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London startup founded by former Snapchat employee secures $4m for AI in gaming
Jul 12,2024
London-based games startup Iconic AI has secured$4m (
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AWS unveils studio for rapid AI-driven app development
Jul 12,2024
Amazon Web Services (AWS) has announced AWS App Studio, a new generative AI service designed to enable financial institutions, fintech firms, and other organisations to create applications in minutes, a task that would typically take professional dev...
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Japan boosts AI sovereignty with ABCI 3.0 supercomputer
Jul 12,2024
Japan's National Institute of Advanced Industrial Science and Technology (AIST) is set to bolster its AI sovereignty with the launch of the AI Bridging Cloud Infrastructure 3.0 (ABCI 3.0) supercomputer. This state-of-the-art system, featuring thousan...
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UAE launches AI challenge with Mastercard
Jul 11,2024
The UAE's AI, Digital Economy and Remote Work Applications Office, alongside the Mastercard Centre for Advanced AI and Cyber Technology in Dubai and First Abu Dhabi Bank (FAB), have unveiled their inaugural 'AI Challenge'. Aligned with the UAE Strate...
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BNP Paribas enhances digital services with Mistral AI partnership
Jul 11,2024
BNP Paribas has signed a multi-year agreement with Mistral AI, granting the bank access to the French company's current and future AI models for its business lines. The partnership builds on their collaboration since September 2023, when BNP Paribas'...
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AI investment risks and uncertainties highlighted by Goldman Sachs
Jul 11,2024
Goldman Sachs has cast doubt on the economic viability of AI investments, despite substantial spending on AI infrastructure. The firm estimates around$1 trillion will be spent on AI-related infrastructure, including data centres, semiconductors, and ...
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AI driving transformation in financial services
Jul 10,2024
At YourStory's Tech Leaders' Conclave, Ankur Pal, Chief Data Scientist at Aplazo, discussed how AI is transforming the financial services industry. Aplazo aims to address financial inclusion, especially in developing countries with low credit card pe...
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Tech giants promote AI-powered PCs
Jul 09,2024
Tech giants like Microsoft and Qualcomm are aggressively promoting a new category of computers dubbed 'AI PCs,' which boast integrated AI capabilities. These machines feature dedicated processors designed to enhance AI functions such as personal assi...
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Researchers develop a method to improve reward models using LLMs for synthetic critiques
Jul 09,2024
Researchers from Cohere and the University of Oxford have introduced an innovative method to enhance reward models (RMs) in reinforcement learning from human feedback (RLHF) by leveraging large language models (LLMs) for synthetic critiques. The nove...
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IBM's GenAI center to advance AI technology in India
Jul 09,2024
IBM has launched its GenAI Innovation Center in Kochi, designed to help enterprises, startups, and partners explore and develop generative AI technology. The centre aims to accelerate AI innovation, increase productivity, and enhance generative AI ex...
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AI impact in music production: Nearly 25% of producers embrace innovation
Jul 08,2024
A recent survey by Tracklib reveals that 25% of music producers are now integrating AI into their creative processes, marking a significant adoption of technology within the industry. However, most producers exhibit resistance towards AI, citing conc...
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Microsoft details threat from new AI jailbreaking method
Jul 08,2024
Microsoft has warned about a new jailbreaking technique called Skeleton Key, which can prompt AI models to disclose harmful information by bypassing their behavioural guidelines. Detailed in a report published on 26 June, Microsoft explained that Ske...
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