AI Startup Hugging Face Raises $235 Million
The Hugging Face startup, which operates in the area of artificial intelligence, announced that it managed to raise investment funds for $235 million following the results of the Series D funding round.
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UAE Partners With Mastercard to Accelerate AI Adoption
Mastercard has established a global centre for advanced AI and cyber technology in Dubai, UAE to realize the aspirations outlined in the UAE Strategy for Artificial Intelligence 2031.
Meta Launches AI Coding Tool for Business and Personal Use
The new tool is a fine-tuned version of LLama2 trained specifically to generate and discuss computer code. Code Llama could be particularly useful for small fintechs traditionally underserved by big-tech AI providers
Twilio Launches AI Tools
Twilio, a software company, presented new artificial intelligence tools for its customer interaction platform.
NVIDIA CEO Dispels Concerns About Deficit of Chips in AI Boom
NVIDIA Chief Executive Officer Jensen Huang said that investors’ concerns about a possible shortage of chips due to exceeding by the level of demand for these products the pace of production are not justified, and noted that there is no reason for any anxiety about this.
NVIDIA and VMware to Accelerate Generative AI Adoption
VMware and NVIDIA announced the expansion of the scope of strategic cooperation in order to provide businesses with assistance in implementing generative artificial intelligence in the process of their activities.
Tech Giant Meta Launches AI Model for Speech and Text Translations
Meta has developed a new model of artificial intelligence, with which users will be able to translate speech and text materials into almost 100 languages.
Meta Reportedly to Launch Web Version of Threads
The media reports that Meta is currently working on creating a web version of Threads, a virtual platform competing with Twitter.
UK Promotes Cyber Skills With Free School Training
UK government encourages schools to take advantage of free resources to help secondary school children boost cyber skills and pursue careers in the field later in life
Net Zero Challenge Launches in Vietnam
Touchstone Partners and Temasek Foundation have launched a climate technology innovations competition for startups in Vietnam
Scientist Aim to Verify ID With Walking Pattern
The new gait-based biometric security ID technology takes into account various factors of one’s walking pattern, including the length of your stride, how heavy you are, how you move, and how you roll over your feet as you walk
Company Applied Materials Publishes Positive Forecast for Future
Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.
New York City Bans TikTok on Government Devices
New York last Wednesday, August 16, decided to ban the use of the TikTok app on government devices.
Microsoft CEO Says About AI Significant Influence
Microsoft CEO Satya Nadella compared artificial intelligence to a tidal wave in terms of influencing the processes taking place in the plane of human life.
IBM Develops Prototype Brain-Like Chip
The technology giant IBM is currently developing a prototype of a chip similar to a human brain and states that within the framework of this project, the issue of improving the energy efficiency of artificial intelligence is being solved.
Travel Company TUI Tests ChatGPT
Travel giant TUI AG announced the implementation of a pilot project in which generative artificial intelligence was integrated into the company’s mobile application in order to test the potential of advanced technology as part of the process of interacting with customers in the UK.
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