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Box taps Google Cloud's generative AI capabilities to extract metadata

Using Google’s Vertex AI platform, Box is rolling out new generative AI capabilities to improve how its enterprise customers are able to work.

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UK to house three new supercomputers by 2025

As part of the UK government’s £900 million ($1.1 billion) spending package to drive the country’s AI research and innovation capabilities, the universities of Bristol, Cambridge, and Edinburgh will...

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AI Safety Summit shows need for collaborative approach to risks

While there were positive results from this week’s global AI Safety Summit, it's clear that a gulf remains in how individual countries are seeking to mitigate what they believe the biggest risks are.

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Canon's alternative chip equipment likely subject to US trade curbs to China

A month after Canon announced it would be manufacturing nano-imprinting lithography machines, the company’s CEO said its offering would be more affordable than the technology currently available but...

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Whiteboarding platform FigJam gets new AI-powered capabilities

Users of Figma’s spinoff whiteboarding tool FigJam will have access to content generation and organisation capabilities, powered by OpenAI generative AI technology.

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UK’s Ofcom outlines draft codes of practice for enforcing online safety

Two weeks after the UK government passed the Online Safety Act into law, the regulator responsible for enforcing the legislation has set out its draft guidance for companies who fall under its scope.

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Japanese government pledges further $13.3B to shore up domestic chip sector

At the tail end of a year that has seen significant investments funnel into Japan’s semiconductor industry, the government has announced further funding to bolster its manufacturing and R&D efforts.

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Nvidia unveils new GPU-based platform to fuel generative AI performance

The new Nvidia HGX H200 has been designed to support the high performance computing workloads required to train generative AI models.

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Global semiconductor sales to jump 20% in 2024: IDC

In an updated version of its semiconductor market outlook, IDC has forecast that after a period of decline the industry will experience year- on- year growth of 20.2 per cent in 2024 .

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Meta and ByteDance dispute gatekeeper status of platforms under EU’s DMA

After the EU named Facebook Messenger and Marketplace, and TikTok gatekeeper platforms under its Digital Markets Act, both parents companies have decided to launch legal challenges against the...

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EU Commission issues objections to Adobe's $20B Figma acquisition

The EU Commission has published a Statement of Objections, outlining the ways in which the deal could potentially reduce competition in the global interactive product design software market.

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Amazon to cut jobs at Alexa unit to sharpen focus on generative AI

Amazon’s Alexa division is set to suffer another round of job cuts as the company plans to discontinue some initiatives in favor of new generative AI projects.

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US trade restrictions have done little to curb Chinese chip manufacturing

Even though the US government has continued to ratchet up export restrictions on advanced semiconductor manufacturing equipment to China, organisations in the country have increased purchases of the...

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Digital advocacy group criticizes current scope of the EU AI Act

In an open letter signed by members of Digital Europe, the group warned that over-regulation of the AI industry could negatively impact the region’s ability to become a global leader in the technology.

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Alibaba shutters quantum computing efforts

In the same month that Alibaba shelved plans to spin off its cloud computing arm, the e-commerce and cloud computing company has now shuttered its quantum computing research laboratory.

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