Tag: AI & Technology

The field of artificial intelligence is currently ablaze with fascination for an old economic paradox. Jevon’s Paradox, a principle originating from 19th century economist William Stanley Jevons, asserts that as technological progress increases the efficiency with which a resource is used, the rate of consumption of that resource increases rather than decrease. This runs contradictory…

In a surprising statement, tech billionaire Elon Musk has agreed that we’ve indeed exhausted AI training data. Musk, renowned for his advances in cutting-edge technology, emphasizes the importance of creating new and diverse approaches to AI training. He was reported expressing his concerns about the redundancy of AI datasets. Pointing out that merely using colossal…

Perplexity, an emerging artificial intelligence startup, announced Wednesday that it has closed its latest funding round with a valuation of $9 billion, according to a report by Bloomberg News. The fundraising marks a significant milestone for the company and attests to the increased investor interest in the AI sector amid transformative technological advancements. More details…

In an era where artificial intelligence(AI) is redefining the boundaries of what’s possible, Anthropic, a leading AI company has introduced a groundbreaking feature – ‘Claude’. Claude, an AI Junior employee, is revolutionizing the business landscape. By seamlessly integrating into existing business functions, Claude works round-the-clock, delivering high-efficiency results and unprecedented productivity. What sets Claude apart…

In an interesting turn of events, Nvidia’s CEO, Jensen Huang shared his thoughts about the ‘Next Wave of AI’ and how it’s poised to revolutionize the technology industry. The chief executive highlighted one company that he believes is well-positioned to reap substantial benefits from this emerging technology – a company other than his own, Nvidia.…