Bank of England to review AI risks to British financial system
The Bank of England warned that the widespread adoption of artificial intelligence could introduce systemic risk to the financial system and said it would review how to address the threat in 2024. While the British central bank said AI and machine learning could bring significant benefits to UK financial services, it stressed that regulation must […]
Meta Platform, IBM form industrywide AI alliance to share technology
By Alex Barinka Meta Platform Inc. and International Business Machines Corp. are joining forces with more than 40 companies and organizations to form an industry group dedicated to open source artificial intelligence work, with the goal of sharing technology and reducing risk. The alliance, called AI Alliance, will focus on responsible development of AI […]
Heliogen unveils significant milestone in concentrating solar technology with successful demonstration of advanced control software at Sandia Labs
Third-party testing validates the software’s role in increasing solar plant efficiency and interoperability, opening up licensing opportunities Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrated solar energy technology, has demonstrated the effectiveness of its proprietary control system at Sandia National Laboratories’ National Solar Thermal Test Facility (NSTTF). The project, funded by the […]
SenseAI Ventures launches Rs 200 crore fund to support AI startups
SenseAI Ventures has launched its first venture capital fund to invest in companies that boost India’s artificial intelligence ecosystem. The fund, called SenseAI Fund I, has a corpus of Rs 200 crore. The venture capital firm said the fund launch builds on SenseAI’s history, which includes four notable exits that demonstrate its foresight in the […]
Proliferation of AI-driven Attacks Anticipated in 2024
Trend Micro urges industry-led regulation and innovative defense strategies DALLAS, Dec. 5, 2023 /PRNewswire/ — Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today warned of the transformative role of generative AI (GenAI) in the cyber threat landscape and a coming tsunami of sophisticated social engineering tactics and identity theft powered GenAI tools. […]
Sanofi turns to Acemia AI for help with drug development
French pharmaceutical technology company achemia Reaches multi-year research collaboration agreement worth up to $140 million with industry giant Sanofi SAAccording to a statement. As part of the multi-year agreement, Acmea will design innovative drug molecules using its generative AI and deep physics algorithms and platforms, the statement said. Unlike other AI-powered platform technologies that require […]
Technology emerges as macroeconomic management tool for 2024
Looking into the crystal ball of 2024, CFOs expect economic uncertainty in 2024 due to continued high interest rates and inflation. Although these factors are beyond their control, they should still focus on controlling what they can. And the right technology can provide that element of control by providing them with connectivity and helping them […]
Meta, IBM form industrywide AI alliance to share technology
Meta Platform Inc. And International Business Machines Corporation More than 40 companies and organizations are joining forces to create an industry group dedicated to open source artificial intelligence work, with the goal of sharing technology and reducing risk. The alliance, called AI Alliance, will focus on responsible development of AI technology, including safety and security […]
Meta, IBM form industrywide AI alliance to share technology
Meta Platform Inc. And International Business Machines Corporation More than 40 companies and organizations are joining forces to create an industry group dedicated to open source artificial intelligence work, with the goal of sharing technology and reducing risk. The alliance, called AI Alliance, will focus on responsible development of AI technology, including safety and security […]
Study says free ChatGPT may give wrong answers to drug questions
Harun Ozalp | Anadolu | getty images free version of chatgpt Incorrect or incomplete responses to medication-related questions – or no answers at all, which could potentially put patients who want to use it at risk OpenAI’s Viral ChatbotA new study released Tuesday shows. at the pharmacist Long Island University who asked him 39 questions […]