The CEO of open-source AI Company, Stability AI, is of the opinion that artificial intelligence will be the biggest bubble of all time. Stability AI CEO Emad Mostaque expressed, “I think this will be the biggest bubble of all time. AI is still in the very early stages and not ready for mass-scale adoption in industries…
Chinese regulators finalized first-of-its-kind rules to govern generative artificial intelligence as it looks to speed up oversight of the speedily growing AI technology. The powerful Cyberspace Administration of China (CAC) expressed that it worked with many other regulators to come up with its new rules that will be effective from August 15. Generative AI is…
Chinese technology firm Alibaba launched an artificial intelligence tool, Tongyi Wanxiang. This tool can generate images from input prompts. Tongyi Wanxiang allows users to enter prompts in Chinese and English language and the AI tool will create an image in different styles like a sketch or 3D cartoon. Alibaba’s cloud division launched the product and said…
The European Union and Japan are looking to cooperate more closely on key technologies like artificial intelligence as both countries are looking to reduce their dependence on China in certain areas. EU Commissioner Thierry Breton said, “Artificial Intelligence will very much be part of the discussion in a meeting with the Japanese government. I will…
