| From: Julius Wong | 5/24/2023 11:27:20 PM | | | | | | The White House is looking to develop a national AI strategy
May 24, 2023 5:48 AM ET
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By: Yoel Minkoff, SA News Editor
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As generative AI systems take many industries by storm, calls have been growing on the need to regulate emerging tools and address the potential downsides of the technology. Just last week, the CEO of OpenAI, the creator of ChatGPT, testified to Congress about the need for government intervention to mitigate the risks of increasingly powerful artificial intelligence models. While lawmakers didn't arrive at any specific proposals at the first AI hearing on Capitol Hill, several ideas were brought up and more are now on the horizon.
Snapshot: In response to "one of the most powerful technologies of our time," the Biden administration is taking new steps to "advance responsible artificial intelligence." The first is updating its roadmap, called the National AI R&D Strategic Plan, which outlines key priorities and goals for federal investments in AI research and development. It also released a new request for public input on critical AI issues, like "protecting individuals' rights and safety, and harnessing AI to improve lives." A new report on AI trends in education is being addressed as well, which will cover the risks and opportunities related to teaching, learning, research, and assessment.
Social media went through similar scrutiny during its growth stages in the 2010s. Under the microscope were addictive behavior and disorders stemming from social comparison - and later - data privacy and misinformation. The difference this time around is that AI companies are generally calling for increased regulation as they disrupt current models, compared to the once-famous motto of "move fast and break things" of Facebook founder Mark Zuckerberg. The government also now seems to be keenly aware of moving too slowly on the tech front, with U.S. Surgeon General Vivek Murthy even releasing an advisory on Tuesday that covers the dangers of social media on child and adolescent brain development. |
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| From: Savant | 5/26/2023 1:27:41 PM | | | | | | The easiest, fastest way for customers to begin deploying generative AI across their organizations
REDWOOD CITY, Calif.--(BUSINESS WIRE)--May 24, 2023--
C3 AI (NYSE: AI), the Enterprise AI application software company, announced today that the C3 Generative AI Product Suite is now available as a public offering on Google Cloud Marketplace. Any purchases made through Google Cloud Marketplace are easily tracked and can count towards a customer's committed spending with Google Cloud.
Google Cloud Marketplace provides their customers with the ability to seamlessly purchase and access products from Google Cloud's partners. With C3 Generative AI joining the rest of C3 AI's products on Marketplace, the procurement and onboarding process is further streamlined to allow customers to access C3 AI and Google Cloud's combined expertise in just a few clicks.
"Since we announced C3 Generative AI, we've had intense interest from current customers and prospects to get these capabilities deployed and in use across their systems," said C3 AI CEO Thomas M. Siebel. "Enterprises are looking for ways to locate and retrieve relevant information from their diverse, often siloed systems. C3 Generative AI provides a transformative human-computer interaction model that helps users at the largest organizations rapidly get access to the right information and take concrete action."
The C3 Generative AI Product Suite enables users to ask complex questions about their data and get answers through a simple user interface that everyone across the organization knows how to use. C3 Generative AI is offered as both a standalone application and also packaged as part of existing C3 AI applications such as C3 AI Readiness, C3 AI ESG, and C3 AI Supply Network Risk. Users can easily interact with complex applications to find relevant information and also take appropriate actions.
Customers can now view and purchase all C3 AI products on Google Cloud Marketplace by simply searching and transacting on the platform itself. Marketplace allows interested parties to standardize multiple purchasing functions into a single step, including negotiation and deployment.
"Purchasing the C3 AI Pilot through Google Cloud Marketplace was such a quick and easy process compared to the typical journey of securing enterprise software, which is usually drawn out and complicated," said Honorio Padr?n, CTO at Pantaleon, one of the largest sugar producers in Central America.
Together, C3 AI and Google Cloud have already conducted several transactions through Google Cloud Marketplace, including a large industrial agricultural company, a leading financial technology company, and a global manufacturing company. |
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| From: Ron | 5/31/2023 9:27:22 PM | | | | | | C3.ai Inc. plunged 20% in extended trading after providing a fiscal-year revenue outlook that fell short of analysts’ estimates, fueling concerns the artificial intelligence software company is not living up to the investor enthusiasm that has seen its stock price more than triple this year.
Sales will increase 11% to 20% to a midpoint of $307.5 million in the fiscal year ending April 2024, the Redwood City, California-based company said Wednesday in a statement. Analysts, on average, estimated $317 million, according to data compiled by Bloomberg. The company projected an adjusted loss of $50 million to $75 million in the fiscal year, which is in line with estimates.
Shares dropped to a low of $31.10 in extended trading after closing at $40.01 in New York. As investors have developed an insatiable appetite for AI, the company’s stock has leaped 258% this year, making it the best-performing stock in the S&P North American Expanded Technology Software Index. C3.ai has jumped 45% just since Nvidia Corp.’s blockbuster earnings last week, which boosted a basket of AI-related stocks.
finance.yahoo.com |
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