artificial intelligence

artificial intelligence
IBM Joins AI Chip Race with Mainframe-Focused Processor
August 27, 2024

IBM has unveiled an upgraded computer chip that could give its customers an AI boost, potentially reshaping how some industries handle data-intensive tasks. For big businesses still relying on IBM’s powerhouse mainframe systems, the Telum II processor could mean smarter, faster operations in an increasingly...

artificial intelligence
Nvidia Introduces Pretrained, Customizable AI Workflows for Enterprise Use
August 27, 2024

Nvidia has introduced pretrained, customizable artificial intelligence (AI) workflows that will provide a “jump start” for enterprise developers creating AI applications using one or more AI agents. The new Nvidia NIM Agent Blueprints include sample applications, reference code, customization documentation and a Helm chart for deployment,...

artificial intelligence
Banks Tap AI for Estate Management and Compliance
August 27, 2024

Artificial intelligence (AI) is giving financial institutions new tools to meet their goals. Wells Fargo’s AI-driven estate management is boosting customer satisfaction, while Treasury Prime has partnered with Kobalt Labs to streamline bank compliance using AI. Wells Fargo Turns to AI-Driven Estate Management Wells Fargo...

artificial intelligence
How AI Translation Could Rewire Global Business
August 26, 2024

A new generation of artificial intelligence (AI)-powered translation tools is dismantling language barriers and reshaping how companies communicate across borders and cultures, experts say.  Unlike earlier services like Google Translate, which often produced awkward or nonsensical results, these new AI solutions leverage advanced machine learning...

artificial intelligence
Report: OpenAI Supports California Bill Requiring Labeling of AI-Generated Content
August 26, 2024

OpenAI reportedly supports a California bill that would require tech companies to label artificial intelligence (AI)-generated content. The company said in a letter to the author of Assembly Bill (AB) 3211, Buffy Wicks, that it believes transparency around AI-generated content is especially important in an election year,...

artificial intelligence
The Black Box: When AI Calls Shots We Can’t Explain
August 26, 2024

Artificial intelligence (AI) is making life-altering decisions that even its creators struggle to understand. Black box AI refers to systems that produce outputs or decisions without clearly explaining how they arrived at those conclusions. As these systems increasingly influence critical aspects of our lives, from...

artificial intelligence
Quantum-Powered AI Knocking on the Enterprise Business Door
August 26, 2024

Technical innovations are often overinterpreted in the short term and underestimated in the long term. Artificial intelligence (AI) and quantum computing represent two such innovations, particularly for businesses. The potential for AI far transcends the current applications of chatbots like ChatGPT and other language models....

artificial intelligence
OpenAI Taps Ex-Meta Exec to Lead Strategic Initiatives
August 25, 2024

OpenAI has reportedly named former Meta executive Irina Kofman to oversee the company’s strategic initiatives. Kofman will report to OpenAI tech chief Mira Murati, with an initial focus on preparedness and safety, Bloomberg News reported Friday (Aug. 23), citing a company spokesperson. She worked for...

artificial intelligence
Nvidia’s Profits Projected to Surge Amid Ongoing AI Adoption
August 25, 2024

Nvidia is expected to show another jump in profits this week thanks to ongoing artificial intelligence (AI) adoption. That’s according to a report Sunday (Aug. 25) by the Press Association, looking ahead at the chipmaker’s second quarter earnings, set to be released Wednesday (Aug. 28)....