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AI

US lawmakers seek to protect homegrown AI technology from rival nations
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17 May, 2024

US lawmakers seek to protect homegrown AI technology from rival nations

The proposed bill would give the Commerce Department's Bureau of Industry and Security the authority to use export controls on...
Softbank’s Arm new AI chips ready by 2025, aims to become an AI powerhouse
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17 May, 2024

Softbank’s Arm new AI chips ready by 2025, aims to become an AI powerhouse

Arm’s plans to establish a dedicated semiconductor unit with artificial intelligence experts from a global talent pool to spearhead the...
Apple close to finalizing OpenAI deal to power iPhone’s AI capabilities: report
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16 May, 2024

Apple close to finalizing OpenAI deal to power iPhone’s AI capabilities: report

Apple is also in talks with Google to leverage Gemini on the upcoming iOS, with both OpenAI and Google set...
AI software market to reach $678B by 2028, North America leading charge: report
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16 May, 2024

AI software market to reach $678B by 2028, North America leading charge: report

A Business Research Company report cited that the market capitalization for AI software could climb as high as $678 billion...
Google DeepMind’s third iteration to assist scientists with drug synthesis, disease prediction
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16 May, 2024

Google DeepMind’s third iteration to assist scientists with drug synthesis, disease prediction

Google DeepMind is making headways in the pharmaceutical and healthcare sectors with its AlphaFold, an AI model that would reduce...
AI spending takes up 10% of IT budgets of big tech firms: research
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15 May, 2024

AI spending takes up 10% of IT budgets of big tech firms: research

Big tech firms are on course to allocate up to 10% of their annual budget to AI, but AI spending...
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