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☆ OpenAI's new product could include sarcasm detection, report says
▼ + stars: | 2024-05-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

OpenAI may unveil a new multimodal AI assistant on Monday, The Information reported. This technology could, in theory, help automated customer service agents detect sarcasm. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Information reported that machine learning company OpenAI could unveil a voice assistant with both audio and visual capabilities that could, in theory, detect sarcasm.

Persons: — Organizations: Service

The tool is derived from another AI image-generator, DALL-E 3, made by Microsoft's close business partner OpenAI. His letter to Microsoft urges the company to take it off the market until it is safer. “Many of the issues with Copilot Designer are already addressed with ChatGPT's own safeguards,” he said via text. A number of impressive AI image-generators first came on the scene in 2022, including the second generation of OpenAI's DALL-E 2. Google has temporarily suspended its Gemini chatbot's ability to generate images of people following outrage over how it was depicting race and ethnicity, such as by putting people of color in Nazi-era military uniforms.

Persons: Shane Jones, Jones, Microsoft's, OpenAI, ”, Lina Khan, “, OpenAI's DALL, ChatGPT — Organizations: Microsoft, Associated Press, U.S, Senate, Federal Trade Commission, CNBC, Senate's, Google Locations: “, Washington

☆ Gen AI is here to stay — here are 5 skills to help you stay relevant in the changing job market
▼ + stars: | 2024-03-04 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Generative AI isn't just a buzzy new topic – it's revolutionizing the workforce. Generative AI is a type of artificial intelligence capable of generating images, text or other content. Nearly three in five whitecollar employees report using generative AI on a weekly basis. Oliver WymanOliver Wyman conducts monthly surveys of more than 200,000 people across 20 countries to gather data about attitudes surrounding Generative AI and other trends. "Generative AI lacks the contextual nuance and ethical judgment that humans should apply in analysis," a spokesperson for Oliver Wyman told CNBC Make It.

Persons: ChatGPT, Oliver Wyman Oliver Wyman, Oliver Wyman, we’re Organizations: McKinsey, CNBC

The lawsuit is one of several that have been brought by groups of copyright owners, including authors John Grisham, George R.R. Martin and Jonathan Franzen, against OpenAI and other tech companies over the alleged misuse of their work to train AI systems. Sancton's complaint is the first author lawsuit against OpenAI to also name Microsoft as a defendant. "While OpenAI and Microsoft refuse to pay nonfiction authors, their AI platform is worth a fortune," Sancton's attorney Justin Nelson said in a statement. The complaint also said that Microsoft has been "deeply involved" in training and developing the models and is also liable for copyright infringement.

Persons: Dado Ruvic, OpenAI, Julian Sancton, John Grisham, George R.R, Martin, Jonathan Franzen, Justin Nelson, Sancton, Blake Brittain, David Bario, Aurora Ellis Organizations: REUTERS, Microsoft, Hollywood, Thomson Locations: Manhattan, Washington

☆ Wall Street banks want AI to write performance reviews
▼ + stars: | 2023-11-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Wall Street banks are turning to AI to streamline processes like writing performance reviews. Software firm Workday said it's seen an uptick in banks expressing interest in its new AI products. AdvertisementWall Street banks are looking to speed up operations and cut costs by deploying AI to write performance reviews among other tasks, a Workday boss said in an interview with Bloomberg at its conference in Barcelona. Workday's co-CEO Carl Eschenbach said Wall Street banks are keen to get their hands on some of its new AI products. A number of Wall Street banks are optimistic about how AI will improve productivity since the launch of OpenAI's chatbot ChatGPT in November 2022.

Persons: —, Workday's, Carl Eschenbach, Eschenbach, ChatGPT, Jamie Dimon Organizations: Deutsche Bank, Service, Bloomberg Locations: Barcelona

☆ Tencent shrugged off a new US AI chip ban, saying it's stockpiled enough Nvidia processors for 'a couple more generations'
▼ + stars: | 2023-11-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Tencent president Martin Lau said on Wednesday the company is holding a vast stockpile of chips. Its inventory is enough to last its AI development a "couple more generations," Lau said. The US issued a new AI chip export ban to China in October, sparking fears that Tencent could be hit. But Lau also said Tencent will eventually have to pivot toward China-made AI chips. "Going forward, we have to figure out ways to make usage of our AI chips more efficient," Lau said.

