Artificial Intelligence

Artificial Intelligence
AI Explained: Transformer Models Decode Human Language
October 07, 2024

Transformer models are changing how businesses interact with customers, analyze markets and streamline operations by mastering the intricacies of human language. A transformer model is an artificial intelligence that processes and understands language. It works by breaking down text into smaller pieces and analyzing how...

Artificial Intelligence
AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
October 03, 2024

In a whirlwind of investment activity, artificial intelligence companies secured unprecedented funding. OpenAI led the pack at a $6.6 billion raise. Poolside secured $500 million in a Series B for AI-powered software development. HPC-AI Tech raised $50 million for video generation and infrastructure. The AI...

Artificial Intelligence
Scientists Develop AI They Say Defeats Widespread eCommerce Authentication Method
October 02, 2024

Artificial intelligence can now solve Google’s reCAPTCHAv2 with 100% accuracy, according to new research, possibly rendering a critical online security measure obsolete and forcing eCommerce platforms to rethink user authentication. Scientists at ETH Zurich developed the AI system, surpassing previous methods that solved only 68%...

Artificial Intelligence
Nvidia and Accenture Tie-up Promotes Corporate AI Adoption
October 02, 2024

Nvidia expanded its partnership with Accenture to help companies scale artificial intelligence adoption. The news comes as generative AI demand helped drive $3 billion in Accenture bookings in its latest fiscal year, according to a Wednesday (Oct. 2) press release. The expanded partnership includes the...

Artificial Intelligence
AI Software Tools Could Streamline and Personalize the Commerce Experience
October 01, 2024

The rise of artificial intelligence in software development is reshaping the commerce landscape, offering faster product launches and more personalized customer experiences. Qodo’s $40 million Series A funding round in September for its AI-powered code testing platform reflects growing investor confidence in AI’s ability to...

Artificial Intelligence
AI Explained: The Hidden Fuel Powering AI’s Language Revolution
September 30, 2024

In data centers worldwide, trillions of words sit ready to teach machines how to talk. This collection of text — known as a corpus in artificial intelligence — is behind the AI chatbots and assistants that have captured the public’s imagination. The scale of these...

Artificial Intelligence
AI Superintelligence: Big Hype or Personalization Superpower?
September 27, 2024

OpenAI CEO Sam Altman’s Monday (Sept. 23) prediction that the world could be “a few thousand days” away from creating artificial superintelligence is sparking discussions among industry experts about the technology’s effects on global commerce and society. Experts say if AI superintelligence is possible to...

Artificial Intelligence
The Week in AI: Chatbots Fuel Cybercrime; Google, Meta and OpenAI Announce Upgrades
September 27, 2024

Artificial intelligence is reshaping industries, from cybercriminals exploiting chatbots to Google supercharging Gemini for business breakthroughs. Meanwhile, Meta and Microsoft are using AI to transform eCommerce and energy, showing that the technology is becoming both a hacker’s tool and a corporate powerhouse, sparking new demands...

Artificial Intelligence
FCA Wary of AI in Insurance; Harmonic Aims for Mathematical Breakthrough
September 26, 2024

Artificial intelligence is transforming the financial sector, with regulators highlighting potential “uninsurable” risks while innovative applications emerge in small business money management and mathematical problem-solving. As the United Kingdom’s Financial Conduct Authority (FCA) urges caution, China’s MYbank uses AI to boost small business financial planning,...