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...Christoph Schweizer told the Financial Times that AI and generative AI were “a huge boost” to revenues in the past year as companies move from experimenting with the technology to “at-scale deployment”....
...Google is looking at options including adding certain AI-powered search features to its premium subscription services, which already offer access to its new Gemini AI assistant in Gmail and Docs, according...
...I got to know Tyler Cowen — perhaps America’s most original economist — nearly fifteen years ago when he published his viral monograph, The Great Stagnation....
...But making money from AI could prove to be easier said than done. Early reviews of the AI chatbots have been scathing. Inaccuracies are the main complaint....
...The moves are the biggest overhaul in Google parent Alphabet’s structure since the merger of its DeepMind and Google Brain AI units a year ago....
...China has been quick to apply AI to real-world uses, accounting for 61 per cent of global AI patents, compared with 21 per cent in the US....
...., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading...
...Currently, only SK Hynix, compatriot Samsung Electronics and America’s Micron are capable of providing HBM chips....
...Conspiracy theories are not the only spammy use cases emerging from the AI boom....
...Brett, who died in 2021, brought overlooked work on to the wider scene, mostly from Latin America and notably through London’s Signals gallery from the 1960s....
...Even before the generative AI boom, some major markets were struggling to keep up with demand....
...Enterprise software company SAP, meanwhile, unveiled a “company-wide transformation” in January that will include the axing of around 8,000 jobs as the company increases its focus on AI....
...Still, Bank of America analysts last week upgraded their rating on Apple stock....
...AI captures the hypegeist, but like any existing models relies on data inputs....
...“The chips that TSMC makes . . . underpin all AI. Tens of thousands of leading-edge chips are required to train a single frontier AI model [such as OpenAI’s GPT4],” Raimondo said....
...whose earnings are expected to decline — will drive the bulk of earnings growth across the S&P 500 when they report their fourth-quarter results over the next two weeks, according to analysts at Bank of America...
...the GPUs [graphics processing units] for themselves”, according to one AI founder....
...Thanks to a 50 per cent jump in demand for specialised AI equipment, overall server sales are set to grow at 23 per cent a year until the end of 2027, according to analysts at Bank of America....
...Apple’s decision to wind up its car project comes as it prepares to announce more details of its work in the fast-growing generative AI sector....
...“I would say for Tesla at least, some of the sheen was unearned in terms of AI . . . [and] Apple has been less clear about how it will monetise the data it has with AI.”...
...“Our tech analysts see the previous year’s excitement surrounding AI continuing in 2024,” said Nicole Inui, head of equity strategy for the Americas at HSBC....
...The AI beneficiaries offer either infrastructure or AI-enhanced services (and in Microsoft’s case, both). On the infrastructure side, AI will require powerful chips and enormous storage....
...Last year, groups including OpenAI, Google DeepMind and Meta agreed to open their generative AI models for review by Britain’s AI Safety Institute....
...TikTok and the AI that can be channelled through it are national and homeland security issues that meet these standards....
...break China’s fallen tech group (FT) SK Hynix banking on AI-driven memory demand to double market cap (Nikkei Asia) Huawei cuts North America PR staff as hopes for US breakthrough fade (Nikkei Asia) Inside...
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