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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.

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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.

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New AI training techniques aim to overcome current challenges

AI News

Addressing unexpected delays and complications in the development of larger, more powerful language models, these fresh techniques focus on human-like behaviour to teach algorithms to ‘think. New techniques may impact Nvidia’s market position, forcing the company to adapt its products to meet the evolving AI hardware demand.

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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

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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.

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

AI News

Microsoft has an existing AI research presence in the UK through its Microsoft Research lab in Cambridge. However, the new dedicated Microsoft AI London hub signals the company’s increased commitment to advancing the field in Britain. Today I’m proud to be opening a new office: Microsoft AI London.

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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.

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