In a significant development within the artificial intelligence industry, tech giant Microsoft has announced a substantial investment of $1.5 billion in the UAE-based AI company G42. This move by Microsoft aligns with their expansion strategy into emerging technology sectors and diversifies their portfolio in the AI arena.… Read the rest
New AI-Focused ETFs Enter the Global Market
The finance world has recently witnessed a trendsetting moment as Mirae Asset Global Investments launched the ‘TIGER Global On-Device AI ETF’ – the first of its kind that specializes in on-device AI companies. This innovative type of AI operates directly on devices without the need for an internet connection.… Read the rest
The Human Touch: AI’s Quest for Quality Data
Artificial Intelligence (AI) companies are proactively engaging with humans to improve their language models, as revealed by The New York Times. These entities are in a hunt for quality data, and some have opted to employ gig workers who contribute well-crafted textual materials for the development of AI.… Read the rest
Fueling the Future of Agriculture with AI: Algeria’s Innovation in Farming Technology
The head of a premier educational institution in Algeria revealed that an innovative artificial intelligence (AI) and high-performance computing system is currently under development, and it will extend its influence into the agricultural sector. He emphasized that the integration of AI into farming is closely tied to the availability of data, with specialists working collaboratively, promising fruitful outcomes.… Read the rest
Emerging AI Trends Enhance Public Transportation Experience
The integration of artificial intelligence (AI) in public transportation is transforming the sector, offering more efficient and user-friendly experiences for commuters. The XVIII National Asstra Conference, which recently took place in Rome, served as a platform to discuss the evolution of public transportation companies and the emergence of new professional roles driven by AI.… Read the rest
Redefining Homework: The Rise of AI Assistance in Students’ Studies
In the digital age where artificial intelligence is becoming increasingly intertwined with daily life, it’s no surprise that educational practices are evolving as well. AI chatbots like ChatGPT have made notable strides into the realm of educational assistance, highlighting a shift in the way student approach their assignments.… Read the rest
Baidu’s Conversational AI ‘Ernie Bot’ Surpasses 200 Million Users
In the rapidly evolving tech world of China, Baidu’s artificial intelligence chatbot, Ernie Bot, has reached a new milestone by securing over 200 million users. This was announced during a tech conference in Shenzhen where Robin Li, Baidu’s CEO, conveyed the chatbot’s substantial user base – doubling its count since last December.… Read the rest
Microsoft Announces a Major $1.5 Billion Investment in AI Firm G42
In a bold move to expand its global influence in the artificial intelligence (AI) domain, Microsoft has declared its intention to infuse a massive $1.5 billion investment into G42, an AI company with its roots in the United Arab Emirates. This strategic financial boost is seen as a direct path for Microsoft to extend sophisticated AI and digital solutions into the burgeoning markets of Central Asia and Africa.… Read the rest
New Intel Chips for AI Poised to Enter Chinese Market with Modified Specs
Intel is preparing to introduce two modified artificial intelligence chips, the HL-328 and HL-388, designed specifically for the Chinese market in response to tightened U.S. export controls. The launches, slated for June and September, respectively, were disclosed in a recent white paper by the tech company on April 12.… Read the rest
Norwegian Government To Boost AI and Digital Tech Research With 1 Billion NOK Investment
In an ambitious push to accelerate innovation, the Norwegian Government is significantly ramping up its investment in artificial intelligence (AI) and digital technologies. Over the next five years, an infusion of at least one billion Norwegian kroner is expected to elevate the nation’s research capabilities in these critical areas.… Read the rest