepSeek

Chinese tech giant Alibaba recently introduced an updated version of its AI model, Qwen 2.5, claiming it has outperformed the widely recognized DeepSeek-V3. The timing of the Qwen 2.5-Max launch, coinciding with the Lunar New Year’s first day, when the majority of Chinese people are not working, highlights the competitive pressure mounting in the AI sector. The rapid rise of DeepSeek, a Chinese AI platform, over the past few weeks has not only unsettled global competitors but also stirred up fierce rivalry among domestic firms. The launch of DeepSeek’s AI assist on January 10, powered by its V3 model, followed…

MondayFeb 03, 2025 11:45 am

AI Alliance in Europe Announces LLM to Rival DeepSeek and Silicon Valley

As the AI dominance of Silicon Valley comes under attack from upstarts like DeepSeek, an alliance in Europe is planning to up the ante with its ambition to come up with European-grown alternatives that are as good as or even better than the existing artificial intelligence options. The project, dubbed OpenEuroLLM, aims to develop next-gen open source Large Language Models to enable the continent to have leaders in the digital age and to make public services across the continent have access to cutting-edge tools that are homegrown. The alliance will create foundation models which support the languages on the continent and will be accessed…

FridayJan 31, 2025 10:00 am

Adageis Leveraging Data-Driven Solutions to Advance Value-Based Care and Drive Financial Performance

Adageis, with its AI-centric software ProActive Care Platform, supports healthcare providers in making the important shift toward effective value-based care models. Significantly, the company’s advanced patient healthcare data solutions are designed for seamless implementation across ACOs, CINs, and IPAs, integrating with existing electronic health records (“EHRs”) to identify high-risk patients and care gaps. The company helps providers navigate the financial incentives tied to value-based care by tracking performance metrics, as its Patented Risk Engine (“PRE”) enables proactive interventions, reducing costs and improving patient outcomes. Healthcare providers are under increasing pressure to transition from fee-for-service models to value-based care, where reimbursement…

FridayJan 31, 2025 10:00 am

New Document from the Vatican Discusses Risks, Benefits of AI

The Vatican has released a new document titled “The Note (Antiqua et Nova),” which explores the relationship between human intellect and artificial intelligence (AI). It discusses both the benefits and challenges AI presents in various fields, including the economy, education, labor, healthcare, human relationships, international affairs, and warfare. The document is primarily directed at individuals responsible for imparting faith but is also relevant to those who believe that technological and scientific advancements should serve humanity and promote the common good. Several sections of “Antiqua et Nova” differentiate AI from human intellect. Citing Pope Francis, the Note states that calling AI…

ThursdayJan 30, 2025 10:00 am

Adageis is at the Forefront of AI Implementation in Healthcare as Industry Shifts from General Intelligence to Targeted Impact, Tools Driving Higher Reimbursements

Healthcare is transitioning attention from general AI to targeted applications like patient risk assessment and workflow optimization to drive higher reimbursements. Adageis’s ProActive Care Platform addresses critical targeted areas like tracking revenue and performance from providing high-quality care. AI tools like Adageis’ patented Risk Engine enable proactive interventions, reducing costs and improving patient outcomes while increasing overall revenue. The company’s platform integrates seamlessly with major electronic health records (“EHR”) systems, in an easy-to-use app for providers. Artificial intelligence is reshaping healthcare, moving from ambitious goals of Artificial General Intelligence (“AGI”) to more targeted, high-impact applications. This transition aligns with the practical demands…

ThursdayJan 30, 2025 10:00 am

Why China’s DeekSeek is Making the Tech Industry Jittery

DeepSeek, a relatively new Chinese AI startup, has quickly gained attention and sparked both amazement and concern in Silicon Valley. Despite being a little over a year old, the company has unveiled AI models that rival the performance of the world’s top chatbots, all while reportedly spending far less on development. The rise of DeepSeek challenges the widespread assumption that AI will always require large computing energy and power amounts. Global tech stocks saw a sharp decline on January 27 as excitement over DeepSeek’s innovations grew, raising concerns for U.S.-based competitors and hardware providers like Nvidia. DeepSeek focuses on open-source…

TuesdayJan 28, 2025 10:00 am

Trump’s Executive Order on AI Development Emphasizes “No Ideological Bias”

President Donald Trump recently issued an executive order focused on AI, revoking several previous government policies that his administration claims have hindered innovation in the sector. While the order calls for a thorough examination of all current rules, guidelines, and initiatives by Joe Biden’s 2023 AI executive order, it does not specifically state which policies are being revoked. In 2024, Biden’s administration introduced measures requiring federal agencies to prove that the AI tools they were using were not causing harm to the public or stop their use entirely. Trump’s latest directive now mandates the White House to update and reissue…

TuesdayJan 28, 2025 10:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Increase in Fiscal Year 2024 Bookings and First-Ever Customer Purchase of an Advantage(TM) Quantum Computer

D-Wave bookings for fiscal year 2024 will exceed $23 million, marking at least a 120% increase compared to fiscal year 2023, an increase driven in part by first-ever customer purchase of a D-Wave(TM) Advantage annealing quantum computing system. The company also announced the successful completion of a $150 million “at-the-market” (“ATM”) equity offering, contributing to a current cash balance of approximately $320 million. The Advantage quantum computer purchase represents an expansion of the company’s revenue model as a result of broadening its go-to-market offering to include on-premises system sales. CEO Dr. Alan Baratz emphasized that the company believes the world…

FridayJan 24, 2025 10:00 am

UK Supercomputer to Help Develop Vaccines

A groundbreaking £225 million ($276.7 million) supercomputer is harnessing artificial intelligence (AI) to advance the development of new vaccines and drugs. Scheduled to become fully functional by summertime, the Bristol-based Isambard-AI system will soon be recognized as the UK’s most potent supercomputer. Sir Keir Starmer, the UK’s prime minister, announced last week that the nation would be integrating AI technology into a number of areas to boost economic growth. High-performance computing expert Simon McIntosh-Smith of Bristol University noted that the Isambard-AI system puts the UK in a position to compete internationally in technological developments. Professor McIntosh-Smith said in an interview…

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