AI is saving white-collar workers time, which they then use to check AI’s work and correct its mistakes, according to a study by Workday, a business services website.
Tag: AI
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AI WILL SAVE TIME ON HOUSEHOLD CHORES, OPENAI SAYS
Unpaid household tasks such as buying groceries or vacuuming the carpet represent a value equivalent to 15 percent of U.S. GDP, by some estimates.
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CHINA IS WINNING THE GLOBAL AI RACE, MICROSOFT SAYS
Through the creation of low-priced open-source models subsidized lavishly by Beijing,
China is spreading its AI presence and technologies to more users faster than Western developers are, Microsoft president Brad Smith said in a Financial Times interview.
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AI USES EVOLUTION’S HISTORY TO SEARCH FOR NEW MEDICAL TREATMENTS
Scientists from Microsoft and Nvidia are part of an international team that has created an AI system called Eden that tracks the evolutionary history of microbes using a database that has never been used publicly until now.
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AI BIGS ARE COMING FOR GOOGLE
Google now owns an estimated two-thirds of the worldwide search engine market and 90 percent in the U.S.—but maybe not for long.
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AI WILL REPLACE 200,000 EUROPEAN BANK WORKERS BY 2030
Over the next four years, European banks could replace as many as 200,000 employees—about 10 percent of their payrolls—as more people bank online and the banks close branches to cut costs, Morgan Stanley analysts have forecasted after interviewing executives at 35 institutions.
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DEEPSEEK REPORTS AI TRAINING BREAKTHROUGH
In a newly published paper, Chinese AI firm DeepSeek has detailed a new approach to training AI models it calls “Manifold-Constrained Hyper-Connections.” The method allows training larger and larger AIs while reducing needed computer time and, therefore, energy consumption.
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PRIVATE EQUITY FIRM ENTERS THE CLOUD BUSINESS
Brookfield Corp., the parent of Brookfield Asset Management, is entering the AI cloud business and will lease time on data centers’ chips and servers to model developers.
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CHINA REQUIRES 50-PERCENT DOMESTIC CONTENT IN AI HARDWARE
From now on, Chinese AI developers adding chips, data centers, or other related hardware must source at least half of those products from Chinese providers, according to a new rule from Beijing.
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AI BRIEFS
Chinese officials have issued a draft regulation that tightens restrictions on AIs that would mimic human personalities and engage users in emotional relationships.