SoftBank to Invest in AI Startup Perplexity
Vision Fund 2, part of the ownership structure of SoftBank Group Corp., invests in the startup Perplexity, which operates in the artificial intelligence industry.
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Nvidia CEO Says About Rising Competition
Nvidia chief executive officer Jensen Huang last Wednesday, June 26, said that the current significant advantage of this company in the area of chips for artificial intelligence systems was achieved as a result of a bet made more than ten years ago, based on investments in AI worth billions of dollars and a team of […]
OpenAI Reportedly Plans to Block China Access to AI Tools
The media reported that OpenAI is taking additional measures to restrict China’s access to artificial intelligence software.
BIS Says AI Challenges Central Banks
The Bank for International Settlements shared its opinion and vision of how financial institutions, primarily those of these organizations that have the status of state regulators, should respond to the active spread of artificial intelligence and interact with this advanced technology.
ByteDance & Broadcom Work on Advanced AI Chip
TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.
Apple and Meta Reportedly Discuss AI Collaboration
The media reported that Apple held talks with Meta on the issue of cooperation in the area of artificial intelligence.
OpenAI Buys Enterprise Startup
OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.
Apple’s AI Push Faces Challenges in China
Apple’s large-scale artificial intelligence push project is facing serious challenges in China, as the authorities of this Asian country adhere to very strict rules regarding the development and distribution of AI.
SoftBank CEO Predicts AI to Surpass Significantly Human Mind in 10 Years
SoftBank CEO Masayoshi Son on Friday, June 21, during a rare public appearance, said that artificial intelligence, which in terms of cognitive abilities is 10,000 times greater than the capabilities of the human mind, will emerge, in his opinion, in 10 years.
Target to Roll Out AI Chatbots in US Stores This Summer
American retail giant Target aims to facilitate internal operations in nearly 2,000 stores across the United States with a handy AI assistant called “Store Companion”.
AI Video Startup HeyGen Raises $60 Million
HeyGen, a startup operating in the artificial intelligence industry, received investment funds for $60 million following the results of the financing round that values the firm at $500 million.
Anthropic Releases New AI Model
Anthropic, a startup operating in the artificial intelligence industry, has developed a new AI model.
Singapore Ranks №1 Globally in GenAI Work Usage
About 60% of employees in Singapore use generative AI (GenAI) tools at work, the highest usage rate globally, alongside Hong Kong.
Meta Releases New AI Research Models
The new AI models from Meta can generate both text and images and detect AI-generated speech within larger audio snippets.
Ukraine Ranks 2nd Among the Countries With Most AI Startups in Central and Eastern Europe
Ukraine is home to over 240 companies that deal with artificial intelligence (AI), while the number of AI professionals has grown fivefold over the last decade.
Nvidia Surpasses Microsoft as World’s Most Valuable Company
Nvidia, the main beneficiary of the ongoing scaling process of the so-called artificial intelligence boom on Wall Street, has become the most valuable company in the world.
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