(NewsNation) — McDonald’s is ending a test of artificial intelligence in drive-thru lanes, pulling the technology from the 100 stores where it was in use, according to reports. The company had partnered with IBM to test automated voice ordering in the drive-thru to see if it would help increase speed and simplify operations, Restaurant Business … Read more
It is the beginning of the artificial intelligence (AI) world and we are all living in it. The growing might of advanced AI technologies, with the advent of ChatGPT and many other language models, has touched the financial world in many ways than one had imagined. A recent paper published by three scholars from the … Read more
(NewsNation) — World leaders are turning to Pope Francis for advice on artificial intelligence. Pope Francis will join world leaders at the G7 summit in Italy this week to discuss the dangers and risks of AI. It’s the first time that a pope will be featured at a G7 summit as an invited participant, according to … Read more
(NewsNation) — For the third year in a row Apple is the world’s most valuable brand, surpassing $1 trillion in brand value for the first time, according to a new ranking by Kantar’s BrandZ. The Silicon Valley iPhone maker beat out fellow tech brands Google ($753 billion), Microsoft ($713 billion) and Amazon ($577 billion). Burger … Read more
ChatGPT developer OpenAI’s approach to building artificial intelligence came under fire this week from former employees who accuse the company of taking unnecessary risks with technology that could become harmful. Today OpenAI released a new research paper apparently aimed at showing it is serious about tackling AI risk by making its models more explainable. In … Read more
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies in the MSCI Emerging Markets Index done with their quarterly results, the earnings season is almost over. And the picture isn’t pretty — Almost half … Read more
US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to the Middle East, according to people familiar with the matter, while officials conduct a national security review of AI development in the region. It’s unclear how long the review will … Read more
Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker’s stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street’s biggest players. Last trading at $1,128, Nvidia’s market capitalization reached $2.8 trillion, compared to a market value of $2.9 trillion for Apple, … Read more
Elon Musk, CEO of Tesla, stated that artificial intelligence (AI) will eventually eliminate all jobs, but he believes this is not necessarily a bad development, reported CNN. Speaking at a startup and tech event in Paris on Thursday, Musk said, “Probably none of us will have a job,”. Elon Musk was speaking remotely via webcam … Read more
Sivaraman Ganesan, Head, AI cloud business unit, TCS, says the larger transform play is starting to get discussed but is yet to take off. Different industries like banking, financial services, insurance, retail for sure, life sciences, we see a lot of traction and adoption. And when it comes to certain horizontal cuts, the play in … Read more
