GENERATIVE ARTIFICIAL INTELLIGENCE
ChatGPT answers went 'undetected', secured better grades than students, study finds
On behalf of 33 'fake students', the researchers at the University of Reading, UK, submitted answers generated by ChatGPT to the examinations system of the School of Psychology and Clinical Language Sciences of the same university.
Cash strapped Stability AI raises $80 million with new CEO and board
According to a person familiar with the matter, Stability AI has raised about $80 million in funding from a group of investors including Coatue Management, Lightspeed Venture Partners, and former Google CEO Eric Schmidt. The firm also released AI models to generate audio and video using text prompts and named former Facebook President Sean Parker as executive board chairman of its board.
India's AI spending to touch $6 billion by 2027: IDC
Indian AI adoption is projected to boost AI spending to USD 6 billion by 2027, driven by IDC's insights on Generative AI and GenAI-enabled delivery, emphasizing the importance of digital transformation for Indian service providers.
Music labels sue AI companies Suno, Udio for US copyright infringement
Major record labels Sony Music, Universal Music Group, and Warner Records sued AI companies Suno and Udio for mass copyright infringement in using recordings to train music-generating AI systems.
Accenture narrows its revenue guidance to 1.5-2.5% in FY24
Accenture's strong financial performance, driven by AI adoption, generative technologies, and strong revenue growth, positions it as a key player in the IT services sector.
Can AI answer the needs of smaller businesses? Some push to find out
Economists generally believe that the diffusion and adoption of generative AI will occur much faster, in part because information flows more quickly than it did in the past.
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Former OpenAI chief scientist Ilya Sutskever to start a new AI company
The company is focused on creating a safe AI environment at a time when some of the biggest tech companies are looking to dominate the generative AI boom.
Global audiences suspicious of AI-powered newsrooms, report finds
Newsrooms globally are working to address a new challenge with generative artificial intelligence, as tech giants and startups like Google and OpenAI build tools that can offer summaries of information and siphon traffic from news websites.
Amazon pledges $230 million to boost generative AI startups
The initiative will offer early stage companies AWS cloud computing credits, mentorship, and education to enhance their use of AI and machine learning technologies, according to the company. Participating startups will gain access to AWS computing, storage, database, and custom AI chip services through these credits.
Amazon pledges $230 million to boost generative AI startups
Cloud computing giant Amazon Web Services on Thursday announced a $230 million commitment aimed at accelerating the development of generative artificial intelligence applications by startups worldwide. The training of generative AI models behind apps such as ChatGPT requires an immense amount computing power that quickly depletes the cash reserves of startups.
AI is making robots smarter. They’ll need boundaries
Robots are already roaming factory and warehouse floors, and AI will make them smarter and more agile. As is usually the case with new technology, the military is prodding innovation.
Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders
The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup.
Meta hit with privacy complaints over AI plans
A Vienna-based privacy group filed complaints against Meta in 11 European countries over unlawful AI data use. Microsoft announced a $3.2 billion AI investment in Sweden over two years, AMD unveiled new AI chips to challenge Nvidia, and Cisco plans a $1 billion investment in AI startups for secure AI services.
US election officials split on AI disclosure rules for political ads
FEC officials are divided over whether to require disclosure of AI-generated content in political ads. FCC Chair Rosenworcel supports the proposal, citing concerns about misleading deep fakes. Vice Chair Weintraub agrees, emphasizing the need for transparency. Chair Cooksey opposes, arguing it would cause chaos for campaigns.
Banks say growing reliance on Big Tech for AI carries new risks
European banking executives express concerns about banks' increasing dependence on big U.S. tech firms due to the boom in artificial intelligence, driven by the popularity of AI applications like OpenAI's ChatGPT for fraud detection and money-laundering.
The life, death and rebirth of an AI-generated news outlet
Irish broadcaster Dave Fanning's defamation lawsuit involves Kasturi Chakraborty and Hemin Bakir, former journalists at BNN Breaking, revealing the impact of AI-generated news on their reputations.
OpenAI, Google DeepMind's current and former employees warn about AI risks
The letter further warns of risks from unregulated AI, ranging from the spread of misinformation to the loss of independent AI systems and the deepening of existing inequalities, which could result in "human extinction."
AMD launches new AI chips to take on leader Nvidia
Advanced Micro Devices unveiled the MI325X accelerator at Computex, aiming to challenge Nvidia with new AI chips by 2026.
Google is using AI to answer your health questions. Should you trust it?
Google AI Overviews, utilizing generative AI, presents search answers with a mix of reputable and commercial sources. Experts raise concerns about accuracy and clarity in medical responses, emphasizing the need for critical evaluation and reliance on trusted sources.
Meta identifies networks pushing deceptive content likely generated by AI
Meta found 'likely AI-generated' content on Facebook and Instagram, including comments praising Israel's handling of the Gaza war. The content was attributed to a Tel Aviv-based political marketing firm, STOIC.
PWC to become OpenAI's largest enterprise customer, WSJ reports
PWC will roll out a version of Microsoft-backed OpenAI's flagship chatbot catered towards large companies- ChatGPT Enterprise, according to the report.
Ex-OpenAI board member provides her first detailed account of CEO Sam Altman's ouster
Former OpenAI board member Helen Toner revealed on a podcast the backstory behind the firing and rehiring of CEO Sam Altman, citing instances of psychological abuse and a toxic atmosphere at the company due to a manipulative executive.
Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips
After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice interactions to spur more orders for its graphics processors.
GenAI may help Indian workers save 51 million hours a week by 2026: Pearson study
Generative AI (GenAI) could save Indian workers 51 million hours weekly by 2026, according to Pearson's "Reclaim the Clock" study. GenAI boosts productivity by handling routine tasks, reducing burnout. The top five tasks with the most hours saved in India include promoting products, collecting consumer data, developing marketing materials, identifying opportunities, and explaining technical details. Other significant tasks include maintaining expertise, operational records, and ensuring accuracy. GenAI allows workers to focus on high-value activities like strategic thinking, collaboration, and problem-solving, enhancing work-life balance and productivity.
Can we rid artificial intelligence of bias?
Artificial intelligence built on mountains of potentially biased information has created a real risk of automating discrimination, but is there any way to re-educate the machines? The huge models on which ChatGPT is built "can't reason about what is biased or what isn't so they can't do anything about it," cautioned Jayden Ziegler, head of product at Alembic Technologies.
EU demands clarity from Microsoft on AI risks in Bing
Generative AI is one of the risks identified by the commission for the integrity of electoral processes, in particular for the upcoming European Parliament elections in June.
GenAI production deployments on the rise in India: EY India
20% of gen AI PoCs in India were in production in FY 2024. FY 2025 expects revenue growth, AI agent bots deployment in customer service, sales, underwriting, document intelligence.
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