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A new tool will be developed to demonstrate the potential of generative AI to support unique, bespoke experiences for visitors to Dublin.

Dublin City Council, OpenAI team up for tourism project

Open AI, the parent company of ChatGPT, is teaming up with Dublin City Council to showcase the potential of artificial intelligence (AI) to enhance and support the tourism industry.

Business • 28 Feb 24

The Times sued OpenAI and its largest financial backer Microsoft in December.

OpenAI says New York Times 'hacked' ChatGPT

OpenAI has asked a federal judge to dismiss parts of the New York Times copyright lawsuit against it, arguing that the newspaper "hacked" its chatbot ChatGPT and other artificial-intelligence systems to generate misleading evidence for the case.

Business • 27 Feb 24

Blackwells is one of two activist investors pushing for board seats at Disney.

Disney activist Blackwells demands AI strategy

Walt Disney shareholder Blackwells Capital is calling for it come up with an artificial intelligence (AI) strategy, saying that this could lift the US media and entertainment giant's stock price by as much as 129%.

Business • 26 Feb 24

The four-day Mobile World Congress (MWC) got under way today in Barcelona

Smartphone makers bet on AI to revive sales

Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand.

Business • 27 Feb 24

43% of businesses surveyed globally are investing in generative AI.

AI top of the list for businesses investing in technology

Businesses investing in technology are putting artificial intelligence (AI) top of their list, new research by EY shows.

Business • 23 Feb 24

$30 billion worth of Nvidia shares changed hands daily on average over the past 30 sessions, pulling ahead of Tesla, which averaged $22 billion a day over the same time

Nvidia dethrones Tesla as Wall Street's most traded stock

Chipmaker Nvidia is replacing Tesla as Wall Street's most traded stock by value, adding to its prominence after becoming the third-most valuable US company and showing more evidence of how central AI-related bets have become to investors.

Business • 21 Feb 24

Hilary O'Meara, Managing director of Accenture Ireland, Enda King, Director of The Dock, Julie Sweet, CEO of Accenture and Denis Hannigan, Data and AI Practice Lead, Accenture in Ireland.

Accenture opens new generative AI studio in Dublin

Accenture has opened a new generative artificial intelligence (AI) studio in Dublin.

Business • 19 Feb 24

More than three quarters of Irish workers said technology plays an important or critical role in their day-to-day work.

Half of Irish people have experimented with AI

Almost half of Irish people say they have experimented with artificial intelligence (AI) or use it regularly for personal use, according to a new survey.

Business • 15 Feb 24

Google has opened applications for social enterprises and nonprofits that could help reach those most likely to benefit from AI training

Google pledges €25m to boost AI skills in Europe

Google has pledged €25m to help people in Europe learn to use artificial intelligence (AI).

Business • 12 Feb 24

Alphabet shares fell 6% in after-hours trade last night on Wall Street

Alphabet's Q4 ad revenue disappoints, shares sink 6%

Google owner Alphabet disappointed Wall Street as Christmas-season advertising sales came in below expectations and the company said its spending on items such as servers to power artificial intelligence would jump this year.

Business • 31 Jan 24

Microsoft's total revenue grew 18% to $62 billion in the quarter ended December 31, compared with the average analyst estimate of $61.12 billion

Microsoft touts AI strength, shares dip on higher costs

Microsoft has beaten market estimates for quarterly profit and revenue, as new artificial-intelligence features helped attract customers to its Azure cloud service as they built out their own AI services.

Business • 31 Jan 24

Mark Read, the CEO of WPP, is looking to invest in AI at the ad firm

WPP bets on AI for growth, but no quick fix for 2024

Advertising group WPP is to invest in AI to drive its top line and improve margins in the medium term but 2024 will be another tough year, as it forecast that like-for-like growth would be flat to up by 1%.

Business • 30 Jan 24

IBM said it expects 2024 revenue to grow in the mid-single-digits, at around 4%-6%, compared with Wall Street expectations of about 3%

IBM forecasts annual revenue growth above estimates

IBM has forecast full-year revenue growth above market estimates, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence (AI).

