AI News

Salesforce's Tableau Pulse, launched after a beta phase in December 2023, enhances business intelligence with AI, offering natural language queries and dynamic visualizations. It simplifies data insights, proactively alerts users to metrics changes, and provides a Slack digest for user engagement.

Allocations, a fintech startup utilizing AI for private capital fundraising, has surpassed $2 billion in managed assets. AI automates legal paperwork, streamlining processes for asset managers and democratizing access to investments with lower thresholds. A mobile app is set to enhance accessibility further, aiming for $1 trillion in assets by 2030.

OpenAI has updated its GPT Store with new features like user ratings and enhanced builder profiles, allowing feedback and improved visibility for creators. However, it has yet to implement its revenue-sharing model for GPT creators based on usage.

Jasper has acquired Stability AI's image creation platform, Clipdrop, enhancing its generative AI marketing assistant. This integration aims to provide marketing teams with advanced multimodal capabilities, facilitating quicker, on-brand creatives. Clipdrop's features, including image editing and generation, will be integrated into Jasper, with ongoing support from Stability AI.

Intel CEO Pat Gelsinger launched Intel Foundry, aiming to invest $25 billion yearly in chip factories to meet rising AI demand. Alongside OpenAI's Sam Altman, they discussed AI’s transformative potential, the need for improved systems, and the importance of public-private partnerships to navigate societal challenges.

Newo.ai, a Silicon Valley startup, has launched an AI agent builder that enables businesses to create digital employees capable of performing various tasks like calls and emails. With customizable agents integrating into physical robots, Newo aims to enhance productivity while allowing humans to focus on higher-value work, potentially replacing 300 million jobs and generating a trillion-dollar market.

Nvidia reported a record $22.1 billion in Q4 2024 revenue, a 265% increase from last year, driven by generative AI growth. CEO Jensen Huang discussed trends such as sovereign AI, the evolution of data centers into AI factories, and strategies for the gaming and Chinese markets.

Google's AI chatbot, Gemini, temporarily halted its image generation feature following backlash over historically inaccurate portrayals, like depicting U.S. Founding Fathers as Black. The company aims to refine the model for better accuracy while addressing user concerns about diversity and bias.

Stability AI has unveiled **Stable Diffusion 3.0**, a significant upgrade in text-to-image generative AI, featuring enhanced image quality, especially for multi-subject prompts and improved typography. This new model utilizes diffusion transformers and flow matching for better performance and efficiency, setting the stage for future innovations in 3D and video generation.

Biometric authentication, while unique, faces rising threats as hackers exploit vulnerabilities like facial recognition systems. A new Trojan reveals how attackers can use deepfakes to bypass security. With a surge in such attacks, experts warn organizations may question biometric reliability. Protecting against these scams involves cautious app usage and recognizing malware signs.

Nvidia reported Q4 2024 revenue of $22.1 billion, a 265% year-over-year increase. The data center segment rose 409%, while total annual revenue reached $60.9 billion. CEO Jensen Huang highlighted strong demand for generative AI and announced upcoming innovations at GTC 2024.

A recent IEEE survey reveals AI will be the leading technology in 2024, as identified by 65% of 350 tech leaders. Its applications span various sectors, enhancing efficiency but also raising cybersecurity risks. 5G and quantum computing will further bolster AI advancements.

OpenAI has introduced its new flagship AI model, GPT-4o, and is expanding access to its AI tools that were previously available only to premium users. This announcement came during the eagerly anticipated Spring Update event, where the company emphasized its commitment to democratizing the use of ChatGPT.

As interest in generative AI rapidly increases, so does the volume of patent applications aimed at safeguarding this transformative technology. Interestingly, the leading company in this arena is neither OpenAI, the creator of ChatGPT, nor Google, famous for its pioneering Transformer technique. Not even Microsoft, OpenAI's strategic partner, secures the top spot. Instead, it’s IBM, the long-established titan of Big Tech, renowned for its historic Deep Blue computer, which famously triumphed over a world chess champion in 1997.

As generative AI evolves, basic chatbots are becoming inadequate. Google Cloud enhances AlloyDB with the ScaNN vector index, enabling faster vector queries and reduced memory use. Advances in Memorystore and Firebase also support AI applications, anticipating significant market growth from $6.2 billion in 2023 to $58.5 billion by 2028.