Artificial Intelligence

Platform news: Artificial intelligence AI

Europe’s bid for AI standard faces long road, EU lawmakers say

Europe’s effort to set a standard for artificial intelligence will likely take more than a year, with the debate focusing on whether facial recognition should be banned and w...

Facebook is Meta

Meta says its new AI supercomputer will be world’s fastest

Facebook parent Meta Platforms Inc has said that its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when comple...

Platform Industry: Amazon corporate logo on a wall

Amazon to open fashion store where algorithms suggest what to try on

Amazon.com Inc’s recipe for the department store of the future includes algorithmic recommendations and what one corporate director called “a magic closet” in the...

Facial Recognition software

South Korea to test AI-powered facial recognition to track COVID-19 cases

South Korea will soon roll out a pilot project to use artificial intelligence, facial recognition and thousands of CCTV cameras to track the movement of people infected with the co...

Sberbank: Russia banking

Russia’s Sberbank, enhancing AI offering, unveils second supercomputer

A second supercomputer and AI upgrades form part of Sberbank’s enhanced offerings of digital services such as cloud computing and virtual assistant software, CTO David Rafalo...

Platform news: Artificial intelligence AI

AI can see through you: CEOs’ language under machine microscope

Chief Executives and others in senior management are increasingly coming under the microscope as some investors use artificial intelligence to learn and analyse their language patt...

Platform Industry: US and China Relations and Politics

China has won AI battle with US, Pentagon’s ex-software chief says

China has won the artificial intelligence battle with the US and is heading towards global dominance because of its technological advances, the Pentagon’s former software chi...

Platform News: Samsung Electronics retail store for smartphones and other hardware

Samsung to invest $206 billion by 2023 for post-pandemic growth

Samsung Group will invest 240 trillion won (approximately $206 billion) in the next three years to expand its footprint in biopharmaceuticals, artificial intelligence, semiconducto...

Platform News: Trackable AI

British AI start-up Tractable becomes unicorn with latest funding

Tractable has raised $60 million in a late-stage funding round led by investors Insight Partners and Georgian, which values the British artificial intelligence start-up at $1 billi...

Platform news: Artificial intelligence AI

Artificial intelligence start-up DataRobot seeks to raise $500 million

DataRobot is in advanced discussions to raise fresh capital of about $500 million in a funding round that could value the machine learning start-up at more than $7 billion, accordi...

AI optimised video chat

Skin in the game: Video chat apps tout ‘inclusive’ AI features

Video conferencing services have for years boasted that their technology is “intuitive” to use or “integrated” to function with other tools, but now vendors...

Platform Industry: US and China Relations and Politics

US Senate votes to open debate on China tech bill

The US Senate voted 86-11 Monday to open debate on a measure authorizing more than $110 billion for basic and advanced technology research over five years in the face of rising com...

SambaNova Systems

AI chip maker SambaNova raises $676 million, valued at over $5 billion

SambaNova Systems, a Silicon Valley start-up that makes semiconductors for artificial intelligence related computation work, has said it raised $676 million in a funding round led ...

Platform News: Software titan Microsoft building

Microsoft in talks to buy AI firm Nuance Communications for $16 billion

Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications for about $16 billion, according to a source familiar with th...

UK police force

UK’s cyber spies embrace the AI revolution

Cyber spies at Britain’s GCHQ say they have fully embraced artificial intelligence (AI) to uncover patterns in vast amounts of global data to counter hostile disinformation a...