Databricks, Thomson Reuters, others battle for AI domination
Companies like Databricks, Thomson Reuters, Salesforce Ventures, Accenture, and PwC US are aggressively battling for artificial intelligence (AI) domination by acquiring and investing in AI companies to strengthen their own capabilities and offerings. Databricks made news when it announced the $1.3 billion acquisition of MosaicML, a two-year-old startup specialized in open-source AI models. Similarly, Thomson […]
Gartner reports slow metaverse adoption
A Gartner report titled “Emerging Tech: Adopter Anti-patterns – Metaverse Use Cases Are Plagued by Low Adoption” discovered that organizations are hesitant to adopt the metaverse owing to poor user experience, expensive costs, and privacy issues. According to the report, one of the difficulties preventing consumers from embracing the metaverse is that virtual reality (VR) […]
EU launches AI crash test centers
The European Union has established four permanent testing and experimentation sites around Europe to verify that new artificial intelligence (AI) developments are safe before they are released to the public. The €220 million ($240 million) initiative will establish virtual and physical testing grounds for artificial intelligence and robotics. Manufacturing, healthcare, agriculture and food, and cities […]
