#ai-projects

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Intern Fired by TikTok Owner for Sabotaging Its AI Model

An intern at ByteDance was fired for sabotaging AI projects, but the company claims no major impact on its business operations.
ByteDance's statement aims to clarify exaggerated rumors surrounding the incident.

Raspberry Pi built an AI camera with Sony

Raspberry Pi's new AI Camera enhances AI integration in projects with onboard processing and compatibility with multiple single-board computers.
#investment-challenges

Generative AI Projects Fail Amid High Costs and Risks

Many AI projects are failing due to high costs and inability to prove value, with over 80% of projects reported as unsuccessful.

Firms still wrangling with business case for GenAI projects

Enterprises continue to struggle with the business case for generative AI projects, with significant hurdles impacting their success and completion timelines.

Generative AI Projects Fail Amid High Costs and Risks

Many AI projects are failing due to high costs and inability to prove value, with over 80% of projects reported as unsuccessful.

Firms still wrangling with business case for GenAI projects

Enterprises continue to struggle with the business case for generative AI projects, with significant hurdles impacting their success and completion timelines.
moreinvestment-challenges

Why are so many AI projects destined for failure? Inexperienced staff, poor planning, and a shoehorned approach to agile development are all stifling innovation

80% of AI projects fail due to technical challenges and misunderstandings about capabilities, posing significant risks for industries including military applications.

Government AI funding to help cut rail delays and boost construction projects

AI projects in the UK are receiving government funding to improve productivity and efficiency in various sectors.
from TechRepublic
3 months ago

UK Government Announces 32m of AI Projects

The U.K. government is investing £32 million in 98 AI projects to address various issues like train delays and prescription delivery, benefiting high-growth industries.
#google

Google Strategist Quits, Slams Company's AI Work as Motivated by Greed and Fear

Google's AI projects were poorly motivated, driven by panic rather than user needs, leading to subpar results and potential risks.
Tech companies like Google, Microsoft, and Apple are in a race to develop AI assistants and ecosystems to prevent being left behind in the industry.

Google Strategist Quits, Slams Company's AI Work as Motivated by Greed and Fear

Google's push for AI projects driven by panic and competition, rather than user needs.

Google's Deal With StackOverflow Is the Latest Proof That AI Giants Will Pay for Data

StackOverflow charges AI giants for content access, starting with Google. Publishers face challenges with AI projects. Gemini chatbot will utilize StackOverflow answers for Google Cloud services.

Reddit Acquires AI Startup; Google Improves Performance Max Transparency; UK Shelves Tech Project Funding

Ad tech acquisitions are active, with Reddit acquiring Memorable AI for creative insights, Google enhancing ad controls, and UK funding for tech projects in limbo.

Google Strategist Quits, Slams Company's AI Work as Motivated by Greed and Fear

Google's AI projects were poorly motivated, driven by panic rather than user needs, leading to subpar results and potential risks.
Tech companies like Google, Microsoft, and Apple are in a race to develop AI assistants and ecosystems to prevent being left behind in the industry.

Google Strategist Quits, Slams Company's AI Work as Motivated by Greed and Fear

Google's push for AI projects driven by panic and competition, rather than user needs.

Google's Deal With StackOverflow Is the Latest Proof That AI Giants Will Pay for Data

StackOverflow charges AI giants for content access, starting with Google. Publishers face challenges with AI projects. Gemini chatbot will utilize StackOverflow answers for Google Cloud services.

Reddit Acquires AI Startup; Google Improves Performance Max Transparency; UK Shelves Tech Project Funding

Ad tech acquisitions are active, with Reddit acquiring Memorable AI for creative insights, Google enhancing ad controls, and UK funding for tech projects in limbo.
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#technology-funding

1.3 billion in funding for AI and tech projects scrapped by government

UK government has canceled £1.3 billion in technology and AI project funding, affecting an exascale supercomputer and AI Research Resource scheme, signaling prioritization shifts.

UK shelves 1.3bn of funding for technology and AI projects

The new Labour government has put into question 1.3bn in funding for technology and AI projects previously pledged by the Conservatives.

1.3 billion in funding for AI and tech projects scrapped by government

UK government has canceled £1.3 billion in technology and AI project funding, affecting an exascale supercomputer and AI Research Resource scheme, signaling prioritization shifts.

UK shelves 1.3bn of funding for technology and AI projects

The new Labour government has put into question 1.3bn in funding for technology and AI projects previously pledged by the Conservatives.
moretechnology-funding

This Week in AI: Companies are growing skeptical of AI's ROI | TechCrunch

One-third of generative AI projects in enterprises will be abandoned by 2025 due to unclear business value and high costs.

