Month: February 2024

TLDR: US regulators are cracking down on the use of AI algorithms in determining eligibility for government healthcare coverage. A memo from the Centers for Medicare & Medicaid Services (CMS) addressed controversy over the use of AI software that has led to lawsuits. AI algorithms used to determine eligibility for US government healthcare coverage are … Read more US regulators expose AI playing doctor in healthcare, taking action.

TLDR: OpenAI CEO Sam Altman is seeking to raise up to $7 trillion for an AI hardware venture. Altman wants to set up a new chip manufacturing venture to boost hardware capacity and train AI. OpenAI has faced challenges in procuring enough hardware to train large language models. Altman has met with potential investors, including … Read more “Sam Altman’s AI Quest: Seeking Trillions to Conquer Future Frontiers”

Key points: Nvidia, Meta, Microsoft, and Amazon are the primary contributors to the recent rally in the stock market. The cloud segments of Microsoft (Azure), Amazon (AWS), and Google (Google Cloud) are driving the revenue growth in these companies. The article discusses the AI contributions and revenue growth of the big three cloud companies: Microsoft’s … Read more Revving AI: Powering Up Cloud Stocks with Driving Acceleration!

TLDR: – Arm Holdings CEO Rene Haas discusses strong forecasts and record gains due to demand for chip design services driven by artificial intelligence (AI). – Arm is gaining market share in data centers and the automotive space, and the need for AI-driven computing is increasing rapidly. The CEO of Arm Holdings, Rene Haas, celebrated … Read more Stock rallies on AI-fueled buzz as Arm CEO talks growth.

TLDR: GE Healthcare CEO Peter Arduini explains that the company’s research and development efforts are focused on artificial intelligence (AI) AI can enhance health-care workers’ productivity by making patient data more cohesive and improving imaging technology Customers are willing to pay more for advanced AI products GE Healthcare’s R&D investments have resulted in a pipeline … Read more GE Healthcare’s CEO reveals why AI drives their research and development.

TLDR: Health insurance companies cannot use algorithms or artificial intelligence to determine care or deny coverage to members on Medicare Advantage plans, according to a memo from the Centers for Medicare & Medicaid Services (CMS). The memo comes after lawsuits claimed that UnitedHealth and Humana have been using a flawed AI-powered tool to deny care … Read more Insurers told: No health care denial through AI, government clarifies.

TLDR: Karim Beguir, co-founder and CEO of decision-making AI company InstaDeep, aims to empower the world with AI by developing technologies that can serve a wide range of purposes and industries. He believes that AI could unlock major economic opportunities for the developing world and is working to ensure that the technology is shaped by … Read more Karim Beguir: Empowering the World with AI Brilliance!

TLDR: Arm shares have soared due to increased demand for artificial intelligence (AI) technology. The company’s technology is used in a wide range of devices, from smartphones to self-driving cars, and the increasing use of AI is expected to drive further growth for Arm. However, some experts have raised concerns about the impact of AI … Read more Arm shares skyrocket with optimistic full-year outlook.

TLDR: An assistant professor at Iowa State University is using artificial intelligence (AI) to manipulate bacteria and create visually appealing patterns. Through the use of robotics, AI, and biology, the professor and his art collective have created “Beauty: A Machine-Microbial Artwork.” This project aims to challenge traditional notions of beauty and spark conversations about art, … Read more Biotic brilliance: AI, art, and biology unite for Iowa’s prof!