London-based AI lab Stability AI has announced an early preview of its new text-to-image model, Stable Diffusion 3. The advanced generative AI model aims to create high-quality images from text prompts with improved performance across several key areas. The announcement comes just days after Stability AI’s largest rival, OpenAI, unveiled...
SoftBank Group, the Japanese technology investment firm, has announced a strategic joint venture with Tempus AI, a company specialising in AI-driven medical data analysis and treatment recommendations. This partnership was revealed by SoftBank’s CEO, Masayoshi...
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The intelligence agency’s first-ever public report details how AI can be used “ethically” for cyber operations. GCHQ (Government Communications Headquarters) is tasked with providing signals intelligence and information assurance to the government and armed forces...
Arm is cutting up to 1,000 jobs from its global workforce after the collapse of Nvidia’s acquisition. The British chip designer has struggled from relatively flat revenues and rising costs despite the huge success of...
For CFOs and CIOs under pressure to modernise finance operations, automation – as seen in several generations of RPA (robotic process automation) – isn’t enough. It’s apparent that transparency and explainability matter just as much....
Taiwan Semiconductor Manufacturing Company (TSMC) has raised its revenue forecast for 2024, citing strong demand for chips in AI applications. The world’s largest contract chipmaker anticipates growth slightly above the mid-20% range in US dollar...
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AI memory demand has catapulted SK Hynix to a top position in the global DRAM market, overtaking longtime leader Samsung for the first time. According to Counterpoint Research data, SK Hynix captured 36% of the...
British Chancellor Jeremy Hunt announced the country’s Spring Budget this week and supporting the AI industry was at the centre. The UK is Europe’s AI leader. Indeed, behind the US and China, the country’s tech...
The Prime Minister and Technology Secretary have unveiled the Government’s plan to cement the UK’s place as a science and technology superpower by 2030, alongside a raft of new measures backed by over £370 million...
Google has explained how machine learning is helping to make Chrome more secure and enjoyable. Starting with security, Google says that its latest machine learning (ML) model has enabled Chrome to detect over twice as...