Enacy Mapakame

3 days ago | cryptopolitan.com | Enacy Mapakame

Brookfield Asset Management has announced 95 billion Swedish kronor (approximately $9.9 billion) to establish a cutting-edge data centre dedicated to AI workloads in Sweden. The facility will be located in Strängnäs, an estimated 80 kilometers west of Stockholm, on a parcel of land spanning about 3.77 million square feet. The project is also expected to boost Europe’s AI infrastructure as well as its competitiveness in the AI race.

4 days ago | cryptopolitan.com | Enacy Mapakame

Faced with high expenses, software development has fast become the cornerstone for generative AI startups, two years after OpenAI’s ChatGPT went viral, spurring massive developments in the sector. Known as “code generation” or “code-gen,” these AI tools are attracting enormous valuations as corporate executives explore ways to streamline or even replace costly human programmers.

4 days ago | cryptopolitan.com | Enacy Mapakame

Social media giant Meta is set to contest a decision by the European Commission to classify two of Facebook’s popular features – Messenger and Marketplace as “core platform services” under the EU’s recently implemented Digital Markets Act (DMA). In its defence, Meta says that the Commission overstepped by subjecting the two features to the new Act’s stringent rules that impose some specific obligations on large tech companies to enhance competition.

5 days ago | cryptopolitan.com | Enacy Mapakame

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is gearing up to hand advertisers a fully automated, AI-powered advertising engine by the end of next year. The new suite of tools, first revealed by The Wall Street Journal, will allow brands to generate and precisely target entire ad campaigns simply by uploading a product image and specifying a budget.

5 days ago | cryptopolitan.com | Enacy Mapakame

A critical piece of UK legislation, the Data Bill has intensified a standoff between government and a coalition of artists and creative industry leaders on how developers can use copyrighted material. According to the BBC, the bill in question aims to clarify how AI systems can use existing data for their models. However, a fierce row has started between ministers and peers who back the artists, with no quick solution in sight.