News
UN accused of AI 'power grab' and 'bureaucratic empire building'
Can the UN make space for globally inclusive AI regulation?
LLMs
AI-generated data causes LLM model collapse: Researchers
"Indiscriminately learning from data produced by other models causes... a degenerative process whereby, over time, models forget the true underlying data distribution."
earnings
Coca-Cola reveals formula for 'AI-powered' growth
"We're just scratching the surface of what's possible, and we're taking steps to seize opportunities down the road..."
AI
Has Elon Musk's xAI broken a supercomputer deployment record?
"We were able to install and bring online a massive new training centre in nineteen days. That's the fastest by far that anyone's been able to do that."
American Express
American Express to spend $6 billion on marketing in 2024, as AI, AP data give confidence
The company is using "AI to enhance the effectiveness of our sales and marketing engine
News
Samsung acquires knowledge graph startup Oxford Semantics
The acquisition "will further boost Samsung’s strong capabilities in knowledge engineering.”
Banking
Bank of America plans $4 billion "technology initiatives" spend
"AI has moved from cost-savings ideas to enhancing the quality of our customer interactions" says CEO.
News
Kings Speech: Monarch heads to House of Lords to fire starting gun on Labour’s tech policy
More green power, more datacentres, more AI…and less online abuse please
Wells Fargo
"We'll move slowly": Wells Fargo CEO reveals bank's cautious approach to Generative AI
"There is traditional AI - and then there is GenAI..."
AI
EU AI Act enters into law: Businesses face "potentially lethal" compliance risks, expert warns
"Astronomical fines, sweeping scope, and unclear definitions. The scariest thing about AI is now, unequivocally, AI regulation itself."
AI
Block bots in one click: Cloudflare 'easy button' fends off crawlers and scrapers
Growing numbers of businesses and consumers are no longer willing to let AI feast on their content, so are looking for a way of keeping the bots at bay
Salesforce
‘On-device agentic AI is here!’ Salesforce makes big claims about its ‘Tiny Giant’ LLM
Marc Benioff, CEO, shares his excitement about an LLM he claims is the world’s top-performing “micro-model” for function-calling