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Google will pump more than $100B into AI says DeepMind boss

DeepMind CEO predicts Google will invest over $100 billion in AI, surpassing rivals like Microsoft in processing prowess. Google's investment in AI may involve hardware like Axion CPUs based on the Arm architecture, claimed to be faster and more e…

AI startup Tome makes cuts in pursuit of new focus

Startup Tome is reorganizing to target sales teams as paying customers, resulting in job cuts and a change in focus towards enterprise sales. Originally attracting both professionals and consumers, Tome now concentrates on developing features tailored…

AI now beats humans at basic tasks – new benchmarks are needed

Artificial intelligence systems like ChatGPT are now nearly on par with or surpassing human performance in various tasks. The rapid progress in AI development is rendering many existing benchmarks obsolete, necessitating new ways to evaluate AI system…

The Future of Mental Health Is Here with This AI App

An AI app provides mental health support 24/7, offering instant replies and complete anonymity to users. It caters to urgent needs outside typical hours, with many sessions occurring post-midnight. The app detects critical needs and redirects users to…

Data acquisition strategies for AI-first startups

The article explores the evolution of data acquisition strategies for AI-first startups, emphasizing the challenges faced in obtaining quality data in the past. It mentions the changes in data acquisition needs over the years, including the importance…

AI Coding Is Going from Copilot to Autopilot

New AI-powered coding tools like Devin AI and AutoDev are emerging as more autonomous versions of earlier assistants. These tools aim to help software engineers write code faster and focus on strategic and creative tasks. Developers must provide the r…

Google set to charge for internet searches with AI, reports say

Google is exploring the idea of charging for AI-enhanced search features to cover the high costs involved. The company would offer this feature exclusively to users of its premium subscription services. Competitors in the AI search sector are also off…

AI startup Cognition Labs, founded in November, seeks $2B valuation

Cognition Labs, a new AI startup, is seeking a $2 billion valuation, despite generating no real revenue yet. Other AI startups like Perplexity and Mistral have also achieved high valuations recently. Some experts are skeptical about the current AI mar…

Steve Cohen says his firm can already save $25M by using AI

Steve Cohen's firm, Point72, saved $25 million using AI models like ChatGPT. The excitement around AI has driven the market rally, benefiting companies like Nvidia and Microsoft. Cohen emphasized the importance of companies embracing AI to stay co…

Apple researchers develop AI that can ‘see’ and understand screen context

Apple researchers have developed an AI system called ReALM that can understand screen context and ambiguous references, improving interactions with voice assistants. ReALM reconstructs the screen using parsed on-screen entities to generate a textual r…