Artificial Intelligence
Artificial Intelligence
Valeo Shifts Focus to Google Cloud AI to Enhance Productivity and Innovation
French car parts manufacturer Valeo announced on Thursday its plans to intensify its utilization of Google Cloud AI tools, signaling a pivotal move towards...
Artificial Intelligence
Intel Shines at MLCommons New AI Benchmarks to Assess Performance
Intel said MLCommons’s latest results of the MLPerf v4.0 benchmark for inference has highlighted Intel’s advancements in AI performance.
On Wednesday, MLCommons, an artificial intelligence...
Artificial Intelligence
Intel Unveils New AI Initiatives to Propel PC Acceleration Program
Intel Corporation has revealed two artificial intelligence (AI) initiatives as part of its AI PC Acceleration Program: the AI PC Developer Program and the...
Artificial Intelligence
Rapid Rise of Generative AI Contracts Indicates Growing Trend in Enterprise Adoption
Contracts specifying generative AI (GenAI) surged from 7 percent in the first half of 2023 to 38 percent in the latter half of the...
Artificial Intelligence
Microsoft Signs $650 mn Unconventional Deal with AI Startup Inflection
Microsoft has signed an unconventional deal with AI startup Inflection for approximately $650 million in cash, Reuters news report said.
This deal grants Microsoft access...
Artificial Intelligence
European AI Market to Reach $47.6 bn by 2024, IDC Report
The AI and generative AI (GenAI) market in Europe will surge to nearly $47.6 billion in 2024, marking a significant compound annual growth rate...
Artificial Intelligence
Google Faces $271 mn Penalty Over AI Breaches in France
France’s competition watchdog has imposed a fine of €250 million ($271.73 million) on Alphabet’s Google for violations related to EU intellectual property regulations in...
Artificial Intelligence
Central Banks Use AI for Climate Risk Assessment
In a groundbreaking move, central bankers unveiled on Tuesday the utilization of artificial intelligence (AI) to gather data crucial for evaluating climate-related financial risks....