It was another intriguing day in the world of artificial intelligence. The UK government announced that it will be hosting an AI summit at the beginning of November 2023. The summit is set to be an international affair where dignitaries from other countries will be invited. In other news, Tencent Holdings, a Chinese multinational conglomerate, has revealed that it plans to bring forth its own AI foundational model before the end of the year. This and more in today's AI roundup. Let us take a closer look.
The UK government announced today that it will be hosting an AI summit on the safety of artificial intelligence at the beginning of November, as per a report by Financial Times. The summit will also invite “like-minded” countries to participate in the event. It will address potential global threats to democracy such as AI in warfare and cyber security. Alongside political dignitaries and academicians, the summit will also invite major corporations involved in AI such as Google's DeepMind, Microsoft, OpenAI, and more.
According to a report by Nikkei Asia, Chinese technology conglomerate Tencent Holdings has revealed that it will roll out its own generative AI foundational model later this year. This announcement comes after the company recorded lower-than-expected quarterly revenue growth.
Calling the move a revenue multiplier, as a way to generate additional revenue sources, Tencent President Martin Lau said, “We look at the opportunity and the technology much more broadly than just a chatbot.…We are very relentlessly working on the upgrade and the iteration to prepare for the launch at some point in time in the latter part of this year”.
CathVision, a tech company working with ablation therapy of cardiac arrhythmia, has
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