Meta Releases Self-Taught Evaluator
Meta on Friday, October 18, announced that it has released a batch of new artificial intelligence models from its research unit.
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TSMC Reports Q3 Earnings
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chip maker, has bet on maintaining its steady growth against the background of the results of operations for the third quarter of the current year, which testified that this firm is one of the beneficiaries of the so-called artificial intelligence boom.
Mistral AI Releases New Products
The French startup Mistral AI presented its first models of generative artificial intelligence designed to function on such devices as laptops and smartphones.
Mastercard Expands Tech Hub Ecosystem With New Campus in India
Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.
Swift Introduces AI Fraud Detection for Cross-Border Payments
SWIFT network is to launch an AI-powered solution to bolster fraud detection in cross-border payments, analyze vast amounts of real-time payment data, and mitigate risks.
Adobe Rolls Out New AI Model to Generate Video
Adobe has presented an artificial intelligence model that can use text prompts to generate videos.
AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
Google to Leverage Nuclear Power for AI Development
Global tech leader Google partnered with US-based nuclear energy company Kairos Power to purchase atomic energy from its multiple small modular reactors (SMR) and support the development of AI technologies.
How Cross-Border Payment Inefficiencies Hinder Business Growth
Companies that export goods and services across borders are statistically outperforming companies that limit their business operations to domestic territories. However, cross-border payments are still not handled in the most effective way. Therefore, businesses dealing with international trade often suffer from payment inefficiencies. To what extent are they able to hinder business growth?
Nvidia’s Market Cap Tops $3.4 Trillion
On Monday, October 14, Nvidia shares closed at a record high as Wall Street is currently preparing for earnings season.
OpenAI’s Nonprofit Structure Demonstrates Probability of Transformation
OpenAI, one of the main players in the global artificial intelligence industry and the developer of the world’s most popular chatbot called ChatGPT, is likely to face costly and inconvenient reckoning due to its nonprofit origin, even though the startup’s valuation has reached the $157 billion mark.
AMD Launches New AI Chip
AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.
CoreWeave Gets $650 Million Credit Line
CoreWeave, an artificial intelligence startup that rents out chips to other companies, on Friday, October 11, announced that it has a new credit line for $650 million.
Smartsheet and AWS to Help Companies Access Their Work Management Data
Amazon Web Services (AWS) and Smartsheet, as part of a partnership, will join forces to help companies access their work management data through a digital assistant based on generative artificial intelligence.
Startup Writer Launches New AI Model
The startup Writer, which is based in San Francisco, last Wednesday, October 9, debuted a large model of artificial intelligence.
Amazon to Deploy AI-Powered Technology to Help Drivers Find Packages
Amazon is currently preparing to roll out technology that uses artificial intelligence and lighting to help delivery drivers find the packages they need in trucks at a particular moment.
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