Interesting Engineering: US regulator compels Aramco to divest Altman-backed AI chip startup
US is cracking down on foreign investment in AI technology.
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Artificial Intelligence
FN London: Investment banks get creative in ‘huge’ battle for AI talent
The ever increasing fight for AI talent in banking.
ITPro: European AI startups risk being “regulated out of existence” under EU AI act
Over regulation is always a danger.
Technology Review: Unpacking the hype around OpenAI’s rumored new Q* model
This overcomes one of the weaknesses in ChatGPT in the maths area – but still very early days.
News18: AI’s Impact On Banking Sector: Will It Completely Replace Humans?
Will AI completely replace human in the banking sector? I don’t think so.
Financial Review: Virgin Money plans $250m barricade against AI-powered cybercrime wave
AI and cybercrime will be a constant battle.
IT Pro: Over half of CEOs reallocating funds to drive generative AI adoption
A rush of investment into the generative AI area.
The Verge: Microsoft is finally making custom chips — and they’re all about AI
This was inevitable that companies like Microsoft will make custom chips that are optimised for AI and their cloud – expect to see more of this.
Yahoo: JPMorgan is Discussing its Generative AI Projects with Regulators
This is a key step on Generative AI projects.