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A new decentralised AI ecosystem and its implications

AI News

Researchers have stated that by 2034, the AI sector’s cumulative valuation may reach $3.6 The healthcare sector has already integrated AI-based diagnostic tools, with 38% of today’s major medical providers using the technology. The financial sector is also expecting AI to contribute approximately $15.7

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UK forms AI Energy Council to align growth and sustainability goals

AI News

The UK government has announced the first meeting of a new AI Energy Council aimed at ensuring the nation’s AI and clean energy goals work in tandem to drive economic growth. Concerns surrounding the substantial energy requirements of AI data centres are a global challenge.

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The hidden climate cost of AI: How tech giants are struggling to go green

AI News

As AI takes centre stage in Silicon Valley, an inconvenient truth is emerging behind the scenes: AI has a massive carbon footprint. Microsoft revealed that its carbon emissions had surged nearly 30% since 2020, mainly due to the construction and operation of energy-hungry data centres needed to power its AI ambitions.

Big Data 341
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Synthetic Data: A Double-Edged Sword for the Future of AI

Unite.AI

The rapid growth of artificial intelligence (AI) has created an immense demand for data. Traditionally, organizations have relied on real-world datasuch as images, text, and audioto train AI models. However, as the availability of real-world data reaches its limits , synthetic data is emerging as a critical resource for AI development.

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Nscale to Invest $2.5 Billion in UK Data Centres, Powering Generative AI and Government Ambitions

Unite.AI

Nscale , a London-headquartered AI hyperscaler, has unveiled plans to invest an impressive $2.5billion (2billion) in the UKs data centre industry over the next three years. This major commitment is set to bolster the UK Governments AI Opportunities Action Plan and the countrys ambitions to become a global leader in generative AI.

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UK government outlines AI Safety Summit plans

AI News

The UK government has announced plans for the global AI Safety Summit on 1-2 November 2023. Jonathan Black and Matt Clifford – serving as the Prime Minister’s representatives for the AI Safety Summit – have also initiated discussions with various countries and frontier AI organisations. percent.

Big Data 339
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UK paper highlights AI risks ahead of global Safety Summit

AI News

The UK Government has unveiled a comprehensive paper addressing the capabilities and risks associated with frontier AI. UK Prime Minister Rishi Sunak has spoken today on the global responsibility to confront the risks highlighted in the report and harness AI’s potential.

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