The European Parliament has passed the landmark rules for artificial intelligence, called the EU AI Act, clearing a major obstacle for the first formal regulation of Artificial Intelligence in the West to become law. Artificial Intelligence has become a key battleground in the global technology industry as firms compete for a leading position in developing…
Amazon is using generative artificial intelligence to help users for finding the right product. Amazon recently started testing a feature in its shopping application that uses Generative AI to summarize reviews given by consumers on some products. It provides a brief summary of what shoppers liked and not liked about the product, along with a mention…
OpenAI CEO Sam Altman recently expressed that the whole world is clamoring for artificial intelligence technology and the market will deliver. Altman told tech executives, business founders, and the public at the Singapore Management University, “We have got sophisticated enough languages and also powerful enough computers that we could make AI bigger and bigger and…
Australian graphic design firm Canva believes it is in a uniquely healthier position to withstand industry headwinds as it begins a European expansion. Canva opened its new European headquarters in London the previous month as it competes with Adobe and Microsoft to gain the attention of individual users and enterprises to its design suite. Co-founder and CEO of…
