The European Union has unveiled a draft titled the “First Draft General-Purpose AI Code of Practice,” marking its commitment to formulating comprehensive regulatory guidance for general-purpose AI models. This initiative, driven by input from various sectors, has been steered by four specific Working Groups focused on distinct aspects of AI governance, including transparency, risk identification, […]
A lawsuit brought by Elon Musk against OpenAI has shed light on the company’s tumultuous early years, revealing email exchanges involving Musk, CEO Sam Altman, and others during crucial periods of its development. These emails emerged as part of attempts to substantiate claims that OpenAI might be infringing antitrust laws, although the allegations have not […]
Did you know that nearly half of small businesses face challenges with effective asset management? Research indicates that about 43% of these businesses either rely on manual inventory reporting or, in some cases, do not track their assets at all. Asset management is undergoing a significant transformation thanks to artificial intelligence (AI), which is revolutionizing […]
After 13 years since the release of Final Cut X, Apple has launched Final Cut Pro 11, marking a significant upgrade in its video-editing software. This long-awaited update brings AI-powered features that promise to enhance users’ editing capabilities. Available for download starting November 13, existing users will receive it as a free update, while new […]
OpenAI is currently grappling with diminishing returns in the development of its latest AI model, codenamed Orion. According to a report from The Information, the new model is showing smaller performance gains compared to earlier versions. During employee testing, Orion reached a performance level equivalent to GPT-4 after just 20% of its training was completed. […]
A founder who was an early mover in autonomous vehicle technology has successfully raised $15 million for his next venture: a startup that claims its AI can autonomously generate enterprise software. The UK-based startup, Cogna, is led by Ben Peters, the technical co-founder of FiveAI, a self-driving company that was sold to Bosch in 2022. […]
After the discovery of a Taiwan Semiconductor Manufacturing Company (TSMC) chip embedded in a Huawei processor, the US Department of Commerce has ordered TSMC to cease shipments of advanced chips to Chinese clients. This decision follows significant trade restrictions placed on Huawei by the US government, aiming to determine if other companies are funneling chips […]
OpenAI is reportedly facing challenges with the development of its next flagship model, code-named Orion. According to a new report, the anticipated enhancements in AI performance may not be as significant as previous upgrades, specifically the transition from GPT-3 to GPT-4. Employees who have had the opportunity to test Orion indicated that while its overall […]
The Tony Blair Institute (TBI) has published a report that explores the significant impact of artificial intelligence (AI) on the workforce. The report illustrates how AI is poised to transform work environments, enhance productivity, and generate new opportunities while also acknowledging the potential challenges that lie ahead. Historically, technological advances have profoundly altered the nature […]
Amazon is contemplating increasing its investment in Anthropic, a significant competitor to OpenAI. According to a report from The Information, Amazon is engaged in discussions for a multi-billion dollar investment in Anthropic, marking its first financial commitment to the company since a $4 billion deal completed last year. The structure of the new investment mirrors […]