Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft while Nvidia reaps the benefits of big tech’s scramble to build a better chatbot. Go to Source
IBM
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IBM launches $500M fund to develop generative AI for enterprise
The new fund follows IBM’s participation in a $235M series D funding rounding in August for generative AI firm Hugging Face. Go to Source
IBM’s new AI chip offers 22X speedup with ‘mind-blowing’ energy efficiency
The team’s already years into work on the next version of the potentially revolutionary NorthPole hardware. Go to Source
IBM, Microsoft, others form post-quantum cryptography coalition
The coalition includes Google sibling company SandboxAQ and the University of Waterloo. Go to Source
Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI’s capabilities for harmful purposes. Go to Source
IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use
Listing numerous areas of concern, IBM Fellow, VP, and CTO of IBM Automation Jerry Cuomo lays out the potential pitfalls for businesses using ChatGPT. Go to Source
IBM Watson team leader raises $60M for AI startup Elemental Cognition
The company provides two enterprise solutions, Cogent and Cora, both chatbots tailored for diverse applications. Go to Source
Wimbledon 2023 to feature AI-generated highlights commentary
The AI-generated tools include player analysis, personalized highlights and a new draw analysis feature for the single’s path to the final. Go to Source Powered by WPeMatico
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Altman appeared alongside NYU professor Gary Marcus and IBM chief of trust Christina Montgomery to discuss how the U.S. government should regulate the AI industry. Go to Source Powered by WPeMatico
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace. Go to Source Powered by WPeMatico
