TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce, as it looks to focus on its artificial intelligence-powered tax preparation software and other financial products. The company, which has invested heavily in providing generative AI powered accounting and tax preparation tools for small and...
Tag: artificial intelligence
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Fiverr Report: 83% of U.K. Businesses Increasing Wages for AI Skills
The majority of U.K. businesses are willing to offer higher wages to candidates with skills in AI, a new report has found. Hiring managers will pay 45% more on average for those with demonstrable expertise in areas like natural language processing, AI content creation and chatbot development. However, the necessary AI skills are hard to...
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Make tech creative, not destructive: PM Modi at G7 Summit
The global community must ensure the benefits of technology reach all sections of society in order to eliminate inequalities and lay the foundation of an inclusive society, Prime Minister Narendra Modi said on Friday as he met a galaxy of world leaders on the sidelines of the G7 summit in Italy. Prime Minister Narendra Modi...
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Meet AI Steve, the avatar standing as a candidate in the UK election
AI Steve says only policies with more than 50 per cent support will be adopted into his platform for the UK General Election. ADVERTISEMENT There’s a new, artificial face in the UK’s general election: AI Steve. Steve Endacott, the man behind the artificial intelligence (AI), is an entrepreneur from the south of England who wants...
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G7 summit key agendas: What can you expect? – Times of India
NEW DELHI: Prime Minister Narendra Modi is all set to attend the annual G7 summit which is scheduled to be held in Italy in the region of Puglia from June 13 to 15. PM Modi will hold bilateral talks with Italian Prime Minister Giorgia Meloni, continuing their dialogue from her visit to India in March...
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Top Tech News: ChatGPT Training with Major Publications
ChatGPT, the popular chatbot, will soon be able to read articles from The Wall Street Journal and The London Times, according to OpenAI, the ChatGPT developer. OpenAI has signed a multi-year deal with News Corp, owned by media mogul Rupert Murdoch, to allow ChatGPT to show users information and use the content as training material...
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World leaders plan new agreement on AI at virtual summit co-hosted by South Korea, UK
SEOUL, South Korea — World leaders are expected to adopt a new agreement on artificial intelligence when they gather virtually Tuesday to discuss AI’s potential risks but also ways to promote its benefits and innovation. The AI Seoul Summit is a follow-up to November’s inaugural AI Safety Summit at Bletchley Park in the United Kingdom,...
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Urgent Action Needed to Stop AI Developers From ‘Destroying’ Artists’ Careers, Says U.K. Parliament Committee
A U.K. parliamentary committee is calling on the British government to introduce tough new laws that would make it illegal for artificial intelligence (AI) developers to use copyright-protected music for training purposes without consent – and protect creators and artists from the unauthorized use of their voice and image in AI-generated works. A report from...
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India takes top rank in world artificial intelligence race, shows data
1 min read Last Updated : Apr 28 2024 | 9:53 PM IST The rise of artificial intelligence (AI) has split the world into leaders and laggards. India, Singapore, the United Kingdom and the United States (US) are leaders, says a report by NetApp, a data infrastructure company. Spain, Australia and Germany are among laggards....
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UK regulator looks into Microsoft and Amazon’s AI partnerships
The UK competition regulator identified an “interconnected web” of over 90 partnerships and “strategic investments” involving AI companies. ADVERTISEMENT The United Kingdom’s competition body is launching preliminary inquiries into whether Microsoft and Amazon’s partnerships with artificial intelligence (AI) start-ups comply with its merger rules and if these investments could impact competition. Wednesday’s announcement by the...