Nvidia bets USD 13 billion on Hugging Face in push beyond AI chips
The acquisition gives Nvidia control of a major open-AI developer ecosystem as...
AI
Major shift in Microsoft’s financial reporting as Azure finds mention for first time
Azure had USD 29.4 billion in sales in its most recently ended...
AI’s rapid advance threatens global financial stability, says key watchdog
FSB Chair Andrew Bailey said AI systems were acquiring sophisticated problem-solving abilities...
AI effect? One in three British employers have cut entry-level jobs, says survey
As per the survey of Lancaster University's Work Foundation, almost half of...
FalconTST Model 2.0: Citi, HSBC, StanChart adopt Ant International’s forex AI tool
Ant Group has described the model as its most advanced tool so...
Google to buy Spirit Airlines’ business data for USD 10 million to train AI models
The news comes amid the bankrupt carrier selling off assets after shutting...
With 45% of its population adopting AI, Saudi’s tech strategy creates another milestone
Younger demographics emerged as the leading population base, with AI's adoption peaking...
Alphabet seeks up to USD 25 billion from bond sale as it doubles down on AI
The company is offering notes in as many as 10 parts, with...
Bank of Singapore, DBS take AI route to accelerate wealth client onboarding
Roughly 25%, or more than 100, of the bank's relationship managers have...
AI in Banking: The Bill Winters way versus a humane approach
The scale of planned workforce reductions across major institutions is significant, though...