Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. Lemonade — which says artificial intelligence (AI) is the foundation upon which the company was built — expects generative AI to be an accelerant for its efforts and it has...
Generative artificial intelligence (AI) captured the public imagination by trying to model and recreate it. Now, academic and business interests are clashing around the future use and development of the powerful, data-hungry models, with AI pioneer Dr. Geoffrey Hinton resigning from Google this week (May 1) to...
Fortellix has raised $43 million to expand its products for the automated driving sector. The Israeli company, which makes safety-driven verification and validation technology for automated driving systems and advanced driver assistance systems (ADAS), announced the funding in a Wednesday (May 3) news release. The Series C round,...
Microsoft’s chief economist says illegal artificial intelligence use is a matter of “when,” not “if.” “I am confident AI will be used by bad actors, and yes, it will cause real damage,” Michael Schwarz said while serving on a World Economic Forum panel in Geneva...
IBM is reportedly planning to suspend hiring for jobs artificial intelligence (AI) could someday do. In an interview Monday (May 1) with Bloomberg News, CEO Arvind Krishna said the technology company will freeze or slow hiring for around 26,000 back-office roles. “I could easily see...
OpenAI says its ChatGPT artificial intelligence (AI) chatbot is again available in Italy. Italy had banned the use of ChatGPT over privacy concerns, but OpenAI says it has fulfilled the demands of the country’s data protection authority. “ChatGPT is available again to our users in Italy,”...
Speaking of generative AI — as everyone seems to be doing now — voice applications of this powerful technology are already transforming business, and consumer demand for more options in voice commerce is shaping the agendas of developers, brands and merchants. In a week of revelations, both...
Apple is reportedly developing new projects to move deeper into the health and wellness space. According to a Tuesday (April 25) report by Bloomberg News, the company is at work on a health coaching service — codenamed Quartz — which uses artificial intelligence (AI) to...
Decisions made for companies by artificial intelligence (AI) still have to adhere to the law. So said four federal agencies in a joint statement released Tuesday (April 25). “These automated systems are often advertised as providing insights and breakthroughs, increasing efficiencies and cost-savings, and modernizing...
