Analyst firm CCS Insight predicts that the hype around generative AI will face a reality check in 2024 due to escalating costs, calls for regulation, and the complexity of deploying such models. The post Will Generative AI Hype and Investments Get Washed Away in a ‘Cold Shower?’ appeared first on BeInCrypto.
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AustralianSuper, Australia's largest pension fund, is investing $1.6 billion in Vantage Data Centers, a company valued at $11 billion with twelve data centers across Europe. The post Australia’s Largest Pension Fund Bets Big on AI appeared first on BeInCrypto.
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Amid Nvidia's staggering 211% growth, concerns rise over its financial dealings. With ties reminiscent of past market bubbles, caution is advised, especially as Nvidia's CEO Jensen Huang offloads significant shares. The post Experts Suggest Nvidia Could Collapse Like Crypto Exchange FTX appeared first on BeInCrypto.
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ChatGPT's usage has fallen for three consecutive months, with competitors like Google's Bard and Gemini AI models and Tencent's Hunyuan gaining traction. Despite the decline, US usage slightly increased in August. The post ChatGPT Usage Shrinks for Third Straight Month as Competitors Gobble Market Share appeared first on BeInCrypto.
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Ghostwriter, an anonymous music creator, uses AI to mimic pop icons in AI-generated songs, sparking debates on AI's role in music and intellectual property rights. "Heart on My Sleeve" is now Grammy-nominated, signifying a shift in industry acceptance. The post AI-Generated Song Mimicking Drake May Get Grammy Nod appeared first on BeInCrypto.
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Former Google software staffer raises $100 million to for company creating AI-synthesized mRNA drugs. The post Former Google Employee Raises $100 Million to Bring AI to Big Pharma appeared first on BeInCrypto.
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Microsoft Research has developed a set of four AI compilers aimed at radically improving computational efficiency, memory usage, and control flow in AI models, potentially reshaping AI compilation. The post Microsoft Unveils AI Tools to Improve Computational Efficiency and Memory Use appeared first on BeInCrypto.
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DeepMind co-founder Mustafa Suleyman argues the US should disincentivize the develoment of unethical AI by restricting the supply of advanced chips. The post DeepMind Co-founder Says US Should Enforce Ethical AI Standards appeared first on BeInCrypto.
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The UK Committee in charge of culture and media has called on the government to preserve the creative industry by limiting AI's reach. The post UK MPs Call for Fairer AI Rules to Prevent Exploitation of the Creative Industry appeared first on BeInCrypto.
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Former file-sharing platform LimeWire promises artists will be apid for content used in AI creations. The post LimeWire Builds New Polygon AI Platform That Promises to Pay Artists Their Dues appeared first on BeInCrypto.