DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon is a long-time bitcoin critic. The bank chief said in 2021 at peak crypto valuations that bitcoin was “worthless,” and he doubled down on that sentiment last … Read more
Amazon trailers are parked at an Amazon Air gateway at Miami International Airport in Miami, Florida, on Sept. 26, 2023. Joe Raedle | Getty Images Amazon is rolling out an artificial intelligence tool that can answer shoppers’ questions about a product, a spokesperson confirmed, as the company continues to experiment with generative AI. The new … Read more
Synopsys, a leader in software design for semiconductors, agreed to acquire simulation company Ansys for $35 billion, the companies announced Tuesday. In combining the companies, the stock and cash deal will make use of artificial intelligence and other advances to promote innovation across a variety of sectors, Synopsys Chief Executive Sassine Ghazi said in a … Read more
Sam Altman, CEO of OpenAI, during an interview at Bloomberg House on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Chris Ratliffe | Bloomberg | Getty Images OpenAI has quietly walked back a ban on the military use of ChatGPT and its other artificial intelligence tools. The shift … Read more
A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — For the last few years at the World Economic Forum cryptocurrency firms dominated the … Read more
Get ready to share your custom chatbot with the whole world. Well, at least with other ChatGPT Plus subscribers. OpenAI recently launched its GPT Store, after it delayed the project following the chaos of CEO Sam Altman’s firing and reinstatement late in 2023. While OpenAI’s GPT Store shares some similarities to smartphone app marketplaces, it … Read more
Photo: Mercedes-Benz As cars have become more technologically advanced, traditional auto shows have become less important. In their place, automakers are largely focusing on events like the Consumer Electronics Show, and this year was no different. Thankfully, people finally realized that non-fungible tokens are stupid, so this year, companies went all-in on a new trend — … Read more
Generative artificial intelligence (AI) models frequently produce false legal information, with so-called “hallucinations” occurring between 69 percent to 88 percent of the time, according to a recent study. Large language models (LLMs) — generative AI models, like ChatGPT, that are trained to understand and produce human language content — have previously been known to “hallucinate” … Read more
The House Financial Services Committee has formed a bipartisan working group focused on the impact of artificial intelligence (AI) on the financial services and housing industries, the top lawmakers on the panel announced Tuesday. The AI working group will “explore this technology’s potential, specifically its adoption in our financial system” and ways to use it … Read more
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