KPMG plans to spend $2 billion on AI and cloud services through an expanded partnership with Microsoft, aiming to incorporate AI into its core services. This move is in response to a slowdown in advisory deals and a challenging economic environment.[1…
Just like other large chip designers, AMD has already started to use AI for designing chips. In fact, Lisa Su, chief executive of AMD, believes that eventually, AI-enabled tools will dominate chip design as the complexity of modern processors is incre…
Mobile and desktop traffic to ChatGPT’s website worldwide fell 9.7% in June from the previous month, according to internet data firm Similarweb. Downloads of the bot’s iPhone app, which launched in May, have also steadily fallen since peaking in early…
AI-driven gains can propel Microsoft Corp. to join Apple Inc. in the elite category of stocks with a market capitalization of more than $3 trillion. That’s according to analysts at Morgan Stanley, whose new $415 price target for the software giant imp…
The Icahn School of Medicine at Mount Sinai has launched the Center for Ophthalmic Artificial Intelligence and Human Health, the first of its kind in New York and one of the first in the United States.[1] The United States military has begun tests to …
TikTok parent company ByteDance has another app in the works, this one, geared towards making music with the assistance of AI. The company shared that it has engineered its own music creation app called Ripple.[1] Greyparrot is a UK start-up that has …
Last week, Microsoft released the first public beta version of Windows 11, which includes the highly anticipated AI assistant, Copilot. This move marks Microsoft’s commitment to embracing AI across its products. Copilot, based on the GPT model, has al…
Moody’s Corp. is using Microsoft Corp. and OpenAI to create an artificial intelligence assistant that will help customers of the credit rating and research firm analyze reams of information needed to make assessments of risk. “Moody’s Research Assista…
Microsoft is testing a new feature for its AI search chatbot, Bing Chat, that can infer the probability of future stock prices using option prices. The feature is still in development, but if it is successful, it could revolutionize the way investors …
AlphaGo from Google’s DeepMind AI lab made history by defeating a champion player of the board game Go. Now Demis Hassabis, DeepMind’s cofounder and CEO, says his engineers are using techniques from AlphaGo to make an AI system dubbed Gemini that will…
