Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe

Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe

Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta AI. The Financial Times (FT) reported Friday (June 14) that the European Commision (EC) will bring charges against Apple after determining that the company is not complying with a requirement that it …

Read more

SingularityNET joins Polkadot Parachain, OriginTrail, to push the Internet of Knowledge for decentralized AI

SingularityNET joins Polkadot Parachain, OriginTrail, to push the Internet of Knowledge for decentralized AI

SingularityNET (AGIX), a decentralized artificial intelligence (AI) network, has announced a strategic partnership with Trace Labs, as per the latest info shared with Finbold on June 6.. The partnership leverages SingularityNET’s expertise in Artificial General Intelligence (AGI) research and Trace Labs’ experience in commercializing Web3 and AI solutions.  The collaboration aims to enhance the Internet …

Read more

Opinion | Hong Kong has a chance to shape AI based on its own values

Opinion | Hong Kong has a chance to shape AI based on its own values

Like any tool, AI is not neutral – it reflects its creators’ agendas and biases. Our collective goal should be to apply innovation towards major social priorities, not just solely for private motives driven by profit. Hong Kong must brace itself, as the approaching AI shift could unsettle swathes of roles spanning retail, construction and …

Read more

The Promise and Potential of AI in Life Sciences | Opinion

The Promise and Potential of AI in Life Sciences | Opinion

California is a national leader in innovation. This position is no more apparent than in the life sciences, where the state plays an outsized role driving research and development (R&D) that contributes billions to California’s economy and transforms patients’ lives. With the integration of emerging technologies like artificial intelligence (AI), California has an exciting opportunity …

Read more

ChatGPT Back Up After ‘Major Outage’ at AI Platform

ChatGPT Back Up After ‘Major Outage’ at AI Platform

OpenAI had restored its ChatGPT Wednesday (June 5) following a “major” outage the prior day. As Tom’s Guide noted in a report Wednesday, while ChatGPT will sometimes have minor outages when generating text or images, this was the first significant outage for the artificial intelligence (AI) company’s flagship product in some time. “We experienced a major outage impacting …

Read more

Microsoft and Hitachi Form Multibillion-Dollar AI Agreement

Microsoft and Hitachi Form Multibillion-Dollar AI Agreement

Microsoft has announced a multi-billion-dollar AI-focused partnership with Japan’s Hitachi. The collaboration is designed to use generative artificial intelligence (AI) to fuel the growth of Hitachi’s business software and services business Lumada, particularly in “social infrastructure” areas like energy and mobility, per a Monday (June 3) news release. “We are entering a new era of AI …

Read more