JPMorgan CEO: AI will be used for ‘every single process’

In a recent Bloomberg interview, JPMorgan CEO Jamie Dimon unveiled his AI-driven vision for the financial industry.

Dimon expressed his belief that AI has the potential to revolutionise every aspect of JPMorgan’s operations, from trading and hedging to research and error detection. He described AI as a "living, breathing thing," capable of transforming traditional processes and augmenting human...

How information retrieval is being revolutionised with RAG technology

In an era where digital data proliferates at an unprecedented pace, finding the right information amidst the digital deluge is akin to navigating a complex maze. Traditional enterprise search engines, while powerful, often inundate us with a barrage of results, making it challenging to discern the relevant from the irrelevant. However, amidst this vast expanse of digital information, a revolutionary technology has emerged, promising to transform the way we interact with data in the...

Amazon invests $4B in Anthropic to boost AI capabilities

amazon anthropic ai artificial intelligence aws chatbot claude 2 model

Amazon has announced an investment of up to $4 billion into Anthropic, an emerging AI startup renowned for its innovative Claude chatbot.

Anthropic was founded by siblings Dario and Daniela Amodei, who were previously associated with OpenAI. This latest investment signifies Amazon's strategic move to bolster its presence in the ever-intensifying AI arena.

“We are excited to use AWS’s Trainium chips to develop future foundation models,” said Dario Amodei, co-founder...

OpenAI reveals DALL-E 3 text-to-image model

OpenAI has announced DALL-E 3, the third iteration of its acclaimed text-to-image model. 

DALL-E 3 promises significant enhancements over its predecessors and introduces seamless integration with ChatGPT.

One of the standout features of DALL-E 3 is its ability to better understand and interpret user intentions when confronted with detailed and lengthy prompts:

"A middle-aged woman of Asian descent, her dark hair streaked with silver,...

Stability AI unveils ‘Stable Audio’ model for controllable audio generation

Stability AI has introduced "Stable Audio," a latent diffusion model designed to revolutionise audio generation.

This breakthrough promises to be another leap forward for generative AI and combines text metadata, audio duration, and start time conditioning to offer unprecedented control over the content and length of generated audio—even enabling the creation of complete songs.

Audio diffusion models traditionally faced a significant limitation in generating audio of...

GitLab: Developers view AI as ‘essential’ despite concerns

A survey by GitLab has shed light on the views of developers on the landscape of AI in software development.

The report, titled ‘The State of AI in Software Development,’ presents insights from over 1,000 global senior technology executives, developers, and security and operations professionals.

The report reveals a complex relationship between enthusiasm for AI adoption and concerns about data privacy, intellectual property, and security.

“Enterprises...

Baidu deploys its ERNIE Bot generative AI to the public

Chinese tech giant Baidu has announced that its generative AI product ERNIE Bot is now open to the public through various app stores and its website.

ERNIE Bot can generate text, images, and videos based on natural language inputs. It is powered by ERNIE (Enhanced Representation through Knowledge Integration), a powerful deep learning model.

The first version of ERNIE was introduced and open-sourced in 2019 by researchers at Tsinghua University to demonstrate the natural...

NCSC: Chatbot ‘prompt injection’ attacks pose growing security risk

The UK's National Cyber Security Centre (NCSC) has issued a stark warning about the increasing vulnerability of chatbots to manipulation by hackers, leading to potentially serious real-world consequences.

The alert comes as concerns rise over the practice of "prompt injection" attacks, where individuals deliberately create input or prompts designed to manipulate the behaviour of language models that underpin chatbots.

Chatbots have become integral in various applications...

OpenAI launches ChatGPT Enterprise to accelerate business operations

OpenAI has unveiled ChatGPT Enterprise, a version of the AI assistant tailored for businesses seeking advanced capabilities and reliable performance.

The crux of its appeal lies in its enhanced features, including an impressive 32,000-token context window. This upgrade enables ChatGPT Enterprise to process extended pieces of text or hold prolonged conversations, allowing for more nuanced and comprehensive exchanges.

One of the most significant leaps forward is the...

ChatGPT’s political bias highlighted in study

A study conducted by computer and information science researchers from the UK and Brazil has raised concerns about the objectivity of ChatGPT.

The researchers claim to have discovered substantial political bias in ChatGPT's responses, leaning towards the left side of the political spectrum.

Published in the journal Public Choice this week, the study – conducted by Fabio Motoki, Valdemar Pinho, and Victor Rodrigues – argues that the presence of political bias in...