artifical intelligence

Even with the Federal Reserve poised to end all hopes of a March rate cut on Wednesday, the S&P 500 index remains at record levels. Adam Kobeissi, author of The Kobeissi Letter on X said on Tuesday: “Even as three interest rate cuts were removed from market forecasts, the S&P 500 is...

The stage could be becoming set for a bidding war for TikTok if legislation is passed in the U.S. requiring the social media platform’s Chinese owner, ByteDance, to sell the company. The House of Representatives on Wednesday voted in favor of a bill that would force ByteDance to either sell...

Is there a Cold War-style gap opening up between the U.S. and China over their respective generative artificial intelligence (GenAI) capabilities? Both countries have witnessed billions of dollars of investment, with funding from corporate, governmental and institutional investors, driving...

Spectral AI, Inc. (NASDAQ:MDAI) shares are trading higher Tuesday after the company announced a new U.S. government contract to provide additional support for the development of the handheld version of its DeepView Wound Imaging System. The Details: The contract is with the Defense Health Agency...

The United States military has confirmed its use of artificial intelligence (AI) to identify targets in recent air strikes across the Middle East. This acknowledgment underscores the increasingly integral role of machine learning algorithms in combat operations, offering a glimpse into the future...

Cathie Wood-led Ark Invest bolstered its portfolio by purchasing over $11 million worth of Tesla Inc (NASDAQ:TSLA) shares, marking a significant vote of confidence in the electric vehicle giant amidst a fluctuating market. This acquisition comes on the heels of recent developments that saw Ark...

In an era where artificial intelligence (AI) is reshaping the very fabric of business and consumer engagement, the ‘AI Revolution: 2024 Portfolio Building‘ webinar emerged as a beacon of insight. Jeremy Barnett, CEO of RAD AI, and Dr. Alex Wissner-Gross, a prominent AI academic,...

Artificial Intelligence (AI) was one of the major themes of 2023, wowing investors with increasingly innovative use cases and capturing headlines with demonstrations of how it will become a disruptive force in global industry. In 2024, however, it’s likely the technology will have to start...

As Apple Inc. (NASDAQ:AAPL) grapples with innovation challenges, a recent report suggesting a potential collaboration between former Apple employees and an AI pioneer to develop an AI hardware device is causing a stir in Cupertino. An Apple analyst, however, dismisses any...

The 2023 year continues to see increased use cases and rising interest in artificial intelligence (AI). Among the new use cases for AI could be helping with the annual burden of filing taxes. What Happened: More companies are looking for ways to utilize AI to help with operations. Leading tax...

The financial services industry has seen some ground-breaking changes in the past year, with fintech innovations driving the sector forward and fast-paced developments in artificial intelligence. Participants in the fintech sector expect 2024 to be another transformative year as further investment...

Artificial Intelligence is likely to be adopted in the coming years across all major industry sectors, but it’s the banking industry that analysts believe has the most to gain. While banks are likely less attractive places of employment for AI technologists than developers such as Amazon.com...

Before his sacking as CEO of OpenAI last week — and reinstatement this week — could Sam Altman have been working on an artificial intelligence system so powerful it might threaten the safety of humankind? It sounds like a horror story worthy of Skynet — the AI system in the Terminator films that...

A new twist to the drama surrounding OpenAI emerged on Tuesday after reports suggested the company’s board is in discussions with ousted co-founder and former CEO Sam Altman about a possible return. Citing sources with knowledge of the matter, Bloomberg reported discussions are underway...

In a recent turn of events, Open AI’s co-founder Sam Altman and President Greg Brockman will now lead a new advanced AI research team at Microsoft Corp. (NASDAQ:MSFT) following their ouster from OpenAI and the board’s refusal to bring them back....