Microsoft Reportedly Readies New AI Model
The media reports that Microsoft is currently developing a new model of artificial intelligence.
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Citi’s Chief Digital Officer Says About Significance of Mobile and Virtual Platforms
Michael Naggar, Citi’s director of digital technologies in the area of personal banking services in the United States, during a conversation with media representatives, shared his opinion on what it means to implement the digitalization process in the banking sector.
Warren Buffett Warns of AI Use by Scammers
Warren Buffett, CEO of the Berkshire Hathaway holding company, compared the process of developing artificial intelligence to designing an atomic bomb.
GenAI Is Strategic Priority for 66% of Asset Managers
Boston Consulting Group’s report shows that 72% of asset managers consider GenAI to have a significant or transformative impact on the industry, but only 16% have fully defined an implementation strategy.
Microsoft Bans Police Departments From Using AI Service for Facial Recognition
Microsoft has banned police departments from using its Azure OpenAI service for facial recognition.
AI and the Future of Day Trading
The world of day trading has always been an exciting and high-stakes game. Traders analyze market trends, study charts, and make split-second decisions that can make or break their profits.
Microsoft to Invest $2.2B in AI and Cloud Infrastructure in Malaysia
Microsoft has pledged a single largest investment of $2.2 billion into Malaysia’s digital transformation, to support the country’s cloud and artificial intelligence (AI) infrastructure development.
Anthropic Expands Enterprise Offering
The company Anthropic, which operates in the artificial intelligence industry, announced the launch of its first smartphone app and a new enterprise subscription plan.
Financial Longevity: Risks and Opportunities for Fintech
Is there anything better than to live long and prosper? If the first component of this equation is getting easier lately, having enough money to cover your retirement years is a great challenge nowadays. The studies of financial longevity reveal both risks and opportunities that financial institutions face as the worldwide average lifespan is continuously […]
AWS Launches New GenAI-Powered Assistants
Amazon Web Services (AWS) on Tuesday, April 30, announced the universal availability of its virtual assistants based on generative artificial intelligence, which are designed to solve business-related tasks and software development.
CEOs of OpenAI, Google and Microsoft to Join Federal AI Safety Panel
The United States government has asked companies operating in the artificial intelligence industry for advice on how to use advanced technology to protect utilities, airlines, and other critical infrastructure from hacker attacks applying AI.
Elon Musk’s xAI Reportedly Close to Raising $6 Billion
The media reports that Elon Musk’s startup xAI, which operates in the sphere of artificial intelligence, is close to raising funds for $6 billion from investors.
Intel Shares Fall Due to Weak PC Chip Demand
Intel’s share price on Friday, April 26, at the premarket showed a significant decline of more than 7% after the company’s pessimistic sales forecast for the second quarter of 2024 testified that the so-called artificial intelligence boom reduces consumer spending on microcircuit for traditional data centers and computer chips.
Nvidia to Acquire Israeli Startup Run:ai
AI workload management and orchestration software provider Run:ai has fruitfully collaborated with Nvidia since 2020.
Meta’s Stock Declines on AI Spending Plans
On Thursday, April 25, at the premarket, the price of Meta shares showed a drop in the dynamic amid news about the intention of this technology giant to switch to a strategy of so-called aggressive investment in the artificial intelligence industry, which investors treat with extreme caution and significant concerns.
PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.
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