Science & Technology - page 101

AI Firm Cohere Raises $270 Million
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AI Firm Cohere Raises $270 Million

The startup Cohere, which is engaged in developments in the field of artificial intelligence, has raised investment funds in the amount of $270 million from venture capital and strategic investors, including Oracle Corp. and Nvidia Corp.

EU Approves €8 Billion State Subsidies for Chip Research
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EU Approves €8 Billion State Subsidies for Chip Research

In the European Union, it was decided to provide state subsidies in the amount of $8 billion to support research projects in the field of semiconductors.

Intuit Introduces LLMs for Fintech
News

Intuit Introduces LLMs for Fintech

The new operating system for generative artificial intelligence will feature AI large language models (LLMs) trained on Intuit’s financial data

WhatsApp Launches Channels Feature for Broadcast Messages
News

WhatsApp Launches Channels Feature for Broadcast Messages

Meta announced the introduction of a broadcast-based messaging feature in WhatsApp, which is called Channels.

Dutch Watchdog Wants to Know How ChatGPT Handles Personal Data
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Dutch Watchdog Wants to Know How ChatGPT Handles Personal Data

The Dutch privacy regulator has sent a letter to the creators of ChatGPT OpenAI, which contains a request to clarify the algorithm for processing confidential user information.

Lucinity Incorporates Generative AI Into Financial Crime Compliance Tool
News

Lucinity Incorporates Generative AI Into Financial Crime Compliance Tool

Lucinity has launched a generative AI-powered tool for financial crime compliance teams

Apple Uses Innovative Iris Biometrics for New VR Headset, Acquires AR Startup Mira
News

Apple Uses Innovative Iris Biometrics for New VR Headset, Acquires AR Startup Mira

Apple aims to expand a range of virtual reality products, such as its new Vision Pro VR headset that supports Optic ID, with the acquisition of AR startup Mira, which provides hands-free, smartphone-powered headsets purpose-built for industrial applications

OpenAI Launches Cybersecurity Grant Program
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OpenAI Launches Cybersecurity Grant Program

The goal of the new OpenAI program is to facilitate the development of AI-powered cybersecurity capabilities for defenders through grants and other support

Total Funding Into Environment Tech Falls 5% in 2022, Keeps Declining
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Total Funding Into Environment Tech Falls 5% in 2022, Keeps Declining

Having recorded its highest-ever funding of $31.6 billion in 2021, the environment tech sector saw investments fall by 5% year-on-year to $29.9 billion in 2022

Open AI Receives Warning From Japanese Privacy Watchdog
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Open AI Receives Warning From Japanese Privacy Watchdog

The Japanese privacy protection service on Friday, June 2, announced that it had sent a warning to the OpenAI startup, which received investments from Microsoft and developed a popular chatbot based on artificial intelligence ChatGPT, about the inadmissibility of using the practice of collecting personal information without obtaining prior permission to perform these actions from […]

Goldman Analysts Say AI Stock Winners Outperform in Credit Too
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Goldman Analysts Say AI Stock Winners Outperform in Credit Too

Strategists at Goldman Sachs Group said that companies that specialize in the development and extension of technologies based on artificial intelligence, in terms of the value of shares and the dynamics of their growth, outperformed competitors working in the field of lending, although in this case there is no catastrophic gap between the indicators of […]

Experts Say ChatGPT to Fuel $1.3 Trillion AI Market by 2032
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Experts Say ChatGPT to Fuel $1.3 Trillion AI Market by 2032

The release of generative artificial intelligence systems that are focused on solving problems, and satisfying various groups of consumer needs, for example, ChatGPT from OpenAI and Bard from Google will ensure a high level of development of the generative AI market over the next decade and will bring its financial volume to $1.3 trillion by […]

Kasisto Introduces Banking-Specific LLM KAI-GPT
News

Kasisto Introduces Banking-Specific LLM KAI-GPT

The KAI-GPT large language model (LLM) is designed to address the banking industry’s unique needs for accuracy, transparency, trustworthiness and customization

Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
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Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups

Baidu Inc. has created something like a fund to finance Chinese startups that specialize in research in the field of generative artificial intelligence.

Chipotle Founder Reportedly Creates Robotic Restaurant
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Chipotle Founder Reportedly Creates Robotic Restaurant

While many restaurants are implementing automation systems and revising the approach to understanding the acceptable number of staff without compromising the level of product quality and customer service, Chipotle founder and former CEO Steve Ells, according to media reports, decided to maximize aspirations in the process of robotization of catering establishments.

SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan
News

SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan

Nvidia and SoftBank are collaborating on a pioneering platform for generative AI and 5G/6G applications which SoftBank plans to roll out across new, advanced AI data centres across Japan

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