Persons: Martin Lau, Lau, —, Tencent, Biden Organizations: US, Service, Nvidia, Baidu, Financial Times Locations: China

☆ Job listings on LinkedIn that mention AI have more than doubled in the past 2 years and applications are flying in, the social platform says
▼ + stars: | 2023-10-04 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Job postings on LinkedIn that mention AI or generative AI have increased significantly since 2021. Overall, job seekers are keen to snap up these roles because some pay over $100,000. AdvertisementAdvertisementThe number of jobs postings on LinkedIn that mention AI or require AI skills have increased significantly since 2021 and jobs seekers are keen to snap up these jobs, new LinkedIn data shows. These changes are already showing up as job postings that mention AI or generative AI have more than doubled globally in the past two years, per LinkedIn's data. There's been a rapid increase in interest around AI skills in the past year since the launch of OpenAI's chatbot ChatGPT in November 2022.

Persons: —, There's, ChatGPT Organizations: Service, LinkedIn, Global Locations: Canada

The new round, led by T. Rowe Price, could mark the last round of private funding as the data company gears up for the public market. Chipmaker Nvidia (NVDA.O), another beneficiary of the AI boom, and credit card firm Capital One Financial (COF.N), also participated in the latest funding round. AI, the latest buzzword in the technology space, has captivated the interest of investors from Silicon Valley to Wall Street. Its latest valuation is over 13% more than the $38 billion the San Francisco-based company was worth after its last fundraise in 2021. The company has raised $4 billion since inception.

Persons: Rowe Price, Ali Ghodsi, Ghodsi, Andreessen Horowitz, Baillie Gifford, Morgan, Weeks, Databricks, Niket, Krystal Hu, Dhanya Ann Thoppil Organizations: Nvidia, Reuters, Fidelity Management & Research, Tiger Global, Thomson Locations: Silicon Valley, Wall, Francisco, Bengaluru, Hong Kong

☆ Scientists found more than 1,000 AI spam bots trying to scam people and steal their social media profiles — and regulators can't keep up
▼ + stars: | 2023-08-24 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +7 min

One of the latest is flooding social media with spam bots and AI-generated content that could further degrade the quality of information on the internet. Botnets are networks of hundreds of harmful bots and spam campaigns on social media that can go undetected by current anti-spam filters. We can still detect AI-generated spam — for nowBoth NewsGuard and the paper's researchers were separately able to unearth AI-generated spam content using an obvious tell that chatbots currently have. AdvertisementAdvertisementResearchers look for when these responses slip out in an automated bot's content, whether on a webpage or in a tweet. AdvertisementAdvertisementOne such measure was tagging AI-generated content with a hidden label to help people distinguish it from content made by humans, per the White House.

Persons: Kai, Cheng Yang, Filippo Menczer, Yang, Menczer, ChatGPT, chatbots, Wei Xu, Europol, Xu, Biden Organizations: Indiana University, Twitter, ChatGPT, Indiana University's Observatory, Social Media, telltale, Georgia Institute of Technology, Regulators, Google, Microsoft, House Locations: Indiana

☆ Shopify to launch AI assistant for merchants
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

July 12 (Reuters) - Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on its platform, the latest technology company to roll out such a feature. The assistant called "Sidekick" would be embedded as a button on Shopify and answer merchant queries, including details about sales trends, CEO Tobi Lutke illustrated in a video posted on Twitter. Companies such as Alibaba Group Holding , Zoom Video Communications (ZM.O) and Databricks have all launched AI assistants in the last few months following the massive jump in the use of OpenAI's chatbot ChatGPT. The assistant can also help entrepreneurs update their stores on Shopify. The feature is "coming soon", the video showed, without specifying the date when it would be rolled out.

Persons: Shopify, Tobi Lutke, Chavi Mehta, Shilpi Majumdar Organizations: Twitter, Companies, Alibaba, Video Communications, Thomson Locations: Bengaluru

☆ Portugal plans to trial answering emergency calls using an AI chatbot based off ChatGPT, and it could be rolled out by 2025, government official says
▼ + stars: | 2023-06-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Portugal is trialing a ChatGPT-based AI that can respond to emergency calls in busy periods. Callers to Portugal's 112 emergency line sometimes wait five to six minutes to get a response. If the trial periods goes well, the AI will come into wider use by 2025, a senior politician said. Portugal is planning to test a new artificial intelligence system based on OpenAI's chatbot ChatGPT to see whether it could be used to take emergency calls in the country during busy times. Instead, the AI system will respond to the calls first in "natural language response" to "assess what kind of problem" the caller is reporting, Portugal News' report added.

Persons: ChatGPT, António Pombeiro, Lusa, Pombeiro Organizations: Morning, Internal Administration Locations: Portugal, Porto, Colombia

☆ Generative AI — which some fear could contribute to the end of humanity — will be a $1.3 trillion market within a decade, new research says
▼ + stars: | 2023-06-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

The generative AI industry is set to grow from $40 billion in 2022 to a $1.3 trillion market in 2032. The launch of OpenAI's chatbot ChatGPT in November fueled the hype around AI tools. Hardware, however, will make up the bulk of the $1.3 trillion of revenue, accounting for $641 billion by 2032, per Bloomberg's estimates. Hardware revenue will come from AI servers, AI storage, computer vision AI products, as well as conversational AI tools, which will be worth $108 billion. Digital ads pertaining to AI will make revenues of $192 billion, while AI assistant software will be worth $89 billion, per the report.

