Artificial Intelligence

Artificial intelligence is pushing companies towards flatter hierarchies, allowing them to focus on advanced education and skills, according to Fivos Tsountas, Principal at KPMG Cyprus. “Artificial intelligence (AI) technologies are ...

Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, according to ...

Nations building artificial intelligence models in their own languages are turning to Nvidia’s (NVDA.O) chips, adding to already booming demand as generative AI takes centre stage for businesses ...

Social media giant Meta Platforms (META.O) will inform Brazilians how it intends to use their personal data to train generative artificial intelligence (AI), it said this week, following a ...

US facial recognition company Clearview AI has been fined 30.5 million euros ($33.7 million) for building what Dutch data protection watchdog DPA said was an illegal database. DPA also issued an additional ...

US technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing ...

Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. However, investors used to its blockbuster results will be expecting even more from the artificial intelligence ...

Artificial intelligence (AI) is reshaping the healthcare sector in unimaginable ways. The role of AI in healthcare has been of substantial importance. The 21st century marked the era of innovation ...

Companies need to do more to get to grips with AI at board level to govern how it is being used and to minimise risks, a top official at Norway’...

Neapolis University Pafos (NUP) on Thursday announced the establishment of the Jean Monnet Centre of Excellence AI-2-Trace-Crime, a project supported by the European Union. According to the announcement, this ...

Sahara AI, a startup integrating the blockchain and artificial intelligence, announced that it has raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and ...

AI PCs accounted for 14 per cent of all personal computers shipped in the second quarter with Apple (AAPL.O) leading the way, according to research firm Canalys, as added artificial ...

ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted ...

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ...

The market for artificial intelligence (AI) platforms software experienced rapid growth in 2023 and is expected to maintain its remarkable momentum, driven by the increasing adoption of AI across numerous industries, ...

Professor Soteris Kalogirou of the Cyprus University of Technology (Tepak) has been elected as a member of the Artificial Intelligence Industry Academy, according to an announcement by the university. Tepak ...

By Charles Ellinas Earlier in July, the EU published its ‘European Innovation Performance Scoreboard 2024’ and in June the IMF published its new ‘AI Preparedness Index Dashboard’. Both put Cyprus in ...

Outsized positions in artificial intelligence darling Nvidia (NVDA.O) have boosted portfolio managers’ returns this year but the bets stand to magnify risk if the chipmaker’s red-hot shares see ...

Microsoft (MSFT.O) has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI ...

The enterprise applications market experienced significant revenue growth in 2023 as artificial intelligence (AI), particularly generative AI (GenAI), began to transform the employee and customer experience of business software. According to ...

A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated ...

UBS is seeing a shift in the way clients are interacting with their bankers powered by artificial intelligence, according to the head of the Swiss bank’s domestic business Sabine ...

The Swiss National Bank is open to expanding its pilot project with wholesale central bank digital currencies, governing board member Antoine Martin said on Wednesday. “We would like to see ...

OkSeven content-licensing sellers of music, image, video and other datasets for use in training artificial intelligence systems have formed the sector’s first trade group, they said this week. The ...