Britain has established the Laboratory for AI Security Research (LASR) to safeguard the nation and its allies against AI-based cybersecurity threats in what officials called an “AI arms race.”
Category: TRENDS IN AI – Dec 3 2024
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BANKING ON AI: CAPITAL ONE, JPMORGAN ARE LEADING THE INDUSTRY
Banks are adopting and deploying AI at an accelerating pace, but the best are doing so twice as fast as their competitors.
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NVIDIA: HOW FAST, HOW HIGH, HOW FAR?
Nvidia, the California company that makes about 90 percent of the world’s cutting-edge AI chips, has become the world’s most valuable company, seeing its market value soar by $2.5 billion over the past 12 months.
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AMAZON DOUBLES ITS INVESTMENT IN ANTHROPIC
Amazon has put another $4 billion into AI start-up Anthropic after putting in $1.25 billion in September 2023 and raising its stake to $4 billion last March.
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COMPANIES, AI DEVELOPERS COLLABORATE ON INDUSTRY-SPECIFIC MODELS
Companies have found a new way that AI can add to their bottom lines. Corporations in specific industries are collaborating with AI developers to create industry-specific models that they can sell to other businesses in their niche.
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AI COACHES EXECUTIVES FOR EARNINGS CALLS
Earnings calls—phone sessions in which corporate executives detail the company’s financial performance and outlook and field questions from investors and analysts—can be grueling.