AI & RoboticsNews

Cloud spend skyrocketing? Meet the AI startup that’s slashing these costs in half

Miami, Fla-based Cast AI, a startup that taps machine learning (ML) to help enterprises bring their cloud spend under control, today announced it has raised $35 million in a series B round of funding. The investment, led by Vintage Investment Partners, will be used by the company to build out its AI offering and give enterprise teams a more capable solution to not only track their cloud spend but…
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AI & RoboticsNews

OpenAI CEO Sam Altman shrugs off Elon Musk in AI arms race

OpenAI founder and CEO Sam Altman dismissively addressed Elon Musk’s latest venture into the AI industry on Monday at OpenAI’s inaugural Dev Day during a press briefing. This comes in the wake of Musk’s strategic announcement of his new AI product, Grok, from his latest company, xAI. Altman brushed off the potential threat from Musk’s new company, stating, “Elon’s gonna Elon,” in…
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AI & RoboticsNews

Endpoint security getting a boost from AI and machine learning

Attackers are turning to generative AI to hunt for the easiest endpoints to breach, combining their attacks with social engineering to steal admin identities so they don’t have to hack into networks — they walk right in.  Endpoints overloaded with too many agents are just as unsecure as those that don’t have any. AI and machine learning (ML) are urgently needed in endpoint protection to…
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AI & RoboticsNews

Global leaders scramble to regulate the future of AI

There is no doubt that the pace of AI development has accelerated over the last year. Due to rapid advances in technology, the idea that AI could one day be smarter than people has moved from science fiction to plausible near-term reality. Geoffrey Hinton, a Turing Award winner, concluded in May that the time when AI could be smarter than people was not 50 to 60 years as he had initially thought…
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