According to CEO Arvind Krishna, International Business Machines (IBM) anticipates pausing employment hiring as approximately 7,800 positions may be eliminated by artificial intelligence (AI) in the upcoming years. According to Krishna, hiring in back-office areas like human resources will stop or slow down. He also predicted that in five years, automation and AI might replace…
Alphabet, the parent company of Google, reported a net profit of $15 billion in the first quarter of 2023, exceeding market estimates, indicating that the search engine powerhouse is finding its footing. The IT titan has been put under pressure as a result of a general downturn in advertising spending, over-hiring during a Covid-era boom,…
UAE-based Intelllia, a provider of analytical and strategic support for investment and finance institutions, and corporate business development teams, has launched an AI-powered vetting and project delivery platform for finance, strategy and public policy for its clients across emerging markets. teams. With its patented AI-driven analyst vetting, training, and quality control platform, Intellia provides on-demand,…
Since its release in November of last year, OpenAI’s ChatGP-3 has changed the game in a variety of industries. Now, the most recent upgrade to GPT-4, which has been trained on trillions of parameters, will undoubtedly improve this innovation’s functionality by offering functions that are sure to transform technology as we now know it. The…
Since its launch in November last year, the OpenAI developed ChatGPT language model has taken the world by storm. Its use of deep learning techniques to understand language and generate responses based on the input it receives has pushed artificial intelligence (AI) into the mainstream. But according to PBT Group, human intelligence will always be…
Elon Musk claimed in an interview that aired late Monday that he plans to compete with Microsoft and Google’s artificial intelligence projects with “truth-seeking AI” that rejects political correctness. The billionaire CEO of Tesla and Twitter expressed his worries about the threat posed by AI once more, stating that it has “the potential of civilizational…
Policymakers, opinion leaders, and business experts will gather for the second Artificial Intelligence (AI) Center of Excellence Africa Leaders’ Summit in Nairobi to discuss the impact of AI on Kenya and Africa as a whole. Thematic areas to be covered include ethical AI and AI investment. On April 27, the Artificial Intelligence Center of Excellence…
The company that created the popular chatbot ChatGPT, OpenAI, announced on Tuesday that it will pay users up to $20,000 for information on security holes in its AI systems. With payments starting at $200 per vulnerability, the OpenAI Bug Bounty program, which went live on Tuesday, will provide participants rewards based on the severity of…
With the aid of artificial intelligence (AI) and live-learning technology, Nigerian company VarsityScape makes it simpler for cohort-based course instructors to acquire all the resources they require to run a successful course. VarsityScape, a platform for students at higher education institutions that was founded in 2019 by Daniel Idiare and Kenney Erimakonosine, has now expanded…
Former British Prime Minister Benjamin Disraeli is cited in American author Mark Twain’s autobiography as saying: “There are three sorts of lying: lies, damned lies, and statistics.” Nevertheless, it’s possible that Twain misquoted Disraeli. Artificial intelligence brings all three together in a neat little package, which is a fantastic advance. The massive datasets collected from…
Artificial intelligence (AI) has revolutionized industries across the board, and product management is no exception. As a Senior Product Manager with over five years of experience, I have been at the forefront of this transformation, utilizing AI to enhance strategic decision-making and gain deeper user insights. AI is reshaping how products are ideated, developed, and…
The term “generative AI” refers to a new class of Natural Language Processing (NLP) foundational models, such as the OpenAI ChatGPT and DALL-E, the Google BARD chatbot, the ERNIE Artificial Intelligence (AI) model from Baidu, and others. With the help of these models, users can create text and code, make predictions and summaries, translate across…
UmojaHack Africa 2023, a 2-day event for data scientists that aims to solve Africa’s toughest challenges through machine learning, was hosted by Zindi, the network for data scientists, on March 18–19, 2023. It brought together over 1000 students from 345 universities in 36 countries to create machine learning models for climate change. With over 1000…
Google, a division of the digital behemoth Alphabet, has unveiled its newest AI technologies. These tools will serve as add-ons to currently available services, such as Workspace apps, and aid with tasks like summarizing Gmail message threads, creating slide presentations, and taking meeting notes. In its most recent version, Google Pictures, Google Messages, and Gmail…
When LinkedIn began distributing “AI-powered conversation starters” earlier this month to increase engagement on its platform, the move saw more than a little engagement of its own, none of it particularly favorable. Yet the reality is that LinkedIn has been heavily utilizing AI and other forms of automation throughout various elements of its platform for…
