World’s first major act to regulate AI passed by European lawmakers

World’s first major act to regulate AI passed by European lawmakers

Artificial Intelligence: the new technology that has taken the sector by storm.  Just_super | E+ | Getty Images “Europe is NOW a global standard-setter in AI,” Thierry Breton, the European Commissioner for internal market, wrote on X. President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while …

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Tim Berners-Lee gives predictions for future

Tim Berners-Lee gives predictions for future

Tim Berners-Lee is credited with inventing the World Wide Web in 1989. But he has been dissatisfied with the way his original vision for the web has panned out. Rita Franca | Nurphoto | Getty Images Berners-Lee is credited with inventing the world-changing technology in 1989 while working at CERN, the Swiss particle physics research …

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This veteran investor is buying ‘old economy’ stocks that are embracing AI

This veteran investor is buying ‘old economy’ stocks that are embracing AI

Artificial intelligence isn’t only benefiting technology companies. A host of stocks in other industries also stand to gain, according to Nancy Tengler, chief executive officer and chief investment officer of Laffer Tengler Investments. While shares of megacap technology companies such as Nvidia and Meta Platforms have soared on hopes that AI will usher in new technological …

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Missed Nvidia rally? These stocks are buying NVDA’s AI chips

Missed Nvidia rally? These stocks are buying NVDA’s AI chips

Shares of Nvidia have risen 280% over the past year thanks to surging sales of its chips that power artificial intelligence applications. However, the Silicon Valley company isn’t alone in the AI-fueled rally. Investors are also ploughing their money into companies buying these chips, amid expectations that AI will help improve productivity and profits. CNBC …

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Facebook working on single AI model to power all video recommendations

Facebook working on single AI model to power all video recommendations

Omar Marques | Sopa Images | Lightrocket | Getty Images Meta’s hefty investment in artificial intelligence includes development of an AI system designed to power Facebook’s entire video recommendation engine across all its platforms, a company executive said Wednesday. Tom Alison, the head of Facebook, said part of Meta’s “technology roadmap that goes to 2026” …

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Augmented reality glasses with AI voice assistant

Augmented reality glasses with AI voice assistant

The Oppo Air Glass 3 is a prototype set of augmented reality (AR) glasses with a voice assistant. Oppo BARCELONA – Oppo on Monday unveiled a prototype set of augmented reality (AR) glasses with a voice assistant, underscoring how electronics giants are trying to infuse artificial intelligence across their products to stand out. Oppo, a …

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Wall Street high on AI euphoria

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets positive Wall Street hit another record on Friday as …

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Tech and AI companies sign accord to combat election-related deepfakes

Tech and AI companies sign accord to combat election-related deepfakes

Microsoft, Meta, Google, Amazon, IBM, Adobe and chip designer Arm all signed the accord. Artificial intelligence startups OpenAI, Anthropic and Stability AI also joined the group, alongside social media companies such as Snap, TikTok and X. Tech platforms are preparing for a huge year of elections around the world that affect upward of four billion …

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