Microsoft to forge AI partnerships with South Korean tech leaders

Microsoft is set to host top executives from South Korea’s leading technology firms next month to strengthen its AI partnerships.

The high-level meeting, dubbed the MS CEO Summit 2024, will be held on 14 May 2024 and feature Microsoft's founder Bill Gates and Chairman and CEO Satya Nadella. They will engage in closed-door discussions with Kyung Kye-hyun of Samsung, Kwak Noh-jung of SK Hynix, Cho Joo-wan of LG Electronics, and Ryu Young-sang of SK Telecom.

Sources for...

22 April 2024 | Artificial Intelligence

SAS aims to make AI accessible regardless of skill set with packaged AI models

SAS, a specialist in data and AI solutions, has unveiled what it describes as a “game-changing approach” for organisations to tackle business challenges head-on.

Introducing lightweight, industry-specific AI models for individual licence, SAS hopes to equip organisations with readily deployable AI technology to productionise real-world use cases with unparalleled efficiency.

Chandana Gopal, research director, Future of Intelligence, IDC, said: “SAS is evolving its...

17 April 2024 | Applications

Kamal Ahluwalia, Ikigai Labs: How to take your business to the next level with generative AI

AI News caught up with president of Ikigai Labs, Kamal Ahluwalia, to discuss all things gen AI, including top tips on how to adopt and utilise the tech, and the importance of embedding ethics into AI design.

Could you tell us a little bit about Ikigai Labs and how it can help companies?

Ikigai is helping organisations transform sparse, siloed enterprise data into predictive and actionable insights with a generative AI platform specifically designed for structured,...

17 April 2024 | Applications

Why data quality is critical for marketing in the age of GenAI

A recent survey reveals that CMOs around the world are optimistic and confident about GenAI’s future ability to enhance productivity and create competitive advantage. Seventy per cent are already using GenAI and 19 per cent are testing it. And the main areas they’re exploring are personalisation (67%), content creation (49%) and market segmentation (41%).

However, for many consumer brands, the divide between expectations and reality looms large. Marketers envisioning a...

4 April 2024 | Applications

Large language models could ‘revolutionise the finance sector within two years’

Large Language Models (LLMs) have the potential to improve efficiency and safety in the finance sector by detecting fraud, generating financial insights and automating customer service, according to research by The Alan Turing Institute.

Because LLMs have an ability to analyse large amounts of data quickly and generate coherent text, there is growing understanding of the potential to improve services across a range of sectors including healthcare, law, education and in financial...

27 March 2024 | Artificial Intelligence

STFC Hartree Centre signs agreement with Lenovo for state-of-the-art supercomputer

The Science and Technology Facilities Council (STFC), a UK government agency that carries out research in science and engineering, has signed an agreement with Lenovo for the installation of a powerful new supercomputer for the STFC Hartree Centre.

Ten times more powerful than its predecessor, but using less electricity thanks to Lenovo’s direct water cooling, the new supercomputer will power AI research for UK industry

The new supercomputer is part of the Hartree...

26 March 2024 | Applications

Stanhope raises £2.3m for AI that teaches machines to ‘make human-like decisions’

A pile of Sterling notes.

Stanhope AI – a company applying decades of neuroscience research to teach machines how to make human-like decisions in the real world – has raised £2.3m in seed funding led by the UCL Technology Fund.

Creator Fund also participated, along with, MMC Ventures, Moonfire Ventures and Rockmount Capital and leading angel investors. 

Stanhope AI was founded as a spinout from University College London, supported by UCL Business, by three of the most eminent names in...

25 March 2024 | Applications

AI tool finds cancer signs missed by doctors

An AI tool has proven capable of detecting signs of cancer that were overlooked by human radiologists.

The AI tool, called Mia, was piloted alongside NHS clinicians in the UK and analysed the mammograms of over 10,000 women. 

Most of the participants were cancer-free, but the AI successfully flagged all of those with symptoms of breast cancer—as well as an additional 11 cases that the doctors failed to identify. Of the 10,889 women who participated in the trial,...

21 March 2024 | Applications

International Women’s Day: What it takes to innovate in the age of Gen AI 

The theme for this year's International Women’s day, Count Her In: Invest in Women. Accelerate Progress establishes a poignant tone for fostering authentic change. It perfectly mirrors the dynamic landscape of today’s data-driven environment where change is the only constant. The last third-party cookie has finally crumbled, privacy laws are tightening and now, Generative AI is quickly ushering in a new era of innovation and adaptation.

With mounting research demonstrating...

8 March 2024 | Artificial Intelligence

Wipro and IBM collaborate to propel enterprise AI

In a bid to accelerate the adoption of AI in the enterprise sector, Wipro has unveiled its latest offering that leverages the capabilities of IBM’s watsonx AI and data platform.

The extended partnership between Wipro and IBM combines the former’s extensive industry expertise with IBM's leading AI innovations. The collaboration seeks to develop joint solutions that facilitate the implementation of robust, reliable, and enterprise-ready AI solutions.

The Wipro...

20 February 2024 | Applications