In a recent collaboration, Nvidia, the leading chip company, and Foxconn, the electronics manufacturing firm, have announced their partnership to construct next-generation data centers. Dubbed ‘AI factories,’ these facilities are expected to bolster the development and deployment of artificial intelligence
Generative AI has garnered a lot of hype this year, but analysts see this fading in 2024 due to the high costs of running the technology coupled with regulation. An analyst firm predicts that such issues could point to a
In a recent move for the AI sector, the King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has joined forces with two prestigious Chinese institutions. Their collaborative product, an Arabic-focused AI system named AceGPT, is reportedly poised
The U.S. military-industrial complex is the most powerful fighting force in the world, and its legions are ready to conquer the metaverse too. Former F-22 pilot Dan Robinson reveals that the U.S. Air Force is using game-like training simulators to
OpenAI, the company behind ChatGPT, is reportedly taking steps to address the mounting challenge of the escalating scarcity and cost of artificial intelligence (AI) chips. Consequently, delving into custom AI chip creation might be on OpenAI’s horizon, a move that
Data centers are reportedly under pressure from a surge in demand for generative AI, forcing them to pile some costs on customers, according to a recent report. Although it has been gaining traction following the launch of ChatGPT to immediate
OpenSea volume during the second month of Q3 was the lowest it has recorded in the past two years, and the new low has reduced its standing in the ranks of the largest NFT marketplaces in the sector. OpenSea, a
Nvidia, the leading chipmaker, has reported a remarkable surge in sales for its second fiscal quarter, defying expectations and cementing its position as a dominant player in the AI industry. As per CNBC, the company’s sales grew by 171% to
A new study reveals that 40% of workers, around 1.4 billion individuals, need to re-skill within three years due to AI’s impact on job roles. The IBM Institute for Business Value study shows that adaptability and people skills are now
Stability AI has released Stable Diffusion XL (SDXL) 1.0, an open-source generative AI model that can convert text prompts into images. The model competes directly with the likes of Midjourney and Adobe Firefly. The London-based company claimed the new AI
Bitcoin software company Lightning Labs announced a range of new developer tools that allow AI models such as ChatGPT to hold, send and receive bitcoin (BTC). Transactions are processed via the Lightning Network, the payments layer built on the Bitcoin
Meta, the parent company of Facebook, unveiled two new tools for music and speech: MusicGen and Voicebox. The two new large language models use AI to create authentic-sounding music and speech from text prompts. Voicebox is a generative AI model
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