#AIEye #Podcast: #Stocks discussed: (NasdaqGS: $META) (NasdaqGS: $STGW) (NYSE: $ORCL)
Meta Hires AI Networking Team from Chip Firm Graphcore, and Stagwell Subsidiary Partners with Oracle for AI Collaboration
#WhiteHouse Announces Measures for #AI
Vancouver, Kelowna, Delta, BC – May 5, 2023 – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence
Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
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https://www.investorideas.com/Audio/Podcasts/2023/050523-AI-Eye.mp3
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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:META) (NasdaqGS:STGW) (NYSE:ORCL)
Reuters reports that Meta Platforms, Inc. (NasdaqGS:META) has hired an Oslo-based team known for building artificial-intelligence networking technology at British chip firm Graphcore. Meta spokesperson Jon Carvill, said:
"We recently welcomed a number of highly-specialized engineers in Oslo to our infrastructure team at Meta. They bring deep expertise in the design and development of supercomputing systems to support AI and machine learning at scale in Meta's data centers.”
Carvill did not, however, did not specify what the team would be working on at Meta.
Code and Theory, a digital transformation and engineering network company that is part of market and communications firm Stagwell Inc. (NasdaqGS:STGW), has announced an artificial intelligence collaboration with Oracle Corporation’s (NYSE:ORCL) Oracle Cloud Infrastructure (OCI). According to the press release, this will see both parties “combine OCI's AI infrastructure capabilities with Code and Theory's award-winning digital-first creative thinking to unlock AI-powered innovation at scale for the agency's diverse client base, initially targeting financial, automotive, hospitality, and retail industries.” Code and Theory Executive Chairman and Co-Founder Dan Gardner said:
"Right now, companies are grasping to understand and embed artificial intelligence technology. As touchpoints become increasingly interconnected, businesses that are looking to succeed must understand the need to embed AI across the entire ecosystem as opposed to purely generative and one-off use cases.”
White House Announces Measures for AI
CNN reports that the US government has unveiled a plan for artificial intelligence tech, including a series of measures to address “potential risks for discrimination, misinformation and privacy.” This comes on the same day that Biden administration officials, including Vice President Kamala Harris, met with the CEOs of Google, Microsoft, ChatGPT-creator OpenAI and Anthropic to discuss concerns surrounding the development of AI. According to the article, the White House “plans to introduce policies that shape how federal agencies procure and use AI systems,” – a move which could “significantly influence the market for AI products and control how Americans interact with AI on government websites, at security checkpoints and in other settings.”
Sam Mowers, Investorideas.com
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Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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