[ News ]

[ What does the future hold for genAI? The Gartner Hype Cycle ]

Orignal article: https://martech.org/what-does-the-future-hold-for-genai-the-gartner-hype-cycle/ GenAI may be at the peak of the hype cycle now, but how will it avoid a plunge into the trough of disillusionment? It’s no surprise to anyone that generative AI and the foundational models that support it are currently to be found at the very summit of what Gartner calls “the peak of inflated expectations” in the latest iteration of the “Gartner Hype Cycle for Artificial Intelligence.” That means they’re teetering on the precipice that could plummet them...

Posted: 10/02/23 [ Read More... ]

[ Tech Giant Opens Up New AI Hub in Downtown San Francisco. What Is It? ]

Original article: https://sfstandard.com/2023/09/28/microsoft-opens-ai-lab-san-francisco/ Microsoft is opening up an AI hub in San Francisco, further entrenching the city’s status as an epicenter for artificial intelligence. The company announced the new AI Co-Innovation Lab located in 555 California St. on Thursday, billing its presence in San Francisco as a way for local startups and companies to better integrate artificial intelligence into their work. “It has been incredible to see the pace of development and innovation coming from the Bay Area and we’re looking forward...

Posted: 09/29/23 [ Read More... ]

[ Gartner Identifies Top Trends Shaping the Future of Data Science and Machine Learning ]

Original article: https://www.gartner.com/en/newsroom/press-releases/2023-08-01-gartner-identifies-top-trends-shaping-future-of-data-science-and-machine-learning Analysts Explore Industry Trends at Gartner Data & Analytics Summit in Sydney, July 31 – August 1 Gartner, Inc. today highlighted the top trends impacting the future of data science and machine learning (DSML) as the industry rapidly grows and evolves to meet the increasing significance of data in artificial intelligence (AI), particularly as the focus shifts towards generative AI investments. Speaking at the Gartner Data & Analytics Summit in Sydney today, Peter Krensky, Director Analyst at Gartner said: “As machine...

Posted: 09/27/23 [ Read More... ]

[ Amazon Takes a Big Stake in the A.I. Start-Up Anthropic ]

original article: https://www.nytimes.com/2023/09/25/technology/amazon-anthropic-ai-deal.html With its investment of up to $4 billion, Amazon is seeking a bigger footprint in A.I. development, one already established by rivals like Microsoft and Google. Amazon said on Monday that it would invest up to $4 billion in the artificial intelligence start-up Anthropic, as the world’s biggest technology companies race to benefit from A.I. breakthroughs that could reshape parts of their businesses — and the economy as a whole. Amazon is trying to keep pace with rivals such as...

Posted: 09/26/23 [ Read More... ]

[ Meet @Fiatjaf, The Mysterious Nostr Creator Who Has Lured 18 Million Users And $5 Million From Jack Dorsey ]

Original article: https://www.forbes.com/sites/digital-assets/2023/05/30/bitcoin-social-network-nostr-creator-fiatjaf-/?sh=66cde06f11c0 Disenchanted with social media options like Twitter, the reclusive Bitcoin programmer tells Forbes how he designed his chat-and-payment service for people who dislike corporate control. Welsh software developer Ben Arc first encountered fellow developer known to the world only as @Fiatjaf in 2019 while hacking into a Pac-Man arcade game to make it accept bitcoin. After having difficulty using software designed to simplify the process, Arc sent a message to a mailing list for bitcoin developers looking for help....

Posted: 05/31/23 [ Read More... ]

[ Twitter’s company name is now X Corp., a move toward Musk’s grand vision ]

Original article: https://www.zdnet.com/article/twitters-company-name-is-now-x-corp-a-move-toward-musks-grand-vision/ Could the official name change mean a Twitter transformation is underway? If you have been keeping up with Elon Musk's many fixations, you may remember his advocating for the creation of an "everything app". A court filing reveals that he is one step closer to making that idea a reality. A court document filed on April 4, 2023, reveals that Twitter, Inc has merged into X Corp. and no longer exists. Also: The best Twitter alternatives The document also reveals...

Posted: 04/12/23 [ Read More... ]

[ Goldman Is Reportedly Using AI To Write Code As Banks Crack Down On ChatGPT Use ]

Original article: https://www.forbes.com/sites/siladityaray/2023/03/22/goldman-is-reportedly-using-ai-to-write-code-as-banks-crack-down-on-chatgpt-use/?sh=23280f193300 Goldman Sachs revealed that the company is using generative AI tools to aid its software developers in writing and testing code, just weeks after reports of major U.S. banks—including Goldman—restricting staffers’ use of ChatGPT. The bank’s use of generative AI was only a “proof of concept,” Marco Argenti, Goldman’s chief information officer told CNBC Tuesday. The AI tool has been used by the company’s software developers to write “as much as 40%” of code in some cases, the report said. The...

Posted: 03/22/23 [ Read More... ]

[ Which companies are affected by SVB collapse? ]

Original article: https://www.reuters.com/business/finance/global-firms-with-exposure-collapsed-svb-2023-03-13/

March 14 (Reuters) - Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout.

The collapse also raised concerns that...

Posted: 03/15/23 [ Read More... ]

[ OpenAI starts selling subscriptions to its ChatGPT bot ]

Original article: https://www.axios.com/2023/02/01/chatgpt-subscriptions-chatbot-openai OpenAI announced Wednesday it's starting to sell $20 a month subscriptions to ChatGPT, its trendy AI-driven chatbot that answers questions, write poems and has taken the tech world by storm. Why it matters: ChatGPT seized a powerful spotlight. Now, the monetization begins. Details: ChatGPT will still be available for free to users who don't subscribe, but paying customers will get priority access, faster response times, and early use of new features. The big picture: ChatGPT's popularity came at a high operating cost to OpenAI. The AI...

Posted: 02/02/23 [ Read More... ]

[ Walmart Business launches as a B2B ecommerce site ]

Original article: https://www.digitalcommerce360.com/2023/01/24/walmart-business-launches-as-a-b2b-ecommerce-site/ Walmart’s newest ecommerce site is targeting small and midsized businesses and not-for-profit organizations with more than 100,000 items ranging from office supplies to automotive and heating-and-air-conditioning products. A Walmart Business+ membership program offers free shipping and other perks. Key takeaways: Walmart Business expects to capitalize on Walmart’s existing expertise in ecommerce and fulfillment operations. Walmart is vying with Staples, Costco and others for the B2B market. Walmart figures there’s enough B2B market for both Walmart Business and Sam’s Club. The world’s largest retailer is...

Posted: 01/26/23 [ Read More... ]