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…
A recent study conducted by IT solutions integrator Insight Enterprises and research company The Harris Poll has shed light on the increasing adoption of generative AI amongst businesses while also uncovering concerns about its implementation.
The study indicates that…
While there are some big names in the technology world that are worried about a potential existential threat posed by artificial intelligence (AI), Matt Wood, VP of product at AWS, is not one of them.
Wood has long been a standard bearer for machine learning (ML) at AWS and…
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…
Valve has expressed hesitation about allowing games with AI assets onto the Steam store. Several game developers recently came forward saying their games were rejected by Valve for this reason, and today Valve released a statement expressing reservations about allowing such…
Although the release of ChatGPT brought with it a lot of chatter about generative AI’s revolutionary impact on technology, there’s been an equal focus on some of the technology’s shortcomings. Indeed, there have been some heated debates about generative AI’s…
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…
The power of artificial intelligence (AI) is revolutionizing our lives and work in unprecedented ways. Now, city streets can be illuminated by smart street lights, healthcare systems can use AI to diagnose and treat patients with speed and accuracy, financial institutions…
New products like ChatGPT have captivated the public, but what will the actual money-making applications be? Will they offer sporadic business success stories lost in a sea of noise, or are we at the start of a true paradigm shift? What will it take to develop AI systems…
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…