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Hitachi and Microsoft Announce Strategic Partnership with Generative AI
Hitachi and Microsoft have announced a projected multibillion-dollar collaboration over the next three years to drive innovation through generative AI. The aim is to propel the growth of Hitachi’s Lumada business, with a planned revenue target of 2.65 trillion yen by FY2024, and improve operational efficiency... Read more
ODSC’s AI Weekly Recap: Week of May 31st
Every week, the ODSC team researches the latest advancements in AI. We review a selection of the most impactful research, trending open-source projects, and significant startup investments. We carefully curate and share a selection of the most impactful developments, bringing you the insights that matter most... Read more
EU Watchdog Warns Financial Institutions to Take Full Responsibly When Using AI
The European Securities and Markets Authority has issued its first statement on AI. In it, the statement emphasizes that banks and investment firms in the EU cannot evade their boardroom responsibilities and legal obligations to protect customers when utilizing AI according to Reuters. This directive outlines... Read more
AI Tools Fueling Online Influence Operations, Reports OpenAI
Online influence operations based in Russia, China, Iran, and Israel are increasingly using AI to manipulate the public, according to a new report from OpenAI. The report highlights how bad actors have utilized OpenAI’s tools, including ChatGPT. This includes using these tools to generate social media... Read more
Palantir Secures $480 Million DOD Deal for AI-Powered Maven Smart System Prototype
Palantir has been awarded a $480 million contract by the U.S. Army for its Maven Smart System prototype, according to a Pentagon announcement on Wednesday. This contract marks another significant investment in AI capabilities designed to enhance the United States military’s operational effectiveness. Recently, the U.S. military... Read more
FCC Proposes AI Disclosure Regulation for Political Ads, Sparking Debate
The Federal Communications Commission recently proposed a new regulation that would mandate the disclosure of AI use in political advertisements. Because of this proposal a heated debate sparked as FCC Commissioner Brendan Carr criticized it as an overreach of regulatory authority ahead of the upcoming election.... Read more
Top Tech CEOs and Leaders Meet in Madrid for Secretive Bilderberg Meeting
The annual Bilderberg Meeting, a gathering renowned for its secrecy and high-profile attendees, is set to commence in Madrid on Thursday and will include the CEOs of major AI-focused companies, including Google, Microsoft, Anthropic, and Mistral AI. According to CNBC, these tech leaders will join an... Read more
4 Major AI Updates from Google I/O 2024
Google I/O 2024 was packed with groundbreaking AI announcements. It’s clear that Google is hoping to build up excitement while also showcasing how it is capable of pushing the boundaries of AI-related technology. For data scientists and data-related professionals, these developments offer new tools and opportunities... Read more
ODSC’s AI Weekly Recap: Week of May 24th
Every week, the ODSC team researches the latest advancements in AI. We review a selection of the most impactful research, trending open-source projects, and significant startup investments. We carefully curate and share a selection of the most impactful developments, bringing you the insights that matter most... Read more
Breaking: John Snow Labs Achieves State-of-the-Art Medical LLM Accuracy
John Snow Labs, a leader in healthcare-related AI, has announced that it set a new benchmark in medical Large Language Models. The model achieved state-of-the-art accuracy on the Open Medical LLM leaderboard, beating out hundreds of other models in the process.   If you don’t know,... Read more