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Elon Musk’s xAI raises $6 billion to develop artificial intelligence

A group of investors will put up $6 billion (€5.5 billion) to fund development of artificial intelligence by Elon Musk’s xAI. The company said on...

Samsung reports 10-fold increase in profit as AI drives rebound for memory chips

Samsung Electronics reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence (AI) technologies drives a rebound...

Cisco Systems joins Vatican pledge to ensure ethical use and development of AI

Tech giant Cisco Systems has joined Microsoft and IBM in signing on to a Vatican-sponsored pledge to ensure artificial intelligence is developed and used...

Microsoft invests $1.5bn in Abu Dhabi-based AI firm G42

Microsoft is investing $1.5 billion (€1.4 billion) in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national...

YouTube creators will have to disclose use of generative AI in videos

YouTube is rolling out new rules for AI content, including a requirement that creators reveal whether they have used generative artificial intelligence to make...

Microsoft reports 20.1 billion dollar quarterly profit and pledges to lead on AI

Microsoft on Tuesday reported fiscal fourth-quarter profit of 20.1 billion dollars (£15.6 billion), or 2.69 dollars (£2.09) per share, beating analyst expectations for 2.55...

Michael Schumacher’s family plans legal action over ‘fake AI interview’

The family of Michael Schumacher plans to take legal action against a German magazine for publishing what it claimed to be an artificial intelligence-generated...

One in five would trust AI over politicians in Brexit negotiations – report

More than a fifth of Britons would trust artificial intelligence (AI) to better handle political negotiations – including Brexit – over human politicians, new...

Scientists use AI in quest to uncover new antibiotic

Scientists have used artificial intelligence to help them uncover new types of antibiotic in the face of growing concerns about resistance to the drugs. A...

AI must be regulated, Google boss says

Artificial intelligence is “too important” not to be regulated because of the damage it could cause if left unchecked, the boss of Google has...

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