AI & RoboticsNews

NYC begins enforcing new law targeting bias in AI hiring tools

New York City’s Automated Employment Decision Tool (AEDT) law, believed to be the first in the U.S. aimed at reducing bias in AI-driven recruitment and employment decisions, will now be enforced — after the law went into effect in January and final rules were adopted in April. Under the AEDT law, it will be unlawful for an employer or employment agency to use artificial intelligence and…
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AI & RoboticsNews

Celestial AI raises $100M to expand Photonic Fabric technology platform

Celestial AI, a developer of optical interconnect technology, has announced a successful series B funding round, raising $100 million for its Photonic Fabric technology platform. IAG Capital Partners, Koch Disruptive Technologies (KDT) and Temasek’s Xora Innovation fund led the investment. Other participants included Samsung Catalyst, Smart Global Holdings (SGH), Porsche Automobil Holding SE…
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AI & RoboticsNews

How new AI tools like ChatGPT can transform human productivity in the enterprise

Artificial intelligence (AI) has emerged as a revolutionary force, reshaping industries and unlocking unprecedented opportunities for business growth. In today’s fiercely competitive landscape, enterprise decision-makers must recognize and harness the power of AI to enhance human productivity and achieve sustainable success. By effectively using AI technologies, businesses can streamline…
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AI & RoboticsNews

Inside the race to build an ‘operating system’ for generative AI

Generative AI, the technology that can auto-generate anything from text, to images, to full application code, is reshaping the business world. It promises to unlock new sources of value and innovation, potentially adding $4.4 trillion to the global economy, according to a recent report by McKinsey.  But for many enterprises, the journey to harness generative AI is just beginning. They face…
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