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EU takes a big Step toward Regulating AI But there is one Big Problem with EU AI Act
The European Union achieved a milestone on December 6, 2023, by finalizing the Artificial Intelligence Act (AI Act), marking the world's inaugural comprehensive regulatory framework for AI. Officially titled “Regulation of the European Parliament and of the Council Laying Down Harmonised Rules on Artificial Intelligence”, and more commonly referred to as the EU AI Act,…December 11, 2023What is Grok and How to access Grok AI?
Do you want to get roasted by an AI? Well, the new launch by Elon Musk's xAI, Grok, is good at it. xAI is an artificial intelligence venture founded by Elon Musk in July 2023. Grok AI is powered by xAI's own LLM called "Grok-1". It was also experimented with the previous version of their…December 9, 2023Gemini AI Launched – How to use Gemini AI?
On 6th December, 2023, Sundar Pichai, the CEO of Google, did an interesting announcement. He announced the launch of Gemini AI, a new LLM from Google which is known to be the best of all yet. Google Gemini was teased by Pichai in I/O developer conference in June 2023. In the launch, Google showed how…December 7, 2023Perplexity AI Raises $50 Million in Funding from IVP: How will they use it?
Perplexity AI is again in the limelight after raising $50 Million from IVP, a leading venture capital firm. According to reports by The Information, in a recent post, reported that the valuation of the one-year-old company has soared to approximately $500 million, encompassing the infusion of fresh capital. This marks a substantial increase from the…November 1, 2023How will Amazon’s investment in Anthropic impact the ecommerce industry?
On September 23, 2023, Amazon and Anthropic announced a strategic collaboration to advance generative AI. Amazon will invest up to $4 billion in Anthropic and have a minority ownership position in the company. Anthropic will use AWS Trainium and Inferentia chips to build, train, and deploy its future foundation models, and Amazon developers and engineers…September 26, 2023




