Category Archives: Ai

Key Takeaways Accenture (ACN) shares rose Thursday after the consulting giant reported third-quarter results that saw profit beat estimates and artificial intelligence (AI)-related bookings surge. Accenture reported $16.47 billion in revenue for the quarter, down from $16.56 billion in the third quarter of 2023 and below the $16.55 billion analysts expected, according to estimates compiled by Visible Alpha. Net income attributable to the company beat estimates, however, with Accenture posting profit of $1.93 billion, or $3.04 per share, down from last year's $2.01 billion and $3.15 per share but better than the $1.91 billion and $3.01 per share analysts expected Continue reading →

Elon Musk claims Teslas new AI supercluster will grow to over 500 MW, making it one of, if not the biggest in the world. At the same time, the CEO claims Tesla is achieving some record-breaking performance with its next-en AI chip. Continue reading →

That concentration of power is uncomfortable for European governments. It makes European companies downstream customers of the future, importing the latest services and technology in exchange for money and data sent westward across the Atlantic. And these concerns have taken on a new urgencypartly because some in Brussels perceive a growing gap in values and beliefs between Silicon Valley and the median EU citizen and their elected representatives; and partly because AI looms large in the collective imagination as the engine of the next technological revolution Continue reading →

deepblue4you/Getty Images Even to the most casual observer, it's obvious that just every vendor in the software business is busy "AI-washing" their offerings to give the appearance of keeping up. For example, the term "AI" was mentioned at least 50 times on the earnings calls of 12 Standard & Poor 500 companies, according to research by FactSet. The information technology sector had the highest number (50) and percentage (91%) of companies citing "AI" on Q1 earnings calls. Continue reading →

Featured photo: Screenshot from Downtown GSOs promo video. Continue reading →

On Friday, I spoke to a group of trial lawyers on the use of generative AI in litigation. Many in the room were that increasingly rare breed of lawyer who actually go into court and try cases Continue reading →

Pity OpenAIs HR department. Since the start of the year the maker of ChatGPT, the hit artificial-intelligence (AI) chatbot, has lost about a dozen top researchers. The biggest name was Ilya Sutskever, a co-founder responsible for many of the startups big breakthroughs, who announced his resignation on May 14th. Continue reading →

Days before gadget reviewers weighed in on the Humane Ai Pin, a futuristic wearable device powered by artificial intelligence, the founders of the company gathered their employees and encouraged them to brace themselves. The reviews might be disappointing, they warned. Humanes founders, Bethany Bongiorno and Imran Chaudhri, were right Continue reading →

In a few hours, well learn what Apple has in mind for an AI-infused version of iPhone software. We expect AI to deliver quality-of-life improvements to iOS over the next year. Continue reading →

Posing a far greater challenge for AI researchers was the game of Diplomacya favorite of politicians like John F. Kennedy and Henry Kissinger Continue reading →