SBI announced on Monday that it plans to increase the use of business analytics and AI/ML in its decision-making and operations through the deployment of NextGen Data Warehouse and Data Lake, as well as exploring new partnerships with fintechs and NBFCs for co-lending. The country’s largest bank, in its annual report posted on stock exchanges …
Social media giant Meta Platforms has entered the generative AI product race, announcing that it will start testing AI-powered ad tools that can create image backgrounds and variations of written text. A “testing playground” called the AI Sandbox will be made available to a select group of advertisers, but Meta hasn’t specified how many advertisers …
Alphabet’s Google has unveiled new artificial intelligence (AI) technology for its search engine, following in the footsteps of Bing’s recent relaunch. Called the Search Generative Experience, the AI refreshes listings with the ability to create responses to open-ended questions. Sundar Pichai, Alphabet CEO said the goal is for all core products, including Gmail and Google Photos, to …
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. The tech giant did not immediately respond to a Reuters request for comment. “Last year, we made a significant investment in compensation driven by …
New research suggest it’s a flaw in the detection method that’s making emergent AI abilities appear getty On May 10th at the Stanford Data Science 2023 Conference, computer science researcher Rylan Schaeffer will present a paper published on the preprint server arXiv.org that challenges claims of emergent abilities in AI large language models (LLMs). Emergent …
According to US-Brazilian researcher Ben Goertzel, AI could potentially take over 80% of human jobs in the near future, but he believes this is ultimately a good thing. Goertzel is a mathematician, cognitive scientist, and creator of robots, as well as the founder and CEO of research group SingularityNET, which aims to develop Artificial General …
Chinese police have arrested a man who allegedly utilized artificial intelligence (AI) technology to generate fake news of a train accident and shared it on multiple online accounts through ChatGPT. This is reportedly the first arrest in China for ChatGPT misuse. Police detained the suspect, surnamed Hong, for producing false and misleading information using AI …