Welcome to the AI trough of disillusionment

[ad_1] For many companies, excitement over the promise of generative artificial intelligence (AI) has given way to vexation over the difficulty of making productive use of the technology. According to S&P Global, a data provider, the share of companies abandoning most of their generative-AI pilot projects has risen to 42%, up from 17% last year….

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Microsoft Azure now supports over 1,900 AI models, including Musk’s Grok 3

[ad_1] Microsoft announced on Monday that it will now host technology developed by Elon Musk’s artificial intelligence company, xAI, on its cloud servers, marking a significant partnership between two tech giants despite recent backlash over the behaviour of xAI’s models. The collaboration was revealed during a Microsoft-hosted event where Musk addressed growing concerns about the…

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Elon Musk to keep lawsuit against OpenAI: Why Sam Altman’s non-profit control U-turn fails to cheer Tesla chief

[ad_1] Billionaire Tesla CEO Elon Musk is planning to proceed with his lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday. The development comes hours after the AI startup, co-founded by Musk, dialled back its earlier plan to remove control by its non-profit arm. According to the ChatGPT maker’s new proposed plan, its non-profit…

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AI hallucination spooks law firms, halts adoption

[ad_1] Law firms are sharing cautionary notes with their employees, conducting training programmes and drafting agreements to assure clients that AI tools will not be used for legal advice or research, according to solicitors representing companies across sectors. Others are pulling back from using OpenAI’s ChatGPT, Google’s Gemini and Microsoft’s Copilot to prepare their courtroom representations.  “We…

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Big Techs fortunes diverge as AI powers cloud, tariffs hit consumer electronics

[ad_1] AI boosts Microsoft and Alphabet earnings amid trade war Consumer electronics face tariff-strains, impacting Apple and Amazon Samsung and Qualcomm warn of growing demand uncertainties Microsoft’s AI-driven Azure growth boosts investor confidence By Aditya Soni and Deborah Mary Sophia May 1 (Reuters) – The fortunes of Big Tech are diverging in a rapidly changing…

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