Fun

Microsoft AI to make long-term investments in the UK — CEO

News Feed - 2024-04-09 04:04:42

Ezra Reguerra1 hour agoMicrosoft AI to make long-term investments in the UK — CEOMicrosoft AI CEO Mustafa Suleyman said the firm plans to make a “significant, long-term investment” in the U.K. as they start hiring “passionate innovators.”333 Total views12 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksMicrosoft’s artificial intelligence (AI) arm is making a long-term bet on the United Kingdom as it launches its new AI hub in London. 


In a blog post, Microsoft AI executive vice president and CEO Mustafa Suleyman said the company plans to invest long-term in the region. He wrote:“There is an enormous pool of AI talent and expertise in the U.K., and Microsoft AI plans to make a significant, long-term investment in the region as we begin hiring the best AI scientists and engineers into this new AI hub.”


The executive said the company will actively hire “passionate innovators” who want to contribute to their goals in the coming weeks and months. Suleyman said these individuals will work on the “most interesting and challenging AI questions” of our time.


On March 19, Microsoft AI hired Suleyman to lead its AI initiatives as its CEO and executive vice president. Suleyman co-founded the artificial intelligence startup DeepMind, which Google acquired in 2014.


Suleyman’s statements came as he announced the creation of an AI hub in the United Kingdom. The hub’s goal is to advance AI language models and their infrastructure.


In addition, it would also create tooling for foundation models and collaborate with their AI teams across the globe and its partners like OpenAI.


Community members met the move with enthusiasm. On X, Neil Cameron described the development as a “huge win for the ecosystem” in the United Kingdom.Source: Tom Tugendhat 


Tom Tugendhat, a member of the U.K. parliament, said that it’s a vote of confidence in the U.K. as a global hub for AI.


Related:First VR developer integrates with OpenAI, setting stage for no-code VR development


United Kingdom Prime Minister Rishi Sunak has shown positive interest in AI and sees it as one of the pieces that would contribute to his legacy. On Oct. 26, 2023, Sunak delivered a speech expressing his belief in the potential of AI technology. He said:“I genuinely believe that technologies like AI will bring a transformation as far-reaching as the industrial revolution, the coming of electricity, or the birth of the internet.”


Apart from the U.K., Canada is also getting a boost to its AI sector. On April 7, Canadian Prime Minister Justin Trudeau unveiled a $1.76 billion budget to boost the country’s AI sector and maintain its competitiveness on the global stage.


Magazine:1 in 6 new Base meme coins are scams, 91% have vulnerabilities# Microsoft# UK Government# United Kingdom# AIAdd reaction

News Feed

Starbucks says its NFT rewards program must come to an end
Ciaran Lyons7 hours agoStarbucks says its NFT rewards program must come to an endStarbucks" decision to end its NFT rewards program is in line with similar moves by other major companies in the last year.2625 Total views
Bitcoin ETFs legitimized the crypto industry for investors — Storm Partners
Zoltan Vardai4 hours agoBitcoin ETFs legitimized the crypto industry for investors — Storm PartnersThe approval of the Bitcoin ETFs has offered investors a welcome sign of relief beyond the first publicly traded Bitcoi
Martin Young3 hours agoCourt rules in favor of HelbizCoin investors; class action to go aheadA U.S. federal court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token vi
Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets
Avalanche Foundation Launches $290 Million "Multiverse" Incentives Program for Subnets The Avalanche Foundation has announced a new incentives program to support the use of subnets
Philippine central banker reveals details about wCBDC pilot project
Derek Andersen2 hours agoPhilippine central banker reveals details about wCBDC pilot projectProject Agila will first look at transfers between commercial banks and later try securities settlements and other high-value se
Amaka Nwaokocha2 hours agoRipple Labs to revolutionize real estate industry through tokenizationAn innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, le
Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending
Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending A lot has changed since the coronavirus pandemic swept the globe as it has caused a
Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer
Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungi
Turner Wright7 hours agoStar Trek trademarks for NFTs: The final frontierCBS Studios applied to use the name “Star Trek Continuum” for nonfungible tokens and crypto collectibles.2755 Total views3 Total sharesListen t
$7.5K: Bitcoin’s Price Tanks to Four-Month Low
Bitcoin’s low volatility consolidation has ended with a violent drop beyond four-month lows near $7,500. The premier cryptocurrency fell by $500 in just 15 minutes at 12:50 UT
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on F
MCS Introduces a Market Maker Program With the Best Benefits in the Industry
MCS Introduces a Market Maker Program With the Best Benefits in the Industry PRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growin