Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.
London-based AI unicorn Stability has laid off about a tenth of its workforce as part of a “strategic plan to reduce” costs just weeks after the departure of its founder and CEO. The layoffs, affecting around 20 staff, were announced by Stability in a company-wide memo on Wednesday evening, first published by Business Insider. The […]
IBM CEO Arvind Krishna has forecasted a significant shift in the use of AI by enterprises, noting that the technology will drive tangible business results. This comes as the company's AI bookings surpass the $1 billion mark. read more
Discussions within the UK's AI Safety Institute are in progress, even without established regulatory frameworks.
Verizon CEO Hans Vestberg highlighted the transformative potential for employing AI and generative AI across the operator’s network and for personalisation of tariffs as he discussed the operator's performance during Q1.
An AI start-up linked to work on generative AI by AWS faced troubled times, with reports it was cutting staff a matter of weeks after its CEO departed.
Snoopy, a senior dog with health issues, had been living at the Benton Franklin Humane Society for 600 days. Despite his videos going viral, volunteers struggled to find the perfect fit for this lovable dog who needed to be an only pet. However, everything changed when a dedicated volunteer made it her mission to find Snoopy the perfect home. At the shelter, Snoopy was known for his friendly demeanor and love for everyone he met. One of his adorable quirks
Satisfaction with the AI overviews is increasing and Google will continue to evolve the experience this year, according to Sundar Pichai.
The head of Vietnam's parliament has resigned, according to state media, making him the latest senior member of government to leave office.
Sam Altman, CEO of OpenAI, addressed an audience of over one thousand people about his vision for the future of AI and its implications on society.
"Cabinet and caucus retain the full confidence in the work that he's doing, despite making a very poor choice with respect to the words that he used in a meeting."
Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its Research and DeepMind divisions in its latest push to develop its AI portfolio. Google will relocate its Responsible AI teams - which focuses on safe AI development - from Research to DeepMind so that they are closer to where AI models are built and scaled, the company said in a blog post. The move comes amid growing global concerns about AI safety and increasing...