Business Category

BUSINESS

Aug 1, 2024

Canva and Leonardo.AI unite to advance AI in visual media

Canva acquires a leading generative artificial intelligence (AI) content and research company, Leonardo.AI, in a move to bolster its position in the landscape of visual communication tools. For an undisclosed sum, the acquisition marks

Person holding a diploma | Photo by Gül Işık

BUSINESS

Aug 1, 2024

Major colleges now offer AI degree, lures students with better odds at Big Tech companies

As artificial intelligence (AI) continues to create more opportunities and applications in countless disciplines, major colleges and universities are offering bachelor’s degrees in AI to undergraduate students—who are hoping to secure tech internships

Black metal electricity post | Photo by Pok Rie

BUSINESS

Jul 30, 2024

High power, water demand threatens AI progress in US amid aging grid

As artificial intelligence (AI) companies in the United States race to advance their models and technology, a major hurdle stands in their way as huge power demand amid an aging electric grid threatens to halt

Google search | Photo by Sarah Blocksidge

BUSINESS

Jul 30, 2024

Reddit blocks AI web scrapers, Google remains an exception

Reddit cracks down on artificial intelligence (AI) web scrapers accessing content from its website, sparking tension with search engines in light of their recent AI licensing deal with Google. The popular forum-based social media

Survey results on paper | Photo by Lukas

BUSINESS

Jul 30, 2024

Hong Kong researchers unveil LAMBDA: a code-free AI tool for data science

A group of researchers from Hong Kong introduced LAMBDA, a data science intermediary that makes artificial intelligence (AI) technology accessible to experts across various domains. LAMBDA is a code-free, open-source system developed by

OpenAI's ChatGPT | Photo by Sanket Mishra

BUSINESS

Jul 29, 2024

OpenAI urged to answer safety, employment inquiries after whistleblowers come out

The United States lawmakers urged tech giant OpenAI to answer questions about its safety protocols and employment practices following complaints from whistleblowers and issues in public trust and national security. In a July 22 letter

BUSINESS

Jul 29, 2024

OpenAI unveils SearchGPT—a new era in AI search technology

OpenAI has announced the test launch of SearchGPT for waitlisted users, marking a significant step forward in the artificial intelligence (AI) search engine arena. This innovation promises to reshape web browsing by delivering faster, more

Person editing photos on laptop | Photo by George Milton

NEWS

Jul 26, 2024

Adobe rolls out AI innovations to revolutionize Illustrator and Photoshop tools

Adobe rolls out its latest artificial intelligence (AI)-powered Illustrator and Photoshop tools and other innovations aiming to empower designers and accelerate productivity. It promises to pave new ways for designers to ideate, iterate, and

American Flags and vote pins | Photo by cottonbro studio

BUSINESS

Jul 25, 2024

AI chatbots lag behind newsbreaks, don’t answer political queries—test finds

As election and political newsbreaks come after one another this week, artificial intelligence (AI) chatbots—which claim to provide real-time updates—cannot seem to hold on to their words. A series of tests conducted

BUSINESS

Jul 25, 2024

Researchers build AI model that can diagnose breast cancer stages

Breast cancers can now be better diagnosed after researchers from Massachusetts Institute of Technology (MIT), ETH Zurich, and the University of Palermo in Italy developed an artificial intelligence (AI) model that can determine breast tumor

Man playing chess with a machine | Photo by Pavel Danilyuk

BUSINESS

Jul 24, 2024

AI threatens job security, sparking fear among game developers

As artificial intelligence (AI) threatens to replace jobs in game development, video game industry experts express their concerns. Following a surge in player base amid the pandemic, a rush of ventures and investments was made

ENTERTAINMENT

Jul 23, 2024

Kamala Harris takes center stage, advocates for strong AI regulations as Biden exits 2024 race

Now that US President Joe Biden is out of the 2024 presidential race, the limelight has been focused on Vice President Kamala Harris to step up and become the Democratic Party’s nominee. On July

ChatGPT word on Scrabble blocks | Photo by Markus Winkler

BUSINESS

Jul 23, 2024

OpenAI launches cheaper, faster GPT-4o mini

ChatGPT creator OpenAI debuted a cheaper and faster artificial intelligence (AI) model, GPT-4o mini, a smaller version of its flagship product on July 18. In a press release, the company emphasized that its new

Burning Stove | Photo by Pixabay from Pexels

BUSINESS

Jul 23, 2024

Energy chief warns: U.S. AI race at risk without natural gas boost

Alan Armstrong, CEO of Williams Companies, one of the largest energy corporations, has issued a stark warning about the U.S.'s future in the artificial intelligence (AI) race. He claims that the country will

Person signing document | Photo by Pixabay

BUSINESS

Jul 23, 2024

California pushes for law changes, new bill to avoid bias when using AI at work

As the rise of artificial intelligence (AI) continues to pose threats while still unchecked, California legislators and civil rights groups are moving to regulate AI use in making employment decisions to counteract possible discrimination. Currently,

Students using technology while presenting | Photo by Alena Darmel from Pexels

BUSINESS

Jul 18, 2024

OpenAI co-founder kicks off Eureka Labs to build AI assistants for education

Eureka Labs is currently working to bring AI teaching assistants to students as an education platform, founder Andrej Karpathy revealed on July 17. With years of experience on his back, Karpathy announced in a post

Google on phone screen | Photo by Brett Jordan from Pexels

BUSINESS

Jul 17, 2024

Google’s Gemini AI under fire for allegedly reading private docs on Google Drive without permission

Google’s Artificial Intelligence (AI) assistant Gemini is under fire for allegedly reading private documents hosted on Google Drive without users’ permission. The report comes from user and AI Governance Senior Advisor Kevin Bankston’s

An artist’s illustration of artificial intelligence (AI) | Photo by Google DeepMind from Pexels

BUSINESS

Jul 17, 2024

Microsoft’s AI achieves human voice parity, public release on hold

Microsoft claims its new AI text-to-speech (TTS) generator has reached “human parity" as it can now precisely mimic a human voice. Replacing the first-generation model released earlier in January 2023, VALL-E