Inflection AI

Tech giant Microsoft will be paying artificial intelligence (AI) startup Inflection $650 million to licence its software, a week after it roped in the company's two cofounders and most of its staff, as per a Bloomberg report.Let's look at the key details of this deal.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIIT DelhiIITD Certificate Programme…

Microsoft recently announced the…

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here.Nvidia’s big news Monday wasn’t a new chip, it was a strategyIt’s a good time to be Nvidia CEO Jensen Huang. Right now, Nvidia dominates the market for the chips needed to run AI models. Nvidia stock has tripled in value over the past 12 months. And delivering a keynote speech at San Jose’s SAP Center on Monday as part of the company’s GTC developer…

Governments across the world as well as organisations building artificial intelligence tools must erect guardrails to support ethical development of the technology over the next decade, said the speakers at a Nasscom event on Tuesday.“Even though AI possesses immense transformative potential, it is our responsibility to ensure its increasing transparency. The fusion of human ideals with AI is important. The trajectory of AI in the future will be intricately tied to both human and democratic values,” Prime Minister…

Policymakers and regulators across the world must think of regulating artificial intelligence (AI) in the next 5-10 years to prevent misuse of such tools in affecting nation states by politicizing the spread of information, said Mustafa Suleyman, cofounder, Inflection AI and DeepMind.“I think the negative consequences here are likely to arise simply because so many people with different organisational interests, different religious and political values will not only affect information but also the real world in practice.…

Photo: Justin Sullivan (Getty Images)Whatever you believe about the future of AI, there’s probably a cult out there for you. Ideological factions have been drawing lines for years and they each seem to bring pseudoreligious trappings with them. If you believe AI will inevitably kill everyone on the planet you might want to join the MIRI cult. If you believe that AI is dangerous but you and your close personal friends are the only people smart enough to control it, you might fit in with the Effective Altruist cult. And if…

Today was a big day in the world of artificial intelligence. As European Union has begun finalizing the redrafted AI laws, many companies have begun sharing concerns and urging the EU to reconsider the policies. In separate news, Microsoft has launched a new AI skills initiative, a free course, across the globe through which it intends to help people understand how to use the potential of AI. This and more in today's AI roundup. Let us take a closer look.Top companies raise alarm over the EU AI lawsMany big business…

It was a Wednesday morning, I’m burned up in midweek blues, and there was a subtle drumming building to a four-on-the-floor on my temples. I spotted a small press release for a new AI chatbot, just one of so many that have scrolled across my screen since the advent of ChatGPT a little over half a year ago. The first thing the new AI chatbot called Pi asked me was “How are you doing?”Generating Video Via Text? | Future TechI answered it simply: “I feel like butter scraped over too much bread.”“Hahaha!” the chatbot pretends…