Red Hat advances enterprise AI with Small Language Models that achieve over 98% validity in structured tasks, prioritizing reliability and data sovereignty.
Nvidia CEO Jensen Huang urges industry leaders to avoid alarmist claims about AI's future, citing concerns over inaccurate predictions like a 50% job displacement...
South Africa's Communications Minister Solly Malatsi faces scrutiny as two officials are investigated for including AI-generated fictitious references in the withdrawn National AI Policy.
OpenAI's o1 model achieves 81.6% diagnostic accuracy in emergency situations, surpassing human doctors and signaling a major shift in medical practice.
C3.ai, with a $1.2 billion valuation and 15% CAGR, emerges as a more promising turnaround candidate than BigBear.ai amid slowing growth and profitability concerns.
Moonshot AI, backed by Alibaba, secures a $4.8B valuation amid rising domestic interest in Chinese AI, following public listings from rivals Zhipu and MiniMax.
Salesforce transforms CRM with its Einstein 1 Platform and generative AI, enhancing efficiency and data integration amid fierce competition from Microsoft and Oracle.
Woori Financial Group unveils a bold AI transformation strategy, targeting 344 use cases by 2024 to enhance competitiveness and boost non-bank operations by 20%
LG CNS invests 10 billion won in Cha Biotech to develop AI-driven Connected Healthcare Services, aiming to enhance digital healthcare with smart big data...
Vertical AI startups face a staggering 99.5% failure rate by 2026 due to outdated strategies, as enterprise budgets grow just 2% amid intense competition...
ScaleLogix AI unveils an investor-grade platform for service-based businesses, democratizing high-performance AI systems with features for deals up to $25,000.
South African businesses face reputational and regulatory risks as Alkemi CEO warns that ethical AI governance is crucial for operational integrity and trust.
Novee exits stealth with $51.5M in funding to revolutionize AI-driven offensive security, boasting a model that outperforms competitors by 55% in web exploitation.
OpenAI launches ChatGPT Health, driving 200 million weekly healthcare queries as AI reshapes patient education and tackles rising U.S. healthcare costs.