Nebius Group (NBIS) Secures $700M Boost from Nvidia and Accel to Revolutionize AI Infrastructure
We recently published a list of 15 AI News Investors Shouldn’t Miss. In this article, we are going to take a look at where Nebius Group N.V. (NASDAQ:NBIS) stands against other AI news investors shouldn’t miss.
Generative artificial intelligence has been gaining traction around the world. The latest country to embrace it is Japan. According to The Japan Times, private-sector businesses in the country have begun embracing related information technologies to enhance operational efficiency. GenAI search services, in particular, are proving useful for searching corporate databases.
READ ALSO: Top 10 AI News Updates This Weekend and 15 Buzzing AI Stocks Making Headlines
The news states how Lion, a leading Japanese consumer goods company, has built a generative AI-powered search system that allows its researchers to search through research reports and conference materials stored in the company’s database efficiently.
Shintaro Yamaoka, manager of the digital strategy department, said:
To drive innovation, we need a system that allows researchers to have quick access to technical knowledge when they need it.
Yamaoka revealed that the time required to locate a desired document has been reduced to an average of one-fifth of that with conventional search systems. The company further states that GenAI is proving beneficial not only for recruits and young employees but also for those transitioning to new workplaces, allowing them to
Systematically acquire knowledge in unfamiliar fields.
Even though GenAI comes with its fair share of challenges such as hallucinations and copyright concerns, it also stands to benefit the corporate world in the long run.
In other news, one popular AI chatbot is seemingly facing a technical glitch and preventing it from saying one name in particular: David Mayer. If there is one name in the AI realm that everyone knows about, it’s ChatGPT. The artificial intelligence chatbot has been trained on large amounts of data to create content, including voices, music, pictures, and videos. However, it was recently unearthed by a Reddit user that the AI chatbot is unable to say David Mayer.
According to AI expert Justine Moore, a plausible scenario is that someone named David Mayer went out of his way to remove his presence from the internet. For example, strict privacy laws in the European Union allow citizens to file “right to be forgotten” requests.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
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Nebius Group (NBIS) Secures $700M Boost from Nvidia and Accel to Revolutionize AI Infrastructure, source
