AI & RoboticsNews

Expert calls generative AI a ‘stochastic parrot’ that won’t surpass humans (anytime soon)

There is no shortage of hype around generative AI, but there is also reality. In a fireside chat session at today’s VentureBeat Transform 2023, Jeff Wong, global CIO at Ernst and Young, was joined by Usama Fayyad, executive director of the Institute for Experiential AI at Northeastern University, for an insightful conversation about the reality of generative AI today. “I’ve studied…
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AI & RoboticsNews

Binance commits $15M to Xterio to boost Web3 game platform with AI

Binance Labs, the venture capital and incubation arm of Binance, has committed $15 million to Xterio to boost its Web3 game platform with AI technologies. Xterio is an operating company and strategic partner for Binance. Xterio aims to bridge free-to-play games and blockchain gaming with in-house and third-party games currently in development. The investment from Binance Labs will help Xterio…
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AI & RoboticsNews

Futureverse launches AI League smart soccer game on iOS

Futureverse is launching its AI League “smart” soccer game on iOS today in partnership with the FIFA Women’s World Cup Australia & New Zealand 2023 tournament. New Zealand-based Futureverse previously launched its “smart football” game in an open beta on Android, which resulted in over 50,000 downloads in the first three months. Futureverse previously announced in December 2022 that…
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AI & RoboticsNews

Revolutionizing personalization: How generative AI propels growth with AI-driven customer insights

Over the past few years, generative AI has emerged as a transformative technology, its advanced algorithms revolutionizing industries by enhancing business processes, redefining human interactions and optimizing productivity. The technology enables the analysis and generation of natural language, fostering innovation and growth across diverse sectors. For businesses, generative AI offers…
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