UBS's global equities strategist Andrew Garthwaite suggests that Generative AI could increase productivity growth to 2.5% and contribute to a 20% return for equities by 2024, potentially taking the S&P 500 to 5,723.87, with the technology already impacting work output and quality.
Super Micro Computer, which works closely with Nvidia, has experienced significant volatility with its stock surging 812% in the last year, but investors should consider the company's heavy reliance on Nvidia and its premium valuation before investing.
Generative AI's use of copyrighted material to train language models is challenging the existing copyright law, with lawsuits claiming widespread theft and AI companies arguing fair use; this raises fundamental questions about the role of AI in society and the potential impact on human creativity and the circulation of knowledge.
AI has already had negative effects on workers' jobs, including surveillance, speed-ups, and layoffs, but there are steps that can be taken to minimize these impacts and ensure workers benefit from AI's productivity and profits.
A group of Democrat-supporting technologists is using AI tools to create digital ads and fundraising emails for Democratic candidates, aiming to help cash-strapped campaigns save money and win tight races, with early tests showing promising results generating more fundraising dollars per work hour. However, there are concerns about potential risks and the need for regulation regarding the use of AI in elections.
A Ukrainian influencer expresses anger and frustration after discovering that her face and voice have been cloned using AI technology to portray her as Russian and sell products on Chinese social media, highlighting the growing concern over deepfake technology.
China is developing an AI-based intelligence platform called "Supermind" to track and gather information on scientists and researchers worldwide, with the aim of acquiring breakthrough technologies for industry and military purposes, as part of China's efforts to compete with the United States in global technology.
Meta CEO Mark Zuckerberg has expressed interest in strengthening cooperation with Samsung Electronics for AI chips to counter the geopolitical risk posed by Taiwan, while also exploring collaborations around AI chips and extended reality with Samsung executives and LG Electronics, respectively. This comes as the global AI chip race intensifies and companies like Meta and LG aim to build their AI capabilities.
HP Inc. CEO Enrique Lores expects a recovery in PC demand in the second half of 2024, despite a slowdown in commercial demand and declining laptop shipments, as the company focuses on cost control and prepares for the introduction of AI PCs.
Google DeepMind has released Genie, an image-to-video AI model trained on 200,000 hours of gaming videos that can generate playable video games from real-world images or sketches.
Google's AI chatbot Gemini is facing criticism for its biased and inaccurate answers to moral questions, prompting concerns about the potential impact on future generations who may rely on AI for learning.
The U.S. is increasing its use of AI technology on the battlefield, using complex artificial intelligence and machine learning to launch precision strikes on enemy targets in the Middle East, according to a report from Bloomberg.
Generative AI is transforming the retail industry by enabling AI shopping assistants, realistic virtual try-on features, AI-generated summaries of customer reviews, metaverse stores, personalized customer journeys, personalized products, and improved in-store experiences.
Alibaba is slashing prices for its cloud services by as much as 55% in order to regain customers and compete with rivals like Tencent and Baidu in the highly contested cloud business.
Artificial intelligence (AI) is increasingly being used in conflict mediation and peacebuilding, allowing mediators to gather intelligence, facilitate negotiations, and analyze large volumes of data, but concerns about biases and the need for authenticating information persist.
Google's text-to-music AI, MusicLM, has received a significant update through finetuning based on user preferences, improving its quality but still not reaching human-level outputs.
In a recent study, large language models were found to outperform medical experts in summarizing electronic health record data, showcasing the potential for these models to save time and improve patient care.
Generative AI tools are exacerbating the issue of misinformation and fake news by making it easier to produce content that is difficult to verify, presenting challenges in determining authenticity and raising concerns about the spread of disinformation. The government, platforms, and individuals need to take steps towards regulation, media literacy education, and incorporating safety measures to address this issue.
Dell Technologies believes that the growing popularity of generative AI will drive the adoption of open radio access networks, leading to a significant transformation in the telecom equipment industry.
Tech mogul Elon Musk has voiced concerns over the alleged collusion among Big Tech AI giants, warning that society is at stake as they work together to establish a government-protected cartel and undermine alternatives like startups and open source.
SoundHound AI, a voice recognition specialist and a top player in conversational AI, has seen its stock surge by 282% in February, driven by its association with Nvidia and its potential in enhancing customer experience and reducing costs through virtual agents in the restaurant industry, although concerns remain about implementing virtual assistants in drive-thrus and its valuation.
The lack of a unified global framework for overseeing AI and the absence of national-level regulatory measures pose significant risks to national security and sovereignty, impacting traditional notions of sovereignty, democracy, lethal autonomous weapons systems, and cybersecurity.
Salesforce reported strong growth in its data cloud segment, reflecting the increasing demand for data to train AI models, but stated that the revenue boost from AI products is not expected in the near term, while also announcing its first-ever dividend and additional funds for its share buyback program.
Baidu's profit declined 48% due to high expenses for training and developing AI systems, but the company achieved a 6% increase in revenue as its ChatGPT-style service improved advertising sales.
Google CEO Sundar Pichai's comments about investing in artificial intelligence to combat "misinformation" are under scrutiny after the bias of Google's AI tool was flagged, suggesting that the company has had a politically motivated agenda since at least 2016, according to Michael Shellenberger.
