The Israel Securities Authority has approved a chatbot named Bridget to give advice about which stocks to buy or sell in response to users’ questions.
Tag: AI
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INVESTORS LINE UP TO BE PART OF OPENAI’S $6-BILLION FUNDING PACKAGE
After OpenAI recently announced it would seek $6 billion in new financing, investors grabbed their checkbooks.
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OPENAI MULLS REINVENTING ITSELF AS KEY EXECUTIVES QUIT
OpenAI began in 2015 as a nonprofit organization intent on creating artificial intelligence that benefits humanity. It operates a for-profit subsidiary, with those profits flowing back to the nonprofit to fund research.
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AI WILL BE WORTH ABOUT $1 TRILLION IN THREE YEARS, BAIN SAYS
With the market for AI platforms, services, hardware, and infrastructure growing by 40 to 55 percent annually, the technology’s economic value will leap from $185 billion in 2023 to as much as $990 billion before 2028, Bain & Co. concluded in a study.
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ROBOTICS AND AI AUTOMATION VS. LONGSHOREMEN’S UNION
Automation: it’s a major reason why a national strike by America’s unionized dock workers may be about to bring the country to a supply chain standstill.
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MEGATECH COMPANIES WAGE WAR ON EU’S AI REGULATIONS
The world’s giant tech companies are pressing the European Commission (EC) to lighten the strictures and mandates the pending AI Act would place on developers and to scale back the schedule of fines, which could cost violators billions of euros.
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CHATBOT BETTER THAN PEOPLE AT DEBUNKING CONSPIRACY THEORIES
From chemtrails to QAnon, the U.S. public discussion has a strong undercurrent of conspiracy theories.
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IS OPENAI WORTH $150 BILLION?
OpenAI, the company that launched the AI revolution by introducing ChatGPT, is shopping for more funding.
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BLACKROCK, MICROSOFT CREATE AI INFRASTRUCTURE INVESTMENT FUND
Blackrock, the world’s richest private equity firm, and Microsoft are part of a group that has created an investment fund to build data centers and energy supplies to meet AI’s exploding infrastructure needs.