Category: Artificial Intelligence

Google has announced that the Pixel 8 Pro will become the first Android smartphone to run on its next-gen AI model, Gemini Nano. This on-device AI integration brings two exciting features to Pixel 8 Pro users: Summarize in Recorder and Smart Reply in Gboard. Gemini Nano ensures data privacy and usability, even without a network […]

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Mastercard has launched “Shopping Muse,” a generative AI shopping tool designed for personalized product recommendations, leveraging technology from Dynamic Yield, acquired in April 2022. Shopping Muse understands colloquial language and trends, offering tailored suggestions for queries like summer wedding attire or minimalist wardrobes. It analyzes user context, on-site behavior, and preferences, including past purchase history. […]

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Meta is collaborating with IBM to launch the AI Alliance, a new industry body focused on supporting “open innovation” and “open science” in AI. This move aims to educate the public about AI issues and develop open AI resources that equally and responsibly meet the needs of business and society. The AI Alliance, which includes […]

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In the race to leverage generative artificial intelligence (AI) for competitive advantage, companies face adoption challenges due to the rapid evolution of the field and a multitude of AI vendors. Nevertheless, global investments in AI-centric systems are projected to reach $154 billion this year, and a MIT Tech Review poll indicates that 50% of firms […]

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In a surprising turn of events, separate projections by financial giants Goldman Sachs and Morgan Stanley suggest that the smartphone industry is poised for a remarkable comeback starting in 2024. This optimistic outlook defies the prevailing warnings of a prolonged slump within the mobile sector. According to Morgan Stanley’s report, global smartphone shipments are predicted […]

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“How can I help you today?” Exactly one year ago today, OpenAI unleashed ChatGPT, a groundbreaking natural language processing model, onto the world. In the span of just 12 months, this revolutionary AI application has reshaped the tech landscape, captivating users worldwide and sparking a frenzy of innovation. Imagine a computer that can talk to […]

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Together, a startup focused on open source generative AI and AI model development infrastructure, has successfully closed a massive $102.5 million Series A funding round. This funding round was led by Kleiner Perkins and saw participation from industry giants Nvidia and Emergence Capital. The company plans to utilize this substantial capital injection to further expand […]

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In a surprising twist, Sam Altman has agreed to return as OpenAI’s CEO just two days after his abrupt ousting, thanks to an unexpected Thanksgiving meeting with Adam D’Angelo, an OpenAI board member who played a key role in his removal. Their lengthy discussion, described by Altman as “really nice,” has drawn attention to D’Angelo’s […]

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During the annual AWS re: Invent event, Amazon Web Services (AWS) made waves by unveiling significant updates to its Amazon Transcribe product. AWS announced that Amazon Transcribe, its popular speech-to-text solution, now boasts support for a whopping 100 languages, marking a substantial increase from the 79 languages it supported just a year ago. In addition […]

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