The global supply of NVIDIA’s consumer and gaming GPUs is facing a significant reduction, raising concerns about potential shortages in the market. Industry sources reveal that the supply decline is expected to continue in the first quarter of 2024, affecting gamers worldwide.… Read the rest
Legal Battles Over Copyrighted Material Heat Up for OpenAI
OpenAI finds itself at the center of multiple legal battles surrounding the use of copyrighted material. The New York Times filed a lawsuit against OpenAI and Microsoft, the latter being a major investor in OpenAI. The suit alleges that both companies utilized millions of New York Times articles to train their chatbots, ChatGPT and Copilot, respectively.… Read the rest
The Evolution of Artificial Intelligence: Protecting Consumers and Promoting Fair Competition
The Federal Trade Commission (FTC) has announced its plans to host a virtual summit dedicated to addressing the growing concerns surrounding the use of artificial intelligence (AI). The summit, scheduled for January 25th, aims to bring together representatives from academia, industry, civil society organizations, and government to explore the current state of AI and its impact on society.… Read the rest
Predictive and Generative AI Systems Face Significant Security Risks, Warns New Research
New research in the field of artificial intelligence (AI) warns that predictive and generative AI systems are vulnerable to a range of attacks, contradicting claims that these technologies are secure. Apostol Vassilev, a computer scientist with the US National Institute of Standards and Technology (NIST), emphasizes that despite progress in AI and machine learning, significant security challenges remain.… Read the rest
IBM Jumps into the AI Game with Strategic Consulting Arm
Jefferies analysts have recently evaluated IBM’s position in the market and initiated shares at Hold with a $180 per share price target. Despite being encouraged by IBM’s software momentum, the analysts do not see a breakout play on the horizon. However, they highlight IBM’s strategic moves to reposition itself as a software-led story, including the acquisition of Red Hat, the spinoff of Kyndryl, and investments in AI and its software go-to-market strategy.… Read the rest
AI Tools: Revolutionizing Business Processes
Artificial intelligence (AI) has become an integral part of modern business operations, with nearly 90% of enterprises utilizing AI in some capacity. While there are various types of AI applications being employed, generative AI is receiving significant attention for its ability to drive real value.… Read the rest
Animoca Brands: Pioneering the Future of Digital Ownership
Animoca Brands, a trailblazer in the realm of digital ownership, is commemorating a decade of groundbreaking innovation and boundary-pushing with its flagship project, “Mocaverse”. Over the past 10 years, Animoca Brands has not only advocated for true digital ownership from the very beginning but also demonstrated its expertise through strategic partnerships and excellent insights.… Read the rest
Baidu and Alibaba Exit Quantum Computing Field, Shifting Focus to AI R&D
Summary: Baidu, a leading Chinese e-commerce and services provider, has announced its exit from the quantum computing development arena. The company plans to donate its quantum computing laboratory and equipment to the government-backed Beijing Academy of Quantum Information Sciences (BAQIS). This move follows a similar decision by Alibaba in November.… Read the rest
Artificial Intelligence: The Potential for Phonics Superpower in Screen-Based Devices
Artificial intelligence (AI) has long been touted as a potential solution for improving literacy rates among children. However, recent experiments with AI in the field of reading instruction have revealed significant limitations. AI may not yet be the answer to assisting early readers, but are we fully utilizing the digital tools available to us?… Read the rest
Canada’s Financial Regulator Calls for Input on AI and Quantum Computing Adoption
Canada’s financial services supervisory regulator, the Office of the Superintendent of Financial Institutions (OSFI), is actively seeking input from federally regulated financial institutions (FRFIs) on their adoption of artificial intelligence (AI) and machine learning (ML) technologies. Additionally, OSFI is inquiring about the level of preparedness of these institutions for the emergence of quantum computing.… Read the rest