AI News

On Friday, the European Union and the United States released a joint statement emphasizing their commitment to enhancing cooperation in artificial intelligence (AI). This agreement encompasses AI safety and governance, alongside broader collaboration on various technological issues, such as digital identity standards and promoting human rights on online platforms.

ImpriMed: Innovating Dog Cancer Treatment with AI Technology

The current excitement surrounding artificial intelligence largely revolves around generative AI and its application in enhancing consumer software and products. Today, a notable AI startup, PhysicsX, co-founded by a former Formula One engineering expert and a talented computer scientist, is stepping into the spotlight with a distinct mission: to develop and manage physical systems tailored for the enterprise sector.

Gmail is set for an exciting AI-powered enhancement. During the Google I/O 2024 conference on Tuesday, Google unveiled that users will soon be able to search, summarize, and draft emails using its advanced Gemini AI technology. This upgrade will streamline email management, enabling Gemini to perform complex tasks such as assisting with e-commerce returns by locating receipts in your inbox and completing online forms.

As the generative AI landscape evolves, startups are increasingly falling into two distinct categories regarding their business models.

Brazil: The Epicenter of the Next Tech Megacycle

OpenAI is set to launch the GPT Store next week, a dedicated platform for custom applications created using its text-generating AI models like GPT-4.

Google and Microsoft have turned their developer conferences into showcases for their generative AI capabilities. Now, all eyes are on Apple as it gears up for next week’s Worldwide Developers Conference (WWDC), where the company is anticipated to unveil its Apple Intelligence.

OpenAI has launched Sora, its first video-generating model, showcasing remarkable cinematic capabilities. Recent insights from a technical paper titled “Video Generation Models as World Simulators,” co-authored by several OpenAI researchers, reveal Sora’s advanced capabilities beyond initial expectations.

The recent upheaval at OpenAI can be viewed from two distinct angles: one, a nonprofit board aimed at fulfilling its mission felt a key leader was straying from those objectives, prompting his dismissal; the other, a group of individuals lacking direction executed a misguided power grab against the company’s true value driver, ultimately facing backlash.

SiftHub, an innovative AI startup founded by Manisha Raisinghani, the former CTO and co-founder of LogiNext, has successfully raised $5.5 million in seed funding. The company's goal is to enhance its AI assistant, specifically designed to empower sales and presales teams by allowing them to shift their focus from tedious tasks to building meaningful customer relationships.

The OpenAI Saga Unfolds

Intel has announced a comprehensive suite of new AI solutions, highlighted by an upgrade to its Xeon line of processors during the AI Everywhere event. The company introduced the cutting-edge 5th Gen Xeon Scalable processors, a mere few months following the launch of the fourth generation in January. These advanced processors are specifically engineered to handle AI workloads and high-performance computing with unprecedented efficiency.

Cohere, a Toronto startup, has raised $500 million in Series D funding, boosting its valuation to $5.5 billion amidst growing investor interest in generative AI. The funds will enhance its enterprise AI models, focusing on data privacy and multilingual capabilities, while competing with peers like OpenAI and Anthropic.

Salesforce is enhancing its AI capabilities with new features, including vector database support and improved Einstein Copilot functionalities, aimed at simplifying AI usage in workflows. Scheduled for launch in February 2024, these updates will enable better data insights and streamline CRM processes.