Business • 25 Jan 24

SAP said it expects generative AI to fundamentally change its business

SAP to restructure 8,000 roles in push towards AI

German software firm SAP has unveiled a €2 billion restructuring programme for 2024 that will affect 8,000 roles, as it seeks to better focus on growth in artificial intelligence (AI)-driven business areas.

Business • 24 Jan 24

Several CEOs at the WEF meeting in Davos told Reuters that the latest generative AI still has a lot to prove.

AI buzzes Davos, CEOs wrestle with how to make it pay

Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum (WEF) say they are grappling with how to turn early demos into money-makers.

Business • 18 Jan 24

Satya Nadella, Microsoft CEO, during an interview with Bloomberg House at Davos today

Microsoft CEO defends OpenAI partnership after probes

Microsoft CEO Satya Nadella has today defended his company's multi-billion-dollar investment in ChatGPT developer OpenAI after the EU and Britain launched probes into whether it resembles a merger.

Business • 16 Jan 24

Text to image generative AI is shown at CES 2024 in Las Vegas

CES 2024 is not the year of the AI gadget

Generative AI fever was expected to sweep through tech land and dominate CES, the year's premiere consumer electronics trade show in Las Vegas this week.

Business • 12 Jan 24

CES 2024 runs from January 9 to 12 in Las Vegas

AI to dominate CES 2024, even without OpenAI's Altman

OpenAI boss Sam Altman will not appear at the CES trade show in Las Vegas next week. But the generative artificial-intelligence fever his startup set off last year will be on full display as gadget makers race to find consumer uses for the technology.

Business • 10 Jan 24

The study found that over 60% of people in Ireland have heard of Generative AI, with 33% having used the technology

One in ten Irish people have used AI in work - study

One year after the launch of ChatGPT, more than 300,000 people in Ireland have used artificial intelligence at work, according to new research from Deloitte.

Business • 23 Nov 23

Sam Altman was sacked as OpenAI CEO on Friday - but already looks set to return

Sam Altman to return as OpenAI CEO

ChatGPT-maker OpenAI has reached an agreement for Sam Altman to return as CEO days after his sacking, capping frenzied discussions about the future of the startup at the center of an artificial intelligence boom.

Business • 22 Nov 23

Kingfisher's virtual assistant will answer customers' DIY queries online and provide step-by-step advice on home improvement projects, as well as product recommendations

B&Q owner Kingfisher's new AI-powered customer helper

Home improvements retailer Kingfisher, home to the B&Q and Castorama brands, has launched what it says is the sector's first artificial intelligence-powered assistant to support customers with do-it-yourself (DIY) projects.

Business • 14 Nov 23

The entertainment and media industry's growth is mainly due to increasing internet access and a growth in video on demand subscriptions.

Entertainment & Media industry to grow by 3.6% a year

The Irish entertainment and media industry is to grow by an annual compound rate of 3.6% between now and 2027, a new report from PwC has predicted.

Business • 06 Nov 23

Shares of Meta have risen nearly 150% so far this year

Meta beats revenue estimates on digital ad strength

Meta Platforms last night beat expectations for third-quarter profit and revenue, helped by its ongoing austerity drive and a recovery in digital advertising spending ahead of the Christmas season.

Business • 26 Oct 23

Microsoft's cloud computing and PC businesses grew as customers anticipate using its AI offerings

Microsoft sales beat estimates as customers set for AI

Microsoft has beaten Wall Street estimates for fiscal first-quarter results in all segments, with its cloud computing and PC businesses growing as customers anticipate using its artificial-intelligence offerings.

Business • 25 Oct 23

Tech giants battling for content to build AI - Nadella

Microsoft chief executive Satya Nadella has said that tech giants were competing for vast troves of content needed to train artificial intelligence, and complained Google was locking up content with expensive and exclusive deals with publishers.

Business • 03 Oct 23

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