OpenAI considers in-house chip manufacturing amid global shortage

OpenAI, the company behind the renowned ChatGPT, is reportedly delving into the prospect of manufacturing processing chips in-house amidst a worldwide shortage of these in-demand components.

Sources familiar with the matter disclosed to Reuters that OpenAI is actively exploring options, including evaluating an undisclosed company for potential acquisition to bolster its AI chip-making ambitions.

The shortage of chips, a fundamental component in AI technology, has...

6 October 2023 | Companies

Supercharge your AI marketing strategy: Top 7 tools to automate and optimise

In today's fast-paced digital landscape, staying ahead of the competition requires more than just a traditional marketing plan. The emergence of artificial intelligence (AI) has revolutionised the way businesses approach their marketing efforts and AI technology is now a fundamental component of modern marketing, offering unparalleled insights, predictive analytics, and the ability to deliver personalised customer experiences.

How to create a digital marketing strategy with...

5 October 2023 | Applications

Open X-Embodiment dataset and RT-X model aim to revolutionise robotics

In a collaboration between 33 academic labs worldwide, a consortium of researchers has unveiled a revolutionary approach to robotics.

Traditionally, robots have excelled in specific tasks but struggled with versatility, requiring individual training for each unique job. However, this limitation might soon be a thing of the past.

Open X-Embodiment: The gateway to generalist robots

At the heart of this transformation lies the Open X-Embodiment dataset, a monumental...

4 October 2023 | Robotics

JPMorgan CEO: AI will be used for ‘every single process’

In a recent Bloomberg interview, JPMorgan CEO Jamie Dimon unveiled his AI-driven vision for the financial industry.

Dimon expressed his belief that AI has the potential to revolutionise every aspect of JPMorgan’s operations, from trading and hedging to research and error detection. He described AI as a "living, breathing thing," capable of transforming traditional processes and augmenting human...

3 October 2023 | Applications

How information retrieval is being revolutionised with RAG technology

In an era where digital data proliferates at an unprecedented pace, finding the right information amidst the digital deluge is akin to navigating a complex maze. Traditional enterprise search engines, while powerful, often inundate us with a barrage of results, making it challenging to discern the relevant from the irrelevant. However, amidst this vast expanse of digital information, a revolutionary technology has emerged, promising to transform the way we interact with data in the...

2 October 2023 | Applications

Cyber Security & Cloud Expo: The alarming potential of AI-powered cybercrime

In a packed session at Cyber Security & Cloud Expo Europe, Raviv Raz, Cloud Security Manager at ING, turned the spotlight away from traditional security threats and delved into the world of AI-powered cybercrime.

Raz shared insights from his extensive career, including his tenure as technical director for a web application firewall company. This role exposed him to the rise of the "Cyber Dragon" and Chinese cyberattacks, inspiring him to explore the offensive side of...

27 September 2023 | Artificial Intelligence

Amazon invests $4B in Anthropic to boost AI capabilities

amazon anthropic ai artificial intelligence aws chatbot claude 2 model

Amazon has announced an investment of up to $4 billion into Anthropic, an emerging AI startup renowned for its innovative Claude chatbot.

Anthropic was founded by siblings Dario and Daniela Amodei, who were previously associated with OpenAI. This latest investment signifies Amazon's strategic move to bolster its presence in the ever-intensifying AI arena.

“We are excited to use AWS’s Trainium chips to develop future foundation models,” said Dario Amodei, co-founder...

25 September 2023 | Amazon

UK deputy PM warns UN that AI regulation is falling behind advances

In a stark address to the UN, UK Deputy PM Oliver Dowden has sounded the alarm on the potentially destabilising impact of AI on the world order.

Dowden has urged governments to take immediate action to regulate AI development, warning that the rapid pace of advancement in AI technology could outstrip their ability to ensure its safe and responsible use.

Speaking at the UN General Assembly in New York, Dowden highlighted that the UK will host a global summit in November...

22 September 2023 | Artificial Intelligence

OpenAI reveals DALL-E 3 text-to-image model

OpenAI has announced DALL-E 3, the third iteration of its acclaimed text-to-image model. 

DALL-E 3 promises significant enhancements over its predecessors and introduces seamless integration with ChatGPT.

One of the standout features of DALL-E 3 is its ability to better understand and interpret user intentions when confronted with detailed and lengthy prompts:

"A middle-aged woman of Asian descent, her dark hair streaked with silver,...

21 September 2023 | Applications

IFOW: AI can have a positive impact on jobs

In a world where sensational headlines about AI and autonomous robots dominate the media landscape, a new report sheds light on a different narrative.

The research, funded by the Nuffield Foundation, explores the nuanced impacts of AI adoption on jobs and work quality. Contrary to the doomsday predictions, the report suggests that AI could have a positive influence on employment and job quality.

The study, conducted by the Institute for the Future of Work (IFOW),...

20 September 2023 | Artificial Intelligence