Inflection AI, a promising startup specializing in consumer AI products, has successfully secured $1.3 billion in funding from major investors, including industry giants Microsoft and Nvidia. This recent funding round has significantly boosted the valuation of the one-year-old company to…

In a world racing to develop artificial intelligence (AI), Melinda French Gates, a renowned philanthropist and advocate for women’s empowerment, is stressing the need for increased female participation in the process. Expressing her concerns about the current AI arms race,…

SEC Considers Regulations •The SEC is considering regulating AI in the financial industry to address potential conflicts of interest and other risks.•The SEC is concerned about the use of AI to target customers with specific investment products and to make…

Meta AI Introduces I-JEPA, the World’s First AI Model Based on Yann LeCun’s Visionary Ideas •I-JEPA is a neural network that learns by creating an internal model of the external world.•Instead of comparing individual pixels, I-JEPA focuses on abstract representations…

YouTube Introduces AI-Powered Tool for Automatic Video Dubbing •YouTube is developing an AI-powered tool that will automatically dub videos into different languages.•The tool is still in development, but it is already capable of producing high-quality dubs.•The tool will be rolled…

Lenovo to invest $1 billion in AI over next 3 years •Lenovo will expand its AI-ready portfolio, comprising smart devices, infrastructure solutions, and services.•The company will also grow its Lenovo AI Innovators program, which collaborates with software partners to offer…

Teleperformance & Microsoft Collaboration •Teleperformance invests $185M in TP GenAI, a generative AI tool that creates fresh and dynamic content.•TP GenAI uses advanced algorithms to create audio, text, and simulations.•Teleperformance predicts that 20-30% of its processes will be automated within…

Snapchat’s My AI Chatbot •Snapchat’s AI chatbot, My AI, has been used by over 150 million users since its introduction in February.•This data allows Snapchat to optimize its ad targeting strategies and deliver more personalized ads to users.•My AI also…

At a Glance •AI is rapidly spreading in the business world, and it has the potential to both displace jobs and create new ones.•Companies that want to mitigate the risks of AI unemployment need to proactively embrace AI innovation.•This means…

At a Glance •Dropbox is leveraging the power of A.I. to introduce cutting-edge products like Dropbox Dash.•A.I. has the potential to revolutionize the way businesses operate, and Dropbox is at the forefront of this transformation.•Drew Houston, the CEO of Dropbox,…

At a Glance •Generative AI is a new technology that has the potential to revolutionize the cybersecurity industry.•CEOs from top cybersecurity companies are excited about the potential of generative AI to enhance defense mechanisms and boost business performance.•However, there are…

At a Glance •The Einstein GPT Trust Layer is a comprehensive set of trust and protection services for generative AI.•The trust layer addresses the challenges and risks associated with generative AI, including hallucinations, toxicity, privacy, bias, and data governance.•The trust…