Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said

Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said

Tech behemoth OpenAI has touted its AI-powered transcription tool Whisper as having “human-level robustness and accuracy.” But Whisper has one major flaw: It’s prone to creating chunks of text or even entire sentences, according to interviews with more than a dozen software engineers, developers and academic researchers. Those experts said some of the made-up lyrics … Read more

Nvidia overtakes Apple as the most valuable company in the world with a valuation of $3.5T

Nvidia overtakes Apple as the most valuable company in the world with a valuation of $3.5T

Nvidia dethroned Apple as the world’s most valuable company on Friday, after a record rise in shares powered by voracious demand for its new supercomputer AI chips. Nvidia’s stock market value briefly reached $3.53 trillion, while Apple’s was $3.52 trillion, according to data from LSEG. In June, Nvidia briefly became the world’s most valuable company, … Read more

Half of parents think AI will take over their children’s jobs, destroy their creativity

Half of parents think AI will take over their children's jobs, destroy their creativity

According to a recent study, parents prioritize storytelling and creative activities with their children to prepare them for the future. The survey of 2,000 parents of a Gen Alpha child examined early childhood development and how it is influenced by playtime and creative storytelling. Along with this, it also looked at how parents believe artificial … Read more

Dutch chip giant blames ‘technical error’ as tech tank sector issues windfall profits: ‘Very unfortunate’

Dutch chip giant blames 'technical error' as tech tank sector issues windfall profits: 'Very unfortunate'

A Dutch chipmaking giant sparked chaos after it accidentally released a disappointing financial outlook a day earlier than planned – knocking billions off the market value of the entire semiconductor sector. Shares in ASML — which makes equipment used to make chips, including processors used to power artificial intelligence — fell nearly 6% on Wednesday. … Read more

Sotheby’s Auctions Painting of Humanoid Robot in Futuristic Beginning – Expected to Bring Up to $180,000

Sotheby's Auctions Painting of Humanoid Robot in Futuristic Beginning - Expected to Bring Up to $180,000

She is a true Vincent van Go-bot. In a first for Sotheby’s, the famous auction house will sell a painting made by a humanoid robot – and it is expected to fetch up to $180,000. The robot, known as Ai-Da, created renowned mathematician and computer scientist Alan Turing’s painting titled “God AI” with its own … Read more

Amazon to invest in 3 nuclear power plants as it tries to power AI programs

Amazon to invest in 3 nuclear power plants as it tries to power AI programs

Amazon is the latest tech giant to embrace nuclear power as it tries to power electricity-hungry artificial intelligence programs. Amazon Web Services, the cloud computing unit of the Seattle-based electronics retailer, said Wednesday it will invest more than half a billion dollars in three projects — one in Washington state, one in Virginia and another … Read more

OpenAI, Microsoft in $14 billion battle as AI giant turns into profitable company: report

OpenAI, Microsoft in $14 billion battle as AI giant turns into profitable company: report

Microsoft is reportedly in a tussle with OpenAI over the size of the share it will take from the artificial intelligence con artist as the latter prepares to transform from a non-profit to a for-profit company. Both firms have turned to investment banks for advice in the high-stakes negotiations, as Microsoft seeks a large amount … Read more