AI and BCT

Google paused Gemini AI Image Generator after it produced historical images that were incorrect

Google said on Thursday that it is suspending its Gemini artificial intelligence feature, which generates images because it provides "inaccuracies" in historical images. Social media users have been criticizing the AI tool for producing erroneous depictions of historical figures, such...

For Big Tech, a thirsty generative AI boom presents an increasing challenge.

An often-overlooked but crucially important environmental issue—Big Tech's growing water footprint—is coming under more public scrutiny as a result of a global rush to capitalize on the next wave of generative artificial intelligence. Researchers say the race to profit from...

Analysts for cryptocurrency claim that the Bull Run is underway and that Bitcoin might reach $100,000 in 2024.

Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for Bitcoin above $100,000 in 2024. This year, Bitcoin has increased in value by over 120%, and many people are...

CEO of Coinbase claims the cryptocurrency market can move on after the historic Binance settlement

After Binance was hit with a historic settlement by the U.S. Department of Justice, the crypto industry can finally close the chapter on a long list of scandals and issues, according to Coinbase CEO Brian Armstrong on Monday. Armstrong stated,...

Alibaba is launching an Artificial Intelligence model that can understand images and hold more complex conversations

Alibaba launched a new artificial intelligence model that the company says can understand images and hold more complex conversations than the company's previous products, as the global race for technology leadership heats. The Chinese tech giant said its two new...

LinkedIn’s Report Says, Singapore workers are the fastest adopters of AI in the world

According to LinkedIn’s latest Future of Work report, Singaporean workers are the fastest adopters of AI skills in the world. The report, which collected data from 25 countries, found that Singapore has the highest “spread”, with a 20-fold increase in...

Strategist Says, Investors are overconfident about the impact of AI

Mike Coop, chief investment officer at Morningstar Investment Management, says market participants are "overconfident" in their ability to predict the long-term impact of AI. Despite the setback so far this month, optimism about AI's potential to boost future profits has...

The battle between generative AI companies and hackers begins

When executives from tech giants Amazon, Google, Meta, and Microsoft met with President Joe Biden last month, they pledged to comply with artificial intelligence security measures before releasing their AI tools to the public. Their efforts include exhaustive testing of...

Apple’s Stock Popped briefly on a report that it is developing its own equivalent of ChatGPT

Apple stock popped for a short time after Bloomberg News reported that the firm is internally developing its own artificial intelligence large language model. The move signifies Apple is taking advanced steps in AI technology and is thinking of integrating AI into its...

AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space...
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Key Fed inflation increased by 0.4% in January, up 2.8% from a year ago

Inflation increased in January as expected, according to a key indicator the Federal Reserve uses when deciding whether to...
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