Under the Act, companies building and deploying AI models would need to perform risk assessments and label AI-generated content.
There is a growing interest in generative AI space, which has inadvertently resulted in increased demand for Graphical Processing Units (GPUs).
With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model.
Assistant with Bard is still an early experiment. In the upcoming days, it will be available for early testers, so that Google can collect feedback before bringing the service to the public over the next few months.
The launch of the upcoming AI tools comes shortly after the company’s first interaction with generative AI. In August, Walmart introduced an AI tool tailored to serve the needs of up to 50,000 corporate employees.
Meta has promised that there is more to come, and later it will come up with more tools for advertisers to generate ad copy to highlight product selling points.
In addition to smartphones and watches, Google noted that it plans to enhance its virtual assistant with generative AI capabilities.
Softacom CEO predicted that Artificial General Intelligence (AGI) would be realized within the next decade.
The AI-powered tools are expected to make the hiring process easier and more convenient. Instead of doing things manually, users can now get help from generative AI that will save time and require far less effort.
The news of the deep fake videos comes as the daughter of late comedian Robin Williams expressed her displeasure at AI-generated recreations of her father’s voice.
Visa considers itself a pioneer in AI usage in payments. Reports suggest that the company sees the funding initiative as a chance to maintain its leadership in using AI.
As JPMorgan’s CEO has stated, the company has already found more than 300 use cases for AI. The applied AI initiatives include virtual assistants, anomaly detection, news analytics, quantitative client intelligence, smart documents, intelligent pricing, and more.
The potential deal might put the company’s value anywhere from $5 billion to $6 billion.
Earlier this year, AlphaSense closed a Series D funding round with $100 million.
Enflame, a company that was founded in March 2018, has already made significant strides in AI chip manufacturing. The company’s cloud chips have found applications in diverse sectors, including education, smart cities, and scientific research.