ARTIFICIAL INTELLIGENCE

Bjorn Ulvaeus, a member of Swedish disco group ABBA, signed a statement warning about the unlicensed use of artificial intelligence

ABBA's Bjorn Among 11,000 Artists Issuing AI Warning

Thousands of artists including ABBA singer Bjorn Ulvaeus, Hollywood actress Julianne Moore and Nobel laureate Kazuo Ishiguro have signed a statement warning about the unlicensed use of artificial intelligence.
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Janet Yellen

US Treasury Taps Machine Learning AI To Recover $4 Billion In Fraud

The Treasury Department's recovery this fiscal year, a significant jump from the $652.7 million recovered in FY23, is driven by the Office of Payment Integrity (OPI) within the Bureau of the Fiscal Service strengthening its fraud prevention efforts.
OpenAI CEO Sam Altman hailed the models as "a new paradigm: AI that can do general-purpose complex reasoning"

OpenAI Secures $6.6 Billion In New Funding At $157 Billion Valuation

OpenAI did not name the investors, but reports said that the funding round was led by New York-based venture capital firm Thrive Capital, including the company's biggest backer Microsoft and new participants, chipmaker Nvidia and SoftBank, among others.
Meta, which owns Facebook, WhatsApp and Instagram, recently halted plans to harvest data from European users to train its AI models after pressure from privacy regulators

Meta And Spotify Blast EU Decisions On AI

A group of companies including Meta and Spotify blasted the European Union Thursday for its "fragmented and inconsistent" decision-making on data privacy and artificial intelligence (AI).
Google has been racing against Microsoft, OpenAI and others to lead in AI

Google Launches New Pixel 9 Phones As AI Race Heats Up

Google on Tuesday unveiled new Pixel 9 smartphones, its latest salvo in the scramble by Big Tech to corner the market on nascent artificial intelligence. The Silicon Valley search giant has been racing against Microsoft, OpenAI and others to lead in AI since the 2022 release of ChatGPT ignited intense interest in the technology.
While Amazon's AWS cloud computing unit is investing in an AI-infused future, the tech titan is still under pressure to rake in money from online retail and ads

AI And Cloud In Spotlight As Big Tech Earnings Roll Out

US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them. Apple and Amazon on Thursday were the latest titans to see quarterly earnings scrutinized over how their core businesses are doing and whether cloud and AI strategies are paying off.

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