SAP CEO says generative AI can revolutionize businesses

SAP CEO Christian Klein believes that generative AI has the potential to revolutionize the way businesses operate. He says that companies will gladly pay more for enterprise software that incorporates the technology, because it can help them reduce inventory, boost sales, and even improve carbon emissions. While doing this, his company plans to charge 30% […]

Andrej Karpathy releases baby Llama

Andrej Karpathy, former Tesla AI director, has released a simplified version of the Llama 2 language model that can run on a single computer. The model, called “Baby Llama,” is based on the Llama 2 architecture but uses a much smaller number of parameters. This makes it possible to run the model on a laptop […]

Federal Reserve launches FedNow

The Federal Reserve has launched FedNow, a new real-time payments system that will allow Americans to send and receive funds instantly, 24 hours a day, seven days a week. FedNow is competing with private sector real-time payments systems, but many banks have agreed to participate because it will allow them to expand the services they […]

Fable Studio’s new AI tool generates short episodes of “South Park”

Showrunner AI, a new tool from Fable Studio, can generate short episodes of “South Park” from a single prompt. The press demos of Showrunner AI demonstrated its capacity to generate a passable “South Park” episode with minimal assistance. Fable Studio’s designers showed the app’s potential by creating an episode about an AI attempting to take […]

Mercedes-Benz to use ChatGPT to streamline production

Mercedes-Benz Group AG is piloting the use of ChatGPT to streamline its production process, help to identify and analyze errors in the manufacturing process, as well as to provide employees with a round-the-clock digital contact person. Mercedes-Benz is currently piloting ChatGPT at its Sindelfingen plant in Germany. The pilot involves integrating intelligent tools into the […]

Singaporean celebrity Jamie Yeo embraces AI-generated advertising

Singaporean actress, model, and former radio DJ Jamie Yeo is one of a growing number of celebrities embracing AI-generated advertising. The new technology allows companies to create digital alter-egos of celebrities that can say practically anything. This opens up a world of possibilities for advertisers, who can now micro-target consumers with personalized video messages. Yeo […]

Gartner Hype Cycle reveals AI innovations

The 2022 Gartner Hype Cycle for Artificial Intelligence (AI) has revealed a number of game-changing innovations that promise to deliver benefits beyond those of traditional AI applications. The Hype Cycle divides AI innovations into four main categories: data-centric AI, model-centric AI, applications-centric AI, and human-centric AI. Data-centric AI. focuses on enhancing and enriching the data […]

AI accuracy to be enhanced with new layers

Michael Zeller, head of AI at Temasek, revealed at a developer conference in Singapore that new layers must be integrated into the generative AI stack to achieve accuracy.

World’s whitest paint could help cool Earth

A study by Professor Jeremy Munday of the University of California, Davis, suggests that the world’s whitest paint could help to cool the Earth by reflecting more sunlight back into space. The paint, a combination of barium sulfate and silica developed by researchers at Purdue University in 2021, is capable of reflecting more than 98% […]