In a significant move that underscores the burgeoning influence of Artificial Intelligence (AI) on the global cultural landscape, the renowned 71-year-old BBC Symphony Orchestra recently performed a concert featuring compositions perfected by AI technology. This landmark event, entitled “AI: More than Human”, was part of the prestigious Barbican’s season program in London, which aims to…
In a significant development reported by Calcalist Tech, a Tel Aviv District Court judge recently issued an unprecedented legal order compelling the sharing of artificial intelligence (AI) software and data by one company with its rival. This decision comes amid escalating legal and ethical debates surrounding AI technology and intellectual property rights. The litigation began…
As artificial intelligence (AI) technologies rapidly evolve and saturate various industries, a mixture of excitement and apprehension stirs among investors and technologists. According to a recent perspective on VC Cafe, delineated in the article “The AI Bubble is Real and So is the Opportunity,” the AI market is experiencing a historic swelling considered by some…
In an ambitious move to fortify its strategic presence in the booming AI market, Akamai Technologies, the global content delivery network and cloud service company, has announced its plans to set up an AI inference cloud in India. This significant development was unveiled by Akamai’s CEO, Tom Leighton, during a recent press interaction. The decision…
In a significant step blending artificial intelligence with e-commerce, Walmart has unveiled its plan to integrate its online shopping capabilities within the popular AI chatbot framework, ChatGPT. This move exemplifies a key shift in the retail sector where AI becomes a pivotal element not just in operations, but directly in consumer interactions and services. Walmart,…
In an ambitious move to enhance user experience and explore new revenue channels, DirecTV has announced plans to integrate artificially intelligent advertisements into the screensaver function of their service. The platform, which traditionally has presented passive imagery or simple animations during idle times, will soon host dynamically targeted ads based on user preferences and viewing…
In a recent fiscal update that underscores the burgeoning impact of artificial intelligence (AI) on traditional tech sectors, HCLTech reported a robust 10.7% increase in their quarterly revenue, with a notable $100 million of it attributed directly to advancements and applications in AI. This revelation was detailed in a report published on October 14 by…
Nvidia Corp. is set to release its latest product, the DGX Spark Mini PC, with sales commencing later this week at a retail price of $3,999, as reported recently by Startup News. This move underscores a strategic shift by one of the leading technology firms in artificial intelligence (AI) towards making powerful computing accessible to…
In a noteworthy development in the interface between technology and finance, several leading insurance firms are poised to harness artificial intelligence (AI) for a multitude of operational enhancements, including the personalization of customer pricing and enhanced service offerings. According to a recent report by Calcalist titled “Insurance Companies Enlist AI to Set Personalized Customer Prices”,…
In an ambitious move to delve into the innovative realms of artificial intelligence (AI) for business operations, Israeli startup Scortex has recently secured a substantial investment totaling $15.2 million. This funding round, as reported by Calcalist Tech in the article titled “AI startup Scortex raises $15.2 million”, showcases a significant interest in technologies that aim…
