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AI Artwork Fetches $432,500 at Christie’s Auction
Posted on Author Emily Nicholls
A portrait ‘painted’ using Artificial Intelligence (AI) has sold for a staggering $432,500 during the Prints & Multiples sale at Christie’s. The piece which depicts a slightly blurry chubby man in a dark frock-coat and white collar, was only estimated to fetch $7,000 to $10,000. The artwork is part of a collection created by the […]
Walmart Exploring AI To Improve Shopping Experience with New Intelligent Retail Lab
Posted on Author Emily Nicholls
IRL Levittown; Source: Walmart Walmart has officially opened its AI-based store concept the Intelligent Retail Lab (IRL) in Levittown, New York. The lab is located inside a 50,000-square-foot Neighborhood Market, where computer vision along with thousands of cameras and sensors monitor the store in real-time. The technology observes details such as stock levels, the freshness […]
FCC chairman endorses $26 billion T-Mobile and Sprint merger
Posted on Author Emily Nicholls
Chairman of the Federal Communications Commission (FCC), Ajit Pai, has announced his endorsement for the $26 billion T-Mobile and Sprint merger. Officials from the two telecommunication carriers have been in talks with regulators at the FCC about conditions that would allow the deal to go through. Conditions that have been discussed include the roll-out of […]