• AI tools from Microsoft and Google are just streamlining middle management, leading AI expert says: WSJ

    Microsoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work.But one leading AI expert thinks otherwise.Ethan Mollick, a professor of management at the University of Pennsylvania's Wharton School of Business, has been tapped by the White House, JP Morgan, Google, and many others for his insights on artificial intelligence.In an interview with The Wall Street Journal, Mollick said Microsoft's Copilot and...

  • Microsoft's AI lead puts Amazon cloud dominance on watch

    Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in...

  • Google is set to invest over $100 billion in AI, DeepMind founder says

    According to Demis Hassabis, the child prodigy who founded DeepMind, Google is likely to invest more than $100 billion in AI technology and applications in the near future. DeepMind is a British-American research laboratory that has been working on AI since 2010. Google acquired the company in 2014.Read Entire Article

  • Google will outpace Microsoft in AI investment, DeepMind CEO says

    We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public. But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014 for a reported £400mn to £650mn. Speaking at the TED 40th...

  • Microsoft to invest $1.5 billion in G42, a leading AI firm in United Arab Emirates

    Microsoft said Tuesday that it will invest $1.5 billion in G42, a leading United Arab Emirates AI firm.

  • Leading AI Companies Promise to Protect Children From Dangers of AI

    Several major players in the artificial intelligence field pledged to protect children online, marking another chapter in the progression of AI safety. [Read More]

  • Exclusive: Interview with Derek Tam-Scott, OTS and Co Co-Founder

    I had the pleasure to interview a passionate and knowledgeable car enthusiast in the past days, someone with a rich background on the rare and obscure jewels in the car world: Derek Tam-Scott; he is OTS and Co. co-founder, who, by the side of Robert Eppley and Tazio Ottis reunites several decades worth of experience […]

  • AI investments: Alphabet, Microsoft earnings show hefty AI bets are driving growth

    Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...

  • Microsoft lightens up on AI with Phi-3 launch

    Microsoft continued to slim down AI language models, unveiling its third lightweight edition which it stated offers comparable performance to rival products while being suitable for use on mobile phones.

  • Educators are leading the way in AI and visual communication

    As visual communication becomes the norm in the workplace and artificial intelligence (AI) turns from a nice-to-have tool to a necessity and expectation, it’s clear that our classrooms need to adjust—and we all know that change isn’t easy. The encouraging news is that educators are up for the challenge. As they recognize the benefits of integrating visual communication and AI into education—enhancing student learning, improving teaching experiences, and reducing administrative burdens—there is...

  • Microsoft launches AI startup accelerator with Seedrs

    Microsoft has launched a UK AI startup accelerator in partnership with London-based private investing platform Seedrs. The Series AI programme aims to help participating startups build and integrate AI technology. The four-week accelerator, open to startups from Seed to Series A stage, will include mentorship, resource sharing and commercialisation support. “Over the last few years, […]

  • Cloud and AI give Microsoft a very strong Q3 result

    Microsoft’s quarterly sales and profit exceeded expectations, thanks to strong demand for the company’s cloud computing and artificial intelligence products. Just this week, Microsoft announced deals with Coca-Cola and Cognizant. Revenue for the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 per share. Analysts had expected earnings per […]