President Joe Biden relies on his science adviser Arati Prabhakar to guide the US approach to safeguarding AI technology, with cooperation from tech giants like Amazon, Google, Microsoft and Meta. Prabhakar discusses the need for understanding the implications and consequences of AI, the challenge of making AI models explainable, concerns about biases and privacy, and the importance of voluntary commitments from tech companies along with government actions.
Alibaba has launched two new artificial intelligence models, Qwen-VL and Qwen-VL-Chat, which are open source and can understand images and engage in complex conversations, positioning the company in the global AI race.
Investment bank Morgan Stanley outlines upcoming events in the AI sector, including conferences by Google, Amazon, and Meta, that could impact AI stocks by providing insights into each company's AI opportunities and risks.
Many so-called "open" AI systems are not truly open, as companies fail to provide meaningful access or transparency about their systems, according to a paper by researchers from Carnegie Mellon University, the AI Now Institute, and the Signal Foundation; the authors argue that the term "open" is used for marketing purposes rather than as a technical descriptor, and that large companies leverage their open AI offerings to maintain control over the industry and ecosystem, rather than promoting democratization or a level playing field.
Baidu, China's leading AI technology and search leader, has outperformed Alibaba in the stock market since January 2023, indicating confidence in its AI growth prospects and its ability to integrate AI into its products and services. Baidu's diverse verticals and strong search data advantage have helped it maintain its AI leadership and mitigate the impact of weak physical goods spending. The company's investments in generative AI and autonomous ride-hailing further solidify its position in the Chinese economy.
Thomas Kurian, CEO of Google Cloud, will be discussing his big bet on AI and building an open ecosystem of AI partners at TechCrunch Disrupt 2023, where he will also preview what's next for Google Cloud and AI in general.
Alibaba's new CEO Eddie Wu plans to prioritize "user first" and "AI-driven" strategies as the company faces competition and changes in the internet landscape, with a focus on technology-driven internet platforms, AI-driven tech businesses, and global commerce networks.
Eight more companies, including Adobe, IBM, Palantir, Nvidia, and Salesforce, have pledged to voluntarily follow safety, security, and trust standards for artificial intelligence (AI) technology, joining the initiative led by Amazon, Google, Microsoft, and others, as concerns about the impact of AI continue to grow.
Alibaba plans to make its artificial intelligence model Tongyi Qianwen available to the public, signaling regulatory approval in China and emphasizing the importance of AI in the company's future strategy.
The Biden-Harris Administration has secured commitments from eight leading AI companies, including Adobe, IBM, and Salesforce, to advance the development of safe, secure, and trustworthy AI and bridge the gap to government action, emphasizing principles of safety, security, and trust.
Amazon will require publishers who use AI-generated content to disclose their use of the technology, small businesses are set to benefit from AI and cloud technologies, and President Biden warns the UN about the potential risks of AI governance, according to the latest AI technology advancements reported by Fox News.
Big Tech companies such as Google, OpenAI, and Amazon are rushing out new artificial intelligence products before they are fully ready, resulting in mistakes and inaccuracies, raising concerns about the release of untested technology and potential risks associated with AI.
Amazon and CrowdStrike are highly promising AI stocks that offer attractive investment opportunities due to their utilization of AI technologies in various business segments and their potential for growth in the AI-driven revolution.
Amazon has made a strategic investment of up to $4 billion in AI company Anthropic, positioning itself as a competitor against Microsoft, Meta, Google, and Nvidia in the AI field, while also gaining access to Anthropic's AI models and Amazon Web Services' computational power.
Alibaba Cloud has introduced several new AI services, including a platform-as-a-service offering called PAI-Lingjun Intelligent Computing Service, which will be available in Singapore and other regions outside of China, to handle tasks such as infrastructure provisioning, model access, and image processing based on generative AI. Alibaba Cloud also unveiled an AI acceleration offering and LLM-Based Conversational Search, a chatbot-as-a-service based on Alibaba's enterprise OpenSearch. Additionally, Alibaba's parent company announced plans to list its logistics operation, Cainiao, on the Hong Kong Stock Exchange to focus on its e-commerce and cloud activities.
The rally in artificial intelligence stocks has cooled off, but companies like Amazon and Facebook-parent Meta Platforms continue to make headlines in the AI industry. The focus now shifts to monetization strategies for AI products and the potential for new revenue for companies.
AI startup Anthropic is reportedly in talks with investors, including Google, to raise an additional $2 billion in funding at a valuation between $20 billion and $30 billion, just weeks after securing a $4 billion investment from Amazon. Meanwhile, rival OpenAI is said to be considering selling shares at a staggering $90 billion valuation, a significant surge from its valuation of $29 billion just a few months ago. Other AI startups, such as Character.AI and Prins AI, are also seeking significant valuation jumps in their funding rounds.
The article discusses the growing presence of artificial intelligence (AI) in various industries and identifies the top 12 AI stocks to buy, including ServiceNow, Adobe, Alibaba Group, Netflix, Salesforce, Apple, and Uber, based on hedge fund investments.
Amazon is making strategic moves in the artificial intelligence (AI) space, including developing its own semiconductor chips and offering AI-as-a-service, positioning itself as a key player in the AI race alongside Big Tech counterparts.
