IBM has launched the IBM z17, a new mainframe designed to enhance AI adoption across industries. This system, powered by the IBM Telum II processor,…
Retaining top AI talent is becoming increasingly difficult due to intense competition among major players like Google and OpenAI. Google’s AI division, DeepMind, has introduced…
Amazon has upgraded its AI video model, Nova Reel, allowing it to generate videos up to two minutes long, enhancing its competitiveness in the generative…
Stanford’s annual AI Index Report offers essential insights for enterprise IT decision-makers about the evolving AI landscape. Key highlights include a notable increase in AI…
Shopify CEO Tobi Lütke announced a policy requiring teams to justify their need for additional headcount and resources by demonstrating why tasks cannot be accomplished…
Los Angeles startup Moonvalley is disrupting the AI video creation market with a recent $43 million fundraising round, following its initial $70 million in seed…
IBM has acquired Hakkoda, a New York-based data and AI consultancy, to enhance its consulting capabilities in sectors like financial services, healthcare, and the public…
The Bank for International Settlements (BIS) has launched Project AISE (Artificial Intelligence Supervisory Enhancer) to transform financial regulation amid the growing FinTech sector. This initiative…
OpenAI is reportedly in talks to acquire io Products, an AI hardware startup founded by former Apple design lead Jony Ive, for approximately $500 million.…
Metro Bank has partnered with AI scam detection firm Ask Silver, becoming the UK’s first bank to implement advanced technology to combat financial fraud. This…