EdTech Insight – Figma CEO says it is ‘eating cost’ of AI upgrade for customers in 2024

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The recent developments in Figma’s platform, presenting an AI-powered UI3 redesign, signal a significant shift in the design sector, with potential ripple effects across global higher education. Following the...

EdTech Insight – OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recent legal actions taken by several news organizations against OpenAI and its backer, Microsoft, are redrawing the boundaries of copyright law in relation to AI advancements. Intellectual property infringement lawsuits claim...

EdTech Insight – OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the emerging nexus of international higher education and digital innovation, OpenAI stands at the forefront through strategic alliances with revered institutions like Time magazine and News Corp. These collaborations involve...

EdTech Insight – Europe wants to send data centers into space — study says it’s possible

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points The advent of artificial intelligence (AI) is rapidly increasing the demand for data centers, a key driver in tech sector expansion. Europe is currently investigating the potential of launching space-based data centers as a solution...

EdTech Insight – Crypto catches M&A frenzy as bitcoin miners chase AI boom

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent dynamics within the crypto industry have uncovered a convergence with the burgeoning artificial intelligence (AI) sector, leading to strategic alignments and capital reallocation. Post-bitcoin halving, crypto mining...

EdTech Insight – AI pioneer Illia Polosukhin, one of Google’s ‘Transformer 8,’ wants to democratize artificial intelligence

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points Innovations in Artificial Intelligence (AI), such as the advent of transformer neural network architectures, have seen significant contributions from key figures like Illia Polosukhin, who co-authored the foundational AI paper...