Seven months after launching an artificial intelligence (AI)-focused restructuring program, SAP said Monday (July 22) that it has raised its 2025 operating profit ambition to reflect the efficiency gains it expects to see from that program. “We continued to execute on our transformation program with great discipline with rehiring only for the skill sets we …
4 Jobs Where AI Proficiency Can Be Your Competitive Edge getty If you haven’t hopped on the generative AI train and played around with some of the most popular tools like ChatGPT, DALL-E, or Descript, then now is a good time to try your hand at these tools and see where they can help you …
Officials at Qubit Pharmaceuticals report that the company has drastically reduced the number of qubits needed to compute the properties of small molecules with its Hyperion-1 emulator, a device that uses a classical computer and software to execute a quantum algorithm designed for a quantum computer, developed in partnership with Sorbonne University. This achievement and …
The International Telecommunication Union, an agency under the United Nations, says 6G could promote the growth of a range of advances, allowing communication to be immersive and connectivity universal. But with existing communication technology reaching its theoretical bandwidth limit, there are a series of big problems that have to be overcome. These include the difficulty …
In order to write, lead advertising campaigns, and power side hustles AI needs training material. ChatGPT needed about 300 billion words to get off the ground and continues to train itself based on how users interact with it. However, human beings aren’t being credited or compensated for creating the content that AI is eating up. …
Dragos Condrea | Istock | Getty Images Much of the concern about artificial intelligence displacing jobs has so far come from people who are at the junior end of the workforce. Some of this stems from the belief that AI benefits workers with greater task-based responsibilities versus the broader job responsibilities of higher-level workers (with …
Banks today are caught between an ongoing digital shift and a challenging macro environment. With the release of Wells Fargo’s second quarter 2024 earnings on Friday (July 12), deftly navigating the two, as well as staying on top of compliance and risk management, was revealed to be top of mind for financial institutions and their …
Before co-founding biotech startup Inceptive, Jakob Uszkoreit had an idea that would eventually make generative artificial intelligence possible. As a researcher at Google in 2017, Uszkoreit was trying to speed up the training of neural networks. He suggested using a new way to interpret data called self-attention. That idea gave way to the transformer, the …
FA senior executive at Chinese technology giant Huawei on Thursday dismissed the idea that a shortage of the most advanced artificial intelligence chips will hinder the country’s aim to be a leader in AI, but said innovation is needed to address the issue. The comments by Zhang Ping’an, CEO of Huawei Cloud, comes amid tighter …
Like it or not, the world is barreling toward a new reality — one in which artificial intelligence (AI) will play a crucial role in our daily lives, perhaps reshaping the fabric of society in the process. How should investors position themselves for this technological inflection point? While Nvidia has been the poster child for …