Wipro, one of India’s leading software services providers, has unveiled its ambitious plan to equip its entire workforce with artificial intelligence (AI) skills. The company announced on Wednesday that it will allocate $1 billion to enhance its AI capabilities over the next three years, ensuring that its 250,000 employees across 66 countries are well-versed in…
In response to the increasing demand for transparency in artificial intelligence, Meta has unveiled a range of tools and information designed to help users understand how AI influences the content they see on its apps. The social media giant has introduced nearly two dozen explainers that focus on various features of its platforms, including Instagram…
Many top business leaders are expressing serious concerns about the potential existential threat posed by artificial intelligence (AI) in the near future. According to survey results exclusively shared with CNN from the Yale CEO Summit, 42% of CEOs believe that AI has the potential to destroy humanity within the next five to ten years. This…
Amazon is testing the use of artificial intelligence (AI) to summarize customer feedback on its platform, potentially reducing the time shoppers spend reading reviews before making a purchase. For instance, on the product page for Apple’s third-generation AirPods, the AI feature now provides a summary of over 4,000 user ratings. It highlights positive feedback about…
Microsoft is exploring the use of its AI capabilities to enhance its advertising business. The company has filed a patent for a machine learning model that incorporates “incrementality estimation” to predict the performance of sponsored content. Microsoft defines incrementality as the impact of ad budget on performance. The model is trained to forecast how content…
Former Google CEO Eric Schmidt has issued a warning about the potential existential risks posed by artificial intelligence (AI), emphasizing the need for governments to ensure the technology is not “misused by evil people.” Discussions surrounding the future of AI and its regulation have become central to conversations among technologists and policymakers worldwide. The emergence…
As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that has spawned platforms like ChatGPT, according to Goldman Sachs economists. They predicted in a report Sunday that 18% of work globally could be computerized, with the effects felt more deeply in…
