AI & RoboticsNews

Microsoft emerges as ultimate winner in OpenAI power struggle, shares jump 1 percent 

November 21, 2023
In a masterful move exemplifying urgent and instinctive leadership, Microsoft CEO Satya Nadella, personally jumped into the chaos happening over the weekend at the leading generative AI company, OpenAI, and came out with as much as he possibly could have. Working for hours over the weekend, he negotiated a deal that brings Sam Altman, the ousted OpenAI CEO, over to head up a new subsidiary within…
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AI & RoboticsNews

AI community fractured over Israel-Hamas war

November 20, 2023
Nearly 200 AI leaders, researchers and data scientists have signed an open letter published last Tuesday by the ‘Responsible AI Community,’ which, in addition to condemning Israel’s “latest violence against the Palestinian people in Gaza and the West Bank,” says…
AI & RoboticsNews

Realtime generative AI art is here thanks to LCM-LoRA

November 18, 2023
Generative AI art has quickly emerged as one of the most interesting and popular applications of the new technology, with models such as Stable Diffusion and Midjourney claiming millions of users, not to mention OpenAI’s move to bundle its DALL-E 3 image generation model…
AI & RoboticsNews

How Microsoft is reducing its dependence on OpenAI

November 18, 2023
The partnership between Microsoft and OpenAI has proven to be mutually beneficial. Microsoft’s investment in OpenAI has propelled it to the forefront of AI innovation, expanding the market for its enterprise cloud and AI offerings.  In turn, OpenAI has leveraged Microsoft’s financial resources, computational power, and market reach to transform from a research lab into an AI company that…
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AI & RoboticsNews

Sam Altman fired as OpenAI CEO: the tech world reacts

November 18, 2023
On the heels of the abrupt announcement today from OpenAI that its board of directors had fired co-founder Sam Altman as CEO due to him allegedly being “not consistently candid in his communications with the board,” the tech world is reacting with a range of emotions to…
AI & RoboticsNews

Microsoft recommits to open source AI models, despite OpenAI investment

November 18, 2023
Microsoft unveiled a flurry of generative AI announcements at its annual Ignite 2023 conference in Seattle yesterday, but among the most important news is its recommitment to open source generative AI, even in the face of the success of its multi-billion-dollar partnership with closed-source gen AI leader OpenAI. The Redmond, Washington-headquartered company has emerged as a leader in gen AI…
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AI & RoboticsNews

The AI revolution: Shaping the future of investing

November 18, 2023
In the ever-evolving financial landscape, artificial intelligence (AI) has brought about a quiet revolution, fundamentally altering how investing is now approached. Integrating advanced natural language processing (NLP) and large language models (LLMs) has introduced a new…
AI & RoboticsNews

Meta’s new AI milestone: Emu Video and Emu Edit set to revolutionize text-to-video generation and image editing

November 17, 2023
Meta, the parent company of Facebook and Instagram, unveiled major strides in artificial intelligence (AI) content creation and editing tools today, announcing two major advancements: Emu Edit for image editing and Emu Video for video generation. The company developed both tools under its Expressive Media Universe (Emu) project, which was revealed back in September. Together, the new AI tools for…
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