UBS is leading AI integration in banking with initiatives like instant credit for small businesses, pushing the banking sector to embrace AI's transformative potential to keep up.
Tags: AI
Ray Kurzweil Hopes to Reach 'Singularity' by Merging with AI
Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.
China Leads the Generative AI Patents Race, Far Surpassing the US: UN Report
China filed six times more patents for artificial intelligence (AI) technologies than United States-based inventors, according to a UN report.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Brazil Orders Meta to Cease Using Personal Data for AI Training
Meta cannot use Brazilian personal data to build its AI models, according to the country's data protection authorities.
Latest News
China's UN envoy criticized the United States' recent draft rules targeting investments in artificial intelligence and other tech sectors in China.
Head of Microsoft AI, Mustafa Suleyman, sparked controversy by suggesting all publicly available online content should be treated as "freeware" for training AI.
Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.3 billion. Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.
Amazon said it was reviewing claims that Perplexity AI was scraping content without any approval, including content from prominent news sites.
The Hollywood film and television crew union has reached a tentative three-year agreement with top studios.
The Dataset Providers Alliance (DPA), formed on June 26, includes leading providers of AI training datasets to promote ethical data practices and protect intellectual property rights.
Chinese AI companies are aggressively pursuing users of OpenAI, following reports of the US's impending restrictions on its API access in China.
China's ByteDance is reportedly collaborating with US chip designer Broadcom to develop an advanced AI processor.
Several AI companies are reportedly bypassing a web standard that prevents content scraping, according to a letter from content licensing startup, TollBit.
