artificial intelligence

artificial intelligence
OpenAI Founding Member Karpathy Launches AI Education Venture
July 17, 2024

One of OpenAI’s founding members says he is launching an “AI native” school. Andrej Karpathy, who had been a key researcher for the company until February, announced Wednesday (July 17) his plans to launch Eureka, a venture that melds education and artificial intelligence (AI). “Unfortunately,...

artificial intelligence
Anthropic and Menlo Ventures Launch $100 Million AI Startup Fund
July 17, 2024

Anthropic and Menlo Ventures have launched a $100 million fund for artificial intelligence (AI) startups. “We created this fund to fuel the next generation of AI startups through the powerful combination of Menlo’s extensive company-building experience and Anthropic’s pioneering AI technology and deep research expertise,”...

artificial intelligence
Global Regulators Race to Tame the Wild West of AI
July 17, 2024

From Washington to Brussels, policymakers are scrambling to rein in artificial intelligence’s (AI) rapid advance. As the Federal Communications Commission (FCC) targets AI-powered robocalls and the EU’s landmark AI Act looms, experts warn that smart regulation is crucial to harness AI’s potential while guarding against...

artificial intelligence
OpenAI’s Push for Human-Level AI Is Underway 
July 16, 2024

Reports of OpenAI’s leap toward human-level artificial intelligence (AI) have set the business world abuzz with visions of AI-powered commerce that could rewrite global trade rules — if the tech lives up to the hype. Artificial general intelligence (AGI) represents a hypothetical leap beyond current...

artificial intelligence
San Francisco Compute Co. to Build Computing Power Trading Platform
July 16, 2024

San Francisco Compute Co. has reportedly raised $12 million in an early funding round to launch a trading platform for computing power. With the platform, the company aims to help companies working with artificial intelligence (AI) meet the challenge of getting access to the semiconductors...

artificial intelligence
AI Lays Foundation for Construction’s Financial Transformation
July 16, 2024

In the world of construction, where hammers meet spreadsheets, a new tool is emerging from the digital realm: artificial intelligence (AI). As builders grapple with razor-thin margins and complex cash flows, AI offers to reshape the industry’s financial landscape, one algorithm at a time. This...

artificial intelligence
China’s AI Surge Could Impact the Global Business Landscape, Experts Say
July 15, 2024

Chinese companies are racing ahead in adopting generative artificial intelligence (AI), a technological leap that experts say could upend global commerce and give China a critical edge. This significant lead, coupled with China’s dominance in AI patent filings and strong government support, could reshape global...

artificial intelligence
AI Gets Positive Prognosis for Health Insurance Industry
July 15, 2024

Artificial intelligence (AI) is set to change the health insurance industry, potentially slashing costs and boosting revenues for payers grappling with economic pressures. As insurers face rising medical service utilization and provider costs and tightening Medicare Advantage reimbursements, AI and automation technologies offer a possible...

artificial intelligence
AI Explained: Data Scarcity and How It Impacts Innovation
July 15, 2024

As artificial intelligence (AI) powers a growing array of technologies, from chatbots to self-driving cars, a bottleneck has emerged: a shortage of high-quality data to train these sophisticated systems. Data scarcity, as it’s known in the industry, threatens to slow the rapid pace of AI...