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The rise of the Chinese AI unicorns doing battle with OpenAI
3.5.2024
Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country
Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report
30.4.2024
Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models
Google says no 'straight line' between generative AI and unemployment — for now
29.4.2024
A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics
ChatGPT Now Open To All, Subject to Content Restrictions
2.4.2024
OpenAI announced on April 1 that users of its generative AI tool ChatGPT will no longer need to register an account in order to access its services, as part of its effort to offer a seamless AI experience to a global audience.
The post ChatGPT Now Open To All, Subject to Content Restrictions...
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
15.3.2024
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...
Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining
29.12.2023
In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in technology, it’s encountering similar environmental...
Amazon launches ‘Q’ — a ChatGPT competitor purpose-built for business
29.11.2023
Employees in HR, legal, product management, design, manufacturing and operations departments will benefit from Q, said AWS CEO Adam Selipsky
Publicly-Listed Bitcoin Miner Bitdeer Expands Into AI With Nvidia
10.11.2023
Several bitcoin mining enterprises are shifting their focus to artificial intelligence (AI) computing and cloud services. In a recent development, the publicly traded blockchain and high-performance computing company Bitdeer, disclosed its expansion into AI. This strategic move involves providing...
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...
US Space Force pauses use of ChatGPT-like tools due to security fears: Report
13.10.2023
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer
US Spy Agency Plans to Launch Generative AI Tool to Amplify Intelligence Gathering
29.9.2023
Reports indicate that the U.S. Central Intelligence Agency is poised to unveil a generative artificial intelligence (AI) tool, akin to Openai’s Chatgpt, to significantly enhance investigative efforts. Randy Nixon, the head of the CIA’s Open-Source Enterprise division, explained that this...
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
29.8.2023
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining
Study: Generative AI Could Add Trillions to Global Economy
31.7.2023
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools...
High skilled jobs most exposed to AI, impact is still unknown - report
12.7.2023
A deep dive into global employment data and trends indicates that AI could have the biggest impact on high-skill jobs
What is DALL-E, and how does it work?
27.6.2023
Discover the process of text-to-image synthesis using DALL-E’s autoencoder architecture and learn how it can transform textual prompts into images
What is generative AI?
26.6.2023
Generative AI leverages large data sets and sophisticated models to mimic human creativity and produce new images, music, text and more
AI automation could take over 50% of today’s work activity by 2045: McKinsey
15.6.2023
Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage workers