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Meta’s AI strategy: Building for tomorrow, not immediate profits

AI News

Meta has signalled a long-term AI strategy that prioritises substantial investments over immediate revenue generation. During the company’s Q2 earnings call, CEO and founder Mark Zuckerberg outlined Meta’s vision for the future and emphasised the need for extensive computational resources to support their AI initiatives.

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Nicholas Brackney, Dell: How we leverage a four-pillar AI strategy

AI News

Dell is deeply embedded in the AI landscape, leveraging a comprehensive four-pillar strategy to integrate the technology across its products and services. Nicholas Brackney, Senior Consultant in Product Marketing at Dell, discussed the company’s AI initiatives ahead of AI & Big Data Expo North America.

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Elon Musk revives OpenAI legal battle with fresh allegations

AI News

This allegation, if proven true, could have far-reaching implications for the future of AI development and corporate partnerships in the tech industry. Photo by Jonathan Kemper ) See also: Meta’s AI strategy: Building for tomorrow, not immediate profits Want to learn more about AI and big data from industry leaders?

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UK backs smaller AI projects while scrapping major investments

AI News

There is no doubt that, if implemented successfully, AI has the ability to improve efficiencies, turbocharge innovation, and streamline operations across all sectors,” McConnell concludes. Check out AI & Big Data Expo taking place in Amsterdam, California, and London. billion funding cut looms large.

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‘UK AI Week in Bangkok’ showcases innovation and collaboration

AI News

Following the policy roundtable, an AI Week reception was held at the Ambassador’s Residence. The event, attended by UK experts, Thai government officials, and multilateral organisations like UNESCO, provided an opportunity to unveil the UK’s AI strategy and facilitate the establishment of new relationships between stakeholders.

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AI News Weekly - Issue #342: $1 billion gamble to ensure AI doesn’t destroy humanity - Jul 20th 2023

AI Weekly

vox.com ChatGPT Out-scores Medical Students on Complex Clinical Care Exam Questions A new study shows AI's capabilities at analyzing medical text and offering diagnoses — and forces a rethink of medical education. techtarget.com Applied use cases AI love: It's complicated Movies have hinted at humans falling for their AI chatbots.

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Tech executives confident in AI skills, but adoption barriers persist

AI News

Budget restrictions (41%), shortage of AI talent (38%), and technical complexity (35%) were cited as primary obstacles. Executives also expressed concerns about integration challenges (44%), cost and ROI uncertainty (42%), and data privacy and IP security (38%). This explains why many are investing despite the uncertainty about ROI.

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