Artificial intelligence is transforming the wealth and asset management industry. Because it grows so fast, experts have designed solutions that will shift how high-net-worth individuals manage their assets. This month, the firm WealthArc discussed AI’s influence in the industry, focusing on real-world applications and future prospects. Read Also: Human scientists are still better than AI…
The New York Times has stepped into the ongoing battle involving publishers and companies that make AI, as it issued a cease-and-desist letter against Perplexity, a generative AI startup financed by Jeff Bezos and YouTube’s former CEO. The war over search traffic is the new battle as AI firms gather miles of content from the…
Meta AI mastermind and researcher Yann LeCun took to Twitter to dismiss the idea that AI will ever be capable of executing a threat to humanity, describing those fears as “complete B.S.“. A professor at New York University, a senior researcher at Meta, and a recipient of the prestigious A.M. End. Turing Award has been…
A new research paper by Apple researchers reignited a heated debate on whether machine learning models really “reason” or only mimic patterns. Indeed, titled “Understanding the Limitations of Mathematical Reasoning in Large Language Models,” their study studies how AI fails at performing even simple mathematical problems under minor variation. Thus, it reveals that AI would…
Google recently made headlines by shelling out a whopping $2.7 billion to poach Noam Shazeer, a former employee, and have him lead their AI efforts. Such a move is still called reverse acqui-hire or is making the competitive landscape of Artificial Intelligence (AI) hot again. At a time when AI development is going at breakneck…
