Early September AI News: Regulation, Costs, and Breakthroughs

TL;DR AI News Australia proposes new regulatory guidelines for AI systems, potentially becoming mandatory for high-risk applications Rising implementation costs and energy consumption of AI raise concerns for businesses and the environment Major advancements in AI infrastructure and models push the boundaries of technological capabilities Breakthroughs in AI image generation, particularly in text rendering, reshape […]
Early June AI News: Innovations, Investments, and AI Ethics

TL;DR The AI sector is witnessing rapid advancements and intense competition. Major players, like the new Chinese models Yi and Qwenl, are vying for supremacy in LMSYS Chatbot Arena, an impartial AI performance evaluator through “AI battles”. GPT-4o leads while start-ups and tech giants pump billions into AI research and development to maintain an edge. […]