AI
Portrait by robot artist sold for $1 million at auction
A portrait of World War II codebreaker Alan Turing, created by the humanoid robot artist Ai-Da, has been sold at an auction for $1,084,800 (£836,667). The artwork, titled 'AI God', was initially estimated to sell for between $120,000 and $180,000, but attracted 27 bids, far exceeding its projected value.
10 November 2024, 02:42 AM
Perplexity to near $9 bln valuation in new investment round: report
Perplexity AI, a California-based search startup, is close to raising $500 million in new funding, which would value the company at around $9 billion. The latest funding round will be led by venture capital firm Institutional Venture Partners (IVP), which also has a seat in the startup.
6 November 2024, 03:13 AM
Disney to form new business unit dedicated to AI: report
Disney is stepping up its AI efforts with the creation of the 'Office of Technology Enablement', a new business unit to drive tech integration across its film, TV, and theme park divisions, according to a Reuters report.
4 November 2024, 07:00 AM
Google Maps to get new AI-based features
Google has introduced a set of AI-powered updates to Google Maps, utilising its Gemini model to make location-based searches more responsive and contextually aware.
3 November 2024, 02:48 AM
AI features boosted time spent on Facebook by 8%: Zuckerberg
Improvements in AI-driven feeds and video recommendations have led to an 8% rise in time spent on Facebook and a 6% increase on Instagram this year, according to Meta CEO Mark Zuckerberg in the company's latest quarterly earnings report.
31 October 2024, 08:58 AM
RDJ will sue if future Marvel execs attempt to recreate Iron Man with AI
Robert Downey Jr famously brought the iconic Marvel character Iron Man to life from 2008 to 2019, a role that concluded with Tony Stark’s emotional on-screen farewell in “Avengers: Endgame”. However, Downey has a sharp stance on any future attempts to resurrect his portrayal through artificial intelligence (AI).
30 October 2024, 09:55 AM
OpenAI's custom AI chips set for 2026 production: report
OpenAI, the company behind ChatGPT, is moving forward with plans to develop its own AI chip, aiming for production by 2026, according to a recent report by Reuters.
30 October 2024, 07:58 AM
Painting by robot artist on auction for first time
Ai-Da, the world’s first humanoid robot artist, will soon make history as her portrait of Alan Turing, titled 'AI God', is set to be auctioned by the art auction house Sotheby’s in London.
30 October 2024, 07:36 AM
LinkedIn launches Hiring Assistant, AI recruitment agent
LinkedIn has recently launched Hiring Assistant, a new AI-driven tool designed to streamline recruitment processes by automating several routine tasks.
30 October 2024, 03:08 AM
OpenAI Chairman's AI startup receives $175 mln funding
Sierra, a Silicon Valley-based AI startup co-founded by Bret Taylor, former Salesforce co-CEO and current OpenAI Chairman of the Board, has secured $175 million in a new funding round, giving the startup a $4.5 billion valuation.
29 October 2024, 02:44 AM
Runway's Act-One, new AI animation generator
Runway, a US-based AI research company specialising in creative software, has launched Act-One, a tool for generating character animations based on simple video and voice inputs.
28 October 2024, 09:28 AM
Canva releases Dream Lab, new AI image generator
Canva has recently launched Dream Lab, an AI-driven image generation tool that provides users with advanced image generation options directly on the Canva platform on both the web and mobile versions.
27 October 2024, 02:30 AM
Google goes nuclear to power up AI
Google is making a shift toward nuclear energy to power its artificial intelligence (AI) data centres, signing a deal with nuclear tech startup Kairos Power to use small nuclear reactors.
16 October 2024, 10:48 AM
Southeast Asia emerges as global data centre hot spot as AI usage rises
With AI-supported innovations such as searches on ChatGPT now requiring at least four to five times more processing capacity compared with traditional internet searches, data centre demand is expected to grow at around 20 per cent a year for the next five to seven years, analysts at Maybank noted in an October report
15 October 2024, 07:33 AM
Apple's silicon revolution: From mobile to AI data centres
Apple is now positioning itself as a key player in the future of Artificial Intelligence (AI) and edge computing infrastructure, leveraging its custom silicon to drive the next generation of data centres. Let's take a look at the tech giant's journey in the realm of custom silicon chip.
10 October 2024, 09:35 AM
Nobel prizes for AI researchers raise concerns about prize categories
The recent awarding of Nobel Prizes in chemistry and physics to Google-affiliated AI pioneers has sparked controversy, raising questions about Big Tech’s growing influence in cutting-edge research and whether the Nobel Prize categories adequately reflect modern scientific breakthroughs, according to a recent report by Reuters.
10 October 2024, 08:41 AM
Analysts worry about AI's profitability: report
The rapid rise of artificial intelligence (AI), particularly in the realm of generative AI, is raising concerns about profitability and sustainability despite the overwhelming enthusiasm from investors and industry leaders, according to a recent report by AFP.
9 October 2024, 09:26 AM
Samsung apologises for delayed AI chip production
Samsung Electronics has issued an apology to its investors after revealing worse-than-expected revenue and profit forecasts, according to a recent report by Bloomberg News. The company acknowledged that it is struggling to maintain its technological competitiveness, especially in the fast-growing field of artificial intelligence (AI).
8 October 2024, 08:09 AM
Could AI win a Nobel Prize?
As artificial intelligence (AI) continues to revolutionise industries from banking to content creation, it has also begun to influence scientific research, raising the question: Could AI one day win a Nobel Prize? While this may seem far-fetched today, a recent report by AFP highlights how researchers and scientists are working to develop AI systems potentially worthy of such recognition in the future.
7 October 2024, 07:24 AM
AI's next feat will be its descent from the cloud
Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,
2 October 2024, 11:19 AM