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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AI & RoboticsNews

Do we have enough GPUs to manifest AI’s potential?

In 2023, few technologies have garnered as much attention, speculation and promise as AI. We are undoubtedly in the midst of an unprecedented AI hype cycle.  In some ways, the moment is akin to a modern-day gold rush as innovators, investors and entrepreneurs clamor to capitalize on the technology’s promise and potential.  Like California’s 19th-century gold rush, today’s frenzy has…
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AI & RoboticsNews

Forget ChatGPT, why Llama and open source AI win 2023

Could a furry camelid take the 2023 crown for the biggest AI story of the year? If we’re talking about Llama, Meta’s large language model that took the AI research world by storm in February — followed by the commercial Llama 2 in July and Code Llama in August — I…
AI & RoboticsNews

Elon Musk says xAI will begin offering ‘best’ AI to select users on Nov. 4

Today, Tesla and SpaceX CEO Elon Musk announced on his social platform X that his new artificial intelligence venture xAI will launch its first model on Saturday, November 4, 2023 to a select group of users. Tomorrow, @xAI will release its first AI to a select group. In some important respects, it is the best that currently exists. Musk incorporated xAI in Nevada earlier in March and formally…
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AI & RoboticsNews

Luma AI’s Genie lets anyone make 3D objects from text

Luma AI, a startup that specializes in creating 3D content from video and text, has unveiled a new tool that allows anyone to generate realistic 3D models in seconds. The tool, called Genie, is a research preview of an all-new kind of generative 3D foundation model that can…
AI & RoboticsNews

IDC study: Businesses report a massive 250% return on AI investments 

A survey of 2,100 global business leaders and decision makers by research firm IDC suggests a new level of momentum around AI investments by businesses, driven by perceived value and excitement around generative AI. The report, which was commissioned by Microsoft, but independently conducted by IDC, found that respondents report an average 3.5x return on their AI investments. In other words, they…
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