OpenAI’s board announced late Friday that it was removing Altman and replacing him on an interim basis with technology chief Mira Murati. Then late Sunday night, OpenAI said it was bringing on board former Twitch CEO Emmett Shear to run the artificial intelligence company. And just hours after, the story took another twist with Nadella announcing that…

Istanbul Technical University (ITU) scientists are conducting artificial intelligence (AI) research at the European Organization for Nuclear Research (CERN). Professor Altan Çakır, a faculty member of the Faculty of Arts and Sciences Department of Physics Engineering at ITU and co-chair of the Türkiye AI Platform, stated in an interview with Anadolu Agency (AA) that ITU…

Generative artificial intelligence (AI) is set to become a “really interesting” tool in the next five years, working to support brokers that sell “more complex lines of business” that do not have large historic datasets as a reference point. This was according to expert panellists attending Insurance Times’ Broker CEO Forum 2023 retreat, held on 16…

INSURANCE and brokerage firms have been reminded of the need to limit the use of Artificial Intelligence (AI) in improving their services to customers, without allowing it to intrude into the privacy of clients. “It is heart-warming that business practices, including insurance procedures, are changing for the better in the contemporary global environment. However, the…

Emmett Shear has been tapped to be the new CEO of OpenAI, The Information first reported. Horacio Villalobos – Corbis/Corbis via Getty Images p” class=”inline-offer pre-churn-offer”> Redeem now Emmett Shear is the new interim CEO of OpenAI after Sam Altman’s surprise ouster. He has said he believes AI could kill not just all humans, but…

Intense, urgent demand for artificial intelligence (AI) capabilities – and the duelling pressure to reduce energy consumption, costs, and greenhouse gas emissions – loom large over the data centre industry heading into 2024. The proliferation of AI along with the infrastructure and sustainability challenges inherent in AI-capable computing can be felt across the industry and…

Honoured as Winner for its transformative AI-driven Wealth Management Services for Cognitive Enterprises IntellectAI, the WealthTech and Insurtech business of Intellect Design Arena, has once again achieved prestigious recognition, this time at the WealthBriefing MENA Awards 2023. WealthForce.ai from IntellectAI has been declared the winner in the “Innovative Use of Artificial Intelligence” category, underscoring its…

NEWYou can now listen to Fox News articles! President Joe Biden’s October 30 executive order on artificial intelligence is very broad and focuses a lot on safety but very little on freedom.  It includes clauses on protecting personal privacy and copyrights of training data, watermarking AI content and deep fakes, equitable civil rights, employee replacement…

As the financial landscape continues to evolve at a rapid pace, artificial intelligence (AI) stands at the forefront of technological innovation, poised to reshape the financial world. The technology has surged forward with unprecedented momentum, fueled by vast data availability, robust computing power, and algorithmic breakthroughs. It offers the promise of transforming investments by taking…