Alibaba Cloud has taken a step towards globalising its AI offerings by unveiling an English version of ModelScope, its open-source AI model community. The move aims to bring generative AI capabilities to a wider audience of businesses and developers worldwide. ModelScope, which embodies Alibaba Cloud’s concept of “Model-as-a-Service,” transforms AI...
One of the ways in which organisations are using the latest AI algorithms to help them grow and thrive is the adoption of privately-held AI models in aligning their business strategies. The differentiation between private...
AI is transforming the banking industry, but the expected benefits and savings come at great human cost with the impact on finance jobs. The report, a collaboration between digital bank Zopa and Juniper Research, forecasts...
Shutterstock is expanding its partnership with OpenAI to advance how AI image generators are trained and how contributors are rewarded. The stock image service will offer “direct access” to OpenAI’s DALL-E 2 image generator through...
The US Food and Drugs Administration (FDA) has stated that it wants to accelerate the deployment of AI across its centres. FDA Commissioner Martin A. Makary has announced an aggressive timeline to scale use of...
Organisations are enthusiastic about generative AI’s potential for increasing their business and people productivity, but lack of strategic planning and talent shortages are preventing them from realising its true value. This is according to a...
Dame Wendy Hall is a pioneering force in AI and computer science. As a renowned ethical AI speaker and one of the leading voices in technology, she has dedicated her career to shaping the ethical,...
Have you ever stared at a blank AI chat window, not knowing how to ask for what you want? You’re not alone. Getting the right results from AI tools often comes down to how well...
In this article, the writers compare the United Kingdom’s plans for implementing a pro-innovation approach to regulation (“UK Approach”) versus the European Union’s proposed Artificial Intelligence Act (the “EU AI Act”). Authors: Sean Musch, AI...
The benefits of AI are becoming increasingly clear as deployments ramp up, but fully considering the technology’s impact must remain a priority to build public trust. AI News caught up with Janine Lloyd-Jones, director of...