AI-generated poems rated higher than human-written verse in new study

AI-generated poetry is now not only indistinguishable from human-written verse but is actually preferred by readers, according to new research from the University of Pittsburgh. The study, conducted by Brian Porter and Edouard Machery and published in Scientific Reports, found that participants rated AI poems more favorably than works by renowned poets across multiple quality …

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China’s AI user base grows to 230 million with Ernie Bot leading domestic market

According to a new report by the China Internet Network Information Centre (CNNIC), China has reached 230 million generative AI users by June 2024, representing about one-sixth of the country’s internet users. Baidu’s Ernie Bot leads the domestic market with an 11.5% share, followed by ChatGPT at 7% and Google’s Gemini at 3.8%, despite the …

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OpenAI aims to reach one billion users through expansion

OpenAI plans to dramatically expand its user base through new AI products, data center investments, and an Apple partnership. According to reporting by Madhumita Murgia, George Hammond, and Cristina Criddle in the Financial Times, the company aims to reach one billion users in the coming year, up from its current 250 million weekly active users. …

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Amazon increases investment in AI company Anthropic to $8 billion

Amazon has announced an additional $4 billion investment in artificial intelligence company Anthropic, bringing its total investment to $8 billion while maintaining a minority stake. The investment marks Amazon’s largest outside investment in its three-decade history. As part of the agreement, Amazon Web Services (AWS) will become Anthropic’s primary cloud and training partner. Anthropic will …

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Enterprise AI spending shows dramatic increase in 2024

Business investment in generative AI reached $13.8 billion in 2024, marking a 500% increase from $2.3 billion in 2023, according to a new report from Menlo Ventures. Hayden Field reports for CNBC that OpenAI’s enterprise market share dropped from 50% to 34%, while Anthropic doubled its share to 24%. The findings, based on a survey …

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Workforce survey shows slowing AI adoption and cooling excitement

A new global survey by Slack reveals that while 99% of executives plan to invest in AI next year, adoption rates among desk workers have stalled in some countries like France and the U.S. The Workforce Index also found that excitement around AI has dropped 6 percentage points globally in the past three months, driven …

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New AI math benchmark exposes limitations in advanced reasoning

The FrontierMath benchmark, developed by Epoch AI, presents hundreds of challenging math problems that require deep reasoning and creativity to solve. Despite the growing power of AI models like GPT-4o and Gemini 1.5 Pro, they are solving fewer than 2% of these problems, even with extensive support, according to Epoch AI. The benchmark was created …

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Tech giants to spend record $200B on AI development in 2024

Amazon, Microsoft, Meta, and Alphabet are set to spend a combined total exceeding $200 billion in 2024 to develop artificial intelligence, a record amount according to a Bloomberg report by Mark Bergen and Lynn Doan. Despite delivering mixed financial results, the companies plan to invest even more next year to secure high-end chips and build …

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Microsoft reports OpenAI investment and AI-driven growth

Microsoft has revealed that its AI business is on track to surpass a $10 billion annual revenue run rate next quarter, making it the fastest business in the company’s history to reach this milestone. The company’s CEO, Satya Nadella, attributes this growth to Microsoft’s partnership with OpenAI, the creator of ChatGPT. Microsoft disclosed in its …

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Meta reports strong AI progress and financial results amid rising costs

Meta, the parent company of Facebook and Instagram, has announced significant advancements in its artificial intelligence projects and strong financial results for the third quarter of 2024. CEO Mark Zuckerberg revealed that Meta AI, the company’s generative AI tool, has surpassed 500 million monthly users and is on track to become the most-used AI assistant …

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