Persons: ChatGPT, Google Bard, Bloomberg Intelligence's, Mandeep Singh, Singh, chatbot ChatGPT, Google's Bard, OpenAI Organizations: Bloomberg Intelligence, Google, Bloomberg

☆ A former Google exec warned about the dangers of AI saying it is 'beyond an emergency' and 'bigger than climate change'
▼ + stars: | 2023-06-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Mo Gawdat, a former top Google employee, said AI is a bigger emergency than climate change. Gawdat appeared in an episode of The Diary of a CEO podcast with Steven Bartlett to discuss AI. A former Google officer has weighed in on the debate around AI and warned that it is a bigger emergency than climate change, in an an episode of The Diary of a CEO podcast released Thursday. "It is beyond an emergency," Gawdat told Bartlett in the podcast. It's bigger than climate change believe it or not."

Persons: Mo Gawdat, Gawdat, Steven Bartlett, —, Bartlett, Elon Musk, Steve Wozniak, Emad Mostaque, OpenAI's chatbot ChatGPT, Sundar Pichai Organizations: Google, Elon, Apple, Financial Times

☆ Some 50% of workers say they feel like they're being kept in the dark about how their company will use AI, new survey finds
▼ + stars: | 2023-05-17 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Some 50% of workers think their company is hiding how they will use AI, a new survey found. Workers are concerned about the effect AI will have on their jobs and the industry they work in. It found that 50% of workers think they're being kept in the dark about how AI is going to be used in their organization. The CEO of one energy company said he incorporated AI to respond to customer emails in February. Now the AI is responding to over a third of customer emails which is the work of 250 people.

May 4 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Thursday reported weaker revenue growth in the first quarter of 2023, compared with the year-ago period, citing a tense economic environment with clients adopting a "wait-and-watch stance". Still, the company's quarterly revenue reached 5.73 billion euros ($6.35 billion), 10.9% above the first three months in 2022. The Paris-based company reiterated its outlook for 2023, pointing to revenue growth in a range between 4% and 7% in constant currency terms, down from a 21.1% increase in 2022, and an operating margin between 13.0% and 13.2%. "The economic context remains tense (...) It's all about postponements, but our clients' agenda hasn't changed, digital transformation remains their priority", Ezzat added. Growth in new hires remains strong in tech products, the CEO specified, including research on generative AI.

☆ OpenAI has its tentacles in hundreds of companies. Here's how it's making them more productive.
▼ + stars: | 2023-05-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

Developers are linking arms with OpenAI to access the large language models powering their apps. In doing so, OpenAI has its tentacles in hundreds of Silicon Valley startups. OpenAI's artificial intelligence technology is now baked into hundreds of apps, making it one of the key levers that help companies and their developers be more productive. The latest company utilizing the company's large language models is Superhuman, an email app with a cultish following. The feature came together so fast, according to Akshay Kothari, the third cofounder and chief operating officer, because Notion hadn't done the grunt work of training a large language model itself.

☆ Scientists develop A.I. system focused on turning peoples' thoughts into text
▼ + stars: | 2023-05-01 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

The researchers trained their semantic decoder on dozens of hours of brain activity data from participants, collected in an fMRI scanner. Scientists have developed a noninvasive AI system focused on translating a person's brain activity into a stream of text, according to a peer-reviewed study published Monday in the journal Nature Neuroscience . PH.D. STUDENT JERRY TANG PREPARES TO COLLECT BRAIN ACTIVITY DATA IN THE BIOMEDICAL IMAGING CENTER AT THE UNIVERSITY OF TEXAS AT AUSTIN. Once the AI system is trained, it can generate a stream of text when the participant is listening to or imagines telling a new story. According to a news release, the trained system produces text that closely or precisely matches the intended meaning of the participant's original words around half of the time.

☆ U.S. regulators warn they already have the power to go after A.I. bias — and they're ready to use it
▼ + stars: | 2023-04-25 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

The warning comes as Congress is grappling with how it should take action to protect Americans from potential risks stemming from AI. CFPB also plans to propose rules to ensure AI valuation models for residential real estate have safeguards against discrimination. "There is not an exemption in our nation's civil rights laws for new technologies and artificial intelligence that engages in unlawful discrimination," Chopra told reporters during a virtual press conference Tuesday. The FTC is also prepared to take action against companies that unlawfully seek to block new entrants to AI markets, Khan said. "The Civil Rights Division is committed to using federal civil rights laws to hold companies accountable when they use artificial intelligence in ways that prove discriminatory," Clarke said.

