#AI

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...

Intel stock declines by 6% as it updates chip manufacturing plans

Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the...

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...

Microsoft’s Stock Hit Record after Analysts Predict $10 Billion in Yearly AI Revenue

Microsoft shares reached a record recently after analysts at JPMorgan Chase predicted the growth prospects of the Company in artificial intelligence. The stock increased 3.2% to close at $348.10, breaking its earlier all-time high record in November 2021. AI has been a buzzword all...

Stability AI CEO Says, AI is a Great Investment Opportunity, but it will be the biggest bubble of all time

The CEO of open-source AI Company, Stability AI, is of the opinion that artificial intelligence will be the biggest bubble of all time. Stability AI CEO Emad Mostaque expressed, “I think this will be the biggest bubble of all time....

Tech Analysts Say, Chinese Chip Makers can build their own Advanced Chips

Industry analysts are optimistic that Chinese chip makers will develop their own advanced semiconductors despite Washington’s attempts to cut the country off from accessing or manufacturing the technology. Daniel Newman, CEO and principal analyst at research firm Futurum Group said, “I...
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