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

True Fit leverages generative AI to help online shoppers find clothes that fit

True Fit leverages generative AI to help online shoppers find clothes that fit

True Fit, the AI-powered size-and-fit personalization tool, has offered its size recommendation solution to thousands of retailers for nearly 20 years. Now, the company is venturing into the generative AI space with “Fit Hub,” a new tool that aims to improve the way online shoppers find clothing that fits their body type. Sizing issues continue …

Read more

Staff at top AI companies sign letter calling for more transparency about risks

Staff at top AI companies sign letter calling for more transparency about risks

The signatories say they believe in the potential of AI for solving many of humanity’s problems and to deliver unprecedented benefits, but believe that the profit motive is providing “strong financial incentives to avoid effective oversight,” adding that the “bespoke structures of corporate governance” are not up to the task. Companies cannot be relied upon …

Read more

The Billion-Dollar Price Tag of Building AI

The Billion-Dollar Price Tag of Building AI

Artificial intelligence executives have big plans—and they’re not cheap. In a recent interview with TIME, Dario Amodei, CEO of AI company Anthropic predicted that the cost to develop the next generation of AI systems that will be released later this year would be around $1 billion. This trend suggests that the generation after that would …

Read more

Stock Market Today: Dow Jones Falls As Warren Buffett Stock ‘Plunges’ 99%; GameStop Soars Amid Roaring Kitty Bet

Stock Market Today: Dow Jones Falls As Warren Buffett Stock ‘Plunges’ 99%; GameStop Soars Amid Roaring Kitty Bet

The Dow Jones Industrial Average continued to give up ground Monday while trading in Berkshire Hathaway (BRKA) and other stocks restarted after a halt due to technical issues. The Nasdaq composite managed to contain its losses on the stock market today as Nvidia (NVDA) popped on the release of more artificial intelligence products over the …

Read more

Why Wharton Is Going All-In On AI

Why Wharton Is Going All-In On AI

Even as doubts grow about the realities of generative AI versus the marketing of the tech by Silicon Valley, the Wharton School at the University of Pennsylvania announced last month that it is going all-in on AI — doubling down on what Dean Erika James calls an indispensable new technology that will revolutionize the world. …

Read more

Supermicro Liquid-Cooled AI SuperClusters Will Power Large-Scale AI Data Center in Japan

Supermicro Liquid-Cooled AI SuperClusters Will Power Large-Scale AI Data Center in Japan

Working with Datasection, KDDI, and Sharp, Supermicro Will Deploy Rack Scale Plug-and-Play Liquid-Cooled AI Solutions with Advanced NVIDIA GPUs at a New AI Data Center — AI Data Centers with Green Computing Can be Free with a Bonus  SAN JOSE, Calif. and TAIPEI, June 3, 2024 /PRNewswire/ — Computex — Supermicro, Inc. (NASDAQ: SMCI), a Total …

Read more

AI’s Showrunner Sparks Debate on the Future of Entertainment

AI’s Showrunner Sparks Debate on the Future of Entertainment

Fable Studio has launched Showrunner, an artificial intelligence (AI)-driven streaming platform that generates personalized animated shows based on subscriber prompts.  Chief Executive Edward Saatchi described Showrunner to the Hollywood Reporter as “the Netflix of AI,” offering viewers a high degree of control over the content they consume and blurring the lines between creator and consumer. …

Read more