Five Questions as the EU AI Act Goes Into Effect

Five Questions as the EU AI Act Goes Into Effect

(symbiot/Shutterstock) The European Union’s Artificial Intelligence Act went into effect on August 1, becoming one of the first laws to implement broad regulation of AI applications. While all elements of the law are not yet being enforced, the new law is generating plenty of questions. The AI Act, which was initially proposed to the European Commission in 2021, was formally approved by European Parliament in March of this year. Like the General Data Protection Regulation (GDPR) law that came before it, the AI Act harmonizes existing AI laws among members of the European Union, while introducing new legal frameworks governing…
Read More
Sequoia invests in Reflection AI, a startup founded by Google DeepMind alum, at $100 million valuation, sources say

Sequoia invests in Reflection AI, a startup founded by Google DeepMind alum, at $100 million valuation, sources say

Reflection AI, a startup building AI agents, has raised new funding at a $100 million valuation, Business Insider has learned.Sequoia Capital invested in the funding round, according to three sources familiar, valuing it at $100 million, two sources familiar said.AI agents promise to execute difficult tasks, like booking an appointment or updating Salesforce. Reflection aims to take this promise even further by building "superhuman general agents that automate knowledge work done on a computer," according to the company's website.Reflection AI and Sequoia declined to comment. The company's cofounders, Misha Laskin and Ioannis Antonoglou, left Google's DeepMind to launch their new…
Read More
Adobe’s new AI-enhanced Journey Optimizer aims to supercharge B2B marketing

Adobe’s new AI-enhanced Journey Optimizer aims to supercharge B2B marketing

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Adobe announced the general availability of the B2B version of its Journey Optimizer. This version will let enterprises use generative AI to help them identify and persuade the correct decision-makers for large purchases. The company said in a press release that sales and marketing teams often have a hard time reaching the right people who make purchasing decisions for software or hardware. With Adobe Journey Optimizer B2B (AJO B2B), brands can reach the right person and personalize their sales pitch. Adobe told…
Read More
Gig Economy Emerges as a Bright Spot Amid Gloomy Tech Earnings

Gig Economy Emerges as a Bright Spot Amid Gloomy Tech Earnings

It has been a tough earnings seasonBloomberg Terminal for the technology industry, and markets more broadly.Big Tech companies failed to convince Wall Street that their massive investments in artificial intelligence are paying off. Growth in their core businesses underwhelmed. Their results, combined with broader concerns about the health of the US economy, triggered a meltdown that, at one point, had erased some $6.4 trillion from global stock markets. Source link lol
Read More
PSNE: Efficient Spectral Sparsification Algorithms for Scaling Network Embedding

PSNE: Efficient Spectral Sparsification Algorithms for Scaling Network Embedding

arXiv:2408.02705v1 Announce Type: new Abstract: Network embedding has numerous practical applications and has received extensive attention in graph learning, which aims at mapping vertices into a low-dimensional and continuous dense vector space by preserving the underlying structural properties of the graph. Many network embedding methods have been proposed, among which factorization of the Personalized PageRank (PPR for short) matrix has been empirically and theoretically well supported recently. However, several fundamental issues cannot be addressed. (1) Existing methods invoke a seminal Local Push subroutine to approximate textit{a single} row or column of the PPR matrix. Thus, they have to execute $n$…
Read More
Level Up Your AI Data Maturity at Forrester’s NA T&I Summit Event for 2024 

Level Up Your AI Data Maturity at Forrester’s NA T&I Summit Event for 2024 

Forrester’s recent AI Pulse Survey, Q2 2024, indicates that at least 78% of AI decision makers see generative AI impacting IT infrastructure and architecture.    But the landscape of AI applications is ever-changing. To make matters more challenging, the need for data to flow across distributed systems can slow down its availability and usability for AI applications. Technology architecture leaders need to find ways to effectively process, analyze, and utilize constantly changing data spread across various systems.  To help clients prepare their data for AI, Forrester considers three key competencies to help develop a plan of action:  Partners. Understanding the talent…
Read More
MedTrinity-25M: A Large-scale Multimodal Dataset with Multigranular Annotations for Medicine

MedTrinity-25M: A Large-scale Multimodal Dataset with Multigranular Annotations for Medicine

arXivLabs is a framework that allows collaborators to develop and share new arXiv features directly on our website. Both individuals and organizations that work with arXivLabs have embraced and accepted our values of openness, community, excellence, and user data privacy. arXiv is committed to these values and only works with partners that adhere to them. Have an idea for a project that will add value for arXiv's community? Learn more about arXivLabs. Source link lol
Read More
Secret Service busted into a salon to let people use the bathroom during a Kamala Harris fundraiser, business owner says

Secret Service busted into a salon to let people use the bathroom during a Kamala Harris fundraiser, business owner says

It was worse than a bad hair day.Secret Service agents taped over a security camera and broke into a Massachusetts hair salon while securing the area for a Kamala Harris campaign event, according to the salon's owner.The intrusion happened on July 27, ahead of Vice President Harris's first in-person fundraiser since becoming the presumptive Democratic nominee.The owner of the Four One Three Salon, Alicia Powers, told Business Insider that she closed her Pittsfield, Massachusetts, business that day at the request of the Secret Service, which examined the area earlier in the week. The salon is located behind the Colonial Theatre,…
Read More
Extend Model Merging from Fine-Tuned to Pre-Trained Large Language Models via Weight Disentanglement

Extend Model Merging from Fine-Tuned to Pre-Trained Large Language Models via Weight Disentanglement

arXiv:2408.03092v1 Announce Type: new Abstract: Merging Large Language Models (LLMs) aims to amalgamate multiple homologous LLMs into one with all the capabilities. Ideally, any LLMs sharing the same backbone should be mergeable, irrespective of whether they are Fine-Tuned (FT) with minor parameter changes or Pre-Trained (PT) with substantial parameter shifts. However, existing methods often manually assign the model importance, rendering them feasible only for LLMs with similar parameter alterations, such as multiple FT LLMs. The diverse parameter changed ranges between FT and PT LLMs pose challenges for current solutions in empirically determining the optimal combination. In this paper, we make…
Read More
Warner Bros. Takes $9.1 Billion Writedown on TV Networks

Warner Bros. Takes $9.1 Billion Writedown on TV Networks

Warner Bros. Discovery Inc., the parent of CNN and TNT, posted a second-quarter charge of $9.1 billion after writing down the value of its traditional TV networks.The company, created in 2022 when Discovery Inc. acquired WarnerMedia, has concluded that cable channels like CNN and TNT are no longer worth what they were when the $42 billion merger was completed. Source link lol
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.