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Artificial intelligence
ReutersIsrael to build supercomputer to keep pace in global AI race
Israel next month will launch a tender to establish the country's first supercomputer to ensure the country remains a global leader in artificial intelligence (AI) technologies, the chief executive of the state-backed Israel Innovation Authority said on Wednesday. Speaking at an AI conference, Dror Bin said that while AI has been a friend for Israel's tech sector, it could turn into a foe without action given AI is a fast evolving technology. Tech accounts for 20% of Israel's economic output and the country is widely regarded as one of the largest tech centres in the world.
BloombergMicron’s 65% Surge Puts Lofty AI Expectations Front And Center
(Bloomberg) -- Micron Technology Inc.’s more than $62 billion artificial intelligence-driven rally is about to face a test of whether it has jumped too far, too fast. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorTrump Could Actually Lose Florida. Here’s Why.Volkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureNvidia Rout Takes Breather as Traders Scour Charts for SupportA $100 Billion Bet on China’s Economy Sours as Warehous
EngadgetAmazon is reportedly working on a new AI chatbot
Amazon is reportedly working on a new AI chatbot called Metis.
ZacksIs Market Broadening an Illusion? AI-Driven ETFs Doing the Trick
The AI frenzy emphasized the significance of the extensive opportunities within the AI ecosystem. As a result, investors are leaving no stone unturned to tap the AI ecosystem in every form.
FortuneThe former CFO of Salesforce—a 40-year finance veteran—on how to sell a corporate board on AI
Mark Hawkins discusses making a business case for AI investment.
FortuneThe knowledge economy is being eroded by AI. Welcome to the ‘relationship economy’, LinkedIn’s chief economist says
Karin Kimbrough emphasized that while knowledge remains crucial, the growing importance of relationships is undeniable.
ReutersAI dataset licensing companies form trade group
Seven content-licensing sellers of music, image, video and other datasets for use in training artificial intelligence systems have formed the sector's first trade group, they said on Wednesday. The Dataset Providers Alliance (DPA) will advocate for "ethical data sourcing" in the training of AI systems, including rights for people depicted in datasets and the protection of content owners' intellectual property rights, the companies said in a statement. Founding members include U.S. music dataset company Rightsify, image licensing service vAIsual, Japanese stock photo provider Pixta and Germany-based data marketplace Datarade.
Yahoo FinanceCorporate IT spending isn't reflecting the AI boom: Morning Brief
AI is powering the S&P 500, but it's mostly companies taking an "if you build it they will come" approach. So far, most companies aren't actually paying for AI services.
FortuneEnergy giant Saudi Aramco is betting on AI to thrive after the ‘peak oil’ era
The world's biggest oil and gas company is sinking its profits into LLMs to make drilling more efficient—and to prepare itself for a future after peak oil.
BloombergAdvantest CEO Expects AI to Change Chipmaking as Shares Leap
(Bloomberg) -- Advantest Corp. stands to benefit as a boom in AI development makes chips more complex in coming years, boosting demand for the semiconductor testing equipment it supplies, the company’s chief said.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorTrump Could Actually Lose Florida. Here’s Why.Volkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureNvidia Rout Takes Breather as Traders Scour Charts for SupportA $100 Bi