Alphabet's earnings show investors are impatient for the data on AI returns. No one has the answer yet.

Alphabet faced pressure on AI project returns during earnings call.
#challenges

Weka raises $140M as the AI boom bolsters data platforms | TechCrunch

Startups addressing data management challenges in AI projects are attracting significant funding, highlighting the industry's struggle with data quality and organization.

How To Unlock Trust and Success Before You Start an AI Project

Organizations find success by starting every AI project with a discovery and design process.

Weka raises $140M as the AI boom bolsters data platforms | TechCrunch

Startups addressing data management challenges in AI projects are attracting significant funding, highlighting the industry's struggle with data quality and organization.

How To Unlock Trust and Success Before You Start an AI Project

Organizations find success by starting every AI project with a discovery and design process.
morechallenges

Engadget Podcast: The good, the bad and the AI of Google I/O 2024

Google I/O 2024 covered new AI projects like Project Astra AI assistant, video/image models, and Gemini AI improvements.

The Morning After: What to expect at Google I/O 2024

Stay tuned for Google I/O on May 14 for Android 15 updates, new AI projects, and potential Pixel phone announcements.

70% of DARPA projects involve AI, says I2O leader

Around 70% of DARPA's programs involve AI, impacting the future of software development jobs.
DARPA emphasizes highly trustworthy AI for critical applications and sees broad use of AI and autonomy across the agency.

Design for probability, secrets of great AI experiences

AI projects often fail due to wrong problem selection and high expectations.
Even moderately performing AI systems can provide great user experiences with built-in strategies.

Inclusive approaches to AI governance needed to engage public | Computer Weekly

Inclusive participation is crucial for successful AI projects
Current lack of meaningful public engagement channels

Reddit's Sale of User Data for AI Training Draws FTC Investigation

Licensing user posts for AI projects could bring in $203M revenue.
FTC inquiries on data licensing spark concerns about privacy, fairness, and copyright.

Bitcoin's Correlation to Nvidia Strongest in Over a Year

Bitcoin and Nvidia are highly correlated, with a 90-day and 52-week correlation coefficient above 0.80.
Surge in Nvidia's valuations is attributed to the growing demand for Nvidia processors from AI projects.

Gen-AI design process: Rethinking the traditional approach for next-Gen UX

The Double Diamond model, popular in design thinking, may not be suitable for AI projects due to rapid technological evolution.
Consider adopting a reverse engineering approach to leverage current technology for user outcomes.

Apple cancels its autonomous electric car project and is laying off some workers | TechCrunch

Apple is ending its autonomous electric car project, shifting employees to AI projects.
Major automakers reevaluate investments in electric vehicles amidst scrutiny on autonomous projects.

State of FinOps 2024: Reducing Waste and Embracing AI

Waste and cost reduction is a top priority based on the 2024 State of FinOps survey.
Engineers benefit significantly from FinOps observability but 'engineering enablement' priority has dropped.

CodeProject.AI Module creation: A full walkthrough in Python

CodeProject.AI Server allows you to expose your AI projects to your applications
It provides full life cycle management, deployment, updates, and exposure to any application, any language

The Family Renovation Project: A Blueprint For Integrating Legal Teams In AI Initiatives

The analogy of a home renovation project can illustrate the importance of integrating legal teams into organization-wide AI projects.
Legal teams play a role in ensuring compliance and risk management in AI projects, just as safety inspectors balance aesthetics with safety in a home renovation.

Unclear strategies are thwarting AI at traditional companies

86% of traditional businesses surveyed expect their AI projects to progress into production within the next 12 months.
Most companies lack a C-level representative responsible for data and AI management, leading to fragmented AI initiatives.

Elon Musk Looking for $6 Billion to Develop AI Outside Tesla

Elon Musk's new AI venture xAI is looking to raise $6 million in funding at a $20 billion valuation.
xAI's value would be below OpenAI's estimated $100 billion but on par with Anthropic.
xAI is seeking funding from wealth fund managers in the Middle East and offices in Hong Kong.

Setting AI Projects Up for Success

AI projects require specific approaches to increase their chances of success.
The five critical steps for an effective AI project are selection, development, evaluation, adoption, and management.

AI Risks Force Corporate Privacy Officers to Expand Oversight

Corporate privacy leaders are collaborating with cybersecurity and data analytics teams to address risks in AI projects.
Companies like Coca-Cola and HSBC are reevaluating how privacy leaders interact with other executives to manage data for AI models.

JPMorgan CEO Jamie Dimon says he'll add thousands of jobs focused on AI in the next couple of years

JPMorgan CEO Jamie Dimon anticipates significant growth in AI-related jobs within the company, highlighting the transformative impact of AI on businesses.
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