In recent legal developments, U.S. prosecutors issued a letter to the presiding court of SBF’s trial. This letter prohibits the legal team of FTX’s former CEO, Sam Bankman-Fried, from highlighting the possible recovery of FTX client money invested in Anthropic.
Generative AI has emerged as an investment priority for CEOs despite the risks it poses, according to a recent KPMG study. Findings of the study reveal that CEOs continue to pour money into AI technology, which they believe will give
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Amazon is pushing its AI agenda and taking a stake in Anthropic with a planned $4 billion investment in the startup as businesses continue to turn to AI tools for investment opportunities. The e-commerce firm made the announcement on Sept.
Alibaba opened its AI model, Tongyi Qianwen, to the public after receiving approval from the Chinese government to market the ChatGPT competitor to a wider audience, according to a report by the South China Morning Post. In a post on
As generative AI continues to gain popularity, the technology’s water consumption is also skyrocketing. The technology, whose intake of energy is high, also consumes large volumes of water to cool off the generative AI servers. This is despite the fact
Meta Platforms is reportedly working on a new and more powerful large language model (LLM) that will exert competition in the generative AI industry. According to reports, the new model is expected to be more powerful than ChatGPT-4 from OpenAI.
Microsoft is taking advantage of the AI surge and implementing the technology at a level that resembles a sci-fi era. A patent recently filed by the tech giant in May and approved in August shows that Microsoft is working on
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
Two Middle Eastern powerhouses are vying for the AI crown. With its cutting-edge AI chips, Nvidia finds itself at the center of an escalating race between Saudi Arabia and the UAE. With global chip shortages and surging demand from major
Meta’s Twitter rival Threads crossed 100 million sign-ups within the first five days of its launch, surpassing OpenAI’s ChatGPT as the fastest-growing platform. It’s not all good news for Threads, however, as Elon Musk’s microblogging platform, Twitter, is considering legal
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