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Amazon's cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence.According to Bloomberg, the upcoming AWS Generative AI Innovation Center will connect Amazon experts in AI and machine learning with clients seeking to build
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The generative AI program is a strategy for AWS to bring artificial intelligence to its global customers and partners. Amazon Web Services (AWS) is launching a $100 million program to fund generative AI initiatives as it intentionally works to remain relevant in the highly-competitive artificial intelligence race. On Thursday, the Amazon
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The Japanese Ministry of Education, Culture, Sports, Science and Technology plans to allow schools from elementary to high school level limited usage of generative artificial intelligence (AI) in classrooms. According to a local news outlet, a source close to the matter said that generative AI tools, such as the popular chatbot
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Adobe is making a significant leap forward by integrating generative AI features into its product offerings. In a significant development for the technology industry, Adobe Inc (NASDAQ: ADBE) the renowned software company, has announced a raised full-year revenue and profit outlook. The optimistic projection is primarily driven by the company’s assumption
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The Information Commissioner’s Office (ICO) will today call for businesses to address the privacy risks generative AI can bring before rushing to adopt the technology – with tougher checks on whether organisations are compliant with data protection laws. New
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Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The company’s groundbreaking
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Meta will work towards making these AI capabilities accessible to people. Mark Zuckerberg recently revealed that Meta (NASDAQ: META) has been experiencing “incredible breakthroughs” in its use of generative artificial intelligence (AI). Like many other tech giants, Meta is also in the middle of the AI race, which has become the
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Nvidia believes that generative AI might be the most important computing platform of this generation. Nvidia CEO Jensen Huang has shared some of the prospects of generative AI being a form of artificial intelligence technology that will greatly impact the world. He shared his thoughts on Monday while delivering a keynote
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Finserv giant JPMorgan Chase filed a trademark application for IndexGPT, marking its entry into the race to build a generative AI tool for business purposes.The trademark application was filed with the United States Patent and Trademark Office (USPTO) on May 11 for the characters “IndexGPT,” which according to JPMorgan, is
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Adobe and Activision Blizzard, two of the biggest names in the technology industry, have introduced new generative artificial intelligence tools designed to assist humans. Leading technology giants Adobe and Activision Blizzard have introduced generative artificial intelligence (AI) tools to improve human creativity, not replace them. The move aims to streamline processes
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