Seoul-based VTouch Inc launched a smart wearable ring called ‘Wizpr Ring’. The AI-powered device is an actual ring that you wear on your finger, pull towards your mouth and whisper into it. The Wizpr Ring (pronounced Wiz-per) works as a
Saudi Arabia plans a $40B AI investment, potentially becoming the industry’s largest investor, with talks of a partnership with a16z. According to reports, in recent weeks, representatives of Saudi Arabia’s Public Investment Fund (PIF) have talked about a possible collaboration
Microsoft has hired Inflection AI co-founder Mustafa Suleyman and several of his colleagues to head its consumer AI business as it makes strides into the AI market, and fend off competition. The newly hired executive is also Google DeepMind’s co-founder who
The EU Parliament passed the much-awaited AI Act last week, making it the first major jurisdiction in the world to introduce comprehensive rules for the sector, but compliance could prove tough for startup companies new to regulation. While aspects of
Nvidia has just unveiled higher performing superchips – Blackwell B200 Graphics processing units (GPUs), to power AI developments and match the fast evolving AI landscape. Made of 208 billion transistors, the Blackwell superchips will be four times faster and 25
The U.S. Securities and Exchange Commission settled charges with two investment advisers over “false and misleading” statements about their use of AI, or what it called ‘AI washing.’ Toronto-based Delphia Inc and Global Predictions Inc, a company based in San
Elon Musk’s AI startup, xAI has open- sourced its ChatGPT rival Grok, releasing its raw computer code, a week after the tech billionaire announced the plan to the public. This will allow developers and researchers to build on the model
Apple Inc. has acquired Canadian AI startup – DarwinAI, as the iPhone maker makes a push into generative AI, to bolster its capabilities ahead of its big AI announcement this year. The company has promised big announcements in AI, and
The competition between Google and Microsoft is highlighted by Microsoft telling EU antitrust inspectors that Google has a competitive edge in generative artificial intelligence because of its wealth of data and AI-optimized hardware. Google unit Microsoft has informed EU antitrust
One of the biggest risks with the increased use of AI chatbots like ChatGPT is the emergence of new threats to user data. But some companies are starting to build decentralized AI systems that they hope will make personal data
A global survey shows only 9% of businesses significantly use generative AI, citing data privacy and IT challenges as major adoption barriers. According to a recent survey, businesses’ adoption rate of generative AI has not kept up with the hype
The European Union has approved the AI Act, becoming the world’s first law to regulate the fast growing technology, after the EU Parliament on Wednesday voted in its favor. Three years later and 800 amendments, the Act will set guardrails
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