Business

One of the world’s largest investment banks built a large language model to map cryptic government statements to future government actions. JPMorgan Chase trained a model based on ChatGPT to score statements by a United States financial regulator according to...

Google showcased a flood of new features in its latest bid to get ahead in the generative AI arms race. The company demonstrated AI features for consumers and developers at its annual I/O conference.

Reporters offered a behind-the-scenes look at OpenAI’s year-long effort to capitalize on its long-awaited GPT-4. The company built a sales team and courted corporate partners in advance of launching its latest large language model, The Information reported.

Google’s response to Microsoft’s GPT-4-enhanced Bing became a little clearer. Anonymous insiders leaked details of Project Magi, the search giant’s near-term effort to enhance its search engine with automated conversation.

Developers of language models will have to pay for access to troves of text data that they previously got for free. The discussion platform Reddit and question-and-answer site Stack Overflow announced plans to protect their data from being used to train large language models.

Amazon joined big-tech peers Google, Meta, and Microsoft in rolling out services that provide generated text and images. The online retailer launched early access to Bedrock, a cloud platform that offers generative models built by Amazon and its partners.

Chatbot-fueled FOMO is overwhelming cloud-computing services. Cloud providers are struggling to meet sharply rising demand by a crowd of AI startups eager to cash in on generative AI, The Information reported. The surge in demand caught Amazon Web Services, Microsoft Azure, and others off guard.

Neural networks are predicting how metal will deform under pressure to pilot robots through the tricky process of fabricating aircraft. Machina Labs crafts metal using AI-guided robotic arms.

A South African startup aims to lure talented engineers who left the continent to work abroad. Johannesburg research lab Lelapa.ai bills itself as a haven for African AI engineers who want to work on challenges that aren’t on Silicon Valley’s agenda.

Contract workers who help train the algorithms behind Google Search won a pay raise. Employees of U.S. contractors who evaluate the quality of Google Search’s results, knowledge panels, and ads will earn $15 per hour, a raise of roughly $1.

Chinese companies have found loopholes to sidestep United States limits on AI chips. Facing severe limits on U.S. exports of high-performance chips, Chinese AI firms are purchasing them through subsidiaries and using them through cloud services, the Financial Times reported.

Amazon, Apple, and Google have been building chatbots for years. So how did they let the alliance between Microsoft and OpenAI integrate the first smash-hit bot into Microsoft products?

What does an entrepreneur do after co-founding one of the world’s top social networks? Apply the lessons learned to distributing hard news. Kevin Systerom and Mike Krieger, who co-founded Instagram, launched Artifact, an app that uses reinforcement learning to recommend news articles...

Microsoft laid off an AI ethics team while charging ahead on products powered by OpenAI. On March 6, the tech giant dissolved the Ethics & Society unit in its Cognition group, which researches and builds AI services, amid ongoing cutbacks that have affected 10,000 workers to date...

What do your GitHub projects reveal about your professional prospects? A new model aims to help recruiters find out. Prog.ai analyzes GitHub repositories to help employers find engineers skilled in particular areas, TechCrunch reported.