AI News Roundup – August 2, 2024
AI hype is calming down but expectations remain high
Almost two years on from the launch of ChatGPT, which launched artificial intelligence (AI) into the public consciousness, the hype around AI in business appears to be dying down, a new survey has found
yahoo!finance
Aug 02, 2024
Has the AI bubble burst? Wall Street wonders if artificial intelligence will ever make money
In earnings calls over the past two weeks, Wall Street analysts pushed tech leaders for answers about when their investments in AI would start to pay off
cnn
Aug 02, 2024
AI Act enters into force
On 1 August 2024, the European Artificial Intelligence Act (AI Act) enters into force. The Act aims to foster responsible artificial intelligence development and deployment in the EU
european commission
Aug 01, 2024
AI might take your next Taco Bell drive-thru order as artificial intelligence expands
Taco Bell is expanding its use of AI for drive-thru orders, aiming to improve efficiency and accuracy while freeing up staff for other tasks
usa today
Aug 01, 2024
Microsoft now sees OpenAI as a competitor in AI and search
Microsoft has decided to put OpenAI on its list of competitors, due to the fact that the companies are now competing with each other in terms of both artificial intelligence and online search
computer world
Aug 01, 2024
Generative AI poised to upend legal sector
In a recent Q&A session, eDiscovery AI’s founder, Jim Sullivan, explains why the legal industry is embracing generative AI
tech target
Jul 30, 2024
The exponential expenses of AI development
Tech giants are riding high on a wave of revenue from AI-driven cloud services, yet simultaneously drowning in the substantial costs of pushing AI’s boundaries
ainews
Jul 29, 2024
Apple says its AI models were trained on Google’s custom chips
Apple said in a technical paper that the two AI models underpinning Apple Intelligence, its AI system, were pretrained on Google-designed chips in the cloud
cnbc
Jul 29, 2024
Create Your Own Custom AI With AI Studio
Meta is rolling out AI Studio, a place for people to create, share and discover AIs to chat with
meta
Jul 29, 2024
Harnessing AI to Bridge Health Equity: A Call to Action
AI holds immense potential to improve healthcare but risks exacerbating health disparities if not developed and implemented equitably
forbes
Jul 29, 2024
AI Talks 