CMA sets out principles for responsible AI development 

The Competition and Markets Authority (CMA) has set out its principles to ensure the responsible development and use of foundation models (FMs).

FMs are versatile AI systems with the potential to revolutionise various sectors, from information access to healthcare. The CMA's report, published today, outlines a set of guiding principles aimed at safeguarding consumer protection and fostering healthy competition within this burgeoning industry.

Foundation models – known...

Is Europe killing itself financially with the AI Act?

Europe is tinkering with legislation to regulate artificial intelligence. European regulators are delighted with this, but what does the world say about the AI Act?

Now the outlines for the AI Act are known, a debate is beginning to erupt around its possible implications. One camp believes regulations are needed to curb the risks of powerful AI technology, while the other is convinced that regulation will prove pernicious for the European economy. Is it out of the...

UK to pitch AI’s potential for international development at UN

The UK is pitching its vision for leveraging AI’s potential to accelerate development in the world's most impoverished nations during the UN General Assembly (UNGA).

The vision was set out by UK Foreign Secretary James Cleverly and calls upon international partners to collaborate and coordinate their efforts in harnessing AI for development in Africa and making progress towards the UN's Sustainable Development Goals.

As part of its efforts, the UK is launching the 'AI...

Stability AI unveils ‘Stable Audio’ model for controllable audio generation

Stability AI has introduced "Stable Audio," a latent diffusion model designed to revolutionise audio generation.

This breakthrough promises to be another leap forward for generative AI and combines text metadata, audio duration, and start time conditioning to offer unprecedented control over the content and length of generated audio—even enabling the creation of complete songs.

Audio diffusion models traditionally faced a significant limitation in generating audio of...

White House secures safety commitments from eight more AI companies

The Biden-Harris Administration has announced that it has secured a second round of voluntary safety commitments from eight prominent AI companies.

Representatives from Adobe, Cohere, IBM, Nvidia, Palantir, Salesforce, Scale AI, and Stability attended the White House for the announcement. These eight companies have pledged to play a pivotal role in promoting the development of safe, secure, and trustworthy AI.

The Biden-Harris Administration is actively working on an...

MLPerf Inference v3.1 introduces new LLM and recommendation benchmarks

The latest release of MLPerf Inference introduces new LLM and recommendation benchmarks, marking a leap forward in the realm of AI testing.

The v3.1 iteration of the benchmark suite has seen record participation, boasting over 13,500 performance results and delivering up to a 40 percent improvement in performance. 

What sets this achievement apart is the diverse pool of 26 different submitters and over 2,000 power results, demonstrating the broad spectrum of...

UK’s AI ecosystem to hit £2.4T by 2027, third in global race

Projections released by the newly launched Global AI Ecosystem open-source knowledge platform indicate that the UK's AI sector is set to skyrocket from £1.36 trillion ($1.7 trillion) to £2.4 trillion ($3 trillion) by 2027. The findings suggest the UK is set to remain Europe's AI leader and secure third place in the global AI race behind the US and China.

The Global AI Ecosystem platform is developed with support from AI Industry Analytics (AiiA) and Deep Knowledge Group....

GitLab: Developers view AI as ‘essential’ despite concerns

A survey by GitLab has shed light on the views of developers on the landscape of AI in software development.

The report, titled ‘The State of AI in Software Development,’ presents insights from over 1,000 global senior technology executives, developers, and security and operations professionals.

The report reveals a complex relationship between enthusiasm for AI adoption and concerns about data privacy, intellectual property, and security.

“Enterprises...

UK government outlines AI Safety Summit plans

The UK government has announced plans for the global AI Safety Summit on 1-2 November 2023.

The major event – set to be held at Bletchley Park, home of Alan Turing and other Allied codebreakers during the Second World War – aims to address the pressing challenges and opportunities presented by AI development on both national and international scales.

Secretary of State Michelle Donelan has officially launched the formal engagement process leading up to the summit....

Baidu deploys its ERNIE Bot generative AI to the public

Chinese tech giant Baidu has announced that its generative AI product ERNIE Bot is now open to the public through various app stores and its website.

ERNIE Bot can generate text, images, and videos based on natural language inputs. It is powered by ERNIE (Enhanced Representation through Knowledge Integration), a powerful deep learning model.

The first version of ERNIE was introduced and open-sourced in 2019 by researchers at Tsinghua University to demonstrate the natural...