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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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UMG files landmark lawsuit against AI developer Anthropic

AI News

Universal Music Group (UMG) has filed a lawsuit against Anthropic , the developer of Claude AI. This landmark case represents the first major legal battle where the music industry confronts an AI developer head-on. This latest lawsuit follows a string of legal battles between AI developers and creators.

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Biden issues executive order to ensure responsible AI development

AI News

(Photo by David Everett Strickler on Unsplash ) See also: UK paper highlights AI risks ahead of global Safety Summit Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London.

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ITN to explore how AI can be a force for good at the AI & Big Data Expo this November

AI News

From healthcare advancements and environmental sustainability to enhanced defence and security and the importance of ethical and responsible AI development, ITN Business will explore AI’s transformative capabilities that are creating a positive impact in news-style programme ‘ AI & Big Data: A Force for Good ’. ‘

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CMA sets out principles for responsible AI development 

AI News

(Photo by JESHOOTS.COM on Unsplash ) See also: UK to pitch AI’s potential for international development at UN Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London.

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Alibaba Cloud unleashes over 100 open-source AI models

AI News

The company also launched an AI Developer, a Qwen-powered AI assistant designed to support programmers in automating tasks such as requirement analysis, code programming, and bug identification and fixing. To support these AI advancements, Alibaba Cloud has announced several infrastructure upgrades, including: CUBE DC 5.0,

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Amazon partners with Anthropic to enhance Alexa

AI News

It is also worth noting that the involved AI developer, OpenAI, is affiliated with major technology companies like Apple and Microsoft in developing AI technologies. See also: Amazon strives to outpace Nvidia with cheaper, faster AI chips Want to learn more about AI and big data from industry leaders?

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