Enterprise Cloud Infrastructure Spending Surges to $84B
In Q3 2024, global enterprise spending on cloud infrastructure services was $84 billion, up 23% from the same period in 2023, with generative AI driving the market acceleration.
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Visa Reportedly Uses More Than 500 Gen AI Apps
The media published information according to which the payment industry giant Visa currently uses more than 500 apps based on generative artificial intelligence.
Amazon Introduces New Virtual Holiday Shop
Holiday shopping has just become easier and more fun with a new virtual holiday shop by Amazon.
OpenAI Launches ChatGPT Search
OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.
Mastercard Launches AI-Powered Digital Assistant Tool
Mastercard’s new in-house AI capabilities include a chat-based assistant, source management, and learning improvements with human feedback.
Which Is Better: Amazon Q or Microsoft Copilot? Comparing Game-Changing AI Assistants
In the rapidly advancing realm of artificial intelligence, two groundbreaking AI companions have emerged as game-changers in the tech industry: Microsoft’s Copilot and Amazon’s Q. These cutting-edge AI-powered systems represent the pinnacle of innovation, each designed to revolutionize the way we interact with technology and streamline our daily tasks. While both aim to enhance productivity […]
AI Share in U.S. VC Funding Surges
AI funding surges in 2024, as U.S. investors are seeking opportunities to invest in this rapidly growing but still emerging technology.
Hong Kong Unveils Rules for Responsible AI Use
The Hong Kong government has unveiled its first guidelines on the practice of responsible use of artificial intelligence and embraced blockchain, as local regulators seek to stay ahead of the pace of the technological revolution, which is likely to disrupt financial services.
Perplexity AI Says Its Search Engine Serves 100 Million Queries Per Week
Perplexity AI chief executive officer Aravind Srinivas on Friday, October 25, said that this artificial intelligence search company serves more than 100 million queries weekly.
Nvidia Expands Its Activity in India
Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.
Startup Hugging Face Seeks to Cut AI Costs
The Hugging Face startup on Wednesday, October 23, announced that it is releasing a new open-source software offering with Amazon.com, Alphabet’s Google, and others.
Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division
Morgan Stanley is expanding the practice of using artificial intelligence tools powered by OpenAI technology in its investment banking and trading unit.
Perplexity AI Reportedly Aims to Raise $500 Million
Media reports that artificial intelligence search company Perplexity AI plans to raise investment funds for about $500 million as part of a new round of financing.
IBM Releases New AI Models for Businesses
IBM on Monday, October 21, presented the latest version of its artificial intelligence models aimed at businesses.
Microsoft to Launch New Autonomous AI Agents
Microsoft will next month provide businesses with the opportunity to make their own autonomous artificial intelligence agents.
Visa and Analytic Partners Join Efforts to Transform Commercial Analytics
Visa and Analytic Partners, a global analytics solution provider, entered a multi-year strategic partnership to address commercial challenges merchants and brands face with AI-driven data analytics.
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