Maria Deutscher
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New York attorney general proposes new cryptocurrency legislation
New York Attorney General Letitia James today proposed legislation that would ban cryptocurrency companies from engaging in deceptive business practices. The Crypto Regulation, Protection, Transparency, and Oversight Act, or CRPTO Act for short, also seeks to tackle other issues such as conflicts of interest. It would furthermore empower the attorney general to fine or shut down ...
Google Cloud and KPMG launch generative AI collaboration
Google LLC’s cloud unit and KPMG LLP today announced that they’re joining forces to help enterprises deploy generative artificial intelligence software. KPMG is a major professional services provider that specializes mainly in accounting. It also has an information technology business. KPMG’s IT business includes, among other units, a Google Cloud practice that helps companies adopt ...
Report: OpenAI weighs raising more funding after losses doubled in 2022
OpenAI LP is weighing to raise more funding after its losses doubled to $540 million last year, according to a new report. The Information reported the development on Thursday, citing three people familiar with the matter. One factor seen as a contributor to OpenAI’s 2022 loss was its efforts to hire artificial intelligence engineers from ...
Datadog’s first-quarter revenue tops analyst expectations
Shares of observability provider Datadog Inc. climbed more than 14% in trading today after the company reported higher-than-expected first-quarter sales. Datadog generated $481.7 million in revenue during the three months ended March 31, which amounts to a 33% year-over-year increase. The company surpassed the Zacks consensus estimate by 2.8%. Since going public in 2019, Datadog has ...
ServiceNow and Hugging Face release open-source AI model for generating code
ServiceNow Inc. and Hugging Face Inc. today introduced StarCoder, an open-source artificial intelligence model model that can generate code in multiple programming languages. The companies claim that StarCoder is the most advanced model of its kind in the open-source ecosystem. It was developed through a research project that ServiceNow and Hugging Face launched last year. The ...
White House launches new AI initiatives as UK begins review of foundation models
The White House today announced a series of initiatives designed to encourage the creation of safe artificial intelligence software, as well as mitigate the risks posed by the technology. The development comes as generative AI is increasingly emerging as a focus for policymakers. On Wednesday, Federal Trade Commission Chair Lina Khan called for AI to ...
AMD introduces AI-optimized Ryzen 7040U processor series for laptops
Advanced Micro Devices Inc. today introduced a new line of laptop processors, the Ryzen 7040U series, that promises to outperform the M2 chip in Apple Inc.’s latest MacBooks. The Ryzen 7040U series features four central processing units on launch. All four chips are designed to power ultrabooks, or lightweight laptops with a long battery life. ...
FinOps Foundation debuts new specification to ease cloud cost management
The FinOps Foundation today announced FOCUS, an open-source initiative designed to help companies more easily track their cloud costs. The goal of the initiative is to develop a standard specification for organizing cloud spending and usage data. In the future, FOCUS will also provide a number of related data management capabilities. Microsoft Corp. and Google ...
Google rolls out passkey support to user accounts
Google LLC will enable users to sign into its services using passkeys, a new type of login credential that is designed to be more secure than traditional passwords. Google introduced the feature this morning. The search giant has already begun rolling out passkey support to consumer accounts and said it will bring the feature to ...
Honeycomb introduces generative AI query tool for its observability platform
Startup Honeycomb today debuted a new artificial intelligence tool that promises to help developers more easily troubleshoot application errors. Dubbed Query Assistant, the tool is powered by generative AI software from OpenAI LP. Query Assistant will become available as part of Honeycomb’s namesake observability platform. The tool will complement a number of existing machine learning ...