Saudi Arabia has launched a new artificial intelligence company named Humain, chaired by Crown Prince Mohammed bin Salman. This initiative aims to enhance the country’s AI infrastructure and will serve as the country’s central platform for AI strategy and investments. Humain is funded by Saudi Arabia’s Public Investment Fund (PIF), which manages assets worth around…
OpenAI and Microsoft are reportedly renegotiating on new terms for their multibillion-dollar partnership. They’re discussing changes to their overall deal. The goal of the renegotiation is to pave the way for OpenAI’s potential future initial public offering (IPO), while ensuring Microsoft keeps access to the latest AI technology like ChatGPT later. OpenAI recently made a…
The inception of artificial intelligence had brought a lot to the table. It is revolutionizing healthcare with groundbreaking tools that enhance diagnosis and patient care. One such innovation is an AI-powered tool capable of analyzing a simple selfie to predict cancer survival rates and information about patient’s overall health. Researchers at Mass General Brigham created…
In today’s high-tech world, the inception of artificial intelligence is changing the way industries work. From healthcare and supply chains to e-commerce and now entertainment—AI is everywhere. Netflix is also stepping up and making sure it stays ahead by using this powerful technology. Netflix does not wants to be second leveraging the opportunity. In this…
The U.S. Food and Drug Administration (FDA) has announced that all its centers will immediately begin deploying artificial intelligence (AI) tools internally, with full integration expected by June 30, 2025. The decision came after a successful generative AI pilot program conducted for scientific reviewers. The AI tools are designed to streamline the drug approval process,…
When Mark Zuckerberg introduces something new, it’s usually a big deal and Meta’s latest AI app is no exception. This isn’t just another smart assistant or chatbot. It feels surprisingly real, almost like you’re talking to a person. The special thing is, it adapts, and interacts in ways that make the line between technology and…
Online shopping is witnessing something influential. The integration of artificial intelligence paved the way for completely new experience in online shopping experience. Customers expect more than filters and search bars, they expect quick, personalized assistance that feels natural. With AI tools like ChatGPT shopping is becoming faster and more interactive. I. Introduction These AI driven…
Relevance AI, a startup based in San Francisco and Sydney, has raised fresh $24 million in Series B funding to help advance its platform that enables businesses to create and manage AI agents. The funding round was led by Bessemer Venture Partners, with participation from existing investors King River Capital, Insight Partners, and Peak XV,…
OpenAI chairman Bret Taylor says the company is no longer trying to switch from a nonprofit to a for-profit model. After months of exploring a shift to a for-profit model, OpenAI has changed its mind. On Monday, the company said its nonprofit arm will stay in charge of ChatGPT and its other AI tools, keeping…
OpenAI CEO Sam Altman recently asked an interesting question about the venture capital (VC) world — why does it keep getting more money, even though overall, it keeps losing money? His question sparked a lot of responses online, including one from Cred CEO Kunal Shah, who shared his own take on the issue. On May…