The logo of German software group SAP is pictured at the headquarters of SAP (Schweiz) AG in Regensdorf, Switzerland January 22, 2021. Revenue from SAP's lucrative cloud business grew 24% year-on-year, broadly in line with consensus. For the year, SAP expects non-IFRS operating profit in the range of 8.6-8.9 billion euros, 200 million euros less than before. Cloud revenue forecast is seen down by 1.3 billion euros to between 14 and 14.4 billion euros. "Underlying guidance is essentially unchanged, although updated to reflect the disposal of Qualtrics," Jefferies analysts wrote in a client note.

☆ Sundar Pichai says AI technology could be more profound than fire or electricity
▼ + stars: | 2023-04-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sundar Pichai has discussed the capabilities of AI and its potentially huge effect on society. In a "60 Minutes" interview, Pichai said AI could be more profound than fire or electricity. Sundar Pichai, CEO of Google's parent company Alphabet, says artificial intelligence could be the most profound technology in human history. In an interview on CBS's "60 Minutes," which aired on Sunday, Pichai said he thought of AI "as the most profound technology humanity is working on. Microsoft, Google's old rival and a prominent investor in OpenAI, has already released an AI-powered version of its Google Search competitor, Bing.

☆ DeepMind's CEO said there's a chance that AI could become self-aware in the future
▼ + stars: | 2023-04-17 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

The CEO of Alphabet's DeepMind said there's a possibility that AI could become self-aware one day. DeepMind is an AI research lab that was co-founded in 2010 by Demis Hassabis. The CEO of Alphabet-owned AI research lab, DeepMind Technologies, spoke about the potential of artificial intelligence in an interview with CBS' "60 Minutes," which aired on Sunday. DeepMind CEO Demis Hassabis told CBS that he thinks that AI might one day become self-aware. Hassabis told CBS that he believes AI is "the most important invention that humanity will ever make."

☆ Google contractors say they don't have enough time to verify correct answers from the company's AI chatbot and end up guessing
▼ + stars: | 2023-04-04 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +5 min

The bot has been tested internally by Googlers, and now contractors are also testing a chatbot. Some contractors say they're not given enough time to rate the most accurate chatbot responses. Because each assigned task represents billable time, some workers say they will complete the tasks even if they realize they cannot accurately assess the chatbot responses. Google raters who work for Appen make between $14 and $14.50 an hour, despite supporting a business that generates most of its revenue from search and advertising. The group estimates that Google employs more than 200,000 people as contractors, who aren't recorded in the company's official headcount.

OAKLAND, California, March 28 (Reuters) - Artificial intelligence chip startup Cerebras Systems on Tuesday said it released open source ChatGPT-like models for the research and business community to use for free in an effort to foster more collaboration. Silicon Valley-based Cerebras released seven models all trained on its AI supercomputer called Andromeda, including smaller 111 million parameter language models to a larger 13 billion parameter model. Cerebras said the smaller models can be deployed on phones or smart speakers while the bigger ones run on PCs or servers, although complex tasks like large passage summarization require larger models. Most of the AI models today are trained on Nvidia Corp's (NVDA.O) chips, but more and more startups like Cerebras are trying to take share in that market. The models trained on Cerebras machines can also be used on Nvidia systems for further training or customization, said Feldman.

☆ Nvidia stock rides the 'iPhone moment of AI' to add $87 billion in market cap through the banking crisis
▼ + stars: | 2023-03-23 | by ( Anil Varma | ) www.businessinsider.com time to read: +4 min

Nvidia has breezed through the banking turmoil, and is the S&P 500's best performer with a 81% rise year-to-date. The chipmaker has added $87 billion in market value since Silicon Valley Bank was taken over by regulators. "We are at the iPhone moment of AI," CEO Jensen Huang said this week amid the ChatGPT buzz. At about $654 billion, Nvidia is valued almost six times as much as its longtime rival Intel. NVIDIA stock has significantly outperformed the US stock market.

☆ Tencent says it will keep cutting costs as annual revenue drops
▼ + stars: | 2023-03-22 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

HONG KONG, March 22 (Reuters) - Tencent Holdings (0700.HK) on Thursday vowed to keep cutting costs and work on increasing efficiencies as it reported a drop in annual revenue for the first time ever, with its founder saying the company would stay focused on its core business. Tencent posted revenue of 554.55 billion yuan ($81 billion) for 2022, down 1% from a year earlier. Analysts on average had expected 555.15 billion yuan, according to Refinitiv. Profit attributable to equity holders fell 16% to 188.24 billion yuan for the year versus a consensus estimate of 114.19 billion yuan. Reuters reported last month that Tencent was working on a ChatGPT-like chatbot named the "HunyuanAide" which will incorporate Tencent's Hunyuan AI model.

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