AI ‘trading bots’ are software programs that use artificial intelligence (AI) to analyse market data, generate trading signals, and execute trades automatically. ‘I meant Artificial Intelligence Investing not ‘Alien’ Investing (AI)’ AI trading bots are becoming more popular among investors who want to take advantage of the speed, accuracy, andRead More →
Microsoft’s market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% and hit around $404 per share. The stock lost some ground throughout the day to close at: $402 per share. The achievement comes nearly two weeks after Microsoft eclipsed Apple as the world’s most valuable public companyRead More →
That’s reassuring then, and they are creating it Leaders at some of the world’s leading artificial intelligence (AI) companies are expecting a form of AI on a par with, or even exceeding human intelligence to arrive sometime in the near future. But what it will eventually look like and howRead More →
The Magnificent Seven is a term coined to describe the seven most valuable and popularly owned tech companies in the U.S. stock market. It was also a 1960’s movie… The Seven Apple (AAPL) The world’s largest software company, known for its iPhone, iPad, Mac, Apple Watch, AirPods, and other devices, asRead More →
The UK Supreme Court has upheld earlier decisions to reject a bid to allow an artificial intelligence to be named as an inventor in a patent application. Dr Stephen Thaler (an ‘inventor’), had sought to have his AI, called Dabus, recognised as the inventor of a food container and aRead More →
European Union officials have reached a provisional deal on the world’s first comprehensive laws to regulate the use of artificial intelligence (AI). The EU agreed guidelines around AI in systems like ChatGPT and facial recognition. The European Parliament will vote on the AI Act proposals early next year, but anyRead More →
Pressure mounts on the Google to demonstrate how it plans monetize AI. Google has launched its largest and most capable (by its own admission) artificial intelligence (AI) model on Wednesday 6th December 2023 pressure mounts on the company to answer how it’ll monetize AI. Gemini The large language model Gemini willRead More →
X.AI, Elon Musk’s artificial intelligence (AI) startup, has filed with the SEC to raise up to $1 billion in an equity offering. The company has already raised nearly $135 million with the first round on 29th November 2023 according to the filing. The AI startup, which Musk announced in July 2023,Read More →
Amazon Web Services (AWS) announced Trainium2, a chip for training artificial intelligence (AI) models, and it will also offer access to Nvidia’s next-generation H200 Tensor Core graphics processing units. Amazon’s AWS cloud department of the encompassing Amazon empire has announced new chips for customers to build and run artificial intelligenceRead More →
Some of the main takeaways from the chancellor’s autumn statement November 2023 National Insurance rate cut from 12% to 10% from 6 January, affecting 27 million people. The 75% business rates discount for retail, hospitality and leisure firms in England extended for another year. Class 2 National Insurance – paidRead More →
Too much power for too few Tech execs have expressed concern that the development of artificial intelligence (AI) is concentrated in the hands of too few companies, potentially giving them too much power. OpenAI’s ChatGPT marked the start of what many in the industry have called an AI arms race,Read More →
Microsoft is working on its own artificial intelligence chip, code-named Athena, that could compete with Nvidia’s products. The company introduced two new microchips. The first, its Maia 100 artificial intelligence chip, could compete with Nvidia’s highly sought-after AI graphics processing units. The second, a Cobalt 100 Arm chip, is aimed at generalRead More →
Microsoft ended Tuesday’s trading session at a record high of $360.53, following fresh optimism about growth from a key partner in artificial intelligence (AI). The increase gives the company a market value of about $2.68 trillion. At a tech event on Monday 6th November 2023, Microsoft’s AI partner, OpenAI, announced aRead More →
In a world first, it was recently reported that artificial intelligence (AI) demonstrated the ability to negotiate a contract autonomously with another artificial intelligence without any human involvement. Luminance at its London headquarters, demonstrated its AI, called Autopilot, negotiating a non-disclosure agreement in a matter of minutes. It marks theRead More →
As OpenAI ChatGPT continue to take the AI world by storm, others play catch-up. Aleph Alpha, which has built its own large language models, raised $500 million backed by Bosch, SAP and Hewlett Packard Enterprise. It is reported that Aleph Alpha will use the new funds to invest in researchRead More →
Definition Grok is a neologism (a newly coined word or expression), referenced by Robert A. Heinlein for his 1961 science fiction novel Stranger in a Strange Land. It means to understand something so deeply that you become one with it. Grok is a term used in computer programming to mean toRead More →
The UK supercomputer project is a major initiative by the UK government to boost the country’s capabilities in artificial intelligence, weather forecasting, climate research and other highly important scientific research projects. The project involves building and connecting two new supercomputers across the UK: Isambard-AI and Dawn. Isambard-AI will be theRead More →
The White House has announced what it is calling ‘the most significant actions ever taken by any government to advance the field of AI safety’. Oh really! Coincidence or deliberate attempt to undermine the UK AI safety drive? This news comes as the UK draws attention hosting a UK ledRead More →
Apple and generative AI technology is a topic that has been generating a lot of interest and speculation lately. According to various reports, Apple is working on developing its own large language model and chatbot, which could potentially enhance its products and services with new features and capabilities. However, someRead More →
The U.S. reportedly announced new restrictions on exports of advanced chips to China, including two made-for-China chips from Nvidia. U.S. chip stocks fell as the curbs also hit Advanced Micro Devices and Intel. Loopholes The curbs are aimed at closing loopholes that became apparent after the U.S. announced export curbs on microchipsRead More →
Meta has announced a series of new chatbots to be used in its Messenger service. Charming The chatbots will have ‘personality’ and specialise in certain subjects, like holidays, and cooking. Let’s hope they haven’t been modelled on the company boss then. It is the latest attempt in a chatbot ‘chat’Read More →
What are Luddites? Luddites were a group of workers who protested against the use of machinery that threatened their livelihoods in the early 19th century in Britain. They were not opposed to technology in general, but to the specific machines that were ‘taking away their livelihoods’. They attacked factories and smashedRead More →
I can see and hear and speak… OpenAI’s ChatGPT can now ‘see, hear and speak,’ or, at least, understand spoken words, respond with a synthetic voice and process images, the company announced Monday 25th September 2023. The update to the chatbot OpenAI’s biggest since the introduction of GPT-4, allows users to opt intoRead More →
E-commerce conglomerate Amazon announced on Monday 25th September 2023 that it will invest up to $4 billion in artificial intelligence (AI) firm Anthropic, a rival to ChatGPT developer OpenAI, and take a minority ownership position in the company. The move further enforces Amazon’s aggressive AI push as it aims toRead More →
Reports suggest as much as $3 trillion is waiting on the sidelines to be invested in tech’. AI FOMO The reasoning is that AI is driving a fear of missing out (FOMO). We could very well be experiencing the fourth industrial revolution right now, and it is AI-driven. Strategically, companiesRead More →
Tech’ investor and disruptor Cathie Wood is an American investor and the founder, CEO and CIO of ARK Invest, an investment management firm that focuses on disruptive innovation. She is known for her bullish views on Tesla, DeepMind, and many other AI companies. DeepMind and Tesla Cathie Wood is a fanRead More →