Key Points There's a whole world of stocks beyond flashy AI names such as Nvidia for investors looking to ride the latest tech wave, according to investment firm Fidelity International These indirect AI plays include semiconductor foundries, packaging technology companies and memory companies, the investment firm said in a report Wednesday. "Rather than focusing on so-called hot AI stocks because names that are big today may not be the winners of tomorrow investors may consider the many indirect beneficiaries, or diversified businesses, where the benefits of AI may not be immediately obvious to investors," Fidelity said in its report Continue reading →

Photo: Rick Kern/Getty Images for Vox Media (Getty Images) Silicon Valleys richest nerds seem dead certain that AI will make our world a better place. Not everyone is so convinced, however. At SXSW this week, a sizzle reel that featured conference panelists talking effusively about the new technology was roundly booed by disgusted audience members Continue reading →

This week a startup called Cognition AI caused a bit of a stir by releasing a demo showing an artificial intelligence program called Devin performing work usually done by well-paid software engineers. Continue reading →

Big companies have invested big bucks in recent years into software designed to automate routine back office tasks, many of which involve simply cutting and pasting data from one software application to another or using drop down menus to populate database fields. Continue reading →

Officials in the Pentagons Chief Digital and Artificial Intelligence Office are preparing for their nascent hubs first permanent leader Craig Martell to depart from his post on April 15, DefenseScoop has learned. The Defense Department made a lot of buzz around hiring Martell in early 2022, when he opted to resign from his role as head of machine learning for Silicon Valley rideshare company Lyft to take the helm as the CDAOs first chief. According to several current and former DOD officials who spoke to DefenseScoop on the condition of anonymity, Martells planned exit from the CDAO is imminent and he and the rest of the leadership team are currently getting set for a period of transition Continue reading →

When generative AI tools like ChatGPT first came out, Autumn Melcers team of copywriters and graphic designers flirted with the technology,even though many of them were scared by it. Melcer also had mixed feelings. But she knew it was time to get into a more committed relationship with artificial intelligence when she spotted a competitor agency trumpeting how they use it in a blog post. Continue reading →

European regulators want to question Big Tech firms about potential threats of generative artificial intelligence (AI). To that end, the European Commission (EC) has sent requests under the Digital Services Act (DSA) to Microsoft, Alphabet, Meta, X, Snapchat and TikTok on their handling of such risks, according to a Thursday (March 14) press release. The commission wants these companies to provide information on their mitigation measures for risks such as so-calledhallucinationswhere AI provides false information, the viral dissemination of deepfakes and the automated manipulation of services that can mislead voters Continue reading →