Advancements in artificial intelligence have made augmented reality more accessible and affordable, with generative AI simplifying and automating the production and development of 3D experiences, driving the growth of AR and creating personalized and responsive consumer experiences that converge AI with AR.
Salesforce Inc. reported a lackluster annual sales forecast but pleased investors with continued profitability, a first-ever dividend, and increased share buybacks.
Super Micro Computer's stock price declined due to a pullback in the artificial intelligence (AI) market, with concerns over valuation and the sale of Nvidia shares by board members impacting investor sentiment, despite Supermicro's strong performance and growth potential.
A fake viral image of a man smoking in a 1980s-style McDonald's was created using generative AI and fooled many people due to its low-stakes nature and lack of scrutiny.
Apple's car project, internally known as Titan, was plagued by internal disagreements and false starts, leading to its ultimate cancellation after spending more than $10 billion and a decade on development.
Turkish President Erdogan's political allies are using artificial intelligence and deepfake videos in ads to regain control of Istanbul in the upcoming local elections in March.
Computer scientists have developed an efficient and fast technique called BEAST for generating adversarial prompts that elicit harmful responses from large language models (LLMs), with a speedup of 65x over existing gradient-based attacks, allowing attacks on publicly available models like OpenAI's GPT-4.
Voice cloning, a form of artificial intelligence, is making it easier for scammers to impersonate individuals and convince others to hand over money, with adults over 60 being particularly vulnerable, but younger generations are also at risk.
Software firm C3.ai exceeds expectations with its quarterly results, narrowing its full-year revenue forecast and appointing a new CFO, leading to a surge in its shares by over 14% in after-hours trading.
Abridge, a startup that uses AI to transcribe patient conversations with doctors and convert them into medical notes, has raised $150 million in a Series C round and reached a valuation of $850 million. The funding will be used to expand sales into more hospitals and invest in research and development.
A new AI technique developed by researchers at the University of Illinois Urbana-Champaign overcomes the limitations of atomic force microscopy (AFM) by removing the effects of the microscope probe's width, allowing for the resolution of material features smaller than the probe's tip.
At least 100 malicious AI ML models have been discovered on the Hugging Face platform, putting users at risk of data breaches and espionage attacks, despite the platform's security measures.
Snowflake stock sinks after its product sales guidance falls short and CEO Frank Slootman steps down, while C3.ai beats revenue estimates and Okta stock jumps following Q4 revenue forecast surpassing expectations.
The use of artificial intelligence (AI) in internet search engines is expected to grow, offering improved search experiences but also posing risks such as presenting false information and biases against minorities. Major search companies like Google and Microsoft have incorporated AI tools into their systems, and new AI search sites are also available. Users can find and access these AI search engines on the main search pages, and most services have free versions with the option to upgrade for smarter AI tools and more search possibilities. Results from AI tools generally provide longer, readable collections of information with warnings about possible misinformation.
Georgia Bell, a full-time employee working with artificial intelligence, has made an extraordinary comeback in her running career, earning a spot on the Great Britain team for the World Athletics Indoor Championships and holding the fourth fastest time in the women's 1500m field this year. Bell is managing training twice a day while working in cyber security and hopes to compete in the Olympics this summer.
Software company C3.ai reported better-than-expected earnings for its fiscal third quarter, with revenue surpassing estimates and stock prices rising as a result.
The MIT Shaping the Future of Work Initiative aims to analyze the forces eroding job quality and labor market opportunities for non-college workers, and identify innovative ways to create a more equitable economy by shaping technology and policies.
C3.ai's shares rise as the company reports a smaller loss than expected in the third quarter, along with increased revenue and a positive outlook for the fourth quarter.
Microsoft's 15 million euro investment in Mistral, a French firm known for its AI language models, has faced scrutiny from EU regulators due to concerns over competition and potential influence on AI regulations, highlighting tensions between Big Tech companies and European lawmakers.
Apple is canceling its electric vehicle project to shift its focus to artificial intelligence (AI), which analysts believe will help the company compete with other tech giants and potentially improve its services and devices, including the new Vision Pro virtual reality headset.
Microsoft has quietly introduced a new feature called Notebook in its Copilot AI, providing a new interface for editing prompts without losing the context of previous answers.
Super Micro Computer (SMCI) stock is experiencing a pullback due to the decline in valuation for high-profile AI companies, such as Nvidia and SoundHound AI, which is impacting the broader artificial intelligence space.
Smartphone makers are incorporating more AI tools into their devices, aiming to improve performance and reduce reliance on cloud servers, potentially revitalizing the stagnating mobile market.
Generative AI can enable people without SQL knowledge to generate SQL queries from natural language descriptions, addressing challenges such as language ambiguity, multiple databases, and complex metadata using Amazon Bedrock and AWS Analytics Services.
Every day, new generative AI products and services are being announced, but not all of them will be groundbreaking like OpenAI's ChatGPT; however, the market is still flooded with platforms and tools as companies try to find their use-cases, resulting in confusion for customers and a practice known as AI-washing.