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Stanhope AI, a company leveraging decades of neuroscience research to train machines in human-like decision-making, has successfully secured £2.3 million in seed funding, primarily from the UCL Technology Fund. This funding round also saw participation from the Creator Fund, MMC Ventures, Moonfire Ventures, Rockmount Capital, and prominent angel investors. Founded as a spinoff from University…
Samsung Enhances On-Device AI with LPDDR5X DRAM Samsung has introduced the industry’s pioneering LPDDR5X DRAM, achieving speeds of up to 10.7 Gbps, which sets a significant new standard in memory technology. This advancement is made possible by utilizing state-of-the-art 12 nanometer process technology, allowing Samsung to achieve exceptional performance metrics alongside the smallest chip size…
SAS Aims to Make AI Accessible Regardless of Skill Set with Packaged AI Models SAS, a leader in data and AI solutions, has recently introduced what it describes as a “revolutionary approach” for organizations looking to address business challenges effectively. The company is presenting lightweight, industry-specific AI models designed for individual licenses, aiming to provide…
Intel’s Aurora Achieves Exascale to Become the Fastest AI System Intel, in collaboration with Argonne National Laboratory and Hewlett Packard Enterprise (HPE), has announced that its Aurora supercomputer has surpassed the exascale computing threshold by reaching speeds of 1.012 exaflops, establishing itself as the fastest AI-focused system. Ogi Brkic, Intel’s VP and GM of Data…
OpenAI Unveils GPT-4o: A Breakthrough in Human-Like AI Interaction OpenAI has introduced its latest flagship model, GPT-4o, which integrates text, audio, and visual inputs and outputs to enhance the naturalness of machine interactions. The “o” in GPT-4o stands for “omni,” indicating its capacity to handle a wide range of input and output modalities. According to…
Google Introduces Advancements in AI with Gemini Google has launched several updates to its AI suite, spotlighting the debut of Gemini 1.5 Flash, enhancements to Gemini 1.5 Pro, and progress on Project Astra, which envisions the future of AI assistants. Gemini 1.5 Flash is designed to outperform its predecessors in speed and efficiency, making it…
Intelligent Automation as a Strategic Advantage Intelligent automation (IA) technologies are evolving from mere operational tools to become key strategic assets for organizations, making significant impacts on their financial outcomes. A recent study by SS&C Blue Prism, conducted by Forrester Consulting, highlighted substantial benefits realized by a composite organization from implementing IA solutions over a…
Is AI Set to Transform the Gambling Industry? Artificial Intelligence has undeniably brought significant changes to our world, with ongoing discussions about its future impacts in various sectors. Among those keenly interested are casino enthusiasts, eager to understand how AI will shape their gaming experiences. The Current Role of AI in Gambling AI is already…
Microsoft Launches New AI-Enabled Copilot+ PCs Microsoft has introduced a groundbreaking line of personal computers equipped with advanced AI capabilities, affirming its commitment to embracing innovative technology across its product offerings. This new series not only enhances Microsoft’s competitive edge but also directly positions it against AI-driven advancements from industry leaders such as Alphabet and…
Amazon is reportedly in the process of developing software for humanoid robots that could potentially take on the role of delivery workers, capable of “springing out” from delivery vans. The technology giant, valued at $2 trillion (£1.47 trillion), is establishing a “humanoid park” in the U.S. for these robots to undergo testing, according to a…