artificial intelligence

artificial intelligence
Meta Suspends AI Tools in Brazil Amid Privacy Policy Dispute
July 18, 2024

Meta has reportedly suspended its generative artificial intelligence (AI) tools in Brazil after one of the country’s regulators objected to part of the company’s privacy policy. Earlier in July, Brazil’s National Data Protection Authority (ANPD) suspended the validity of Meta’s new privacy policy, saying the...

artificial intelligence
OpenAI Debuts Cheaper AI Model GPT-4o Mini
July 18, 2024

OpenAI has introduced a smaller, more affordable iteration of its artificial intelligence (AI) model ChatGPT. GPT-4o mini, announced Thursday (July 18), is available now for free users and paying ChatGPT Plus and Team subscribers, with enterprise customers getting access next week. It replaces the previous...

artificial intelligence
AI Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
July 18, 2024

The artificial intelligence boom is reshaping the tech landscape, with industry leaders like TSMC, Microsoft, and Anthropic racing to meet soaring demand and capitalize on new opportunities. As TSMC doubles down on chip production for AI, Microsoft courts private equity with AI tools, and Anthropic...

artificial intelligence
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House panel has concluded. The House Financial Services Committee’s AI Working Group, established in January by Chairman Patrick McHenry, R-N.C., and...

artificial intelligence
European Commission Asking Competitors About Effects of Google-Samsung AI Deal
July 17, 2024

The European Commission is reportedly looking into whether Google’s generative artificial intelligence (AI) deal with Samsung keeps other companies’ chatbots off Samsung smartphones. The antitrust regulator is asking industry participants about the deal and could use what it learns to build a case against the...

artificial intelligence
Google’s AI Video Creator Aims to Streamline Production Time, Costs
July 17, 2024

Google’s new artificial intelligence (AI) video tool Vids, launched Monday (July 15) to select users, could dramatically reduce video production costs and time for businesses, potentially upending traditional content creation processes across industries. Vids, powered by Google’s Gemini AI, can produce videos up to 10...

artificial intelligence
Salesforce Debuts Autonomous AI Service Agent Einstein
July 17, 2024

Customer relationship management company Salesforce has debuted its first fully autonomous artificial intelligence (AI) agent. Einstein Service Agent, announced Wednesday (July 17), is designed to replace conventional chatbots by understanding and taking action on a broad range of service issues without preprogrammed scenarios and make...

artificial intelligence
Excel’s AI Makeover: Microsoft’s Billion-Dollar Bet on Smarter Spreadsheets
July 17, 2024

In the race to infuse artificial intelligence (AI) into every corner of the digital world, Microsoft has set its sights on conquering the final frontier of office productivity: the humble spreadsheet. The tech giant’s latest creation, SpreadsheetLLM, aims to change how businesses crunch numbers and...

artificial intelligence
LexisNexis Unveils AI Platform for Corporate Research
July 17, 2024

LexisNexis Legal & Professional launched its AI-powered research tool, Nexis+ AI, on Wednesday (July 17). The platform aims to transform how companies gather and analyze critical business information, leveraging generative artificial intelligence (AI) to sift through vast amounts of data at unprecedented speeds. The launch...