Business

Auto Added by WPeMatico

KPMG partner fined for using artificial intelligence to cheat in AI training test

Firm says person fined A$10,000 is one of over two dozen staff in Australia caught using AI in exams since JulyBusiness live – latest updatesA partner at the consultancy KPMG has been fined for using artificial intelligence to cheat during an internal training course on AI.The unnamed partner was fined A$10,000 (£5,200) for using the […]

KPMG partner fined for using artificial intelligence to cheat in AI training test Read More »

TikTok creator ByteDance vows to curb AI video tool after Disney threat

Videos created by new Seedance 2.0 generator go viral, including one of Tom Cruise and Brad Pitt fightingBusiness live – latest updatesByteDance, the Chinese technology company behind TikTok, has said it will restrain its AI video-making tool, after threats of legal action from Disney and a backlash from other media businesses, according to reports.The AI

TikTok creator ByteDance vows to curb AI video tool after Disney threat Read More »

Even amid rising economic uncertainty, now is not the time to hug your job

In a rapidly changing job market, it’s not necessarily good for workers to cling to their current employmentAfter all the employee protests over the past few years – the “great resignations”, the “quiet quittings”, the “bare-minimum Mondays” and “coffee badgings” – we have finally arrived at “job hugging”.Amid all the economic uncertainty and the rising

Even amid rising economic uncertainty, now is not the time to hug your job Read More »

UK ad agencies undergo their biggest exodus of staff as AI threatens industry

Number of employees declined by more than 14% to 24,963 last year, with fall greatest among younger workersAI is indeed coming – but there is also evidence to allay investor fearsUK advertising agencies had their biggest annual exodus of staff last year, led by younger workers, as artificial intelligence tools threaten to replace workers and

UK ad agencies undergo their biggest exodus of staff as AI threatens industry Read More »

AI is indeed coming – but there is also evidence to allay investor fears

Opinions are divided about the potential impact of artificial intelligence as the response to a recent viral essay showsUK ad agencies undergo their biggest exodus of staff as AI threatens industryThe message from investors to the software, wealth management, legal services and logistics industries this month has been clear: AI is coming for your business.The

AI is indeed coming – but there is also evidence to allay investor fears Read More »

‘It’s over for us’: release of new AI video generator Seedance 2.0 spooks Hollywood

An AI clip featuring Tom Cruise and Brad Pitt fighting has caused concern among industry figuresA leading Hollywood figure has warned “it’s likely over for us”, after watching a widely disseminated AI-generated clip featuring Tom Cruise and Brad Pitt fighting.Rhett Reese, co-writer of Deadpool & Wolverine, Zombieland and Now You See Me: Now You Don’t

‘It’s over for us’: release of new AI video generator Seedance 2.0 spooks Hollywood Read More »

Shares in trucking and logistics firms plunge after AI freight tool launch

SemiCab platform by Algorhythm, previously considered a ‘penny stock’, sparks ‘category 5 paranoia’ across sectorShares in trucking and logistics companies have plunged as the sector became the latest to be targeted by investors fearful that new artificial intelligence tools could slash demand.A new tool launched by Algorhythm, a former maker of in-car karaoke systems turned

Shares in trucking and logistics firms plunge after AI freight tool launch Read More »

Anthropic raises $30bn in latest round, valuing Claude bot maker at $380bn

Maker of chatbot boasting coding ability said annualized revenue grew tenfold in each of past three years, to $14bnThe artificial intelligence company Anthropic said on Thursday it raised $30bn in its latest funding round that values the Claude maker and OpenAI rival at $380bn, underscoring the breakneck pace of AI investments.The round, led by the

Anthropic raises $30bn in latest round, valuing Claude bot maker at $380bn Read More »