“Your children…literally will probably be working three and a half days a week” thanks to AI, James Dimon, chair and CEO of JPMorgan Chase, said in a 2 October Bloomberg interview.
Category: TRENDS IN AI – Oct 10 2023
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EUROPEAN CENTRAL BANK BEGINS TINKERING WITH AI
The European Central Bank (ECB) has begun thinking about how it might use AI to interpret inflation’s dynamics more accurately and to supervise commercial banks, The New York Times reported.
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IBM ASSUMES LEGAL LIABILITY FOR AI CLAIMS AGAINST ITS CUSTOMERS
IBM has promised customers using its AI platform that the company will shield them against legal claims or penalties they could incur from content creators alleging the AI has violated their intellectual property rights.
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GETTY IMAGES LAUNCHES AI ABLE TO CREATE PICTURES ON DEMAND
Getty Images, the stock photo agency with more than 135 million images on file, has premiered its own AI able to invent images in response to user requests.
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OPENAI MULLING SHARE SALE THAT WOULD TRIPLE ITS MARKET VALUE
OpenAI, the company that gave the world ChatGPT and started the current AI revolution, is asking investors’ opinions about issuing a new private round of stock, The Wall Street Journal reported. The new issue would likely value OpenAI at between $80 billion and $90 billion, people familiar told the WSJ.
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IT SEES! IT SPEAKS! CHATGPT GETS NEW POWERS
An updated version of ChatGPT, the AI that launched the artificial intelligence revolution, will be able to “see, hear, and speak” with two new features, parent company OpenAI has announced.
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SOFTBANK MAY PUT UP $1 BILLION TO CREATE SMARTPHONE BASED ON CHATGPT
Sam Altman, CEO of ChatGPT creator OpenAI, is in talks with Masayoshi Son, founder and CEO of Japanese venture fund Softbank, to back the development of “the iPhone of artificial intelligence,” according to three people familiar who told the Financial Times.
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AI DESIGNS A WALKING ROBOT IN 26 SECONDS FROM SCRATCH
An artificial intelligence created at Northwestern University was given a simple prompt: design a robot that can walk on a flat surface.