Advanced Micro Devices (AMD) recently released its financial report for the second quarter, revealing that revenue reached $5.36 billion. While this represented an 18% decrease from the previous year, investors reacted positively to the news due to the rising demand for artificial intelligence (AI) technology. AMD, a company known for manufacturing processors and graphics processing
AI
Since the introduction of OpenAI’s ChatGPT in November 2022, the demand for AI skills, especially those related to OpenAI, has skyrocketed. In response to this increase, OpenAI and Upwork have joined forces to launch the OpenAI Experts on Upwork services. This partnership aims to assist OpenAI users in finding skilled professionals to collaborate on their
When Open AI first introduced ChatGPT, it appeared to be a revolutionary tool, capable of providing a single source of truth in an era plagued by misinformation and polarization. However, as the weaknesses of this technology quickly became apparent, such as its tendency to hallucinate answers, it became clear that ChatGPT relied solely on patterns
Low-code enterprise automation company, ServiceNow, has announced the expansion of its Now platform’s generative AI capabilities. This introduction comes with the addition of case summarization and text-to-code features, aiming to drive speed, productivity, and value for customers in various industries. With these advancements, ServiceNow is purposefully designed to alleviate repetitive tasks and improve productivity. The
London-based startup, Beyond Work, has announced a successful pre-seed funding round, raising $2.5 million. Led by Moonfire Ventures, with participation from MIT’s E14 fund, the investment will be used to accelerate the development of Beyond Work’s human-AI work platform. The company aims to make working with enterprise tools more human and seamless, leveraging large language
The financial services arm of UBS, a Swiss banking giant, recently revised its guidance for the long-term artificial intelligence (AI) end-demand forecast. The previous forecast projected a compound annual growth rate (CAGR) of 20% from 2020 to 2025. However, UBS now anticipates a CAGR of 61% between 2022 and 2027. Solita Marcelli, the global wealth
Stability AI, the company responsible for the Stable Diffusion image generation AI, has unveiled two new large language models (LLMs) known as FreeWilly1 and FreeWilly2. These models, based on Meta’s LLaMA and LLaMA 2 open-source models, have been trained on a smaller dataset that includes synthetic data. Despite their reduced size, the FreeWillys excel in
A movie trailer created by artificial intelligence (AI) that combines the highly anticipated films Barbie and Oppenheimer into a unique mashup has taken the internet by storm. This “Barbenheimer” trailer cleverly pokes fun at the hype surrounding both movies, attracting viewers who were curious about these seemingly incompatible films. Oppenheimer is a serious biopic about
The dominance of AI in the global tech scene and the business world as a whole cannot be denied. Recent applications like ChatGPT and DALL·E have showcased the immense possibilities offered by large language models (LLMs) and generative AI. In fact, Android users have downloaded new AI apps more than 23.6 million times since November,
The advancements in generative artificial intelligence (AI) and blockchain technology have sparked both excitement and skepticism. While these technologies are already being utilized in various domains such as tech platforms, social media apps, and games, we are also witnessing a recurrence of the hype cycles experienced during the emergence of responsible AI and blockchain 1.0