UK to allocate $125 mn for AI research; Amazon’s AI tool responds to queries; and more updates on AI you might have overlooked today.
Today, the UK has revealed a significant investment of $125 million towards AI research and educating regulators about this technology. Meanwhile, Amazon has introduced a new AI assistant that responds to shoppers’ inquiries and provides information about products. Nevertheless, experts have raised concerns regarding the lack of transparency surrounding Amazon’s newly launched AI assistant. Stay updated on the latest developments.
- UK explores $125m worth of AI research and regulation
On Tuesday, Britain unveiled its AI investment plan to boost research. The country plans to build nine new artificial intelligence research centers. In addition, the country plans to train regulators about the technology. Technology Minister Michelle Donelan said: “Artificial intelligence is moving fast, but we’ve shown that humans can move just as fast. By taking an agile, industry-specific approach, we’ve started to address risks immediately,” according to a Reuters report.
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2. Amazon’s AI assistant is introduced; experts ask questions
Amazon is steadily rolling out Rufus, an artificial intelligence assistant, but experts are concerned about the secrets of its algorithm. Wedbush Securities analyst Michael Pachter said Amazon would lose potential revenue if it did not allow advertisers access to Rufus. Pachter said, “Advertising drives retail, and Amazon is no different — why do you think they make tens of billions of dollars a year from advertising,” according to a Reuters report.
3. HP Specter x360 laptop launched with AI features
HP finally launched the AI powered Specter x360 laptops in India today. The laptops come in two sizes: 14-inch and 16-inch, and are powered by Intel Core Ultra 7 processors with Neural Processing Unit (NPU) for AI capabilities. HP says these are the world’s most adaptive PCs because they can handle AI tasks alongside the CPU and GPU. According to a CNBC report, the HP Specter x360 laptops are priced at Rs 164,999.
4. Researchers used artificial intelligence to read a 2,000-year-old scroll buried by the eruption of Vesuvius
In shocking news, a team of three researchers used artificial intelligence technology to read a 2,000-year-old scroll buried by the eruption of Vesuvius. Investigators were awarded a $700,000 reward for solving the mystery. The three researchers were Youssef Nader, a doctoral student in Berlin, Luke Farritor, a student and SpaceX intern from Nebraska, and Julian Schilliger, a Swiss robotics student, as reported by Phsy.org.
5. Cisco and NVIDIA deliver AI infrastructure solutions for businesses
Today, both leading technology companies, Cisco and NVIDIA, announced their collaboration to build AI infrastructure solutions. This will help companies build their own AI services and join the competition of leading technology. Chuck Robbins, chairman and CEO of Cisco, said, “Consolidating our strong partnership with NVIDIA equips enterprises with the technology and expertise they need to build, deploy, manage and secure AI solutions at scale.” According to the press release.
Also read these top stories today:
Deepfakes on the rise! A Hong Kong finance worker transferred more than $25 million to fraudsters after they posed as his colleagues in a video call, in what may be the largest known corporate fraud using deep-fake technology to date. Learn how to identify deep fakes here.
Meta called to reconsider its policy! The Supervisory Board has criticized Facebook owner Meta’s policies regarding manipulated media as “inconsistent” and insufficient. Dive here.
Technical layoffs continue! The technology industry has started 2024 with a new wave of job cuts, which shrank even more after last year’s extensive layoffs. So far, around 32,000 technology workers have lost their jobs in 2024. Read more here.