The financial services industry may serve as a proving ground for the regulation of artificial intelligence (AI), House Financial Services Committee Chairman Patrick McHenry, R-N.C., said Tuesday (July 23). McHenry said this in opening remarks delivered during the committee’s hearing on AI applications in financial...
After Amazon called for global alignment on responsible artificial intelligence (AI) measures, industry experts are weighing in on the potential implications for international commerce and tech regulation. The eCommerce giant’s statement, delivered by David Zapolsky, senior vice president of global public policy and general counsel,...
Travel companies are introducing a range of artificial intelligence (AI)-powered tools, signaling a change in how business trips are booked and managed. Altour, United Airlines, AMGiNE and Serko have all unveiled new AI technologies aimed at enhancing travel experiences, from personalized booking interfaces to real-time...
Mistral AI and Nvidia have introduced Mistral NeMo, an artificial intelligence (AI) model designed to bring advanced AI capabilities to standard desktop computers, widening access for large and small businesses. Mistral NeMo’s key feature is its ability to process up to 128,000 words simultaneously, handling...
July 05, 2024
Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations aims to tackle safety and adoption challenges in AI. As global AI regulations tighten, from Nvidia’s potential antitrust charges in France to California’s pioneering safety laws, the stakes have never been higher. Amid these shifts, tech giants are flagging AI risks in Securities and Exchange […]
July 04, 2024
The promise of artificial intelligence to generate images from simple text prompts has captured imaginations, with tools like DALL-E and Midjourney producing visuals. Yet, as users push the boundaries of...
July 02, 2024
Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank...
June 28, 2024
In Silicon Valley, a new kind of proofreader is hard at work. It doesn’t wield a red pen or squint at comma splices. Instead, this digital detective, born from the...
July 23, 2024
The financial services industry may serve as a proving ground for the regulation of artificial intelligence (AI), House Financial Services Committee Chairman Patrick McHenry, R-N.C., said Tuesday (July 23). McHenry said this in opening remarks delivered during the committee’s hearing on AI applications in financial services and housing. “The financial services industry — one of […]
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...
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...
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...
