artificial intelligence (ai)

OpenAI launches new funding round revealing R2.7-trillion valuation OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion (R2.68 trillion), according to people familiar with the situation. The new valuation, a figure that doesn’t include the money being raised...

Nvidia sheds fifth of value in two weeks Nvidia Corp. wiped out about $406 billion (R7.25 trillion) in value this week, weighing on key equity benchmarks as jitters spread over the health of the US economy and an AI trade that may have gotten ahead of itself. The world’s largest artificial...

Cost-effective AI system can help combat one of SA's biggest killers Air quality has become one of the most important public health issues in Africa. Poor air quality kills more people globally every year than HIV, TB and malaria combined. And that’s just the tip of the iceberg. Air pollution...

AI tools the new frontier of cybercrime The Internet, a vast and indispensable resource for modern society, has a darker side where malicious activities thrive. From identity theft to sophisticated malware attacks, cyber criminals keep coming up with new scam methods.

X lets users prevent Grok from training on their posts Elon Musk’s X has given users a way to prevent their posts and interactions from helping train his artificial intelligence chatbot Grok. Settings for X users default to allow their data to be provided to the chatbot. [Bloomberg]

Unisa hits back at AI cheating "scandal" report The University of South Africa (Unisa) has slammed reports of an "AI scandal" surrounding its latest examinations. This came after reports that hundreds of examination papers had been marked as "disciplinary cases" after it was discovered that...

Big questions over Apple's AI software Apple, a company known for its longstanding commitment to user privacy, has received flak since unveiling its artificial intelligence (AI) strategy at its Worldwide Developers Conference on June 10. This relates to the centrepiece of Apple Intelligence...

Nvidia's run as world's most valuable company ends after 2 days Nvidia Corp.’s run as the world’s most valuable company didn’t last long. Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over $220 billion (R3.95 trillion) in market capitalisation and dragging...

https://www.barrons.com/news/online-video-adding-to-challenges-for-news-firms-report-3cd7fe4f

South Africa's plan to regulate AI and misinformation In its annual performance plan for 2024/25, South Africa's Film and Publication Board (FPB) revealed that it is conducting "deep research" into generative AI to prevent the technology from spreading misinformation. Citing the World Economic...

xAI close to $6-billion funding deal Elon Musk’s artificial intelligence startup X.AI Corp. is nearing a deal to raise $6 billion (R114.1 billion) in a funding round that would value the company at $18 billion, according to a person familiar with the matter. Sequoia Capital will participate in...

UK starts drafting AI rules The UK is starting to draft regulations to govern artificial intelligence, focusing on the most powerful language models which underpin OpenAI’s ChatGPT, people familiar with the matter said. Policy officials at the Department for Science, Innovation and Technology...

xAI valued at R337 billion in possible investment offer Elon Musk’s fledgling AI startup X.AI Corp. is looking to raise $3 billion to $4 billion (R56.22 billion to R74.95 billion) in a deal that would value the company at $18 billion (R337.32 billion), according to materials sent to investors...

Apple launching AI-heavy M4 for new Macs Apple Inc., aiming to boost sluggish computer sales, is preparing to overhaul its entire Mac line with a new family of in-house processors designed to highlight artificial intelligence. The company, which released its first Macs with M3 chips five...

Adobe paying for videos to train AI generator — from around $3 per minute Adobe Inc. has begun to procure videos to build its artificial intelligence text-to-video generator, trying to catch up to competitors after OpenAI demonstrated a similar technology. The software company is offering its...

Intel rolling out Gaudi 3 to take on Nvidia H100 Intel Corp. is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry. The updated processor, called Gaudi 3, will be widely available in...

AI users could cough up for copyright violations Generative artificial intelligence has been hailed for its potential to transform creativity, and especially by lowering the barriers to content creation. While the creative potential of generative AI tools has often been highlighted, the...

OpenAI's voice-mimicking AI tool previewed OpenAI is sharing early results from a test for a feature that can read words aloud in a convincing human voice — highlighting a new frontier for artificial intelligence and raising the spectre of deepfake risks. The company is sharing early demos and...

Microsoft making tools to counter AI chatbot trickery Microsoft Corp. is trying to make it harder for people to trick artificial intelligence chatbots into doing weird things. New safety features are being built into Azure AI Studio which lets developers build customized AI assistants using...

Amazon splurging another R52 billion on AI startup Anthropic Amazon.com Inc. says it’s investing an additional $2.75 billion (R52.01 billion) in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies. The...