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Oracle commits $1 billion to bolster AI and cloud services in Spain
Jun 21,2024
Oracle has announced it will be investing$1 billion over the next decade in AI and cloud computing in Spain to cater to the growing demand for its services in the country. This investment will be used to establish a new cloud region enabling cus...
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Google and University of Tokyo to launch AI initiative for regional solutions
Jun 21,2024
Google LLC and the University of Tokyo are teaming up to leverage generative AI to tackle local challenges in Japan, such as the nation's shrinking workforce. The initiative, featuring prominent AI researcher Professor Yutaka Matsuo, will be piloted ...
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Dell Technologies onboards Elon Musk's xAI supercomputer project
Jun 20,2024
In a post on his platform X, tech boss Elon Musk revealed his partnership with Dell Technologies and Super Micro Computer to provide server racks set to power Musk's AI startup, xAI. According to Dell CEO Michael Dell, the company is responsible for ...
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African ministers endorse AI strategy for digital growth
Jun 20,2024
African ICT and Communications Ministers have collectively endorsed the 'Continental Artificial Intelligence (AI) Strategy and African Digital Compact' to accelerate the continent's digital evolution by harnessing the potential of new digital technol...
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US internet subsidy program faces uncertain future amid political standoff
Jun 20,2024
The Verge reports that chances of renewing government internet subsidies are slim as Democrats and Republicans struggle to agree on funding. Both parties have proposed different bills to reauthorise the US Federal Communications Commission's spectrum...
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Anthropic unveils Claude 3.5 Sonnet AI model
Jun 20,2024
Anthropic, a startup backed by Google and Amazon, has introduced a new AI model named Claude 3.5 Sonnet alongside a revamped user interface to enhance productivity. The release comes just three months after the launch of its Claude 3 family of AI mod...
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New report analyses GenAI startups in Europe and Israel
Jun 20,2024
A report published by venture capital firm Accel shows the state of affairs of Europe and Israel's generative AI (GenAI). That type of AI is able to generate text, images, sounds, videos and other mediums based on datasets upon which it is trained.&n...
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Report highlights AI's potential to reduce emissions in the shipping industry
Jun 19,2024
A report published by startup Orca AI on Tuesday revealed AI's potential impact on the shipping industry. By automating certain tasks, it claims that AI can help reduce deviations on shipping routes and prevent collisions between ships, making the in...
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IMF calls for new fiscal policies to address AI's economic and environmental impacts
Jun 19,2024
The International Monetary Fund (IMF) has recommended fiscal policies for governments grappling with the economic impacts of AI, including taxes on excess profits and a levy to address AI-related carbon emissions. In a recent report, the IMF highligh...
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SewerAI utilises AI to detect sewer pipe issues
Jun 18,2024
Sewage failures exacerbated by climate change and ageing infrastructure are becoming increasingly costly and common across the United States. The Environmental Protection Agency estimates that nearly$700 billion is required over the next two decades ...
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Snapchat introduces advanced AI-powered AR features
Jun 18,2024
Snap Inc, the owner of Snapchat, has unveiled a new iteration of its generative AI technology, enabling users to apply more realistic special effects when using their phone cameras. That move aims to keep Snapchat ahead of its social media competitor...
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McDonald's halts AI ordering test in drive-thrus
Jun 18,2024
McDonald's has decided to discontinue the use of AI ordering technology that was being tested at over 100 drive-thru locations in the US. The company had collaborated with IBM to develop and test this AI-driven, voice-automated system. Despite this d...
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