Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6 billion. The funding injection positions Mistral AI as a serious contender to Silicon Valley’s AI powerhouses, signaling a shift in...
The ability of artificial intelligence to transcribe conversations and categorize them by topic can save financial advisers 10 to 15 hours per week, Morgan Stanley CEO Ted Pick said Monday (June 10). The global financial services firm has seen this savings when using an AI...
Artificial intelligence agents have reportedly caught the attention of tech investors, leading to a surge in funding for startups focused on building them. The interest from tech investors highlights the potential of AI agents to transform industries and create new opportunities, CNBC reported Friday (June...
WhatsApp introduced artificial intelligence tools designed to help businesses use the app to sell products and services. The tools on the Meta-owned messaging and Voice over Internet Protocol (VoIP) app enable businesses to use AI to answer questions commonly asked by shoppers, to create ads...
For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. Self-driving vehicles, across commercial, personal and industrial use, have the potential to transform — and connect — nearly all facets of commerce and the digital economy. But with news reported...
In the hypercompetitive arena of artificial intelligence, Intel unveiled its latest gambit: the Xeon 6 processor. The next-generation AI chip, which debuted Tuesday (June 4) at Taiwan’s Computex tech conference in Taipei, promises a combination of enhanced performance and power efficiency to tackle the demands...
The United Arab Emirates reportedly hopes to deepen its artificial intelligence relationship with the United States. Omar Sultan Al Olama, the UAE’s AI minister, told the Financial Times (FT) in an interview published Tuesday (June 4) that a deal in which Microsoft purchased a $1.5...
Generative adversarial networks, or GANs, are revolutionizing the field of artificial intelligence, creating images, videos and audio that are increasingly difficult to distinguish from authentic content. As these AI-generated creations proliferate across the internet, society is grappling with the profound implications of a technology that...
The artificial intelligence chip race is heating up. In a bid to outpace rivals Nvidia and Intel, AMD unveiled a suite of cutting-edge AI chips at the Computex tech conference in Taipei Monday (June 3) CEO Lisa Su declared AI the company’s “No. 1 priority,”...