According to a business executive who spoke to Reuters, General Motors is investigating uses for ChatGPT as part of its broader partnership with Microsoft. According to GM Vice President Scott Miller, “ChatGPT is going to be in everything” in a recent interview. According to Miller, the chatbot may be used to program features like a…
A new generative AI tool called GrammarlyGo is being added to the artificial intelligence (AI) arsenal of Grammarly, a firm that offers a real-time spelling and grammar checking tool. Starting in April, the majority of Grammarly users will have access to this communication-improving tool. Rahul Roy-Chowdhury, Global Head of Product at Grammarly, claims that ineffective…
Snap announced on Monday that it is testing a chatbot feature based on OpenAI’s GPT technology for some users of its photo messaging app Snapchat. The My AI feature will use the most recent version of OpenAI’s GPT technology, which has been customized for Snapchat. The AI chatbot will first be available to Snapchat+ subscribers…
Nobody is immune to the generative AI wave, and everyone wants to be a part of it. Meta is the most recent company to begin testing AI-powered tools for its products. Mark Zuckerberg announced that the company is creating “a new top-level product group” to integrate generative AI into its billions of users’ services. Zuckerberg…
Opera is expanding its sidebar with a ChatGPT-powered tool that generates brief summaries of webpages and articles. You can activate the feature by selecting the “shorten” button to the right of the address bar, as shown in a demo included in Opera’s blog post. From there, a ChatGPT sidebar will appear on the left, generating…
After a presentation of its brand-new artificial intelligence chatbot, Bard, raised worries that the tech titan has fallen behind in the contest for the foreseeable future of internet search, Alphabet Inc. had its biggest one-day decline in more than three months. Since the unveiling of developer OpenAI’s enormously well-liked chatbot, ChatGPT, which many in the…
Alphabet, the company that owns Google, plans to compete with Microsoft by introducing a chatbot service and more artificial intelligence for its search engine and developers. Alphabet CEO Sundar Pichai announced in a blog post on Monday that the business is launching a conversational AI service called Bard to gather user input before going live…
Next month, a “robot” lawyer powered by artificial intelligence will be the first of its kind to assist a defendant in fighting a traffic ticket in court. DoNotPay CEO Joshua Browder stated that the company’s AI-creation runs on a smartphone, listens to court arguments, and formulates responses for the defendant. Through headphones, the AI lawyer…
Is artificial intelligence taking over the world? The latest “groundbreaking” AI chat bot, trained to interact with advanced users, is certainly causing quite a stir in the technology world. The software, known as ChatGPT and developed by the company OpenAI, is designed to generate human-like responses to a wide range of inputs using algorithms. “ChatGPT…
The global energy sector is experiencing a significant transition. Many energy and natural resource organisations are navigating a shift towards diverse renewable energy sources, setting out aggressive strategies for net zero and forging new paths to recruiting and protecting their workforce. This has resulted in Energy 4.0 emerging as the most direct route to achieving…
SAS was recently named as a Leader in the IDC MarketScape: Worldwide Responsible Artificial Intelligence for Integrated Financial Crime Management Platforms 2022 Vendor Assessment (doc #US47457622, July 2022). The report offers IDC MarketScape’s first-ever comparative analysis of the banking industry’s top financial crime management solutions powered by AI. It includes SAS and eight other vendors – all offering standalone AI…
A $5.6 million Series A fundraising round, headed by Mucker Capital, was successfully completed by Proto, a Canadian company that offers artificial intelligence (AI) customer experience solutions. Current shareholder Yolo Investments also participated in the round. The company helps contact center operators automate client interactions in their local tongues, including the National Bank of Rwanda,…
Connected and Autonomous Vehicles (CAVs) are changing the way we think about mobility – and transforming the digital network infrastructure that supports these vehicles. Soon, every car will be connected and able to talk to everything around it using Vehicle-to-Everything (V2X) technology, including other cars and smart city infrastructure. But as with any connected computing…
DXwand, an Egyptian firm that specializes in conversational artificial intelligence (AI), has raised $1 million in a pre-series A financing. The funding round was led by Shanghai-based Huashan Capital. Mohsen Abulleil and Ahmed Bakeer, both angel investors, participated in the round. SOSV, a VC firm based in the United States that was one of the…
Through its early-stage tech investment company Naspers Foundry, Naspers has led a $2.5 million investment in LifeCheq, a fintech platform that enables financial advisers to provide quality, complete financial advice. Since its debut in 2018, LifeCheq has provided financial planning and help to over 45,000 people in South Africa. LifeCheq’s AI-powered platform can help financial…