Remove AI Development Remove AI Research Remove Events
article thumbnail

The exponential expenses of AI development

AI News

This dichotomy has led Bloomberg to aptly dub AI development a “huge money pit,” highlighting the complex economic reality behind today’s AI revolution. At the heart of this financial problem lies a relentless push for bigger, more sophisticated AI models.

article thumbnail

AI News Weekly - Issue #408: Google's Nobel prize winners stir debate over AI research - Oct 10th 2024

AI Weekly

Join the AI conversation and transform your advertising strategy with AI weekly sponsorship aiweekly.co reuters.com Sponsor Personalize your newsletter about AI Choose only the topics you care about, get the latest insights vetted from the top experts online! Department of Justice. politico.eu politico.eu

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Biden issues executive order to ensure responsible AI development

AI News

A report on AI’s potential labour-market impacts will be produced, identifying options for strengthening federal support for workers facing labour disruptions due to AI. Check out AI & Big Data Expo taking place in Amsterdam, California, and London.

article thumbnail

Ramprakash Ramamoorthy, Head of AI Research at ManageEngine – Interview Series

Unite.AI

Ramprakash Ramamoorthy, is the Head of AI Research at ManageEngine , the enterprise IT management division of Zoho Corp. As the director of AI Research at Zoho & ManageEngine, what does your average workday look like? An important aspect of this future is the responsibility of AI developers.

article thumbnail

UK backs smaller AI projects while scrapping major investments

AI News

These include £800 million for the development of a state-of-the-art exascale supercomputer at Edinburgh University and a further £500 million for AI Research Resource, which provides crucial computing power for AI research. Check out AI & Big Data Expo taking place in Amsterdam, California, and London.

Big Data 268
article thumbnail

Elon Musk sues OpenAI over alleged breach of nonprofit agreement

AI News

Founded in 2015 as a nonprofit AI research lab, OpenAI transitioned into a commercial entity in 2020. Musk, who has long voiced concerns about the risks posed by AI, has called for robust government regulation and responsible AI development.

OpenAI 255
article thumbnail

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

AI News

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. These trends highlight the growing tension between rapid AI development and environmental sustainability in the tech sector.

Big Data 270