SEC Chair Says About Developing Rules for AI Use
The U.S. Securities and Exchange Commission (SEC) plans to use its current powers to carry out activities to regulate the use of artificial intelligence-based tools.
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Venture Capital Firms Reportedly Slash Funds
The media reports that currently, companies with venture capital are reducing the volume of their mega funds after many years of accumulation and formation of the base of the financial asset.
Startup Character.AI Plans New Funding Round
The media, citing their sources, report that the startup Character.AI, which carries out activities in the area of artificial intelligence, which its name partially hints at, plans to hold a new round of raising investment funds.
Indian Tech Giant Wipro to Invest $1 Billion in AI
Wipro, one of the leading software providers in India, intends to train all its employees to use artificial intelligence.
Top China Mutual Fund Bets on AI Stocks for Recovery
China’s most highly performing mutual fund, Soochow Mobile, is currently preparing for the recovery of onshore shares.
Bank of America Uses AI to Train New Hires
Bank of America uses artificial intelligence, Metaverse, and virtual reality to train 2,000 of its new employees as part of an immersive program.
Stability AI Co-Founder Says About Forcing Sale of Stake in Company
The co-founder of Stability AI sued this company, stating that manipulation was used against him, containing deception at its core, because of which he was forced to sell his stake in the company for $100.
Modern Science In Healthcare – Faster Recovery And Well-Being
Diagnostics and illness management in healthcare have been substantially changed by technology. Inefficiencies are reduced through electronic recordkeeping, and quicker detection is made possible by cutting-edge diagnostic technologies.
Meta Reportedly to Launch Commercial Version of Its AI Tool
The media reported that Meta is currently working on creating a commercial version of its artificial intelligence tool.
Elon Musk Launches AI Company
Elon Musk announced the creation of the company xAI, which will carry out activities in the area of artificial intelligence.
Google Launches AI Chatbot in Europe
Google announced the launch of Bard, an artificial intelligence-based chatbot, in Europe and Brazil.
China Publishes Final Version of Rules for Use of Generative AI
The Chinese authorities have published a list of operating principles for generative artificial intelligence services.
eBay Acquires AI-Powered Product Authentication Company Certilogo
eBay on Tuesday, July 11, announced the completion of the acquisition of the company Certifogo, which provides digital identifiers and authentication of clothing and fashion products based on artificial intelligence.
Prolific Raises $32 Million to Train and Stress-Test AI Models
The London-based startup Prolific, which operates in the field of artificial intelligence, announced the raising of investment funds in the amount of $32 million following the results of the financing round.
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor
Semiconductors used in the field of artificial intelligence have long-term prospects for a high level of demand, which caused a change in the direction of an optimistic assessment of the attitude of Morgan Stanley specialists to the future application of chip stocks in Greater China, South Korea, and Japan.
OpenAI Makes GPT-4 Generally Available
Last Thursday, July 6, OpenAI announced the universal availability of GPT-4, its latest model of generative artificial intelligence, through its API.
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