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Chinese firms confident at World AI Conference despite US sanctions
Jul 05,2024
Chinese tech companies, from industry giants to ambitious startups, converged at the World AI Conference in Shanghai to showcase their latest innovations and express strong support for the country's AI sector despite US sanctions. Over 150 AI-related...
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Meet Build-A-Brain: Tailored AI for every industry
Jul 05,2024
A new platform, Build-A-Brain, aims to democratise access to generative AI, offering users control over data and AI engines unlike public tools. Founder Howard Jones emphasises its tailored AI products for businesses, harnessing proprietary data to e...
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Chinese premier calls for global AI cooperation
Jul 05,2024
Chinese Premier Li Qiang has called for global cooperation and a more open mindset in the field of AI amid growing competition between China and the United States. Speaking at the World AI Conference (WAIC) in Shanghai, Li emphasised the importance o...
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AI-powered rat model mimics real behaviour
Jul 05,2024
Google DeepMind and Harvard University researchers have developed a realistic virtual rat to study the neural circuits that control movement. The virtual rat's brain, made up of artificial neural networks, was trained using hours of neural recordings...
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EU faces major AI shortfall by 2030
Jul 04,2024
According to a European Commission report, the EU must catch up to its 2030 AI targets. The investigation into the EU's Digital Decade project revealed that only 11% of the EU enterprises currently use designated AI technologies, far short of the 75%...
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Google warns of generative AI dangers
Jul 03,2024
A recent research paper from Google reveals that generative AI already distorts socio-political reality and scientific consensus. The paper, titled 'Generative AI Misuse: A Taxonomy of Tactics and Insights from Real-World Data,' was co-authored by re...
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AI bot campaign faces setback in Wyoming
Jul 03,2024
In a unique twist on political campaigning, a Wyoming man named Victor Miller has entered the mayoral race in Cheyenne with an AI bot called 'VIC.' Miller, who works at a Laramie County library, sees VIC as a revolutionary tool for improving governme...
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EU watchdog sets AI guidelines for banks
May 30,2024
The European Securities and Markets Authority (ESMA) has issued its first statement on AI, emphasising that banks and investment firms in the EU must uphold boardroom responsibility and legal obligations to safeguard customers when using AI. ESMA's g...
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Klarna utilises GenAI to reduce annual marketing expenses by $10 million
May 28,2024
Fintech company Klarna has revealed that substantial cost savings have been achieved through the use of generative AI (GenAI) technology. Klarna, an early adopter of GenAI, employs AI for various purposes, including running marketing campaigns and ge...
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USA and EU jointly release guidance to safeguard human rights defenders online
Mar 11,2024
The USA and the European Union have jointly released guidance for online platforms, outlining ten global measures to prevent, mitigate, and address attacks on human rights defenders (HRDs) online. Recommended Actions for Online Platforms to Improve H...
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Delhi High Court recognizes Amazon Echo devices as convergence technology and grants customs duty exemptions
Dec 14,2023
The Delhi High Court recently concluded that Amazon's Echo devices, particularly the Echo Dot and Echo Show versions, go beyond their initial roles as simple speakers or monitors. They classified these gadgets as convergence devices eligible for part...
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Uber urges Hong Kong authorities to rethink fine increases
Nov 13,2023
Uber has urged the Hong Kong government to reconsider increasing fines for allegedly illegal ride-hailing services. The plea came after the Transport and Housing Bureau expressed it was preparing legislative amendments to increase the penalties for i...
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