IBM Research Unveils Cost-Effective AI Inferencing with Speculative Decoding

Source: Blockchain News IBM Research has developed a speculative decoding technique combined with paged attention to significantly enhance the cost performance of large language model (LLM) inferencing. IBM Research has announced a significant breakthrough in AI inferencing, combining speculative decoding with paged attention to enhance the cost performance of large language models (LLMs). This development… Continue reading IBM Research Unveils Cost-Effective AI Inferencing with Speculative Decoding

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

Source: CoinDesk The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific. Coatue Management is investing $150 million in crypto miner Hut 8 to build AI-related infrastructures. The deal benefited HUT’s shares as well as other bitcoin mining-related data-center stocks such as… Continue reading Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

Japan telecoms giant creates AI filter that calms angry customer voices in call centres

Source: South China Morning Post Survey shows nearly half of staff harassed, get abusive language, threats, SoftBank works with Tokyo University, starts using technology next year We all know the frustration of not getting our queries dealt with by customer services, or being kept waiting too long. Some people take it out on the person… Continue reading Japan telecoms giant creates AI filter that calms angry customer voices in call centres

Nvidia signs deal to use its AI across the Middle East

Source: rthk News Nvidia has signed a deal to deploy its artificial intelligence technology at data centres owned by Qatari telecoms group Ooredoo in five Middle Eastern countries, said Ooredoo’s CEO. The agreement marks Nvidia’s first large-scale launch in a region to which Washington has curbed the export of sophisticated US chips. It will make… Continue reading Nvidia signs deal to use its AI across the Middle East

EU Commission urged to prepare for blockchain and AI integration

Source: Cointelegraph Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF. The European Union (EU) has been advised to brace for the convergence of blockchain technology and artificial intelligence (AI). The European Blockchain Observatory and Forum (EUBOF) — an initiative of the… Continue reading EU Commission urged to prepare for blockchain and AI integration

Elon Musk’s xAI raises US$6 billion from investors including Sequoia, Andreessen Horowitz to challenge OpenAI

Source: South China Morning Post The Series B round comes less than a year after xAI’s debut and marks one of the bigger investments in the field Musk had been an early backer of OpenAI, but he later withdrew his support and has advocated caution because of the technology’s potential dangers Elon Musk’s artificial intelligence… Continue reading Elon Musk’s xAI raises US$6 billion from investors including Sequoia, Andreessen Horowitz to challenge OpenAI

HKMA’s New Guidelines Aim to Equip Bank Employees for AI Transformation

Source: Fintech News Hong Kong In response to the rapid integration of Artificial Intelligence (AI) in banking, the Hong Kong Monetary Authority (HKMA) announced updated guidelines focused on manpower development and training in the banking sector. This initiative reflects the HKMA’s commitment to supporting the industry’s adaptation to AI advancements while ensuring sustainable employment practices.… Continue reading HKMA’s New Guidelines Aim to Equip Bank Employees for AI Transformation

Dubai-based Metaverse company Everdome unveils their new digital theater

Source: Tahawultech Dubai-based metaverse company Everdome unveiled their new metaverse Digital Theater, the latest expansion to their metaverse experience, which aims to usher in a new era of accessible digital creation for a new generation of digital pioneers. Following closely after the release of their easy to use Spaces Metaverse-as-a-Service creators tool, allowing all types… Continue reading Dubai-based Metaverse company Everdome unveils their new digital theater

Web3 Watch: Reebok jumps into digital wearable game

Source: Blockworks If you’ve been pining for the opportunity to have your favorite photos replicated onto a digital Reebok sneaker, you are in luck. On Friday, the sports brand announced a new feature in partnership with Futureverse called “Reebok Impact” — an AI-powered tool where users can send a photo via Instagram direct message and… Continue reading Web3 Watch: Reebok jumps into digital wearable game

Istanbul Airport’s strategy to become a pioneer of digital transformation focused on Artificial Intelligence, Machine Learning, Augmented Reality and Virtual Reality

Source: Future Travel Experience Istanbul Airport aims to be a pioneer of digital transformation and is utilising cutting-edge technologies to take its CX efforts to the next level. In this interview, ahead of their participation at the co-located FTE EMEA and FTE Ancillary & Retailing events (Dublin, 11-13 June 2024), iGA Istanbul Airport’s Ahmet Er,… Continue reading Istanbul Airport’s strategy to become a pioneer of digital transformation focused on Artificial Intelligence, Machine Learning, Augmented Reality and Virtual Reality