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Author Archives: Ali Azhar

Ali Azhar

AI Companies Will Be Required to Report Safety Tests to U.S. Government

February 8th, 2024 Comments Off on AI Companies Will Be Required to Report Safety Tests to U.S. Government
The Biden Administration has decided to apply new AI regulations, where all developers of major AI systems will be required to disclose their safety test results to the government. As part of these new rules, tech companies will be ...

New AI Patent Study Shows IBM Leads Google and Microsoft in GenAI Race

February 7th, 2024 Comments Off on New AI Patent Study Shows IBM Leads Google and Microsoft in GenAI Race
The meteoric rise of artificial intelligence over the last year has sent tech companies scrambling to find new ways to develop and deploy AI technology in their products and processes. Companies that have developed or are in the process ...

Appen Suffers Major Blow as Google Terminates Multi-Million Dollar Contract

January 29th, 2024 Comments Off on Appen Suffers Major Blow as Google Terminates Multi-Million Dollar Contract
In a significant development, Google has terminated its multi-million dollar contract with Appen, an Australian data company involved in training large language model AI tools used in several Google products including Search and Bard. Appen has also helped Amazon, ...

Oracle Extends AI Across Its Stack With New GenAI Cloud Features

January 24th, 2024 Comments Off on Oracle Extends AI Across Its Stack With New GenAI Cloud Features
Organizations are struggling to find ways to deliver GenAI successfully. The key challenges to GenAI deployment include difficulty in integrating GenAI solutions with the existing tech stack and customizing the LLMs to meet the requirements of internal operations. Oracle, ...

Global IT Spending Forecast: Gartner Predicts 6.8 Percent Growth in 2024

January 23rd, 2024 Comments Off on Global IT Spending Forecast: Gartner Predicts 6.8 Percent Growth in 2024
While the tech industry is grappling with layoffs, there is no lack of IT spending. The worldwide spending on IT is expected to reach $5 trillion in 2024 marking a jump of 6.8 percent from 2023, according to a ...

Sopra Steria Next Forecasts GenAI Market to Be Worth $100B by 2028

January 17th, 2024 Comments Off on Sopra Steria Next Forecasts GenAI Market to Be Worth $100B by 2028
The rise of generative article intelligence (GenAI) has taken the world by storm in 2023.  While organizations have taken a keen interest in deploying GenAI technology, it has remained a relatively limited market so far.  Sopra Steria Next, a ...

Consumer Watchdog Report: Wall Street AI Could Cause Financial Crisis

January 17th, 2024 Comments Off on Consumer Watchdog Report: Wall Street AI Could Cause Financial Crisis
The impact of AI has rippled through virtually every aspect of the business world, and the financial industry is no exception. Organizations in the financial sector are expected to experience seismic shifts from the transformative forces of AI. Wall ...

IBM Report Highlights Consumer Interest in AI-Driven Shopping

January 16th, 2024 Comments Off on IBM Report Highlights Consumer Interest in AI-Driven Shopping
The retail industry is facing mounting pressure from the economic headwinds and evolving consumer expectations. To better understand the widening gap between shopper demands and the current retail offering, IBM has conducted a global study on this matter.  IBM ...

Perplexity AI Raises $74M to Take Valuation to $520M

January 5th, 2024 Comments Off on Perplexity AI Raises $74M to Take Valuation to $520M
Google and a few others have been dominant in the search engine space for years, but with the recent advancement of GenAI technology, the competitive landscape is set to be disrupted.  Perplexity AI, a search engine startup, is taking ...

Intel Launches Enterprise GenAI Company: Articul8

January 3rd, 2024 Comments Off on Intel Launches Enterprise GenAI Company: Articul8
Intel and DigitalBridge, a global investment firm, launched an independent generative artificial intelligence (GenAI) company named Articul8. The platform offers enterprise customers a full-stack, vertically-optimized, secure GenAI platform. Customers have the flexibility to choose between cloud, on-premises, or hybrid deployment ...
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