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artificial intelligence

CFTC proposes heightened penalties for AI misuse in financial markets
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13 May, 2024

CFTC proposes heightened penalties for AI misuse in financial markets

Commissioner Kristin Johnson also proposed the creation of a task force on AI fraud as the Commodity Futures Trading Commission...
Microsoft eyes new in-house AI model to match rivals
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12 May, 2024

Microsoft eyes new in-house AI model to match rivals

Rumored with as much as 500 billion parameters, Microsoft's new in-house AI model could rival open-source models developed by Google...
Researchers uncover new process to improve wind turbines using AI
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12 May, 2024

Researchers uncover new process to improve wind turbines using AI

The AI-based Wind Plant Graph Neural Network comes with numerous benefits, according to researchers, including saving land space, improving revenue...
Ernst & Young surveys AI impact on workforce, predicts massive hiring spree
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11 May, 2024

Ernst & Young surveys AI impact on workforce, predicts massive hiring spree

EY surveyed over 250 high-ranking executives in the technology industry, noting that the sector is in a prime position for...
Apple teases new AI-focused chip for incoming iPad Pro
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10 May, 2024

Apple teases new AI-focused chip for incoming iPad Pro

Instead of introducing its new line of Mac PCs in line with the firm's tradition, Apple announces a new and...
India’s elections use AI extensively as concerns rise over potential misuse
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10 May, 2024

India’s elections use AI extensively as concerns rise over potential misuse

India is not only using AI to target voters through language translations, but it will also use it to create...
Microsoft invests $2.2 billion to fuel Malaysia’s cloud, AI infrastructure
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10 May, 2024

Microsoft invests $2.2 billion to fuel Malaysia’s cloud, AI infrastructure

Microsoft will provide artificial intelligence skilling opportunities for up to 200,000 Malaysians to fuel the rising AI drive, relying on...
Single-issue ‘crypto’ voters urged to save single-issue ‘crypto’ companies
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9 May, 2024

Single-issue ‘crypto’ voters urged to save single-issue ‘crypto’ companies

Digital Currency Group has issued the results of a new voter survey, claiming one in five registered voters in key...
UK House of Lords calls for more action from government on AI copyright, competition oversight
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9 May, 2024

UK House of Lords calls for more action from government on AI copyright, competition oversight

The chair of the Communications and Digital Select Committee in the House of Lords asked the U.K. government to “go...
Kazakhstan sets up new committee to spearhead AI advancements
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8 May, 2024

Kazakhstan sets up new committee to spearhead AI advancements

With artificial intelligence’s growing popularity, Kazakhstan established a new committee whose key role revolves around the development and implementation of...
Amazon records largest quarterly operating profit, boosted by AI
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7 May, 2024

Amazon records largest quarterly operating profit, boosted by AI

Amazon recorded $143.3 billion in Q1 revenue, beating Wall Street estimates, with its focus on AI “reaccelerating” growth for AWS,...
EU partners with Japan to tackle digital IDs, AI
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7 May, 2024

EU partners with Japan to tackle digital IDs, AI

The EU's partnership with Japan isn't only geared toward supporting innovation and boosting their competitiveness in the tech space but...