British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation in the sector. This inquiry could reshape the AI industry’s landscape. Some experts warned that...
Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Google has introduced a new AI model capable of producing accurate, large-scale weather forecasts at a lower cost than traditional methods. Experts say AI...
Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. These lightweight, efficient models can tackle content creation and data analysis without the hefty computational requirements and costs associated with their larger counterparts, experts say, making AI more accessible and cost-effective...
Microsoft has introduced its smallest artificial intelligence (AI) model, aimed at businesses with limited resources. The company’s Phi-3-mini can perform tasks like content creation for social media while using less data, Reuters reported Tuesday (April 23), while outperforming models twice its size. The report notes...
Verafin has added an artificial intelligence (AI) copilot to its suite of financial crime management solutions. The new Entity Research Copilot is being rolled out to the firm’s customer base of more than 2,500 financial institutions, the Nasdaq company said in a Monday (April 22) press release. “As financial...
Get ready for AI to make videos from just your picture. Microsoft Research recently unveiled VASA, a new AI framework demonstration capable of generating “hyper-realistic” talking faces from a single portrait and speech audio, possibly reducing the reliance on webcams. The new technology introduces a shift in...
Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these AI-driven insights from real-time data will help its customers use their own data to make better decisions across supply chains,...
Microsoft and Cognizant have partnered to expand the adoption of generative artificial intelligence (GenAI) solutions by enterprises. The companies aim to make Microsoft’s GenAI and Copilots available to millions of users, they said in a Monday (April 22) press release. Cognizant, a provider of digital...
Meta has unveiled the latest iterations of its open-source Llama artificial intelligence (AI) model, which is causing ripples through the AI community. As the AI arms race continues to heat up, industry experts are closely examining Meta’s Llama 3 model’s capabilities, comparing it to rival...
