Deep learning

As throat-cut competition heating up to get ahead of their rivals, Microsoft and Meta are spending big in developing AI technologies, some investors are asking if that much spending is worth it.

Gezici Festival, widely known as the Festival on Wheels, will bring an innovative blend of artificial intelligence and New Hollywood classics to audiences from Nov. 1 to 3.

Set to take place at Kült Kavaklıdere, the festival explores AI's role in creative industries, while also reviving films from a transformative era in American cinema.

Thousands of artists including ABBA singer Bjorn Ulvaeus, Hollywood actress Julianne Moore and Nobel laureate Kazuo Ishiguro have signed a statement warning about the unlicensed use of artificial intelligence.

The event, held at Democritus, primarily targets students from Greek universities. Distinguished AI scientists from both the Greek diaspora and Greece, representing universities, research centers, and companies, will serve as speakers and instructors.

Meta Platforms will not launch its Meta AI models in Europe for now after the Irish privacy regulator told it to delay its plan to harness data from Facebook and Instagram users, the US social media company has said.

“Industry demand for (machine learning) computer has grown by a factor of 1 million in the last six years, roughly increasing 10-fold every year”

Google on Tuesday said it would introduce AI-generated answers to online queries, in one of the biggest changes to its world leading search engine in 25 years.

"I'm excited to announce that we will begin launching this fully revamped experience, 'AI overviews,' to everyone in the U.S. this week," Google chief executive Sundar Pichai said at an event in California.

Meta on Thursday introduced an improved AI assistant built on new versions of its open-source Llama large language model.

Meta AI is smarter and faster due to advances in the publicly available Llama 3, the tech titan said in a blog post.

Nvidia on Monday unveiled its latest family of chips for powering artificial intelligence, as it seeks to consolidate its position as the major supplier to the AI frenzy.

While the new generation of artificial intelligence, the so-called generative AI (GenAI), is bringing tectonic changes to all sectors of the economy, having the potential to increase the Greek GDP by an additional 5.5% by 2030, most Greek businesses have no plans of utilizing it in the foreseeable future.