NewsRoom Articles - Page 31 of 37

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…

MondayApr 29, 2024 10:00 am

Meta’s Integration of AI on Its Platforms Confuses, Irritates Users

Like many companies in Silicon Valley, Facebook's parent company Meta has been extremely receptive to artificial intelligence (AI) and was quick to incorporate the technology into its main social media platform, Facebook. However, Meta's attempts to integrate its AI assistant in all its mobile applications have spread confusion and even irritation among many users. The sudden appearance of Meta's AI-powered assistant in its flagship apps may be a significant milestone for the tech giant, but many of its users aren't quite as pleased. With most technology companies jumping onto the artificial intelligence train in recent months, Meta did not waste…

FridayApr 26, 2024 10:00 am

AI-Based Telemedicine Platform Seeks to Improve Heart Patients’ Quality of Care

An artificial intelligence (AI)-powered telemedicine platform launched in Germany is looking to improve the quality of medical care provided to coronary artery disease patients. The condition results in nearly two million heart attacks and 610,000 deaths annually but can be addressed with early treatment coupled with rehabilitation to help patients make positive lifestyle changes. Launched by Dr. Boris Schmitz, a German sports scientist, biologist and PD, the Timely Project looks to create a patient-centered platform that will use AI and e-health to provide early cardiac risk predictions as well as support post-rehabilitation prevention and intervention in coronary artery disease (CAD)…

WednesdayApr 24, 2024 10:00 am

Meta Rolls Out AI Assistant on Social Media Platforms

Last week, Meta Platforms Inc. (NASDAQ: META) announced that it would be launching its AI assistant across its social media platforms, including Facebook, WhatsApp, Messenger and Instagram. The assistant, called Meta AI, is the company’s biggest push into this space so far. It has been designed to generate images, create animations and answer questions, among other features. The assistant can be accessed via the search box of the Messenger, Facebook, Instagram and WhatsApp applications, which makes it easier for users to ask questions that it can answer. For example, the company revealed that users can ask Meta AI to help…

MondayApr 22, 2024 10:00 am

Harvard Hackathon Sparks Healthcare AI, Digital Innovation

More than 500 individuals around the globe spent two days coming up with innovative ideas to address healthcare challenges at a hackathon organized at Harvard T.H. Chan School of Public Health by the Health Systems Innovation Lab. The hackathon, which was held April 5–6, 2024, was focused on promoting an environment that would allow participants to use artificial intelligence and digital health to develop solutions to improve healthcare in the areas of mental health, cancer, cardiovascular illnesses and diabetes. The hackathon drew participants from more than 30 countries to various hubs globally, including Santiago, Chile; Kyiv, Ukraine; Buenos Aires, Argentina;…

MondayApr 22, 2024 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces Dates for Qubits 2024 Quantum Computing Conference in Boston

D-Wave’s Qubits 2024 annual quantum computing conference will take place in Boston, Massachusetts, on June 17 and 18, 2024 The two-day event will explore the transformative potential of D-Wave's quantum technologies as they tackle complex computational challenges across supply chain logistics, manufacturing, government, and the life sciences sectors Participants will learn about D-Wave customers’ powerful quantum-hybrid applications, the company’s latest quantum technology innovations, and updates on the company’s latest groundbreaking scientific research D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, recently announced that its Qubits 2024…

FridayApr 19, 2024 10:00 am

Adobe Mulls Adding Third-Party AI Tools to Video Tools

Earlier this week, Adobe announced that it was considering adding third-party artificial intelligence (AI) tools to its video offerings. The software manufacturer’s Premiere Pro app is commonly used in the film and television industries. Adobe plans to add various artificial intelligence-based features to the Premiere application, including the ability to eliminate distractions from a scene without a video editor needing to do any taxing work or fill in scene parts with objects generated by artificial intelligence. Both features will depend on Firefly, an artificial intelligence model that the software maker has already deployed in its Photoshop offering. Other features on…

WednesdayApr 17, 2024 10:00 am

AI Could Soon Replace Lower-Cadre Employees in Financial Institutions

According to a recent report, financial service companies such as Morgan Stanley and Goldman Sachs have been testing AI tools that could leave some individuals unemployed. Investment companies and banks globally are currently considering the replacement of entry-level positions with AI, with more than one-half of these positions set for scrapping. This may transform how companies hire new employees entirely as well as how they deliver the technology used by their employees. Goldman Sachs estimates that about 300 million workers may be affected by the adoption of artificial intelligence in the workplace. One of the primary reasons why artificial intelligence…

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