News

ChatGPT Users Generate Over 700 Million Images in One Week

OpenAI reports ChatGPT users have created over 700 million images in just one week using its upgraded AI image generator. The surge highlights the tool's popularity but also strains infrastructure as dem

AI Revolutionizes Budgeting Processes but Human Insight Remains Key

AI streamlines budgeting with precision and efficiency, excelling in tactical tasks. However, human oversight is crucial for strategic planning, ensuring long-term goals align with financial decisions in

Ant Group uses domestic chips to train AI models and cut costs

Ant Group has cut AI training costs by 20% using Chinese-made chips from Alibaba and Huawei, achieving performance comparable to Nvidia's H800. This cost-effective approach highlights China's push for AI

OpenAI Plans to Convene Group to Advise Its Nonprofit Objectives

OpenAI wants to put a group together to provide a direction for its nonprofit goals.

Amazon Submits Last-minute Bid to Acquire TikTok

The tech and e-commerce giant has launched a last-minute bid to acquire TikTok.

AI is Turbocharging Crime, Warns EU's Law Enforcement Agency

The European body is concerned that AI is helping crimes to erode the foundations of societies across its member states.

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