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In a landmark development that underscores the ongoing fusion of artificial intelligence (AI) and the cryptocurrency sector, Microsoft has entered into a transformative alliance with CoreWeave, a notable ex-Ethereum miner. This partnership seeks to tap into untapped potential by leveraging the might of cloud computing infrastructure and pushing the limits of technological innovation. CoreWeave, one of the fastest-growing players in the industry, has swiftly broadened its expertise beyond Ethereum mining.
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Qualcomm Inc., the world’s largest smartphone processor manufacturer, is transitioning from a communications company to an “intelligent edge computing” firm, according to senior vice president Alex Katouzian. In his keynote speech at the Computex show in Taipei, Katouzian highlighted the significant market potential of mobile devices as the edge for accessing networks and services.
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Alibaba has begun introducing its own AI technology, Tongyi Tingwu, as Chinese tech giants strive to lead the country’s artificial intelligence (AI) race. Developed by U.S. company OpenAI, Tongyi Tingwu is an AI-powered assistant that utilizes ChatGPT-style technology to answer user queries. The viral success of ChatGPT has sparked immense interest in generative AI, the underlying technology behind the chatbot.
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Google has merged its DeepMind and Google Brain teams into a unified AI team. The newly formed Google DeepMind recently revealed how one of its visual language models (VLM), called Flamingo, is being utilized to generate descriptions for YouTube Shorts, aiming to improve their discoverability.
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Palantir Technologies Inc., a renowned builder of operating systems for modern enterprises, and C&A Modas S.A, one of the fashion industry’s largest retail chains, have announced the creation of an Integrated Management Flow system using the Palantir Foundry platform. This software aims to enhance C&A’s inventory management capabilities by providing alerts on restocking products in their portfolio of best-selling items, thereby optimizing the company’s supply chain.
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Nvidia Corp., the world’s most valuable chipmaker, experienced a significant surge in late trading as its sales forecast, fueled by booming demand for artificial intelligence (AI) processors, exceeded expectations. The company announced that sales in the three months ending in July are projected to reach approximately $11 billion, far surpassing the average analyst estimate of $7.18 billion. This news caused Nvidia’s shares to soar by as much as 29%, putting them on track to reach a record high.
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This week, while OpenAI made headlines, Microsoft also made significant strides in the AI space by introducing a range of AI updates to its suite of mobile apps, intensifying the competition with Google and other players in the market.
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OpenAI and Apple have joined forces to introduce the first-ever ChatGPT app for iOS. The app, called “ChatGPT for iOS: OpenAI’s Latest Advancements at Your Fingertips,” is now available for download on the App Store. It is a free app without any advertisements and can be accessed by users in the US who are 12 years or older.
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Meta, the parent company of Facebook, Instagram, and WhatsApp, has made a surprising move in the field of artificial intelligence (AI) by publicly releasing its A.I. technology. The company’s chatbot technology, called LLaMA, has been made available as open-source software, allowing anyone to freely access, modify, and utilize the underlying computer code to build their own chatbots. Meta’s decision stands in contrast to the increasing secrecy adopted by rivals Google and OpenAI, who are concerned about the potential misuse of A.I. tools. The release of LLaMA has raised debates about the risks and benefits of an open-source approach to A.I.
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Midjourney, an AI image generator, recently announced the beta application of its official Chinese version through a notice on Tencent’s WeChat platform. The company invited Chinese creators to participate in the beta testing, signaling its expansion into the Chinese market.
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Palantir, the data services company co-founded by Peter Thiel and led by CEO Alex Karp, is gaining momentum with its focus on artificial intelligence (AI). The company’s recent announcement of its AI-focused service platform has garnered significant attention and positive market response. With better-than-expected Q1 results and growing excitement about Palantir’s AI opportunities, investors are showing increasing interest, resulting in a 24% surge in Palantir stock. But is this just the beginning of a larger upward trend?
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Amazon is harnessing the power of artificial intelligence (AI) and robotics to optimize its delivery operations, with a focus on minimizing the distance between products and customers. Stefano Perego, Vice President of Customer Fulfilment and Global Ops Services for North America and Europe at Amazon, shared insights into the company’s AI-driven logistics strategies.
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OpenAI is taking its AI model, ChatGPT Plus, to new heights with the introduction of web browsing capabilities and a range of plugins. These exciting updates aim to enhance user experience and expand the potential applications of ChatGPT Plus, revolutionizing the way we interact with artificial intelligence in communication and web interactions.
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The AI landscape is witnessing a fierce battle between Google’s latest chatbot, Bard, and OpenAI’s renowned ChatGPT. With recent updates and improvements, Bard is challenging the dominance of ChatGPT, sparking a rivalry that could reshape the AI industry.
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Google I/O Keynote day witnessed a rapid-fire series of announcements from the search and internet advertising giant during its developer conference. TechCrunch covered the event, delivering quick hits of the biggest news as they unfolded. Here’s a summary of the noteworthy highlights from the keynote:
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Spotify has taken down tens of thousands of AI-generated songs from Boomy, a music startup that enables users to generate original tracks by selecting different genres or descriptors of music. The move is in response to complaints about oversaturation and fraud on other streaming services.
Boomy’s business model involves users generating AI songs, which can then be uploaded to various streaming platforms, including Spotify, where royalties are paid for each listen. The California-based company claims that its users have generated over 14 million songs since it was launched two years ago.
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Meta, formerly known as Facebook, has launched an open-source AI model named ImageBind, which combines six different types of data, including thermal, visual, text, audio, depth, and movement. While this research project has no practical applications for consumers yet, it demonstrates Meta’s interest in the future of generative AI systems, which can create immersive, multisensory experiences. The concept of this research is to link various data types into a multidimensional index, or embedding space, which underpins the recent boom in generative AI.
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IBM has announced its new WatsonX AI platform, which is designed to enable enterprises to create and integrate AI solutions. This all-in-one toolkit comprises three powerful components: the watsonx.ai studio for new foundation models, generative AI, and machine learning; the watsonx.data fit-for-purpose store for the flexibility of a data lake and the performance of a data warehouse; plus the watsonx.governance toolkit to enable AI workflows that are built with responsibility, transparency, and explainability.
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Warren Buffett, the legendary investor, compared artificial intelligence (AI) to the atomic bomb, saying that the technology has the ability to change everything except for how men think and behave. During Berkshire Hathaway’s annual meeting, Buffett admitted that while AI can do amazing things, he is concerned about its power, comparing it to nuclear weapons.
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Google plans to pivot its search engine towards a “visual, snackable, personal, and human” approach aimed at attracting younger users, according to the Wall Street Journal. The shift away from the “10 blue links” format will include adding more human voices to search results, the report said. The company is expected to announce the new features at its annual Input/Output (I/O) developer conference in the coming week, which will enable users to engage in conversations with an AI program. The project, codenamed “Magi,” aims to provide an enhanced and personalized search experience.
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