Gary Gensler urges companies to be cautious over rushing onboard the AI hype train and points out its risk for fraud and financial stability
News AI
Big Names Join President Biden’s ‘AI Safety Institute Consortium’
AI giants as well as many other businesses and organisations have join President Biden's AI Safety Institute Consortium
Google Rebrands Bard AI Chatbot As Gemini
Bard becomes Gemini, as Google rebrands chatbot and launches monthly subscription for access to more powerful AI system
AI In Your Pocket
As Mobile World Congress draws closer, how will AI impact the development of the smartphone? AI's transformative impact will be profound, from cutting-edge camera enhancements to predictive text suggestions.
Huawei ‘Faces Production Bottleneck’ Amidst AI, 5G Chip Success
Huawei prioritising production of AI chips as it sees twin success of 5G smartphones and Nvidia alternatives, in spite of US sanctions
Facebook Manipulated Media Policy ‘Incoherent’, Board Finds
Facebook Oversight Board finds policy on manipulated media 'incoherent' amidst concern over election misinformation
Labour Would Bring In Mandatory AI Safety Testing
Labour would make it 'statutory' for tech companies to carry out AI safety tests and share results with government, replacing voluntary deal
Lords: UK Risks Missing Out On AI ‘Goldrush’
House of Lords committee warns government's focus on AI safety could mean missing out on new tech 'golddrush'
Apple Lowers iPhone Forecast, As Tim Cook Touts ‘AI Announcement’
Modest increase in first quarter profit and revenues, as Apple lowers iPhone shipment forecast, amid China sales decline
Third Of European Businesses Have Adopted AI, Says AWS
AWS finds AI already adopted at sizeable number of European businesses, resulting in increased revenues, productivity
Microsoft Profit Rises 33 Percent Thanks To AI, Cloud
Strong AI adoption and cloud helps Microsoft deliver another strong quarterly performance, amid $3 trillion valuation
China Approves More AI Language Models As US Tightens Controls
Chinese regulators have approved more than 40 AI large language models over past six months, as US works to curb China AI sector
Microsoft Expects AI Revenue Growth As Shares Surge
Microsoft expected to see strong revenue growth amidst strong AI adoption, but Azure sees flat margins on infrastructure investment
NCSC Warns AI Already Being Used By Ransomware Hackers
Ransomware threat set to increase with the advent of artificial intelligence, warns the UK's cyber guardian
SAP To Restructure 8,000 Jobs, Amid Business AI Push
Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI”
Scam Robocalls Use AI To Disrupt New Hampshire Election
Scammers stage robocalls in voice of US President Joe Biden in effort to disrupt New Hampshire primary amidst concerns over AI misuse
OpenAI’s Altman Seeks Billions For AI Chip Manufacturing Venture
OpenAI chief executive Sam Altman reportedly in talks with investors in Middle East as he seeks billions to build network of AI chip plants
Start-Up Rabbit Grabs Attention With Handheld AI Gadget
Start-up Rabbit sells out of multiple pre-orders of R1 handheld AI assistant, with engaging design and low price tag
Silicon UK In Focus Podcast: The Value of AI
Discover the true value of AI and how it's revolutionising the way we live and work. Learn how to unlock the potential of artificial intelligence.
Meta Criticised Over ‘Irresponsible’ AI Plans
Meta chief Mark Zuckerberg talks up AI on par with human intelligence, promises to make 'widely available' to public
Samsung Embeds Google’s AI Tech In S24 Smartphones
Samsung unveils its portfolio of S24 smartphones, and reveals they will include Google's generative AI technology
Google CEO Warns Staff To Expect More Job Cuts – Report
Internal memo from CEO Sundar Pichai warns Google staff to brace for more job cuts, as the firm has to “make tough choices”
Elon Musk Seeks Larger Tesla Stake Ahead Of AI, Robotics Push
Tesla boss wants 25 percent controlling stake in EV giant, before growing firm to be AI and robotics leader
Consumer Tech in Business
As CES concludes, what technologies will have a business application this year? Will enterprises embrace these devices to drive efficiency, connectivity, and transformative experiences?
Microsoft Adds Copilot AI Subscriptions For Consumers, Small Business
Microsoft expands Copilot generative AI subscription access for consumers, smaller businesses as it integrates AI across product line
Chinese Groups ‘Buying Nvidia AI Chips’ In Spite Of Restrictions
Chinese military and research organisations continue to buy small batches of high-end Nvidia AI chips in spite of restrictions, report finds
Beijing Court Rules AI Artwork Can By Copyrighted
Beijing judge finds AI-generated artwork containing human intellectual input can be copyrighted in some cases, amidst explosion in AI tools
AI Challenges Notion That All Fingerprints Are Unique
Researchers find AI can match prints from different fingers of same person with high degree of accuracy, challenging core tenet of forensics
IMF: AI Could Impact 40 Percent Of Jobs Worldwide
Ahead of World Economic Forum in Davos IMF predicts 40 percent of jobs worldwide affected by AI, rising to 60 percent in advanced countries
Hewlett Packard Enterprise To Acquire Juniper Networks For $14 Billion
HPE to acquire Juniper Networks for $14 billion in cash, in a move to bolster its AI networking credentials