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Microsoft is quadrupling its AI and cloud investment in Spain

AI News

billion to the national GDP and help to generate 69,000 jobs from 2026 to 2030. It revolves around four key action points: Extension of AI in public administration: Efforts will be directed towards modernising administrative processes and equipping officials with AI tools to boost efficiency.

Big Data 221
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Microsoft AI opens London hub to access ‘enormous pool’ of talent

AI News

However, the new dedicated Microsoft AI London hub signals the company’s increased commitment to advancing the field in Britain. The UK has phenomenal AI talent and a long established culture of responsible AI development. Today I’m proud to be opening a new office: Microsoft AI London. We’re hiring!

Big Data 238
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AI Bias & Cultural Stereotypes: Effects, Limitations, & Mitigation

Unite.AI

Training Bias: AI relies on historical data that can contain all sorts of discriminatory samples. How to Reduce Bias in AI Models Experts estimate that by 2026, 90% of the online content could be synthetically generated. Hence, it is vital to rapidly minimize issues present in Generative AI technologies.

AI 278
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GPU Data Centers Strain Power Grids: Balancing AI Innovation and Energy Consumption

Unite.AI

The Dual Influence of AI on Data Center Power and Sustainability According to the International Energy Agency (IEA), data centers consumed approximately 460 terawatt-hours (TWh) of electricity globally in 2022 and are expected to surpass 1,000 TWh by 2026. Recently, AI has been transforming data centers and changing how they operate.

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Microsoft Announces New AI Hub in London

ODSC - Open Data Science

As we saw with the new partnership between the United States and the United Kingdom , there is a strong commitment to contributing to the country’s AI advancement, innovation, and economic growth from the government.

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EU Moves Forward With New Rules for AI

ODSC - Open Data Science

Currently, the AI Act isn’t expected to become law until sometime in 2025 or 2026. For example, the United States is still in the early stages of developing governing rules for AI. In Asia, China has already moved forward with its own rules governing AI. South Korea and Japan are following suit as well.

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Establishing an AI/ML center of excellence

AWS Machine Learning Blog

According to a McKinsey study , across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits. As maintained by Gartner , more than 80% of enterprises will have AI deployed by 2026.

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