Microsoft is taking another stab at rolling out its AI-powered Recall program. The company in June announced it was delaying the launch of the artificial intelligence (AI) feature, which is designed to track and store users’ computer activity. Now, the tech giant is prepared for...
California Gov. Gavin Newsom killed the “kill switch” on artificial intelligence (AI) Sunday (Sept. 29), vetoing a bill that would have introduced safety testing requirements for AI companies developing models that cost more than $100 million or those using substantial computing power. The bill also...
OpenAI reportedly earned $300 million in revenue in August, up 1,700% since the start of 2023. That’s according to a report Friday (Sept. 27) by The New York Times (NYT), citing financial documents seen by the news outlet. Those documents show that the artificial intelligence...
Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion, but Apple recently backed away from discussions to take part, The Wall Street Journal (WSJ) reported Friday (Sept. 27), citing...
The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact on supply chains, consumer markets and innovation. A new report from Bain and Company warns of surging demand for AI-focused...
As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools could redefine not only operational strategies, but also the essence of customer interactions. Amid rising consumer frustration with traditional banking,...
Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. HP Wolf Security researchers have uncovered one of the first known instances where attackers used generative AI to write malicious code for distributing a...
OpenAI and Meta have introduced new artificial intelligence (AI) voice features that could reshape how consumers interact with brands. Meta’s upgrade includes celebrity voices like Judi Dench and John Cena, while OpenAI has rolled out enhanced voice capabilities for its ChatGPT users. Experts say these...
OpenAI reportedly plans to restructure its core business into a for-profit benefit corporation that won’t be controlled by its nonprofit board. Under this plan, the OpenAI nonprofit will own a minority stake in the for-profit company, Reuters reported Wednesday (Sept. 25), citing unnamed sources. The...
